Chapters 459-461 So Exaggerated_5

Issuing currency isn't an exclusive business of banks; originally, the Ten Great Families were all issuing currency. In fact... it wasn't just the Ten Great Families; every silver mine, copper mine, and gold mine was issuing currency too. It wasn't a monopolized business of the banks.

However, currently speaking, all the currency is equivalent currency. The currency itself represents money, and its value is exactly that amount of money. For example, a Gold Coin is certainly made of gold, and the gold contained within one Gold Coin is worth the price of one Gold Coin. Therefore... as long as you have gold, almost everyone can issue currency.

But banks are different. Although they also issue currency, they issue exclusive currency. The currency itself isn't worth the monetary value it represents. That's the biggest difference.