Chapter 3241: Digital Blue Gold Coin Plan Advanced

Or to put it another way, the Northland Alliance was established by the joint decision of all the countries in the Northland; it is equivalent to everyone coming together to run a company, so the money of the Northland Alliance is effectively the money of all the Northland countries.

Using the Northland Alliance's money to subsidize the investments made by various countries for Northland security is also a matter of course.

In fact, even though the subsidies given to Xia Duo and Yierlan this time reached as high as ninety million, not a single country raised any objections, and some even deliberately went easy during the evaluation process, not completely cutting out the "water" from this ninety million.

Because those Alliance Mages responsible for the evaluation know that the evaluation standards they provide now are very likely to benefit them themselves in the future.

As for whether the Northland Alliance will face a fiscal deficit because of these subsidies, that is actually not something they need to consider too much; the two major sources of revenue currently possessed by the Northland Alliance—

The Computing Power Pool and the Giant Mithril Mine in the Grey Peak Mountains are both producing steadily, and are even continuing to rise.

What they should worry about most is not that the Alliance will run out of money, but how to reasonably and legally convert this large, continuously rising amount of public funds into their own private wealth under the supervision of various countries.

This is actually an art; it cannot be muddled through by simply inflating expenses at will. After all, it is everyone's money being spent, and no one wants to be taken advantage of by others, so the rules must be fair.

Although the quote given to Xia Duo and Yierlan this time still contains a certain amount of "water," it is already within the scope allowed by the rules, and perhaps it can even withstand re-examination and auditing.

And accordingly, with the endorsement of rules and procedures, Xia Duo is completely at ease taking that money, and he hasn't even finished planning the uses for that windfall yet.

If he can subsequently reach a cooperation with the Northland Alliance to distribute the subsidies given to each user of the Alliance Public Computing Pool in the form of Digital Blue Gold Coins, that would be the initial completion of the closed loop.

If everything proceeds smoothly subsequently, it is not impossible for it to become the only legal currency in the Northland.

The reason for advancing the schedule is mainly due to two considerations: one is that this windfall must have a destination, and it is very suitable as a reserve fund for digital currency.

For example, in order to cope with the continuous output of gold and silver from the Grey Peak Mountains, Cormanthor updated their Magic Coin, which is harder to counterfeit and lower in cost than in the past.

Especially for those small countries, their scale is right there; once gold and silver flood the market (the output of the Grey Peak Mountains is higher than the total value of the small countries), large countries might even directly buy at the bottom.

And the starting point for all of this lies in the issuance of the Digital Blue Gold Coin.

Currently, the Blue Gold Coin of the Great Xia Ling has already developed to the second stage, which is the stage of full territorial popularization and continuous output to the outside world; it is just in need of a large amount of gold and silver to forge new coins!

After all, except for the winner of the Snow Melting Competition that year (who can receive additional dividend income from the Grey Peak Mountains mineral production), no one can guarantee that their wealth will not depreciate due to the flooding of gold and silver, similar to how wealth growth on Earth cannot outrun inflation.

The Tower of Time only needs to open a small number of offices for users to top up, and these offices can actually be combined with the Void Warehouse Chamber of Commerce or other shops.

Therefore, the exchange rate between the currencies of various countries and Cormanthor currency is basically maintained at 1:1; this is the stable exchange rate brought about by the value of gold and silver themselves.

In fact, using the Ming Shui Chamber of Commerce to collect payments domestically also has costs; it is not without costs, and in this situation, digital currency appears particularly important.

Xia Duo attaches immense importance to this plan; it not only relates to his important strategy for a longer-term stage in the future, but can also be used to cope with the gold and silver depreciation caused by the continuous output of the Giant Mithril Mine in the Grey Peak Mountains. (Mithril is an associated mineral, and gold and silver output is even higher.)

And now, because the output of gold and silver from the Grey Peak Mountains continues to rise, the price of Magic Coins has also continued to rise; currently, the most exaggerated exchange rate has reached 1 Hilmeier (Cormanthor Gold Coin) exchanging for 2 Standard Gold Coins.

He does not expect to harvest the Northland by relying on the Digital Blue Gold Coin, but he also does not want his wealth to shrink significantly due to the depreciation of gold and silver; in this situation, a more stable currency must be used for Time Anchoring.

As long as his plan is excellent enough and stable enough, it might not even be necessary to wait for cooperation with the Alliance before being able to enter other countries a step ahead.

Every country wants to issue its own Magic Coin, but currency issuance is a continuous process, and the cost of Magic Coins is far higher than their face value; small countries simply cannot play this game, and issuing them rashly might just become a shortcut for others to attack.

In order to cooperate with the promotion of the Communication Mythallar, digital currency is also necessary, because the promotion of the Mythallar will inevitably be accompanied by the appearance of a large number of new paid functions.

A considerable portion of this will be used to issue the territory's official currency, the 【Blue Gold Coin】.

In this situation, even without the Digital Blue Gold Coin, various countries would likely find ways to recreate a more stable new currency.

There is an opportunity to perfect the construction of the patent barrier for the Communication Mythallar and increase the cost for Elves to counterfeit it, which allows his previously formulated plan to promote the Communication Mythallar to be implemented ahead of schedule.

But the Ming Shui Chamber of Commerce does not have such great influence abroad, and even if local partners can be found, the cost of maintaining such cooperation is not low.

And besides physical currency, Xia Duo is also preparing to try issuing digital currency, which is the balance function on the residents' Identity Cards; this was already planned before, and now it is just slightly advanced.

The Blue Gold Coin that Xia Duo discovered is actually a type of Magic Coin, but he did not use Arcane Magic to add anti-counterfeiting marks to the Blue Gold Coin, but rather used Order Force spells; the cost at the current stage can almost be ignored.

But in the past, the gold and silver output of the Northland had always been relatively stable, basically just consumption (gold and silver can also be used as magic materials, especially gold, as long as the quantity is large, its performance is even better and more stable than mithril).

User payments within Netheril can be handled at offices managed by the Tower of Time's partner, the Ming Shui Chamber of Commerce; this is not considered troublesome, as the Ming Shui Chamber of Commerce has offices in almost every slightly larger town in the country.

Another thing is the Decay Region, which for him has already become a Divine Grace refresh point; subsequently, as long as he continues to invest students or spend a little money to obtain the operator status for the Alliance Sacrifice Plan, he can obtain a large amount of Divine Grace.

Specifically, the standards for gold coins in various countries are not the same, and the actual exchange rate might be even more exaggerated; for example, the Mingshui Gold Coin issued by the Ming Shui Chamber of Commerce in Netheril takes almost 1.8 coins to exchange for 1 Hilmeier.

And in such a process, the Blue Gold Coin of the Great Xia Ling can also take advantage of the Computing Power Pool system to successfully embed itself into the financial system of the entire Northland.

The Evereska Gold Coin is also about the same exchange rate.

In the past, Cormanthor's Magic Coin had always been the Northland's common currency, and even Yierlan, which was most hostile to Cormanthor, would not refuse transactions using Cormanthor's Magic Coin.

But if he wanted to counterfeit Cormanthor's Magic Coin, that would also be very uneconomical; a simulated coin made by paying a cost far exceeding 1 gold coin could only be used as 1 gold coin—only a fool would do that.