Chapter 2918: Mid-to-High-End Development Route, Blue Gold Coin
————Still about half an hour left~~
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Of course, Xia Duo also knew that once a matter is known by more than two people, it is no longer a secret. He did not intend to keep it secret for long; after all, the Grey Peak Mountains had already begun the bidding process, and fresh gold and silver ore would soon be mined.
He certainly had to fully implement credit currency in his Territory before the gold and silver produced in the Grey Peak Mountains began to circulate, and he also had to promote physical currency imprinted with the Order Force identifier to his relevant business partners and allies to cope with the currency devaluation shock caused by the increase in gold and silver.
It is not that currency will not devalue just because it is made of precious metals like gold and silver; essentially, it is an exchange voucher for other resources. Once there is more gold and silver, in reality, gold and silver become less valuable, and the relevant exchange rates will certainly fall.
However, some currencies are not purely precious metals. For example, the currency of Cormanthor actually carries Magic, making it difficult to counterfeit easily, which is the main reason why Cormanthor currency has always accounted for the bulk of the currency in circulation in the Northland.
Although Evereska has its own legal tender, the one most commonly used is still that of Cormanthor. Within Netheril, the use of Cormanthor currency is not yet widespread, but most foreign trade is still settled in Mithril or Cormanthor currency.
Nowadays, the ratio of Cormanthor Gold Coins to the gold coins of other countries is always above 1.2, sometimes rising to 1.5, and it has never fallen below 1.1!
It is conceivable that once the gold and silver from the Giant Mithril Mine in the Grey Peak Mountains are mined, the actual value of other countries' gold coins relative to Cormanthor Gold Coins will certainly fall again, specifically manifesting as a continuous increase in the purchasing power of Cormanthor Gold Coins.
Xia Duo assumes that other countries will also try to find ways to deal with this, but apart from adding Magic, there are actually no better choices; issuing widely circulated credit currency in the current era is simply too advanced.
Another reason why the demand for Adamantine in the Underdark is nearly limitless is—frequent conflicts, not just conflicts between countries, tribes, and races, but also conflicts between intelligent beings and the environment.
Compared to Cormanthor currency, the physical currency identifier that Xia Duo is currently making still has a long way to go. The Magic attached to Cormanthor currency can be used in Reality, and it can be used once every period of time.
Gold is also an Energy-Conducting Material, and its properties are to a certain extent not inferior to Mithril, but the cost of this property is dozens or even hundreds of times the amount of Mithril, which is obviously impractical.
The most important thing about credit currency is credit. Xia Duo would rather launch new features a little later than have various problems arise after the new features are launched.
Therefore, after comprehensive consideration, Xia Duo decided to use Adamantine as the main material to produce the new currency. He even thought of a name for it: Blue Gold Coin, and it will not be distinguished by colors like gold, silver, and copper, but by face value.
This type of high-end physical currency is essentially no different from the Magic-attached Cormanthor currency; it just artificially increases the value of the currency entity to counter the devaluation of precious metals.
Even if Xia Duo himself will eventually promote true credit currency in his Territory, he still needs physical currency as a carrier for the credit currency identifier for external use. Of course, this also serves as a high-end physical version of the credit currency within the Territory.
Compared to the Ming Shui Chamber of Commerce, he has a huge advantage, which is that he has mastered the technology of artificial Adamantine, and Adamantine is actually far superior to gold and silver in terms of wear resistance.
The demand for Adamantine in the Underdark is endless, and unlike Mithril, which can be recycled and reused, Adamantine is a true consumable and is very difficult to re-smelt.
But even if Adamantine equipment can resist the radiation environment, unless it is made entirely of Adamantine, the alloy will still suffer from erosion. Falling between pure Adamantine equipment and steel equipment, the repair and recasting of these pieces will also cause Adamantine loss.
In Xia Duo's own view, this can actually be considered credit currency, but in the eyes of outsiders, the value of Adamantine itself is actually still very high, equivalent to using Mithril to manufacture currency.
……
It is equivalent to a Constant Magic Item with a relatively strong effect.
Even if the Ming Shui Chamber of Commerce researches a gold-silver alloy with a suitable ratio, the essence of gold and silver is right there. Even if some kind of alloy could surpass Adamantine, the actual limit is just there, and in reality, even that level cannot be reached.
This is the only excellent Energy-Conducting Material discovered so far that achieves a balance in cost, performance, output, and many other aspects.
Given all the above, Xia Duo is not worried that the appearance of the giant mine in the Grey Peak Mountains will lead to the devaluation of Adamantine. Instead, his second Floating City is made of Adamantine, and if it is opened in the future, it might attract the attention of the Underdark.
Unless a large amount of Adamantine appears all at once to give the entire Underdark a major re-equipment, pure Adamantine equipment will still only be eligible for use by a small number of high-level individuals, while the vast majority of middle and low-level individuals can only use ordinary equipment mixed with Adamantine.
The reason lies in the special radiation environment of the Underdark, which causes extreme erosion to equipment. Even Magic Equipment will have its service life greatly reduced when used in such an environment, and for ordinary equipment, only the three metals—Adamantine, Mithril, and gold—can resist it; other iron and steel products are very difficult to exist for a long time.
This needs to wait until the new physical currency with the Order Force identifier is put into use to be determined, because currency will also generate Order Force during the circulation process, but how much it can generate and what the specific mechanism is, is still uncertain.
After staying in the Order Force Laboratory for a while, Xia Duo returned to his private Laboratory in the Tower of Time. He prepared to manufacture a batch of gold coins for subsequent experiments and future issuance.
The prices of gold and silver have fallen, so what does that have to do with my Adamantine? Although this giant Mithril Mine also produces Adamantine, and even the actual output of Adamantine in the Northland far exceeds that of Mithril, the consumption is also very large.
It is not realistic to equip everyone with Magic Equipment, and gold is too soft to be suitable for equipment (including weapons), and Mithril has other Magic uses, so only Adamantine is the most suitable.
Currently, gold is basically only used as an Energy-Conducting Material in some permanent Magic Facilities, exchanging a one-time high investment for long-term low maintenance.
And the Order Force identifier that Xia Duo made only has a marking function for the time being. It is not that it cannot have a Spell attached, it is just that it is not yet certain how much the circulation of this physical currency will reach. If the quantity is too large, the Order Force may not be able to balance its budget.
The same applies to Mithril; the Magic civilization has an endless demand for Mithril.
The exchange vouchers within Netheril are considered a type of credit currency, but the gold coins that can actually be exchanged for the vouchers of various Territories are different; that is the difference in credit.
Even if a Dwarf or Drow with great talent and bold vision unified the Underdark, the harsh environment itself is constantly breeding various risks, requiring a high state of military readiness to deal with it all.
End of Chapter
