Rebirth of Fortune Soars

Virtual currency.

Dimon pondered for a moment.

"Whether this virtual currency has certain constraints. Just like, in real currency, it used to be the silver standard, and it was printed based on the country's silver dollar. Later it was the gold standard, which was dependent on the country's total amount of gold. Up to now, it is Credit system. The country no longer relies on gold and silver before printing, but based on the national credit line. Therefore, in theory, the country can print an unlimited amount of banknotes. However, if there are no restrictions at all, then the country’s banknotes will be worthless ." Dimon said.

In the financial world, banknotes are loved by everyone.

But in fact, the banknote itself has no value.

The banknote itself is a piece of paper.

By itself, it has no value.

Because the government that prints banknotes has creditworthiness, the banknotes it prints are worth.

Therefore, the credit value of each country itself, as well as the comprehensive national strength of each country, is a constraint on the banknotes it prints.

On the network side, this virtual currency, if there are no constraints, is just a piece of code, there is as much as you want, and no matter how you hype it, it is worthless.

On its own, it will be worthless.

In this case, no matter how he fries, it is useless.

"This virtual currency is a very advanced algorithm. At the limit of its algorithm, only 21 million can be produced in the end. There can be no more. Only 21 million!" Qin Feng said.

"What do you mean?" Dimon was a little confused.

"In short, every banknote has a unique serial number, right!" Qin Feng said.

Dimon nodded.

Each banknote is unique and cannot overlap.

Once overlapped, it is a counterfeit bill.

Of course, there are also extremely rare cases where official printing errors are caused. This situation is extremely rare. Can not be an example.

"The virtual currency we designed uses a set of equations to give an electronic currency a unique number. At the beginning of the design, there were only 21 million sets of equations." Qin Feng said, "Then, through specific complex calculations. Formula to solve the problem. When you solve it, you get this set of prefix numbers, and you get an electronic currency."

At this moment, Dimon understood.

When I understand it, my eyes begin to shine.

Because of the scarcity of currency, there are only 21 million coins in total, and everyone can calculate and obtain them. This is a hype space.

"However, it is not so easy to be accepted by the outside world." Dimon said.

Qin Feng nodded.

I have tried my best for the copyright of digital music. Up to now, the five major record companies have not given it to myself.

Given the limitations of the times, it is difficult to develop things that transcend the times.

People have become accustomed to things twenty years later. But now, it is not so easy.

This is not because people are stupid, but because of people's habits.

Just like, WeChat Pay and Alipay have been used in China. If we say that apart from the transfer of personal and personal opinions, in fact, Apple Pay or Google Pay is more convenient, how many people use it?

In fact, this payment method is used all over the world. Directly bind a credit card or bank card with your mobile phone. Then when making payment, just swipe the phone at the POS machine.

As long as you pass the mobile phone security verification, just swipe it directly. There is no need to enter the software at all.

For example, a fingerprint mobile phone, that is, put the fingerprint on, and then close to the POS machine to make the payment successful.

If it is a human face, just brush the face and get closer to the pos machine.

This payment method is undoubtedly very convenient when there is a POS machine. No need to open the software, scan each other's codes. Moreover, any POS machine in the world is supported, and you can pay without having a network.

However, how many people use it in China?

Even if I heard someone say, this is very convenient. But not many people use it. This is the result of habit.

Also, for foreign countries, it has been said that it is still a very traditional payment method. In fact, this is also a misjudgment. This is also dictated by habit.

Human habits are terrible. The acceptance of new things is very slow.

Therefore, it is very difficult to promote electronic money.

"That's why I'm looking for you!" Qin Feng said with a smile.

"But for now, I don't have much money to support you." Qin Feng frowned, "Well, after a while, I will find a way to get you 10 million first."

This stock market is getting crazy.

Qin Feng felt that the stock he was waiting for was about to go public.

During this period, many technology stocks were also listed.

The rally is good. But Qin Feng didn't do anything.

the reason is simple. If you make frequent moves and make money every time, it will definitely arouse the attention of the China Securities Regulatory Commission.

Then, how do I explain myself, I can make money every time.

Of course, if the other party has no evidence, he can't do anything to himself. However, the other party can terminate their own transactions, that is, they will not allow themselves to trade.

That would be bad.

Therefore, Qin Feng has been very low-key and has been waiting for opportunities.

Now, we must seize the opportunity and make a lot of money.

After all, there are too many places to spend money.

Of course, Qin Feng can still raise funds, as well as from domestic banks.

The Big Four are rich.

Very rich.

However, Qin Feng didn't want to borrow money from the Big Four.

I have already borrowed 70 billion, and if I borrow again, it will be hundreds of billions.

At this time, once Ming's boss retires and they force themselves to pay back the money, then they will have a net worth of tens of billions, and they will be impoverished in an instant.

Therefore, Qin Feng tried his best not to borrow money from the four major banks. Everything depends on yourself.

Boss Yan has stopped laundering money by himself, which is enough to explain a lot of problems.

Although it is said that there are reasons for the boss, it is also very thought-provoking to go into the background.

"10 million!" Dimon looked weird.

"What's wrong? Isn't it enough?" Qin Feng was surprised.

"No, no, it's not enough, but too much." Dimon waved his hand again and again, "Boss, I really suspect that you have a mine at home! Otherwise, how can you easily get 10 million dollars!"

Dimon really admires Qin Feng's courage~www.wuxiaspot.com~ In order to hype up this virtual currency, he often used 10 million US dollars. This is too bold.

This is 10 million U.S. dollars.

Not 10 million dollars in 2020. It was $10 million in 1999.

Nowadays, a set of high-end luxury houses is just ten million. It's the kind that occupies a huge area.

Now Qin Feng took it out at every turn, it was too scary.

This is really a bit too scary.

"But, boss, I think, according to what you said, your virtual currency can't be obtained casually. No matter who it is, you need to solve this equation. In this case, doesn't it mean that you have to go too? You can get money by solving equations. Your investment of 10 million dollars seems not to be a good deal!" Dimon wondered.

Dimon really didn't know how Qin Feng spent so much money to make it back.