But if everybody start creating their own currency shouldn't it defy the purpose? Like everybody would have their own currencies and nobody wanna trade in foreign money?
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But if everybody start creating their own currency shouldn't it defy the purpose? Like everybody would have their own currencies and nobody wanna trade in foreign money?
Well it all boils down to the core values of the currencies that it shouldn't be controlled so I think the market will regulate itself and it will also depend on the expertise and creativity of those who are willing to start one.