Rebirth of England.

Chapter 802 DMIC
In Barron’s previous life, according to a report released by blockchain analysis company Chainalysis in June 2020, at least 6 million BitCs had not been touched for more than five years. Conservative estimates suggest that about 370 million BitCs will be lost forever…

For example, it lies in an abandoned hard disk in a large garbage dump. Because the price of BitC was not high at the beginning, many people did not care about saving the wallet key - the key of the BitC wallet is usually a combination of 256 numbers and letters (including uppercase and lowercase). A string of keys corresponds to a wallet address. Only by having the key corresponding to the address can the BitC in the address be transferred and other operations performed.

Or because of floods, tornadoes, typhoons, tsunamis, wars, artillery fire, etc., all the computers in their path were reduced to ashes...

Or the wallet key may be lost due to hard drive damage, computer loss, coffee spilling into a laptop, or even software deletion due to accidental operation, virus or trojan damage to data, or computer damage due to pranks...

Sometimes, I forget where I store my BitC, or even its existence...

If you lose your bank card or bank deposit certificate, you can still withdraw your deposit with your identity card; or if you forget your bank password, you can also go to the bank and ask the staff to modify it.

However, blockchain assets such as BitC have the characteristics of anonymity and immutability.

That is to say, the basis for you to hold BitC is that only you know the key of the corresponding wallet. Once you lose the key for various reasons, you will lose these BitC assets forever.

Because once the key is lost, it means it is impossible to get back BitC by modifying the blockchain record...

Therefore, these BitCs will lie in those wallet addresses forever, unable to enter circulation, and become "dead" BitCs.

Therefore, although the total amount of BitC is 2100 million (as of the end of 2020, more than 1850 million Bitcoins have been mined, and less than 250 million have not yet been put into circulation), in fact, the number of BitC that can actually be used is far less than this number. As mentioned above, at least more than 200 million BitCs have been unable to circulate forever for various reasons...

Moreover, the output of BitC is halved approximately every four years. If the performance of BitC mining machines continues to improve, it means that the cost of mining BitC is also rising (the cost of the mining machine plus the electricity lost during the mining process). This is the basic logic behind the increase in BitC prices.

Of course, the prerequisite is that this game can continue to be played - in other words, its value can be recognized by more and more people and become a consensus similar to gold.

Some people also think this is something similar to the "Tulip Scam"...

But at least until Barron was reborn, BitC did not collapse.

To change the way we think about it, if a "scam" can last for a very long time, long enough to cover your entire life...

So does it make sense to you whether it is a scam or not?
Just like the time of peace in human history is extremely short, but if you are lucky enough to spend your entire life in this short period of peace, then the topic of war does not mean much to you.

And in the final analysis, Barron's wealth does not rely on BitC. He only needs the blockchain industry derived from it to promote the development of Colo.

He is not a savior, nor does he want to be someone like Satoshi Nakamoto who has made great contributions to the development of this industry. What he wants is nothing more than what has been proven in his previous life that this industry has a certain wealth accumulation effect, and that is enough.

……

The groundbreaking ceremony for the Oriental Movie Metropolis project will not be held until next month - after all, this time the Oriental Movie Metropolis Group is preparing to make an impressive appearance, so many celebrities have been invited. Not only will many Hollywood stars come, but basically all the well-known stars in China will be present.

It can be said that their groundbreaking ceremony this time was comparable to many entertainment celebrations that followed.

Before that, Barron took Fan Bingbing and his two children and temporarily left China and went to India.

The Devonshire landed in Mumbai, and they took a motorcade to the chic Antila Building again, which is the residence of Mukesh Ambani, the richest man in India and the owner of Reliance Group. The last time Barron came here, he was invited by Mukesh to be a guest here.

After all, the two sides still have a lot of cooperation in the Indian market. Not only will United Energy Group cooperate with India's Reliance Industries Group to build the world's largest refining project at Jamnagar, India, but O2 Telecom has also formed a joint venture with Reliance Information Telecommunications Company, O2 Reliance Telecom, whose business covers India and some neighboring countries.

"Hello, Your Highness the Duke..."

"Isa, nice to see you, you look even more beautiful now."

In this mansion, Barron also met Mukesh's family, including his daughter Isha Ambani. The girl is only fifteen years old and looks like a lady.

Barron also had an impression of her in his previous life. This impression came from the overwhelming media coverage at the time. When Isha Ambani got married, Mukesh spent $1 million to hold a wedding for her and dispatched more than 30 planes to pick up guests around the world. It can be said that the show was inhumane.

After all, Mukesh has been Asia's richest man for quite a long time, and because of the sharp rise in the stocks he held in 2007, he briefly squeezed Bill Gates out of the position of the world's richest man...

At least on the surface, this is an achievement that Barron has never achieved.

"Your Highness, I wonder what you think of India? Are you optimistic about India's future development?"

After Mukesh treated Baron and his party to traditional Indian food (of course not street food, clean and hygienic...), he stood with Baron in the rooftop garden of Antila Building, overlooking the night view of Mumbai, and said to Baron.

Barron took a sip of the black tea in his cup and said with a smile:

"In the next 20 years, Asia will be the engine of global economic development. Among them, China and India are the most eye-catching. After all, whether it is a highly educated population or a vast market, India will become one of the main forces of the global economy..."

"But I have to say that compared to China, India still has some gaps."

Unlike some ordinary Indian people who are blindly confident, Mukesh can see many things very clearly given his current position.

In fact, India and China started at almost the same time. In the middle of the last century, India was stronger than China in some indicators - India's per capita income was US$619, while China's was only US$439. India's human development index was 0.163, while China's was only 0.160.

However, this gap began to widen rapidly after the 1980s. Now, India's GDP is only a quarter of China's, and the gap between the two sides is becoming more and more obvious.

“That also speaks to the potential that India has, doesn’t it?”

Hearing Baron's words, Mukesh nodded and suddenly asked:
“Have you heard of DMIC?”

“Is it the Delhi-Mumbai Industrial Corridor?”

"Yes, our Minister of Industry will soon visit Japan, and the main topic of discussion will be this plan. Are you interested in it, Your Highness?"

(End of this chapter)