Virtual Currency.

Dimon groaned for a moment.

"Whether this virtual currency has certain constraints. For example, in real money, there used to be a silver standard, and it relied on the number of silver dollars of the country to print. Later, there was the gold standard, which depended on the total amount of gold in the country. Until now, it is a credit system. Before the state was printed, it no longer relied on gold and silver, but on the basis of state credit. So, theoretically, the state can print money in unlimited quantities. However, if there are no restrictions at all, then the banknotes of this country will be worthless. Dimon said.

In the financial world, everyone loves this thing.

But in reality, the banknotes themselves have no value.

The banknote itself is a piece of paper.

On its own, it has no value.

It is because the government that prints the money has a credit value that the money it prints is worth it.

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

In terms of network, this virtual currency, if there is no constraint, is just a piece of code, as much as you want, no matter how much you hype, it is not worth anything.

In itself, it will be worthless.

In this case, no matter how much he fried, it was useless.

"This virtual currency is a very advanced algorithm. At the limit of its algorithm, it can only produce 21 million in the end. It couldn't be more. There are only 21 million!" Qin Feng said.

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

"To put it simply, each banknote has a unique serial number on it, right?" Qin Feng said.

Dimon nodded.

Each banknote is unique and cannot coincide.

Once it coincides, it is a counterfeit banknote.

Of course, there are also extremely rare cases where it is an official typographical error. This is extremely rare. It is possible to give inappropriate examples.

"And the virtual currency we designed is to use 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, solve the problem through a specific complex calculation formula." When you solve it, you get this set of serial numbers, and you get an electronic currency. ”

This time, Dimon understood.

When I realized this, my eyes began to glow.

Because, the scarcity of currency, there are 21 million in total, and everyone can calculate and obtain. That's a hype space.

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

Qin Feng nodded.

I have worked hard for digital music copyrights, and until now, the five major record companies have not given it to me.

Under the limitations of the times, it is difficult to develop something that crosses the era.

Twenty years later, everyone is used to it. But now, it's not that easy.

This is not a human being stupid, but a human habit.

For example, China has been using WeChat payment and Alipay payment. If it is said that in addition to personal and personal transfers, 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. Bind a credit card or bank card directly to your mobile phone. Then when you pay, at the POS machine, just swipe your mobile phone.

As long as you pass the security verification of your phone, just swipe it. You don't need to go into the software at all.

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

If it's a human face, then brush the face and get closer to the POS machine.

This payment method, in the case of a POS machine, is undoubtedly very convenient. You don't need to open the software, you can scan each other's codes. What's more, any POS machine in the world supports it, and you don't need to have an internet connection to pay.

However, how many people in China use it?

Even if you've heard someone say it, it's very convenient. But not many people use it. It's habitual.

Also, for foreign countries, it has been said that it is still a very traditional payment method, in fact, this is also a misjudgment. It's also a matter of 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 at the moment, I don't have much money to support you. Qin Feng frowned, "That's it, after a while, I want to find a way to get you 10 million first." ”

This stock market is getting crazier and crazier.

Qin Feng felt that the stock he was waiting for was about to be listed.

During this time, there were also many technology stocks listed.

The rally is good. But Qin Feng didn't make a move.

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

At that time, no matter how you explain it, you can make money every time.

Of course, the other party has no evidence, and he can't do anything about himself. However, the other party can terminate its own transaction, that is, not allow itself to trade.

That's not good.

Therefore, Qin Feng has always been very low-key and has been waiting for an opportunity.

Now, it's time to seize the opportunity and make a big profit.

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

Of course, Qin Feng can also raise funds, and he can also obtain financing from domestic banks.

The Big Four are rich.

Very rich.

However, Qin Feng didn't want to borrow money from the four major banks.

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

At this time, once Boss Ming retires, they force themselves to repay the money, and they will be poor in an instant, even if they have a net worth of tens of billions.

Therefore, Qin Feng tried not to borrow money from the four major banks as much as possible. It's all on your own.

Boss Yan doesn't want to launder money by himself, which is enough to explain a lot of problems.

Although there is a reason for the boss here, it is also very thought-provoking to investigate it deeply.

"10 million!" Dimon looked odd.

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

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

Dimon really admired Qin Feng's courage.

In order to hype this virtual currency, it is easy to come up with $10 million. It's too bold.

That's $10 million.

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

Today, a set of the most high-end mansions is just over 10 million. It's still the kind that occupies a huge area.

Now Qin Feng is taking it out at every turn, it's too scary.

It's a little too scary.

"But, boss, I think, according to what you said, your virtual currency is not something that can be obtained casually. Whoever you are, you need to solve this equation. In this case, doesn't it mean that you have to solve the equation to get the money? Your investment of $10 million doesn't seem to be worth it!" Dimon wondered.

Dimon really didn't know how Qin Feng could earn it back after spending so much money.

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