[LINK] The shocking reason the U.S. wants to stop Facebook’s Libra

JLWhitaker jwhit at internode.on.net
Thu Jul 11 20:24:36 AEST 2019

On 11/07/2019 7:44 PM, Kim Holburn wrote:
> I noticed that.  I seem to recall that in the past banks created their own currency.
> https://www.therightnote.com.au/articles/private-banknotes-in-australia-1817-1901/  <https://www.therightnote.com.au/articles/private-banknotes-in-australia-1817-1901/>
> Surely in other countries too.

I know they did in the US. In fact, they would cut pieces off and use 
it. Ever hear of pieces of eight? Or 2 bits, 4 bits, 6 bits, a dollar?
And there were private banks in the US.

Melbourne, Victoria, Australia
jwhit at janwhitaker.com
Twitter: @JL_Whitaker
Blog: www.janwhitaker.com

Sooner or later, I hate to break it to you, you're gonna die, so how do you fill in the space between here and there? It's yours. Seize your space.
~Margaret Atwood, writer

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