Super Weapon Swap System

C2940 Virtual Digital Currency



C2940 Virtual Digital Currency

2Actually, Qin Guan had thought about this before. It was just like multi-level marketing, which could scare and attract people. If it was done well, it would not only be through hyping up this kind of currency to earn money. Furthermore, it could also make computer hardware run out of demand.    0

    

Other people did not have such thoughts. Now they were all looking at Qin Guan strangely, waiting for Qin Guan to introduce them. President Qin's thoughts were too scattered. They were afraid that they could not keep up with President Qin's rhythm.    

    

"Alright, let's explain first what is virtual currency." Qin Guan began to introduce.    

    

Ordinary currency was issued by the government and could be seen. It could be touched, but this virtual currency was definitely virtual. However, virtual currencies could be purchased through real currencies. This was the most important step and also the prerequisite for hyping up.    

    

"First of all, what we need to do is to design a special algorithm. We need to do a large number of calculations in order to produce this kind of virtual currency. It doesn't have a specific monetary distribution system, it is completely produced on a computer. Even this algorithm can be completely developed, it allows everyone to monitor, so it doesn't have any cheating behavior... It was not like the government, where it could be issued freely, and... The total amount of currency is determined. For example, setting a number of 21 million. "    

    

This amount cannot be too much. We must produce a scarce resource. Otherwise, how can we hype it up? Moreover, if the quantity is too little, there will always be buyers willing to be fooled.    

    

"Then, its release will be based on our P2P network. Everyone knows that in this situation, there is a point of view. This point is transmitted to the point, which means a centralized payment system. These two characteristics, a special algorithm, to centralize... It could ensure that one could not manually control the currency by producing large amounts of Bitcoin. Simply put, it was produced by a large number of calculations based on specific algorithms. The Bitcoin economy uses the distributed database formed by the numerous nodes in the entire P2P network to confirm and record all transaction activities. It also uses the design of coding science to ensure the safety of the various parts of the currency circulation."    

    

When Qin Guan said this, everyone was frowning. Only Jobs had the strongest comprehension ability. But when Qin Guan brought out these specific plans... Jobs still needed to think carefully before he could understand Qin Guan's thoughts.    

    

"Let me summarize it again. This kind of Bitcoin does not belong to any country. It is a digital currency that is controlled by any bank or financial institutions. It is formed by complex codes generated by a computer, and the new Bitcoin is created through preset programs. Anyone could participate in the creation of this Bitcoin, and they could also use the network. It was circulated around the world, sold on any computer. Furthermore, during the process of trading, no one knows who the other party is. There is a saying on our Internet: You don't know if the person sitting in front of the computer is a person or a dog."    

    

"In other words, the algorithm for this kind of Bitcoin must be quite complicated. Even if it's our Hanxin No. 5 chip, it might take a few days or even a few months to run it." Finally, President Ni spoke.    

    

If this project was brought up, Han Chip Technology Company would definitely be in charge of researching and developing it. Therefore, they had to be the first to confirm these basic ideas.    

    

If that was the case, then the global demand for computer hardware would naturally have a huge increase.    

    

"It's not exactly like that. Bitcoin is a scarce resource. In the beginning, because few people knew about it, that's why mining is very easy." Qin Guan said he would mine and then explained, "Computers are like miners, digging in the computer network. In the beginning, because there were few miners, they got the Bitcoin. They occupy a lot of resources, so the results of mining are obvious. It was very easy to obtain quite a number of Bitcoin. The further one went, the more likely they would be able to obtain more Bitcoin. More and more people knew about it, and more and more mining machines appeared. As for the remaining Bitcoin, the fewer they are, the greater the cost of mining will be. "    

    

President Ni continued to fall into meditation. They were responsible for the specific techniques. In order to achieve this effect, the procedures needed were very complicated and required superb skills.    

    

"However, this is a virtual currency after all. It has no value, so how can we get people to buy it?" Another person asked.    

    

Facing this question, Qin Guan had a smile on his face. "How did the stock market hype up? Then we can use the same method to hype up the Bitcoin."    

    

Everyone held their money and rushed to the stock market. In fact, behind them, there were countless dark hands controlling the rise and fall of the stock market. They would then gain benefits from it, needless to say, from the stock market. If there were enough funds, he could even control the finances of a country. Soros had done this before.    

    

Now, it was too easy to create hype for the Bitcoin.    

    

Because one condition was that the quantity was limited. No matter what time it was, things were always valued by rarity. There was always a way to hype it up. Furthermore, that Cui Enxi... Didn't she have nothing to do now? She could even use this woman to create hype.    

    

"This, this seems to be a scam, right?" Finally, someone in the conference room made such a sound.    

    

Wasn't this a scam?    

    

Upon hearing this question, Qin Guan chuckled and said, "Then, buying the lottery, is it gambling?"    

    

To many people, buying a lottery ticket for two dollars was like buying a lottery ticket. It might even win a big prize. However, the probability of it determined that most people invested less than the reward. Most of them lost money, and only a very small number of lucky ones... If they had cheated during the award ceremony, then ordinary people would have no chance at all.    

    

Essentially, it was no different from gambling. However, there wouldn't be any problem with buying the lottery, because it was allowed by the country.    

    

The same was true for Bitcoin. As long as all the countries in the world permitted it, wouldn't it be fine?    

    

Using real money to buy a virtual currency. Of course, this was within the scope of a scam. After all, the Bitcoin had no value at all. It even omitted the printing of banknotes. It was just a virtual number on the Internet.    

    

However, it could earn money. As long as it was hyped up, what couldn't make money? Moreover, it rose and fell many times, just that it didn't collapse, because the quantity was too small. 21 million was too little, always able to scam those who were about to enter the trap. There were many great talents in the world.    

    

This was equivalent to the upgraded version of "The Emperor's New Clothes." It was equivalent to a group of people trying to hype up the 21 million non-existent gorgeous clothes made by the two swindlers. Everyone was the emperor, and the last boy who told the truth was the little boy. It did not exist for the time being. Who said that the emperor was not wearing clothes? Who was stupid?    

    

"President Qin, this upgraded version of the Emperor's clothing will be distributed by our Apple Company." At this moment, Jobs had completely understood what was going on.    

    


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