Virtual currency.
Dimon pondered for a moment.
"Does this virtual currency have certain constraints. For example, in real money, it used to be the silver standard, which depends on the country''s silver dollar to print. Then came the gold standard, which depended on the country''s total gold. Up to now, it is the credit system. Before national printing, it no longer depends on gold and silver, but according to the national credit line. Therefore, in theory, the state can print money in unlimited quantities. But if there are no restrictions at all, the money in this country will be worthless. " Damon said.
Everyone loves money in the financial world.
But in fact, money itself has no value.
Money itself is a piece of paper.
In itself, it has no value.
Because the government printing money has credit value, the money printed by it is valuable.
Therefore, the credit value of each country and the comprehensive national strength of each country are a constraint on the banknotes they print.
In terms of network, if there is no restriction, this virtual currency is a piece of code. You can have as much as you want. No matter how hyped, it is worthless.
In itself, it will be worthless.
In this case, no matter how 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. No more. Only 21 million! " Qin Feng said.
"What do you mean?" Damon is a little confused.
"In short, every bill has a unique crown number, right?" Qin Feng said.
Damon nodded.
Each note is unique and cannot overlap.
Once it overlaps, it is counterfeit money.
Of course, there are extremely rare cases of official printing errors. This is extremely rare. Examples can be inappropriate.
"The virtual currency we designed uses a set of equations to give a unique number to an electronic currency. At the beginning of the design, there were only 21 million equations. " Qin Feng said, "then, solve the problem through specific complex calculation formulas. When you untie it, you get this group of crown numbers and you get an electronic currency. "
Now, Damon understands.
When you understand, your eyes begin to shine.
Because of the scarcity of money, there are 21 million pieces in total, and everyone can calculate and obtain them. This is a hype space.
"However, it is not so easy to let the outside world accept it." Damon said.
Qin Feng nodded.
I have worked hard for digital music copyright. Up to now, none of the five major record companies have given it to me.
Under the limitations of the times, it is difficult to develop things that cross the times.
Twenty years later, we are used to it. But now, it''s not that easy.
This is not because people are stupid, but because of people''s habits.
Just like, the domestic has been using WeChat to pay, Alipay to pay. If, apart from personal and personal transfer, apple payment or Google payment is more convenient, how many people use it?
In fact, this method of payment is used all over the world. Directly bind the credit card or bank card to the mobile phone. Then when you pay, just brush your mobile phone at the POS.
Just pass the mobile phone security verification and brush it directly. No software at all.
For example, fingerprint mobile phone, that is, put the fingerprint on it, and then close to the POS machine, the payment will be successful.
If it''s a face, brush it and get close to the POS.
This payment method is undoubtedly very convenient when there is a POS machine. Don''t open the software, scan each other''s codes. Moreover, any POS machine in the world supports it, and you can pay without a network.
However, how many people use it in China?
Even if someone says it, it''s very convenient. But not many people use it. This is the result of habit.
In addition, for foreign countries, it has been said that it is still a very traditional payment method. In fact, this is also a misjudgment. This is also due to habit.
People''s habits are terrible. The acceptance of new things is very slow.
Therefore, it is difficult to promote e-money.
"That''s why I''m looking for you!" Qin Feng said with a smile.
"But at present, I don''t have much money to support you." Qin Feng frowned, "well, after a while, I''ll find a way to get you 10 million first."
The stock market is getting crazier and crazier.
Qin Feng feels that the stocks he wants to wait for are going public.
During this period, many technology stocks have also been listed.
The rise is good. But Qin Feng didn''t do it.
The reason is simple. If you sell frequently and make money every time, it will certainly attract the attention of the CSRC.
Then, how can you explain it? You can make money every time.
Of course, the other party can''t do anything about himself without evidence. However, the other party can terminate its own transaction, that is, not allow itself to trade.
That''s not good.
Therefore, Qin Feng has been very low-key and has been waiting for opportunities.
Now, it''s time to seize the opportunity and make a lot of money.
After all, there are too many places to spend money.
Of course, Qin Feng can also finance from domestic banks.
The four lines are very rich.
Very rich.
However, Qin Feng didn''t want to borrow money from the four major banks.
It has borrowed 70 billion, and if you borrow again, it will be hundreds of billions.
At that time, once boss Ming retires and they force themselves to pay back the money, they will be poor in an instant.
Therefore, Qin Feng tried not to borrow money from the four major banks now. Everything depends on yourself.
Boss Yan doesn''t find himself to launder money, which is enough to explain many problems.
Although it is said that there are reasons for boss Ming, it is also thought-provoking to go deep behind it.
"10 million!" Damon looked strange.
"What''s the matter? Not enough? " Qin Feng was surprised.
"No, no, not enough, but too much." Damon waved his hand again and again, "boss, I really doubt that you have a mine in your house! Otherwise, how could it be $10 million! "
Damon really admired Qin Feng''s courage.
In order to hype this virtual currency, they often 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 luxury houses is just tens of millions. Or the one with a huge floor area.
Now Qin Feng often takes it out. It''s too scary.
It''s really a little scary.
"But, boss, I think, according to what you said, you can''t get this virtual currency casually. Whoever it is needs to solve this equation. In this case, doesn''t it mean that you have to solve the equation to get money. It doesn''t seem cost-effective for you to invest $10 million! " Damon wondered.
Damon really doesn''t know how Qin Feng can earn so much money.