>>Before nation states had central banks you could find regional currencies all over the place. It was a mess. One of the main issues is that most of them weren

>>Before nation states had central banks you could find regional currencies all over the place. It was a mess. One of the main issues is that most of them weren't guaranteed in any way, similar to what we see with crypto today. It wasn't a mess: https://www.alt-m.org/2021/07/06/the-fable-of-the-cats/ https://www.alt-m.org/2021/07/06/the-fable-of-the-cats/