The Scottish Reserve Bank website attempts to clear up many of the deliberate myths surrounding the establishment of a new Scottish currency 

Previous reports determined that an independent Scotland should maintain its own currency. This report outlines how and why Scotland should form a central bank to manage that currency. The philosophy behind why a central bank is important is outlined with extensive reference to modern and historical precedents. Scotland’s central bank would be self-funded and self-sustaining once established and, indeed, should be publicly owned so as to generate a return for the Scottish Treasury.