Leister

They're trying to create some sort of current state snapshot right now.

These are the assets we trust.

Okay.

Let's codify.

Look it up.

These in a framework that we're cool with, as in we'll define them and exclude them from digital commodities.

But if you're not mature yet, we're not going to allow the derivative.

Thus, you're going to fall into this other category of digital commodity provided

It's not also a security, which is an arbitrary definition right now.

It also excludes stable coins.

However, the definition of stable coin has been changed.

In current cryptocurrency, you have algorithmic stable coins.

You have pegged fiat stable coins.

In their definition of a stable coin under these regs, they're saying, however you do it,

you need to peg to a trusted asset.

So when we say trusted asset, they're essentially talking Fiat and there are exclusions for foreign based assets.

So what they're essentially doing is they're saying, if you're going to do the stable coin and be governed under this regulatory framework, essentially you need to peg to our us dollar.

Now consider what that means.

The increase in inflation,

of the U S dollar and its devaluation over time pegged to stable coins means that you are not getting away from the impacts of inflation that Fiat has wrought.