Chapter 423: Amazing Bitcoin

"When it comes to financial markets, I'm not really interested in stocks, I'm not very interested in futures. However, I can tell you that I am planning to develop a virtual currency recently. The name of the currency is Bitcoin. If Miss Anna is interested, you can buy some at that time, and the future return will definitely exceed your expectations. ”

Ma Weike is too lazy to study the stock market, futures, and that kind of financial play, which is not suitable for a reborn person like him with a large amount of money.

As we all know, the traditional financial market is mainly a game. And Ma Wei's big money, if it is easy to enter the market, it will definitely become food for the inherent interests.

Even if he knew where the stock price was going, it wouldn't be of much use. Unless you only buy hundreds of thousands, millions of dollars to play, it may not attract attention. Once too much capital is invested, it is likely that the butterfly effect will change the future trend of the stock market.

In this way, the memories of his previous life will be of no use. Instead, it will become a stumbling block for him, and he will end up pitting himself.

"Virtual currency, Bitcoin? Mr. Mavi, you ...... What are you talking about?" Rao is Anna Cyrus, the daughter of Goldman Sachs, who is very unfamiliar with the virtual currency that Ma Wei said. The monetary knowledge she learned was limited to monetary policy, the relationship between money and finance, and so on.

I've never heard of what virtual currency is.

"The Bitcoin I just talked about, it is a virtual cryptocurrency in the form of P2P. It uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptography to ensure the security of all aspects of currency circulation. ”

"The decentralized nature of P2P and the algorithm itself can ensure that the value of the currency cannot be artificially manipulated by creating a large number of bitcoins. Cryptography-based design allows bitcoins to only be transferred or paid for by the real owner. This also ensures the anonymity of currency ownership and circulation......"

Based on the memories of his previous life, Ma Wei directly explained the concept of virtual currency to Anna.

However, when he said these words reached Anna's ears, she was like listening to a book from heaven, and she didn't know what Ma Wei was talking about. But it's a little unclear.

"That's... Mr. Ma Wei, that is to say, the virtual currency that you are going to develop, Bitcoin, is specifically used for online payment? And the currency is generated, not by the state in the traditional sense, but through a series of complex calculations, resulting in the currency?"

It took a long time for Anna to understand some concepts about Bitcoin from Ma Wei's words. I have to say that the concept of Ma Wei is really novel.

"That's pretty much it, Miss Anna. Ma Wei, in fact, only knows a general concept. Some specific details, such as the operation method that cannot be cracked by the outside world, even if it is cracked, it needs to meet certain circumstances in order to produce currency. All of this needs to be done by professionals, and Ma Wei is just coming up with such a fresh idea.

"So Mr. Mavi, how do you make sure that the bitcoin you are talking about is accepted and used by people all over the world?" Anna Cyrus gradually became interested in Mavi's virtual currency.

Intuition told her that what kind of bitcoin currency is this, if it can really set off a frenzy in the financial market. However, reason reminds itself that everything that is so-called new will be checked and balanced by conservatives, and resisted.

How to occupy a place, that is very important. Sometimes, it takes more thought than the idea itself.

Ma Wei tasted the pork curry he had missed for a long time, and he was in a good mood. So patiently, he explained slightly, "Bitcoin, which can be said to be the world's first decentralized digital currency, is a digital currency that can be transmitted through the Internet. ”

"Bitcoin has a lot of advantages over other currencies. Bitcoin can transfer money from one person to another directly over the internet without having to go through a bank or any intermediary, which means you can save on fees. It also saves a lot of regulatory steps. ”

Ma Wei's so-called omission of supervision made Anna Cyrus, who was sitting in front of her, instinctively associate with the stock market, financial products, and money laundering.

Money laundering is an act of legalizing illegal gains, which mainly refers to the use of illegal gains and the proceeds generated by them to disguise and conceal their source and nature through various means, so as to make them legal in form.

This phenomenon is especially common in the stock market. Some investors buy stocks without keeping a record of their earnings, even if they know it's falling, and they don't hesitate to buy it. Behind it, it is often because the source of the funds is unknown, and they are anxious to legalize it, so as not to be traced.

"Mr. Mavi, according to what you mean, that is, this bitcoin can be used in any country. Even the user's account will not be frozen, and there are no conditions or restrictions on using it?" Anna Cyrus asked, her eyes shining.

This unique monetary system is truly unprecedented. Maybe it will be chased and popular by the capital market in the future.

After all, many of the investor's investments, some of which are very blind. For example, the Dutch tulip bubble was a typical speculative activity.

It is also a good illustration of people's fanatical pursuit of wealth, the herd effect, the complete loss of rationality, the eventual bursting of the bubble and the bankruptcy of millions of people......

"Pretty much, Miss Anna. I'm glad you had this lunch with me. "The half-hour lunch time ended quickly in the exchange between the two sides.

This makes Anna Cyrus, who has just become interested in Bitcoin, always feel that there is still something unfinished.

The $2.25 million lunch, after someone finally said the virtual currency, made Anna feel that the money seemed to be spent unjustly. At least for now, there are no other investment banks involved in the business opportunities in front of her. Only themselves and the founders.

This also means that once Bitcoin is listed and circulated, it will gradually be accepted by the world. Then the initial price is likely to be the lowest price in the history of Bitcoin. How to grasp it, or how to operate it, will need someone to guide you.

Maybe there's a huge business opportunity here.

"Mr. Mavi, I'm also glad to have this lunch with you. To tell you the truth, today is my first time here. If you can, can you show me around? I heard that the first mansion in Shangyuan, Aster No. 1, is also a ...... of your group."

(End of chapter)