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  1. Stable coin is counterfeiting value, in my opinion. The same goes for derivatives. A bank own gold and then they do a derivative of it and sells it to customers. You owns 1oz gold says the certificate because they have the equivalent in the vault. At the same time they lease/rent out the gold to other banks, that do the same thing. Result is that there is several different certificates of the same gold issued by different banks. What i have read and watched, this is really what happen in the bank sektor, and all earn money on this, and shut up. Audits not allowed to se the gold. This is like I owning the real painting of Mona Lisa, and you have 10 copies of it, mimic the value of the real, and that is counterfeiting. I think a lot of the derivative market is like this and banks have protected these counterfeiting policys, and the regulators and the people dont have a clue of what is happening, other than if it increase in value, it must be god, morons…

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