Lakota, a name that means “feeling affection, friendly, united, allied”, are a
Native American tribe. They are the western-most of the three Sioux-language
groups and occupy lands in North and South Dakota. The tribe is notable for its
members Sitting Bull of the Hunk papa band and Crazy Horse of the Oglala band, who
led their people during years of resistance to United States government
and by treaty they are a semi-autonomous “nation” within the United States. In
2007, the Lakota Nation withdrew from all treaties with the United States in a
decision to declare their sovereignty and independence. Following their formal
secession, the free and independent Nation of Lakota launched the Free Lakota
Bank in 2008.
Lakota have been using their own coins since 2008. Across the great Lakota
land, thousands of communities and merchants participate in their system of
trade. The Lakota leadership claims to use their new monetary system to help
restore wealth and prosperity to their people.