[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.
--
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