Chapter 089: Arbitrage
Originally, Wang Fang was not interested in the online education market, but then it suddenly occurred to him that this system could also be used in training and education blockchain technology, which could make his gold chain develop more rapidly, so it became an imperative project.
Hum Ha II General thought that his project had impressed Lao Wang, and he was very happy, and in terms of the number of dragon slaying points released to the developers, they felt a huge surging momentum.
At this time, the two generals both felt that this impossible project to sell - the Maker Youth Hostel, a large number of developers settled here, waiting for new projects to come to them at any time, as long as the points are given more, a large number of people will join the "Human Brain Cloud" node.
This project is so easy to use, so Boss Wang has sent people to build a coverage network in the second-tier cities and above across the country to gather young talents from all over the country.
However, this time, Wang Zhan's development of online education will take the international route at the beginning, using English as the official language, because his main purpose is to promote new blockchain technology internationally, and there has never been such a boss who is willing to invest so much money in open source projects.
Blockchain pays attention to decentralization, but Wang Fang's optimized system is semi-decentralized, taking into account distribution and speed, in the words of foreign developers, it is "five times better" than the original Bitcoin.
An American team has developed a version of Bitcoin based on gold chain technology called Bit Gold, which brings its own dry food. Finally, Wang Fang came to a person who brought his own dry food, Wang Fang was very happy, endorsed their project, and spent 10 million US dollars to gradually buy bit gold, which suddenly increased the market value of this new currency to hundreds of millions of US dollars, which made Wang Fang have the illusion that he could make a lot of money by speculating on bit gold.
100 million, which has reached one-60th of Bitcoin, and the speed of development is even more terrifying.
In fact, with only this 100 million US dollars, his small blockchain international settlement system can be established, which used to be difficult to have the endorsement of a trustworthy financial institution, which is why he is eager to buy Lloyds Bank shares from the British government.
Many people can't figure out which foreign exchange purchase channel is reliable for a long time, so his team has launched an app to compare the costs of various channels, so that users can see at a glance where their unjust money is spent.
Of course, for foreign exchange control countries, special measures are also needed, such as: through the legal sale of travel insurance to arbitrage foreign exchange, you buy insurance in China, in fact, you buy foreign exchange, after going abroad, you can directly obtain foreign currency from the insured amount, completely free from the official exchange channels.
This is still easy to be found by the regulatory authorities, and many institutions are engaged in it, so Boss Wang has a more unique job here, through guò with hotels, exhibition halls, attractions and other qiē tourism, business-related departments to obtain coupons, through the intrinsic value of coupons to wash away the dust of unofficial foreign exchange purchase channels.
In short, as long as you allow international economic activity, it is impossible to really control the exchange business, which is what economists call the "real exchange rate", and the specified exchange rate like the Soviet Union and North Korea can be realized, because your economy is not large enough and there are not enough types.
At present, there are many tariff-free commodities between international trade, as long as these goods are used to hedge the exchange rate, needless to say, it is also a leveraged tax avoidance arbitrary door. Lloyd doesn't even need to do the insurance himself, he can just work with the insurance companies that have already done business.
Therefore, as long as your blockchain can indeed greatly reduce transaction fees, and your mind is flexible enough, the financial business can also be developed silently.
That's why after Wang Fang took charge of Lloyd's insurance business, the business of the department was booming, and laymen had no idea how he operated it.
He seems to have discovered some kind of gold mine, and it seems that he has great potential to arbitrage in international trade, where economic activities are frequently regulated and frequently regulated.
In the future, if he wants to make a name for himself in Lloyd and seize power justifiably, I am afraid he will have to rely on this path.
So when he first went to London to attend the president's meeting, when he was asked "Who are you" by Lenin's guard-like security guards, he could say domineeringly: "I am your boss." ”
And the buildings that enter the City Street in casual clothes look like the bosses of Silicon Valley, not the City of London.
At the meeting, he saw the stunning Yanma for the first time, and he couldn't help but think of his rouge Yanma that had been smashed into scrap metal. Sure enough, if you don't die, there will be a blessing.
Surprisingly, he found that he could fully understand the British English of these foreigners, and sure enough, he grew up watching the BBC.
Lloyd's insurance business is very peculiar and is not directly operated, so it is also called "Lloyd's Insurance Society", which is actually an insurance consortium of individual legal persons and institutions, but Lloyd's signs the contract on his behalf, so it is impossible for him to go bankrupt, at most it involves the bankruptcy of institutions involved in specific businesses.
