Great Power Industry: You're a private company building an aircraft carrier?
Chapter 1257, The Blind Box Opened at the 315 Gala
03, April 3.
"Dear viewers, welcome to tonight's 315 Gala. Since its inception in 91, our 315 Gala has exposed countless consumer traps, rectified market order, and made outstanding contributions to creating a positive market environment. This year, the theme of our 315 Gala is to purify the consumer environment and improve the quality of consumption..."
The annual 315 Gala has begun again. In recent years, the gala has been quite high-quality, daring to report on things like death flashing, and targeting large enterprises and multinational corporations.
What kind of surprises will this year's 315 Gala reveal?
"We have noticed that in just a few months, Bitcoin has become a highly watched currency in the capital market. It is issued and used on the internet, and it is free from government control, as if it were a kind of spontaneous private currency. For this reason, we interviewed Professor Li from the Central University of Finance and Economics. Now please watch our video."
The video switched to show a middle-aged professor sitting at his desk with rows of bookshelves behind him, looking very scholarly.
"Hello everyone, I am Li Zhengming." Professor Li introduced himself first, and then got to the point: "Since the emergence of Bitcoin, I have conducted in-depth research. On the surface, this currency appears to emerge from the Internet and has a fixed issuance, which can avoid phenomena such as excessive government money printing. However, looking at the characteristics of Bitcoin mining, we can see that it is very unfriendly to newcomers."
"This currency is based on a certain algorithm. The further you go, the harder it is to mine. It requires more large computers to perform meaningless calculations to obtain some new blocks and mine new Bitcoins from them. This method wastes a lot of electricity and computing power. Even if the value of Bitcoin is skyrocketing, this kind of mining will still be profitable. However, it does not benefit our society and economic development in the slightest."
"Let's look at the use of Bitcoin. It can bypass the regulation of central banks around the world, so it is inherently suitable for various illegal and criminal activities, such as buying and selling weapons, white powder, money laundering, etc. The first users of Bitcoin were almost all in these fields. It can be said that it is a currency specifically designed for dirty work."
"Now, with the skyrocketing price of Bitcoin, we can see that many organizations are speculating on this currency. Here, I solemnly remind everyone that Bitcoin is different from futures, stocks, and real estate. It has no real value. Rashly speculating on this currency can easily make you the last one holding the bag in a game of musical chairs..."
"Okay, thank you for the introduction, Professor Li. Next, let's connect with the president of Dongfang Renmin Bank and see what he has to say."
"Dear viewers, in order to ensure the healthy and stable development of our financial order, I hereby declare that Bitcoin is an illegal currency and will not be allowed to circulate in mainland China. Its use, resale, and possession are all illegal activities! We will severely crack down on all activities starting from mining..."
Laiyang Group, Headquarters.
Max stared at the television screen, his face filled with resentment: "President Qin, even if the higher-ups don't support it, there's no need to oppose it like this. Bitcoin is incredibly popular globally, its value has already risen to several hundred dollars, and it will soon break a thousand. In the East..."
“Max, this is our bottom line,” Qin Chuan said. “You know what Bitcoin is all about. It’s used to plunder wealth from all over the world. It can be used anywhere in the world without any problem, except… in the East. We will absolutely not tolerate capital reaping our wealth. You… should understand, right?”
The program was still playing on the television.
"At the same time, we have also noticed the huge demand for electronic currency online. Therefore, we are developing a digital currency based on the RMB. This currency can circulate anywhere in the world, will become the official currency of the East, will have the same legal effect as paper money, and can be exchanged one-to-one at any time..."
In response to the emergence of Bitcoin, the Eastern government's strategy is to issue a digital currency based on the RMB!
Max's eyes widened: "Qin, this will have a certain impact on our Bitcoin..."
"I don't think it will have much impact. Westerners love to fan the flames. What we in the East oppose, they will definitely support. They will always go against us. So... I think there will be countless people in the West who will chase after Bitcoin and push up its value wave after wave. Hundreds or thousands of dollars are just the beginning. In the future, one Bitcoin can be exchanged for millions of dollars. So... those of us at Starship Company who hold Bitcoin should not be tempted by the current benefits."
Max took a deep breath. This currency value... who would believe it?
The television broadcast continued: "This currency will be launched within three years..."
Qin Chuan was speechless. Sure enough, just as he had guessed, it was easy to get them to ban something, but very difficult to get them to follow suit and develop something. Three years... it would be too late!
It seems that in order to help the development of industries such as online shopping, we need to develop our own related product, connect with various banks, and form a unified online currency...
dong dong!
Qin Chuan looked towards the door: "Old Ni, come in quickly!"
"President Qin, I'm here to report on my work," said Mr. Ni. "Since the Bitcoin craze, our Loongson hardware has once again become highly sought after globally! Right now, our graphics card shipments are frighteningly high! Twenty times higher than before Bitcoin appeared, and orders are already booked until next year!"
We used to worry about hardware surplus, but now it seems that was all unfounded. If there is a surplus of hardware, then we should find a way to consume it, so that the supply of hardware will continue to fall short of demand!
"Okay, next, we will publicly announce that we are responding to the call of the 315 Gala and will refuse any organization in the world from using our hardware for mining. We will also make restrictions on the hardware to prohibit any company or individual from using our hardware for mining."
Old Ni was taken aback.
Mr. Qin, the whole point of this project was to consume hardware. Now, the world is experiencing a mining craze, and you actually want us to abandon this project and restrict it through hardware?
Seeing the puzzled look in Old Ni's eyes, Qin Chuan smiled and said, "Old Ni, we officials need to make a statement, and then... other companies will crack it! Yes, the scalpers also need to organize themselves. Rather than letting those middlemen profit from the remaining value, we might as well do it ourselves!"
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