God-level Trader of Rebirth

Chapter 457 Going to the Dollar Storm

Chapter 457 Going to the Dollar Storm

During the internal testing period of the virtual world, Infinite Company decided to purchase gold coins, which could only be paid in euros and renminbi.

In other words, if a player is in the United States and only has U.S. dollars in his hand, he must go to the bank and sell the U.S. dollars in his hand to a bank or other exchange agency at the day's price to buy euros (the RMB has not yet been fully circulated and only became a currency in 2017). International currency.)
After that, use the Euro account to pay the bill through electronic transactions and buy gold coins in the virtual world.

There is one more procedure every time, which is very troublesome.

Therefore, some die-hard gamers exchange a certain amount of euros at one time as a special fund reserve for future purchases of gold coins.

To an individual, it is just a bank account.

But for the country, this is foreign exchange reserves.

Although the total amount of funds between individuals and countries is very different and incomparable, their essence is the same, and they all have special accounts used to pay in different currencies.

When the virtual world was first launched, this hard-and-fast rule had little impact.

Even if there are 1000 million users, and they are all paying users, spending [-] euros a month is only [-] million euros. The effect it produces can be almost ignored in the huge capital flow of billions in the international economy. Excluding.

However, as all walks of life using the virtual world as a carrier enter it and carry out commercial activities, its capital flow has rapidly increased to a staggering figure.

By April 300, although the total economic income of the virtual world was only 40.00 billion euros, the daily cash flow alone had reached more than [-] billion euros, and it was still rising rapidly at a rate of [-]% per month!
300 billion euros pass hands every day. This number is really scary!
It also increases by 40.00% every month, which means that the monthly capital flow increases by 120 billion euros!

The influence of the virtual world is sweeping across the world, including more and more industries.

The number of people who are engaged in work, games, and leisure in the virtual world are also growing at a dizzying speed!
A leap indeed!
Every day that passes, you can see that the total number of citizens in the virtual world has jumped by an order of magnitude compared to yesterday.

1000 billion euros, under the influence of financial leverage, has exerted an effect of trillions of euros!
The frequency of use of the U.S. dollar is declining at a rate that surprises the U.S. government—is it necessary to retain an unpopular currency?

Just leave enough to pay your credit card bill!
The circulation scope of the euro is occupying the global trading market faster.

At the same time, since the EU is not a complete economic entity, the RMB has gradually become an open currency in circulation in Southeast Asia.

The emergence of virtual stores increased the total amount of gold coins in circulation to trillions overnight.

When people select goods in the virtual store, they need to pay the bill with gold coins, and the gold coins need to be purchased with euros or renminbi. In short, there is nothing wrong with the US dollar.
An earth-shaking situation occurred. The euro and the renminbi suddenly became people's preferred currencies for daily transactions!
Some large-scale groups held checks worth tens of millions of dollars, but were rejected by the finance department of the Virtual World Management Company - the company stipulated that only euros and renminbi would be accepted!

In real life, the place with the largest cash flow is the shopping mall.

The virtual mall only accepted euros and renminbi, which did cause trouble for many people at first, and some even boycotted it online.

But since the exchange of gold coins is completely in the hands of the management company, those virtual shopping malls have no way to accommodate them even if they want to.

People are very adaptable. If I want euros, I will exchange more euros.

In this way, the importance of the U.S. dollar in people's daily transactions quickly declined to a less important second-rate currency role.

Although in the real world, the U.S. dollar still plays an important role as the equivalent of exchange in bulk goods transactions, in the virtual world, the U.S. dollar has no place at all.

The virtual world is affecting the direction of the world economy in this way.

Chen Weidong knows that it is impossible to permanently isolate the US dollar from becoming the currency of exchange for gold coins, but he can use this as a bargaining chip to force the United States to make concessions and exchange benefits for benefits.

This casino is his decision. If you want to come to our place to play, you must also provide convenience for me to play in your place.

This is the first card dealt by Chen Weidong.

Currently, the economic scale of the virtual world accounts for only about one percent of the world's overall economic scale.

However, it is foreseeable that as the virtual world gradually penetrates into all aspects of people's lives, the scale of transactions attached to the virtual currency trading platform will surely achieve greater development.

Virtual and reality will be more closely integrated.

According to his estimation, the total economic scale of the virtual world will definitely not exceed that of the real world. Even if it reaches 50.00%, it is impossible.

But its total transaction volume, even if it only reaches 40.00% of the world economy, is already equivalent to [-]% of the total US economy!

Its radiation effect will reach a position that shakes the world economic system!

This is no bluff.

