Chapter 172: Chen Chumo teaches you to play with asset transfer

"With the legal status of the government, it is not difficult for the pornography, gambling and drug industry to accept the use of Bitcoin. The influx of large sums of black gold will also inevitably promote the price of virtual currency, and the rise in the price of bitcoin will also allow more ordinary people to buy virtual currency to invest in value preservation, which is indeed a way to ensure the value of bitcoin for a long time. Li Dingbo said.

"After the layout of DGC, once the legalization of bitcoin in Germany, the United States and Japan, the price will also rise, and through a large number of bitcoin transactions, domestic banks will continue to absorb large sums of money. In this case, Germany, the United States and Japan have benefited greatly, but for the capital-draining countries, it is theft. Where there is exploitation, there is resistance, and the government banks of the countries where the capital is drained will definitely formulate corresponding regulations to restrict the trading of virtual currencies, and in the end, the price of bitcoin has to be supported by the pornography, gambling, drug industry and some black industries. However, the black gold industry is limited, and I am afraid that it cannot support the high price of bitcoin. Li Dingbo continued.

"Liu Liu predicted that the future price of Bitcoin would be more expensive than diamonds, and it was because I believed his statement that I devoted myself to the virtual currency industry. Dingbo: How high do you think the black gold industry can support the price of Bitcoin? Chen Chumo asked.

"Of course, the black gold owners are willing to use bearer bitcoin to cash out in the world's major developed countries, the whole world is now anti-money laundering, anti-drugs, any transfer of funds in the bank is monitored, and the black gold industry can only use cash for bulk trading transactions, how do you deal with these unsolicited cash? In my opinion, it is impossible to deal with it at all, so the black gold industry is very limited in the price of supporting Bitcoin. The price of a single coin is currently close to $300, and as more and more bitcoins are mined, I think it won't be long before the price will come back down and get farther and farther away from your expectations. Li Dingbo said.

"What if I told you you you can avoid the surveillance of the black industry's big cash? Now that there is frequent trade between countries around the world, they only need to find a few foreign trade import companies to increase the trade amount on the basis of the price of goods, and calculate the transaction price of bitcoin together. In this way, it can not only promote the foreign trade of Germany, Japan and the United States, but also absorb black gold from all over the world, killing two birds with one stone. Chen Chumo said.

Hiss! There is also this kind of operation, Li Dingbo has never heard of it, and he is secretly surprised! With such a blinding plan, the price of Bitcoin will definitely rise to a new level, and diamonds are just around the corner.

"Black gold owners can transfer their wealth through imports or through exports, and they just need to keep the price down and let the buyer use Bitcoin as a price difference. Although it seems that the export does not make money or loses money on the trading books, the transfer of assets has been secretly realized. Chen Chumo said again.

Nima, since this move is available to the black gold masters, entrepreneurs from all over the world can also use it! There are many foreign trade enterprises in Huaxia, and many foreign trade businesses are done at a loss, after Chen Chumo said this, Li Dingbo is very suspicious that these business owners are also transferred out of capital!

"Your plan is well-planned and effective, the black gold industry is huge, and the major foreign trade countries will also support it, but why has the price of Bitcoin not received its due price so far?" Li Dingbo asked.

"Because it's not time yet, we need time to lower the price of Bitcoin to make a more detailed layout, and strive to let the world really see the value and charm of virtual currency in 3-5 years! This year is a pivotal year for us, striving for Germany, the United States, and Japan, three developed powers, to be the first countries to legalize Bitcoin on their own. Chen Chumo said.

"Chu Mo, you invited me to be the new president of DGC in order to cooperate with Liu Liu's layout of the virtual currency market in the next few years, right?" Li Dingbo asked.

"Exactly. Coins have two sides, Liu Liu is responsible for the dark side of dealing with black gold, and you are responsible for the bright side of government and finance. It's only January 2013, and at the current pace, 80% of the total amount of bitcoin will be mined by 2018, and we must complete the set layout tasks before then. Then it will take about five years to push the price of bitcoin with all its might, and then gradually reduce the virtual coin. Chen Chumo said.

According to the United Nations, Peru, Colombia and Bolivia account for more than 98% of the global total. Colombia, Bolivia and Peru are home to 1.5 million people involved in drug production and smuggling, and the region is known as the 'Silver Triangle', with drug syndicates earning $350 billion a year. Once the drug trade and bitcoin circulation channels are opened, the price of a single bitcoin is likely to rise to more than $10,000, the real diamond price!

