Chapter 262
Chapter 262
The seminar hall was engulfed in heat by the sudden appearance of the CEO.
The members of the JG Blockchain applauded and rejoiced, and some people expressed their joy, helplessness, or glory.
Namwoo Choi said while looking around the seminar hall.
“It is nice to meet you like this. We sincerely welcome you to our JG Blockchain.”
Taek-gyu tried to bow his head, but before that, their eyes met first. Choi Nam-woo turned his gaze to the other side as if he had not noticed at all.
In fact, we only met briefly in front of the house. It must have been natural that he couldn’t remember because it was such a chaotic situation.
Contrary to the way he was dragged out screaming at the time, he is now full of confidence. His expression was dignified, his back was straight, and his chest was wide open.
He looks like a successful young businessman.
‘Is Namwoo Choi the CEO of JG Blockchain? What the hell happened in between?’
It feels like something is getting more and more interesting.
Min Ha-young said in a low voice.
“Our CEO is a wonderful person.”
“What’s great?”
“Listen and you will find out.”
With that said, I’ll have to listen to what you’re saying first.
Choi Nam-woo said in a deep voice.
“I think everyone here is familiar with and interested in cryptocurrencies. Perhaps some of you have made an investment and have lost a lot of money. The crash at the beginning of the year was due to investors’ distrust of the intrinsic value of cryptocurrencies. You’ve probably thought about it at least once. What is the value of the coin itself, can it really replace the dollar or gold? This means that cryptocurrencies also cannot be guaranteed a certain value.”
His voice grew louder.
“However, Jeil Gold Coin made with the latest blockchain technology is different! If the existing coins were invisible coins whose value could not be confirmed with the naked eye, Jeil Gold Coin is a visible coin whose value can be seen directly. It is also a cryptocurrency as well as a real currency. The reason is that the value of Jeil Gold Coin is linked with crude oil, the most important resource in the 21st century.”
People burst into admiration in surprise, and Taek-gyu couldn’t help but be embarrassed.
‘What the hell is this?’
If cryptocurrency is a financial asset (the definition varies by country), then crude oil is a representative real asset. But are these two related?
Data about Venezuela appeared on the screen.
Once a rich country in South America, Venezuela is now one of the poorest countries in the world. The biggest cause was the fall in oil prices, but dictatorship, corruption, populism, and excessive welfare spending were also problems.
Even when the national finances were in crisis, they tried not to cut fiscal spending, so they continued to print money, resulting in hyperinflation of more than 500 percent per year.
Like Germany after World War I, to buy a loaf of bread, you have to carry a mountain of banknotes, and it is impossible to even count each banknote, so you have to weigh it with a scale.
“Venezuela is an oil-producing country with the largest oil reserves in the world, but it is currently facing major challenges. The government is promoting the sale of oil fields to overcome the financial crisis. Jeil Group, the parent company of JG Blockchain, has received permission for exclusive exploration and mining in state-owned oil fields owned by the Venezuelan government.”
Then, along with photos of the huge oil field, interviews with those involved were streamed into a video. Researchers and workers’ clothes and hats had the words ‘Jeil’ on them. They testified that there are too many oil reserves in the same way.
“The estimated oil reserves in this field are now worth 150 trillion! Buying Jeil Gold Coin is the same as buying a stake in crude oil stored in this oil field. All crude oil mined by Jeil Group will be sold overseas, and the transaction will be received only in Jeil Gold Coin, not dollars.”
In general, most international crude oil transactions are conducted in dollars. But what happens when you trade this with Jeil Gold Coin?
To purchase crude oil, you must first purchase Jeil Gold Coin. If this happens, demand and transaction volume will naturally increase, and the value of Jeil Gold Coin will rise.
‘Where did you hear this?’
Taek-gyu recalled a story he had heard from Kang Jin-hoo before. This was similar to the way John Law did when he started the Mississippi Bubble.
Choi Nam-woo posted several articles on the screen.
