Chapter 726: Bitcoin

After the Yingjiang negotiation team left.

The Yang family all let out a sigh of relief.

The negotiations were over, naturally, the money they had earned could now be taken out and used openly.

Although Yang Qihang already had the concept of mobile internet, this direction could not accommodate so much money.

Who would have thought that spending money could be this difficult.

Yang Qihang went to find Yang Qing.

Yang Qing, however, did not respond to his question.

Instead, he brought up another issue.

"Take a look at this report."

Yang Qihang picked it up; the report said it was an idea proposed by someone called Zhong Bencong.

And through practice, he successfully mined Bitcoin.

"Dad, are you talking about blockchain technology?"

Yang Qing rolled his eyes.

He pointed with his finger at a datum above.

"Do you see? This thing only has 21 million."

"Moreover, according to the agreement, it will become increasingly harder to mine."

"Quantity limited, difficulty increasing."

"You say, does this thing have value?"

Yang Qihang froze.

"Old man, are you saying to invest in Bitcoin?"

Yang Qing rolled his eyes again.

"This thing indeed has value, but its value is not just investment; rather, there will be people who want to promote and use it."

"Such an unregulated investment target, the Mainland will not welcome it."

"Gangdao is also too small, so we cannot be the banker."

"What I want you to understand is that this thing is naturally suited to serve the Black Zone."

"Whoever can control the Black Zone will promote and control it."

Yang Qihang immediately thought of it.

"Dad, are you talking about Longshan?"

Yang Qing nodded.

"Bitcoin, he cannot manipulate it, but he can study Bitcoin, invest in a person, create a small currency as a backup."

"If Bitcoin becomes the mainstream currency of the underworld, then he also needs to join in advance."

"As for you, you can gradually, in small amounts, continuously increase your holdings of Bitcoin."

"Don't ruin it."

"This thing can indeed only produce this much, but others could tweak it, using blockchain technology, to create other currencies?"

"You want to earn all the money, will others still play with you?"

"Just as I said before, they can still switch to another."

"Mining needs electricity; Gangdao is unsuitable. Rather than doing it ourselves, it's better to specially produce some mining rigs, sell them to others, and they will go to places with abundant, cheap electricity to mine."

"After they mine it, you can then buy some back."

"As for how money is spent elsewhere,"

"I don't know."

"That's your business."

"Your dad, I'm also seventy or eighty, it's time to retire."

"Your affairs, you handle them yourself."

Having said that, Yang Qing left.

Yang Qing left, and Yang Qihang began to wonder why Yang Qing had specifically told him about Bitcoin.

There must be a deeper meaning.

Have myself inform Longshan?

Bitcoin now is still just a concept; who knows what it will become in the future? It shouldn't be just to have him tell Longshan these things now.

After all, it's only worth a few dimes; who would use this for money laundering? For transactions?

We have to wait until its value rises before we can act.

That should be to let him—no, it should be Longshan finding people to promote Bitcoin's development.

Is that to go get a share of the pie?

That's also not right.

Yang Qihang thought for a long time but still couldn't figure it out.

In the end, he prepared to go find Longshan to talk.

After hearing Yang Qihang's words, Longshan thought of a possibility.

"Brother Yang probably wants me to use this opportunity to integrate into the mainstream underworld of the world."

"He didn't say it, but this thing is, for us, a heaven-sent currency."

"Those interested would likely be these people."

"If we become the organizers, then the status of our Thirteen Scald will also naturally be different."

At the same time, we can also make a huge profit from it.

I'm not sure, but I feel it has great potential.

As for Brother Yang's suggestion, creating another small currency should be preparations for Capital Gate.

Now every year there is a huge outflow of people from the Mainland.

Currency exchange is a major problem.

Similarly, making money locally and then remitting funds domestically is also a major problem.

If we had this small currency, it would be much more convenient.

Moreover, using this can also conceal traces of massive capital flight.

This helps reduce dissatisfaction among local authorities.

Yang Qihang hadn't expected there to be such a problem.

If Long Shan controlled this small currency, he could stabilize the currency at a relatively fixed price, making it convenient to use.

Unlike Bitcoin, which requires multi-party maneuvering.

There are too many intricacies here; Yang Qihang couldn't figure it out right away.

Suddenly he remembered what Yang Qing said.

"Uncle Long, I'm afraid the Mainland will ban these virtual currencies."

"By then, wouldn't it be useless?"

Long Shan laughed heartily.

"The Mainland won't work, but Gangdao will."

"Gangdao claims to be a financial center on the surface, but another name for a financial center is a money‑laundering center."

"Gangdao built its fortune this way and won't cut off its own lifeline."

"By then, the small currency I control will become a fund hub in Gangdao."

"Furthermore, leveraging Gangdao's financial advantages makes it easy to launder and distribute these funds."

"For example, we can directly deposit the money into Da Song's account, then go to Great Song Bank to complete settlement."

"Brother Yang's mind really works quickly."

The more Long Shan thought about it, the more excited he became.

This basically gave him wings like a tiger.

This finally cleared up Yang Qihang's doubts.

It turned out that his father's purpose lay here.

Since it involved money laundering, he never spelled it out.

He didn't let him do it.

He only let him invest.

But he handed over operations to Long Shan.

Back home, he wanted to ask his father whether that was the meaning.

After thinking it over, he didn't dare to ask.

After all, this matter concerns something unsavory.

Mining rig?

That's easy to handle.

He could strip out many functions, then develop a new motherboard to maximize computing power.

Doing it this way isn't cheap.

Otherwise, he could start mining himself to see.

Wait for the market to pick up, then sell?

He felt his line of thinking was correct.

At Bitcoin's current price of a few jiao, who would buy such an expensive toy to mine?

There must be profit before there is demand.

Mining is easy now.

He would mine first, then let others mine when it becomes hard.

That way, profit is maximized.

The more Yang Qihang thought about it, the more he felt his approach was correct.

First mine, then sell the machines, then acquire.

It's all about money.

Hehehe...

Yang Qihang couldn't help but laugh.

Lin Cuiping saw it and felt Yang Qihang was a bit crazy.

"What's wrong with you? Why are you laughing foolishly over there?"

Yang Qihang laughed.

"You don't understand."

This simple way of making money is exciting, like picking up money.

Whoever touches it becomes foolish.

This is the most genuine sense of happiness.

If you pick up money on the road, you also get excited.

Whether old or young, male or female, rich or poor.

The happiness of picking up money is universal.