The entry-level participation standard for an individual is only £100,000, but it needs to be reviewed by Lloyd, and it also involves the creditworthiness, morality, social status of the insurer, etc. As a major shareholder, Wang Fang inherited a seat on the board of directors of the British government and is certainly eligible to participate in the insurance market.
Therefore, this kind of structure can stimulate the fighting spirit of insurers, many huge insurance policies in the world are undertaken by Lloyd, and other direct business insurance companies dare not insure Lloyd's gods dare, and because of this, Wang Fang participates in the insurance market, mainly responsible for his own business, not responsible for the company.
So he didn't care much about how much his Lloyd's shares were, at the beginning, because of his reputation for innovation, Lloyd's shares rose sharply, he took the opportunity to sell a lot of shares, the market found that he was selling shares, and the stock fell again, but he took the opportunity to buy back, so he found that the property of 1.9 billion US dollars actually became 2.1 billion, and the shares he held were still 15%, and the board seat was still leveraged.
There was confusion in the board of directors whether he was a host or a guest, but everyone saw that his insurance business was thriving.
This time, he attended the meeting just to get a preliminary understanding of the company's operation, because the company was too big, he was a little dizzy for a while, so he rarely spoke.
This time I came to London, mainly to learn about the art market, which is another big person who circumvents financial control arbitrage, people like Lao Wang, only care about what kind of art can be reliably arbitraged, artistic or something, just take a look.
Those who don't know how to do it still think that Boss Wang is rich and elegant.
He is thinking about using the "arbitrage chain", where the buyer and seller actually collude, and the price of an item can be speculated up, but the transaction is not completed, avoiding VAT. In the UK, the export of art is duty-free, with 5% on imports and then returned, which is equivalent to full exemption. These mysterious factors also contribute to why the UK has become the world's financial center.
In China, the circulation of art is difficult because of the high transaction costs, which can reach more than 70%, but in such a bad environment, China still surpassed the United States in 2011 to become the world's largest art market. Why is that? Think about it, you know? As for China's local tyrants like Boss Wang, can they still be expected to understand "art"?
The big players who can play art are all playing finance and arbitrage.
Therefore, as Wang expected, the real property rights of the artwork are actually very confusing, and many collectors themselves do not know whether this thing is mine or not.
In this chain of arbitrage, there is also an additional profit, that is, in the auction process, there are really players who pay a lot of money to buy, which is why not.
Those TV viewers who like to watch treasure appreciation programs have accidentally become leeks for arbitrage players, and Boss Wang's ambition is just to become a vegetable farmer.
Those artists who have struggled for their lives, because they rely on their works to speak, hehe, in fact, it is just a link in the arbitrage chain, the big players say that you are valuable, you are valuable, ignore you, you are worthless, and sleep in the open.
When Boss Wang admired the paintings in the gallery, he always felt awkward everywhere, and he couldn't observe the works well anymore, as if he couldn't do anything wrong, and the big players had to train their own customers.
Suddenly there was one more person around, Yiren, a beautiful woman, just by looking at the side face, you could feel that she was bright and radiant.
is still a Chinese girl, after peeking twice, Boss Wang is pretending to continue to enjoy the landscape painting, considering whether to strike up a conversation.
However, it was incredible that he found that this beautiful woman actually squinted and peeked at him. Interesting.
"It's a good drawing." He said in Chinese, no, nonsense, he couldn't see anything good, and what he was forced to say was - it seemed that the painting was quite laborious, and there was no merit and a sense of hard work and fatigue.
Hehe, the sister paper turned around, and when she saw it, Wang Fang was stunned, she was indeed a big beauty, but ...... This beauty seems to have been seen somewhere.
"Autumn ...... Yixin. Wang Zhen finally remembered that this is Begonia's cousin, and Begonia, who has always been going to be his matchmaker, has said twice that he wants to introduce their family, which is used to be the woman who is dedicated to Su Daji to the king.
"Huh? Do you know my name? Qiu Yixin blinked her big innocent eyes.
Feign! You continue to load.
However, it seems that this fascinated Daji's acting skills are quite good, and he even wants to cover up such an obvious lie, so that he is rational to tell him that she is deliberately here to meet her, but her eyes tell him that this is really a coincidence.
"Uh, the beauty of the Qiu family, who doesn't know? What a coincidence! Wang Bang decided to help her round up this lie.