Ironic @steemstreems, when you understand how the monetary and banking system truly works, what you describe is how things operated for the last 70 years.  The international banking system provided just that.

Many point to the reserve system the mainstream promotes.  The bankers ignored the Fed etal and moved on from reserve banking.  Now we are just taking reserveless banking to the next level, by removing the banks.

So yes there is no need for a single currency when there are so many different realms being constructed.  Bitcoin, alone, would set up only more gatekeepers.

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