[Venezuela, severe economic crisis][Are you planning to sell state-owned oil fields due to financial deterioration?][Venezuelan government to issue national cryptocurrency for the first time in history][Petrocoin will be used internationally from next month]“As you can see, the Venezuelan government recently issued a cryptocurrency called Petrocoin, pegged to the dollar and crude oil. The Jeil Gold Coin is linked to the Petrocoin issued by the Venezuelan government, and again linked to the dollar and crude oil, so that it has a status that is virtually the same as the key currency.”
Whether it’s possible or not, you’ll need to actually mine the oil first to do this.
‘But you have to go to Venezuela to see if this is true.’
Does anyone here have acquaintances in Venezuela or can they go directly? Maybe some people don’t know where Venezuela is attached?
In fact, some people were mistaken for a Middle Eastern country by the word crude oil.
Taek-gyu remembered the words he had heard from Jin-hoo again.
‘There are so many philanthropists in this world. Those who manipulate stock prices, and those who plan real estate. They make calls one by one to sell stocks and real estate that will rise tens or hundreds of times if left unattended, and they try to sell somehow by using people. Selling something you can eat all by yourself to other people at a low price is something you can’t do unless you’re kind enough.’
just like that
Why do you even give a lecture to sell a coin that will become a key currency for a few tens of won if it is listed and become 10,000 won? If there is such a good thing, shouldn’t you be alone and know it? Why the hell are you so hard on others? Are you crazy?
‘After all, it’s a scam.’
Choi Nam-woo shouted proudly in a confident voice.
“The future is right in front of you. Invest in Jeil Gold Coin right now!”
‘Is there no Black Cow, Malang Cow, Black Yak, Black Angus, or Black Crane who believe in this?’
With that in mind, I looked around, and everyone stood up in unison, clapping and cheering.
clap clap!
Taek-gyu looked at him and sighed inwardly.
‘Um, there are so many black cows in the world.’
There are probably a lot of scammers out there.
By the way, Choi Nam-woo did not look like a con artist trying to defraud others. This is one of the two.
Either you’re acting very well, or you believe that you’re real.
Which one is it?
At that moment, someone cautiously asked a question.
“I heard a rumor that CEO Kang Jin-hoo is a relative, is that true?”
Taek-gyu grinned and muttered.
“The magpie is flying.”
Why didn’t you name Kang Jin-hoo? Maybe the person who asked the question was the same.
Min Ha-young asked.
“What do you mean?”
“Nothing.”
Existing members seem to already know. But the people who came here for the first time were surprised by the words.
“Go, Jinhoo Kang?”
“Maybe after that Gangjin?”
“Are you talking about the CEO of OTK Company?”
Choi Nam-woo gave a look of embarrassment.
“This is a bit annoying. The fact that Kang Jin-hoo is my brother-in-law is a secret.”
Then a young man said something strange.
“uh? Isn’t Kang Jin-hoo the only child?”
Then he murmured all over the place.
“Hey, what is it?”
“Nonsense.”
“Isn’t that Kang Jin-hoo?”
Then Namwoo Choi explained in detail.
“Sorry. To be precise, the CEO of OTK Company Jinhoo Kang is my cousin. He is the cousin of my wife Kang Mi-young. A misunderstanding arose because I usually call him brother-in-law.”
Those who came for the first time still looked unbelievable.
“This is really my fault for causing a misunderstanding, so I have to solve it. I will show you our family picture.”
As if ready, he immediately took out his smartphone from his pocket and connected it to the projector.
The first thing that came out was a wedding photo.
“This woman is my wife Kang Mi-young. Doesn’t she look a bit like her brother-in-law?”
Then, photos taken during holidays or at relatives’ gatherings appeared. There were pictures of Kang Jin-hoo as a child together with Kang Mi-young. There were pictures from elementary, middle and high school as well as college days.
“Since our brother-in-law is the only child, I followed my wife like her real sister.”
People roared in surprise. Although compositing technology has developed these days, those are photos that have never been published anywhere.
