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Chapter 3242: Stage Summary, Military Reform

~8 min read 1,572 words

————It will be later~~

————

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.

It is only right and proper to use the Northland Alliance's money to subsidize the investments made by each country for the security of the Northland.

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; 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 set now are highly likely to benefit them as well 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 even continuing to rise.

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

This is actually an art; it is not something that can be muddled through by just 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.

And accordingly, without the endorsement of rules and procedures, Xia Duo also takes that money with complete peace of mind; in fact, I haven't even finished planning the uses for that windfall yet.

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

The Evereska Gold Coin is also more or less at that exchange ratio.

After all, except for the winner of the Snow Melting Competition back then (who can obtain 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.

It is enough for the Tower of Time to just open a small number of offices for users to top up; these offices are actually combined with the Void Warehouse Chamber of Commerce or other shops.

Under such circumstances, even without digital Blue Gold Coins, various countries would highly likely find ways to recreate a more stable new currency.

At present, the Blue Gold Coin of the Great Xia Ling has already developed to the second stage, which is—the stage of comprehensive popularization in the Territory and continuous output to the outside world; it is just in need of a large amount of gold and silver to mint new coins!

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.

He does not expect to harvest the Northland by relying on digital Blue Gold Coins, but he also does not want his own wealth to shrink significantly due to the depreciation of gold and silver; under such circumstances, a more stable currency must be used for Time Anchoring.

It is even possible that if everything develops smoothly in the future, it could become the only legal currency of the Northland.

In fact, there is also a cost to using the Ming Shui Chamber of Commerce for collection domestically; it is not without cost. Under such circumstances, digital currency appears particularly important.

If cooperation can be reached with the Northland Alliance in the future, and the subsidies given to each user by the Alliance Public Computing Pool can be issued in the form of digital Blue Gold Coins, then the closed loop will have been initially completed.

Specifically, the standards for each country's gold coins are not the same, and the actual exchange ratio might be even more exaggerated; for example, the Mingshui Gold Coin issued by the Ming Shui Chamber of Commerce in Netheril requires almost 1.8 coins to exchange for 1 Cormanthor Gold Coin.

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.

As long as his plan is excellent enough and stable enough, perhaps he won't even need to wait for cooperation with the Alliance to enter other countries first.

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

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

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

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 troublesome, as the Ming Shui Chamber of Commerce has offices in almost every slightly larger town in the country.

But in the past, the gold and silver production in the Northland had always been relatively stable, basically matching the consumption volume (gold and silver can also be used as magic materials; basically, as long as the quantity is large, the performance is even better and more stable than Mithril).

But if he wanted to counterfeit Cormanthor Magic Coins, that would also be very uneconomical; making a simulated coin with a cost far exceeding 1 gold coin only to use it as 1 gold coin—only a fool would do that.

Although the quote given to Xia Duo and Yierlan this time still has some "water" in it, it is already within the range allowed by the rules, and perhaps it can withstand re-examination and auditing.

And the starting point for all of this lies in the issuance of digital Blue Gold Coins.

There will be an opportunity to perfect the construction of the patent barrier for the Communication Mythallar and increase the cost for Elves to counterfeit it; this allows the plan he formulated in the past to promote the Communication Mythallar to be implemented in advance.

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

For example, in order to cope with the continuous production of gold and silver from the Grey Peak Mountains, Cormanthor updated their Magic Coins, which are harder to counterfeit and more costly than in the past.

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

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 payment functions.

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

And now, due to the continuously increasing production of gold and silver in the Grey Peak Mountains, the price of Magic Coins has also continued to rise; the most exaggerated exchange ratio currently has reached 1 Cormanthor Gold Coin exchanging for 2 Standard Gold Coins.

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

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

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

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End of Chapter

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