What do you mean creating their own currency?
Let’s not confuse the currency with the gold, oil or services that backs it.
Creating value doesn’t imply by definition their own currency, althoug...
Ecash is a liberty dollar. You're giving your bitcoin to someone and they're giving you their own currency they created, which they claim has x value. In an Austrian econ utopia that would be fine and dandy, but 8n the real world govs tend to like keeping that monopoly for themselves.
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