The current Virtual World Management Company has a core management team composed of Infinity Company, four European companies, Chinese, British, French, German and Italian companies.

Under it, the Virtual World Finance Department, the Education Development Department, the Entertainment Department, the Commerce Department, and other departments have been established, becoming an incomplete government agency.Legal experts from China, Britain, Germany, France, and Italy have gathered together to discuss and formulate a "Virtual World Management Charter."

To put it bluntly, it is a basic law of the virtual world.

Everyone knows that although the virtual world is based on the real world, one day, with the development of technology, it will become something close to the real world.

The earlier you gain the right to speak in this world, the sooner you will be able to make profits!
Although various systems are not yet perfect, and conflicts of interest still break out among the core layers from time to time, the embryonic form of a Eurasian coalition government has been vaguely revealed.

This core is the virtual world builders such as Infinite Corporation, as well as relevant governments, with a total of ten seats.

Chen Weidong represents Infinite Company, directly controls one seat, and indirectly controls four seats behind the scenes. Together with Hua Xia, they form an absolute majority of six to four.

From the EU's perspective, it is they who have the advantage.

Everyone is very satisfied with this distribution of benefits.

After the distribution of benefits, the demonstration effect brought by industries such as education, tourism, and commerce, there is no need for Chen Weidong and others to run around and recruit people to join. Each industry has to use its own brains to consider how to integrate the characteristics of the virtual world with its own business projects. Connect them to achieve the purpose of expanding business scale.

The commercial department under the management committee receives thousands of customers from all over the world every day and is very busy.

Only the United States is dissatisfied. Not only is it dissatisfied, it is also furious!
The host of the virtual world is built at the headquarters of Infinite Company, and all technical equipment is invested by them independently.

Britain, France, Germany and Italy are all being played by the Infinite Corporation and have no right to speak at all. Even if someone wants to bring the United States in to strengthen their momentum, they have no position to speak.

He wanted to remain neutral, but Chen Weidong refused to let them watch the fun.

Damn it, I gave you a benefit, and I brought you in just to deal with the Americans together. You don’t do anything but just take advantage?How can such a good thing happen?

He just said lightly: "I just want to emphasize that the virtual world is not a government organization, but a commercial organization, a corporate organization established for profit."

"I don't care whether the United States is allowed to join. After all, multiple countries mean multiple markets."

"However, the company is talking about shares. My shares are 30.00%, Huaxia has 15.00%, and the other companies are divided into 50.00% and five shares."

"If you are willing to give up some of your shares, I have no objection, but I will never give it up."

After saying that, he and Lin Zeju, together with all the security personnel, prepared to fly back to China.

He just wants to force the European side to take a stand and negotiate with the United States on participation matters.

If you want to join, no problem, just give up part of your equity. Anyway, I just need to hold the control.

If you want to watch the excitement from the side, no way!
He doesn't care at all whether the United States will become angry and not allow the virtual world to enter the United States.

Over the years, Infinite Company has not received any fair treatment in the United States, and the company's focus is not in the United States. Just do whatever you like!
You want to ban the virtual world, what a joke!
Wherever there is an Internet connection, you can enter the virtual world. How do you close it?

Unless they are willing to disconnect from the global network, American users can enter the virtual world from any node.

If they can really do this, don't be afraid.

When the whole world enters the virtual world, the final result will only make the United States isolate itself in the virtual world.

If you surround us in reality, I will use the economic influence of the virtual world to choke you!
Originally, according to the original plan, after he and Lin Zeju completed their affairs in Europe, they would go to the United States to find ways to promote the two pharmaceuticals developed by the biological laboratory. However, the current node is obviously not suitable. .

Therefore, he could only send someone to send the sample to John Rockefeller Sr., believing that the other party would definitely appreciate its value after testing it.

On the other hand, the domestic stock market has plummeted since reaching a peak of [-] points at the end of last year, almost halving, and is about to hit the [-]-point mark.

The outbreak of this stock market crash had a significant impact on the economy and society.

Many investors have suffered huge losses, some companies are at risk of bankruptcy, and the employment situation has also been affected.

Chen Jie called them every three days, urging them to return home quickly, which was really annoying!
April [-], [-].

Chen Weidong and the others had just landed at Baijing Airport when a long line of Hongqi cars drove directly to the runway and took him and Lin Zeju into the car.

Sitting in the car was Director Zhang, an old acquaintance, and a middle-aged man with a kind face. When he saw Chen Weidong and Lin Zeju sitting in the car, he smiled and nodded to them.

This middle-aged man Chen Weidong has never been seen before, and he looks very unfamiliar.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like