Genius of the Rules-Style System

Chapter 532: Chapter 114: The Idea of Creating a ’New Currency’

Bitcoin... freewebnσvel.cøm

It’s really interesting!

Zhao Yi remembered the crazed period before he crossed worlds, when Bitcoin skyrocketed to tens of thousands of dollars each. Having a few, or even a dozen Bitcoins could change one’s life.

So, the question is.

"What would happen if I had thousands or tens of thousands of Bitcoins?"

"Even if each one is worth ten thousand dollars, ten thousand Bitcoins is a billion dollars!"

"That would make me a real plutocrat!"

The thought of it had Zhao Yi’s spirit soaring. He wasn’t someone obsessed with money, probably because he had never had to worry about money since he crossed over, coupled with his continuous involvement in research. Therefore, his attitude towards money had changed, and he did not have an extreme obsession with it. Otherwise, he would have abandoned academic research and started investing to make money.

But, not all money is the same.

The allure of ten thousand is one thing, what about a hundred thousand?

What about a million?

Or ten million?

Hundreds of millions, billions, tens of billions?

Anyone would be tempted.

Compared to investing in Bitcoin early on, investing in gold, real estate, and stocks, even if with a prediction advantage, really pales in comparison.

Now, slowly buying up Bitcoin, with virtually negligible costs, just waiting for its value to skyrocket in ten years is all that’s needed. By then, he could easily land a spot on the Forbes list of the wealthiest people.

Just thinking about it had Zhao Yi’s heart racing.

Going home.

The New Year’s holiday.

This time, coming home was different from the summer holiday. Liu Jing and Zhao Zhenxi moved into the new house they had bought, so it felt like their family had moved.

It was a newly built residential area.

Zhao Yi was very familiar with it because, in his previous life, he had bought a house in this neighborhood as well, just in a different block.

The new house wasn’t a spacious villa, but the 130 square meter space still seemed quite ample.

Zhao Yi went into his new room after a brief conversation with his mother, arranged his belongings, and then saw his father carrying up several boxes of gifts.

"Did you buy New Year’s goods?"

Zhao Yi went over, curious, because he couldn’t recall his father ever being so generous.

Zhao Zhenxi laughed, "New Year’s goods? These were all sent by others for you."

"For me?"

"This is just a tiny part of it, there are a lot more in the storeroom." Zhao Zhenxi continued, "Some were sent from the city, some from your school, and some from the research institute and the Science Academy ..."

"At first, I tried to refuse, but they insisted it’s a part of your work compensation and benefits, so I couldn’t reject them."

Zhao Yi quickly opened the boxes to inspect them and found they were indeed New Year’s goods: nuts, cookies and even a box of free-range eggs.

"So, all the things downstairs are?"

"Yes."

Zhao Zhenxi nodded in confirmation, "I have opened and checked everything, the most expensive items are just a few bottles of liquor."

"That’s good."

A few bottles of liquor is no big deal.

Even if it’s the priciest series domestically, costing a few hundred dollars a bottle, it’s just a couple of thousand dollars.

That price doesn’t mean anything.

Zhao Yi wasn’t worried about receiving gifts, since he had no power as a civil servant. He did have some connections, but most of those were in the academic circle. If it came down to his influence in administration, it was only due to his reputation and research.

If it’s something like the Science Academy, Yanhua University, etc. sending some New Year’s goods, there really wasn’t anything to fuss about. The items were just a bit pricier as they were benefits for him. His research, like the mathematical theory of Digital Compression Technology, had made a huge contribution. It was perfectly normal for related departments to offer him a share when they were distributing their year-end gift parcels.

What Zhao Yi was worried about was receiving valuable gifts and then them asking him to do something later, like collaborating on projects or conducting research. Even if he didn’t participate, just getting his name attached to it would be beneficial.

His name was worth a lot right now.

When significant profit was involved, it might lead to some unacceptable situations, and he would not risk his reputation for money.

Reputation is very important.

Now that he had the opportunity to become a billionaire, what was the big deal about a little profit or money?

I,

Zhao Yi,

Considers money as nothing!

Zhao Yi went to the storeroom and, indeed, just like his father had said, there were lots of gift parcels and New Year’s goods, all with tags indicating the sender.

There were some sent by Yanhua University, some employee benefits from some research institutes, some from the Science Academy, and even... Shuimu University?

Two gift boxes seemed rather interesting, as they were labeled ’Alloy Material Laboratory’?

After thinking for about fifteen seconds, Zhao Yi suddenly remembered this name – they were the people who were dedicated to researching alloy plates...

How’s their research going?

Looking at the piles of items in the storeroom, Zhao Yi decided to give some away to others. He had his father load the gifts into the car and planned to visit Sun Liang, Zhao Linlin, and certainly, Lin Xiaoqing’s house to distribute them.

As he drove to the entrance of the residential compound, the car was pulled over by the roadside.

Several street peddlers were selling goods at the entrance, and there was a quarrel amid the crowd with a figure that looked very familiar.

Is it...

Teacher Xue Pinggui?

Zhao Yi got out of the car, walked closer and listened for a while, only to realize that Xue Pinggui had gotten himself into some trouble.

Xue had purchased a watermelon and after finding it too expensive, didn’t want it anymore. However, the vendor wasn’t willing to take it back, claiming that Xue had touched it for so long that some of the skin had come off and it wouldn’t look good for resale.

"Over fifty bucks, what’s expensive about that! In the dead of winter, it’s imported watermelon, and it weighs more than ten pounds!"

"If you think it’s too pricey, then don’t look!"

"You’ve touched it for so long, and now you refuse to buy it!"

