“They create their own money against financial assets they buy from you with that money.“ This is eerily similar to the common crypto exchanges that take your

“They create their own money against financial assets they buy from you with that money.“ This is eerily similar to the common crypto exchanges that take your fiat and sell you their exchange tokens they are minting out of thin air. The market decides the value of these made up exchange tokens e.g. Binance Bnb tokens I’m sure there are many other interesting crypto parallels to what banks do with money behind closed doors. Anyone else got some good examples to share?