All money is "conjured" to some extent. Cash has no intrinsic value (you can't eat it or use it to build a house); it only has value because we as a society ac

All money is "conjured" to some extent. Cash has no intrinsic value (you can't eat it or use it to build a house); it only has value because we as a society accept that it does, and accept that governments have the power to print it. Counterfeiting as described in the article is a violation of that social contract. Perhaps you think that all money is counterfeit because banks print it, or something, and that we should instead operate on an economy built around trading shells or bison, but even if that's the case, societal expectations clearly differentiate between what banks do and what this guy did, so if "counterfeiting" is the wrong word to describe the latter and not the former, feel free to suggest a more precise term.