Xue Pinggui was not the type to bicker, he simply said, "I’m not buying it," losing his ground to the peddler.

Zhao Yi watched it amusingly, just about to step forward, when he noticed a burly figure push through the crowd, a figure quite intimidating.

"Teacher Niu?"

Before Zhao Yi could greet her, Niu Lianhua had already rushed in, reprimanding the vendor, "What are you saying! Bullying people, huh!"

"Dare to berate us just because we refuse to buy? Well, we are absolutely not buying! Let’s see what you can do about it!"

Niu Lianhua didn’t stop at words, she even raised a brick from the ground, looking quite intimidating, "I’ll tell you clearly, we won’t buy it, what are you going to do about it! What are you going to do! Go on, speak up!"

Throughout their argument, Xue Pinggui silently stood behind Niu Lianhua, seemingly in support of her, or maybe... seeking protection?

"Sigh!"

Zhao Yi, his eyes filled with satisfaction, sighed inwardly, "Teacher Xue must be really happy..."

"Isn’t that nice!"

He boldly walked up to Xue Pinggui, speaking warmly, "Teacher Xue, isn’t that you over there?"

"And Teacher Niu? What are you guys doing?"

"Zhao Yi!"

"Zhao Yi!"

"You’re back!"

"I just saw the news about you yesterday!" Niu Lianhua and Xue Pinggui said in unison, while the vendor didn’t care at all.

The surrounding people also recognized Zhao Yi.

"It’s Zhao Yi!"

"Zhao Yi’s parents live in this residential area, they are Liu Jing couple!"

"He’s home for New Year’s!"

"He’s the pride of our Zhengyang! Do you know, because of Zhao Yi’s parents buying a house here, the prices in our neighborhood increased by more than a thousand."

"..."

Upon hearing the last sentence, Zhao Yi felt the urge to talk to the real estate agents.

Zhao Yi couldn’t stand the enthusiasm of the crowd, he exchanged a few words with them and, quickly pulling Xue Pinggui and Niu Lianhua aside for a chat. Later on, they ended up getting into his car.

The car was filled with gifts.

Zhao Yi casually offered a gift to Niu Lianhua, "Teacher Niu, Teacher Xue, you got married and I couldn’t attend the wedding, nor did I get to send a gift. You can take this as a wedding gift."

"Also, I originally planned on giving this to Zhao Linlin."

After getting married, Niu Lianhua and Xue Pinggui lived together and even bought a new apartment in a different residential complex.

Zhao Linlin still lived in the old house.

Zhao Yi simply drove back to the neighborhood and unloaded a few boxes from the car. Without entering the house, he quickly left. He was glad to see his impactful high school teachers, Teacher Niu and Teacher Xue. But he wasn’t about to sit around for a visit.

Those two together...

Cough, cough!

"Teacher Xue must be really happy!" Zhao Yi sighed yet again, and hurriedly drove away.

First, he went to Sun Liang’s house.

Then to Zhao Linlin’s house.

Zhao Yi rarely saw Zhao Linlin’s parents since they were busy working with medical teams in impoverished countries and rarely came back. Zhao Linlin hadn’t seen her parents in a long time, so he didn’t want to disturb their rare reunion.

Then, he visited Lin Xiaoqing’s house.

Lin Xudong was seldom at home during the holidays, so Zhao Yi only met Zhao Hongjuan and Lin Xiaoqing. Zhao Hongjuan invited him to the living room for a sit-down before she went out for grocery shopping, promising a feast in the evening.

Zhao Yi and Lin Xiaoqing were sitting on the sofa, Xiaoqing half-reclining comfortably against him.

All of a sudden, he chuckled, "I’m about to get a lot of money, a lot of it."

Lin Xiaoqing looked at him in confusion: "Are you short of money?"

"No."

"Then what are you talking about? Or do you have some brilliant idea?" Lin Xiaoqing sat up as she spoke, "By the way, our company is registered now, the website is under preparation, and we have contacted some doctors and such, but I’m not sure when exactly..."

"You guys can decide all that."

Zhao Yi shook his head, "I just gave a suggestion, you guys are the ones to execute it, consider it as practice. But this isn’t what I was talking about..."

"Nevermind."

Zhao Yi shook his head again, deciding not to explain to Lin Xiaoqing.

Discussing such matters with Lin Xiaoqing was like playing the lute to a cow. If it were Xu Chao or Sun Liang, they might talk for a while. But discussing a P2P encrypted digital currency with someone whose only interaction with a computer is typing? That’s a pointless endeavor.

Knowing it wouldn’t end well, Zhao Yi decided to sit quietly on the sofa and ponder, his arm wrapped around Lin Xiaoqing.

Bitcoin, it is indeed interesting.

From a technical perspective, the most interesting part about Bitcoin is its algorithm, generated via an extensive amount of calculations. freeweɓnøvel.com

The decentralized database, built from numerous nodes in the P2P network, verifies and records transaction activities. With the application of cryptography, the security of every activity in the currency circulation process can be ensured.

The decentralized nature of P2P and the algorithm itself guarantee that the Bitcoin market can’t be manipulated by mass manufacturing of Bitcoin.

Furthermore, the total number of bitcoins is very limited, exhibiting a strong form of scarcity.

Bitcoin has many advantages—procurement fairness, transaction security, immunity to artificial manipulation, limited quantity, and so on.

The above factors are probably why Bitcoin was enthusiastically pursued amidst the global economic uncertainty, causing its value to continually rise.

So...

"Can an algorithm be designed to create a coin with more advantages than ’Bitcoin’?"

"If such a coin could be manufactured, perhaps it could replace Bitcoin in the market, become the ’new Bitcoin’? Or perhaps it would have other influences...?"