Americans account for 4.5 percent of the world's population, but they consume more than 50 percent of the world's drugs, and American drug capitalists earn more than $200 billion a year from drug trafficking, second only to the more than $300 billion embezzled by the US military payrolls. With such a large black gold market, there are huge business opportunities for Bitcoin trading. Of course, the danger and difficulty of commercial development here are very great, and it takes a person with brains to spend a few years patiently developing the market of virtual currency.

"The prospects are broad, there are still more than 100 years before all the bitcoin currencies are mined, and it is not a good plan to reduce holdings, and I think that when the time comes, we can introduce more cooperative countries, not limited to the three developed countries of Germany, Japan and the United States." Li Dingbo said.

After listening to Chen Chumo's explanation, Li Dingbo believes that Bitcoin has the potential to become the king of currencies in the world, and the market price will reach a staggering million US dollars. DGC, which owns 80% of Bitcoin, will become a super-level company worth tens of trillions of dollars, and if it is listed, it will be a cosmic financial giant company with a quarium of trillions of dollars before and since!

"Germany, Japan and the United States are leading the way among many developed countries, but the countries behind them have been catching up, and many countries will catch up with them in 30-50 years. As a blood-sucking tool for Germany, Japan and the United States, Bitcoin is likely to be used by other countries to bleed them at that time. In order to avoid this from happening, I estimate that in 20-30 years, Germany, Japan, the United States, and potential powers will come together to distribute for the common good, develop a new electronic currency to replace Bitcoin, and reshape the world's financial order with a new currency. Bitcoin, as the first currency to try to reshape the world's financial order, will be retired from the stage of history. Chen Chumo said.

"20-30 years new money will come out? What if they didn't clean it up before they could develop a new currency? 80% is a lot, and it's a lot of loss if you smash it in your hands. Li Dingbo asked.

"It's not a big loss, it's just a little less at most. When I say that Bitcoin has withdrawn from the stage of history, it does not mean that it will withdraw from the currency market, it will continue to be used, but it will not be able to circulate as a mainstream currency, and it will gradually become a low-cost and small-amount currency. Chen Chumo said.

Boom and bust, DGC holds too many bitcoins, Li Dingbo is worried that the company's reduction speed cannot keep up with the decline in currency prices.

"In addition, there is no need to worry about the rapid decline in the price of the currency. For the value-added of Bitcoin, in addition to using the black gold industry, we also have a white road in the layout, which will allow more people to participate in the transaction of Bitcoin. Chen Chumo added.

The more people participate in the transaction of Bitcoin, the value of virtual currency has been widely recognized, and the price of the currency will naturally rise.

"White Dao? In addition to pushing the governments of Germany, Japan, and the United States to recognize the legal status of Bitcoin, is there a white way to go in other countries? If this is the case, then the price of bitcoin is very likely to be realized, not to mention that the price of bitcoin will exceed $10,000, even if the unit price of $350,000 will be realized. Li Dingbo was once again amazed by Chen Chumo's precise layout.

"With the support of black gold alone, Bitcoin can break through the price of $50,000, and if there is a white road to attract more ordinary people to invest in Bitcoin, the price is conservatively estimated to be more than $100,000." Chen Chumo said.

Chen Chumo and Liu Liu plan to keep Bitcoin at a price of $100,000 for a long time after 2023-2025, when DGC can cash out more than a trillion dollars in astronomical funds.

"How much have you invested in the Bitcoin industry so far?" Li Dingbo asked.

He had already asked Chen Chumo this question just now, but after listening to Chen Chumo's turbulent remarks, he realized that Chen Chumo was really secretly planning this great cause of epoch-making significance. Such a big matter, but Chen Chumo said it so concisely and clearly, Li Dingbo was skeptical for a while, and had to confirm the authenticity of this matter to Chen Chumo again.

"To date, more than $40 billion has been invested in Bitcoin. DGC invested $8 billion, personally invested $5 billion in TSMC and Hanneng Film, and then used this part of the assets to lend another $13 billion to the bank, totaling $260. I also took out a mortgage on the investment in China, which is 15 billion US dollars. In addition, I took out $3 billion, which was converted into 4 billion investments using leverage, for a total of $45 billion. Chen Chumo said.

Huaxia's investment was the money earned in compound interest real estate before, and Chen Chumo invested in Huaxia's three major real estate developers, Jiangsu Pharmaceutical Factory, and Beijing Entertainment Company, and this part was mortgaged by Chen Chumo to several large banks and investment institutions, bringing in 15 billion US dollars.

The remaining 3 billion cash was the cost that Chen Chumo had previously funded Jiang Fangzheng to build a mercenary base, and the mortgage he took back became 6 billion US dollars, 4 billion was used for layout investment, and the remaining 2 billion was returned to Jiang Fangzheng's mercenary group.