No central bank can exist or need to exist, along with all its other functions of policies and oversight, without first a currency having been issued.

i.e. The only reason why a conventional central bank does all that it does is because a country has issued a currency in the first place.

Cheers,

Lance

Investor | Entrepreneur | Thinker — Clubhouse @lanceng 🔗 www.3linepitch.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store