I think you are a few centuries late there - government banks were the Johnny come lates. The weaponization has gone on for quite a while even if you ignore the

I think you are a few centuries late there - government banks were the Johnny come lates. The weaponization has gone on for quite a while even if you ignore the "required by law" aspects. Also not basic yet - physical currency is the current "most basic". The reason for government currency systems were because they backed taxes and had more stability than private entities. There is a long history of trickery from back when banknotes were literally issued by private banks.