Nam-woo Choi explained when the photos were taken and then said.
“This is a secret. If it turns out that our JG blockchain has a relationship with the OTK company, high-value investors will flock to it and they will no longer be able to purchase coins. What I want is not for a few rich people to get richer, but for a lot of ordinary people to get rich through Jeil Gold Coin.”
Jinhoo Kang is the most famous figure in the global financial industry. Her name alone was like a guarantee check in finance.
Unlike Min Ha-Young, who applauds hard with her excited expression, Taek-Gyu’s expression was a bit of a letdown.
‘Look at this bastard cheating.’
Surprisingly, there was no lie in Choi Nam-woo’s words. Because Kang Mi-young is really Kang Jin-hu’s cousin and she used to be close. But she only left out the story that she broke the ties.
“Then, is CEO Kang Jin-hoo also involved in the coin listing?”
“Did OTK Company also invest in Jeil Gold Coin?”
“Maybe in Venezuela’s oil field… … ?”
Choi Nam-woo said as if he was still in trouble.
“Jeil Gold Coin and Venezuelan oilfield mining are projects that the world is paying attention to. As the CEO, I would like to ask for your understanding that it is difficult for me to speak directly about that part. But let me tell you one thing. OTK Company is the largest shareholder of Bansomem, the largest cryptocurrency exchange in Korea and one of the top five in the world. That is all.”
After the lecture, the members rushed to shake hands and ask for autographs. Nam-woo Choi encouraged them by holding hands or signing autographs one by one.
“Let’s all get rich together. fighting!”
“Thank you, sir.”
“It is an honour!”
“My life has changed since I found out about JG Blockchain.”
“I was desperate for a dirt spoon, but after meeting Jeil Gold Coin, I now have a dream of being rich.”
“I will trust and follow you until the end.”
A young man in his 30s said with a bright expression.(Read more @ wuxiax.com)
“With my introduction, my parents, brothers, and relatives all invested in Jeil Gold Coin.”
At those words, Taek-gyu was at a loss for words.
‘No, this guy is going to get ruined by himself. What the hell are parents, brothers and relatives guilty of?’
Soon it was Min Ha-young’s turn.
“Jeil Gold Coin is a new dream and hope for me.”
“Let’s make the dream of being rich together.”
Taek-gyu, who was next to him, suddenly shook hands. Choi Nam-woo grabbed his hand and looked at Taek-gyu. He looks like he’s waiting to say something.
‘What should I say?’
Taek-gyu said whatever came to mind.
“Why are you selling this good thing so cheap? If it were me, I would sell it much more expensively.”
Surprisingly, Namwoo Choi said without the slightest embarrassment.
“That’s what blockchain is. A world connected with coins by abandoning selfishness. That is the new future that JG Blockchain envisions.”
“Huh?”
Why is blockchain here?
‘Do you know what you are talking about?’
The man next to him spoke quickly.
“The next lecture is scheduled, sir. You just have to go.”
Nam-woo Choi left the building and left in the waiting black Mercedes-Benz S-Class.
After the seminar in which even the CEO attended the seminar, those who had been hesitant or hesitant to sign up for membership were actively engaged in counseling.
People took out their cellphones and called everywhere. Some immediately called the bank to ask for a loan, and some talked to acquaintances.
Even at first glance, the word ‘Kang Jin-hoo’ popped up here and there. Perhaps the story is spreading in the way that Jeil Gold Coin is deeply related to the aftermath of the earthquake.
It is not uncommon to cheat by selling a celebrity’s name. Celebrities, politicians, entrepreneurs, etc.
The problem is that even if it turns out to be completely unrelated, the image is nicked. There are even cases where the victims flock to groups and clamor for compensation.
From the victim’s point of view, there is no way to get the money back, whether it’s related or not.
So far, it’s just been interesting, but I can’t stand still since I found out that I was cheating by selling Jin-hoo Kang’s name.
Taek-gyu thought to himself with his arms crossed.
‘Is it time for me to go out?’
