Chapter 1706 Oil as Seed
Snow's problem is exactly what Li Jin wants.
Because the answer to Snow's answer should happen to be in their next plan.
"Snow, you are right. If you want to better promote this digital currency system, you really need a physical endorsement."
"Then what are you going to do?"
Snow couldn't help but become curious, and then said to himself:
"Gold will definitely not work. Gold is already a universal currency. If gold is used as a pledge, the significance of Bitcoin will be greatly weakened. It is like taking off your pants and farting in vain."
"Silver is definitely not good either. Silver corrodes easily and is essentially a carrier whose value cannot be retained for a long time."
“If you use it as collateral, it is equivalent to saying that Bitcoin is a constantly depreciating thing. This is contradictory to the idea of designing a deflationary demand system to allow Bitcoin to appreciate.”
"..."
Snow is a person who likes to think. Before Li Jin could answer, he began to think about the answer himself.
As he thought about it, Snow's frown deepened.
He listed many precious metals in his mind, but in the end he found that none of them were suitable as collateral.
Li Jin saw Snow's troubled look and reminded him: "Why not use oil?"
"Oil?" Snow was stunned for a moment, then realized: "Yes, oil is a good thing, why didn't I think of it!"
"Oil is essentially a consumable, but due to the harshness and necessity of its production location, its value is no less than gold."
"Moreover, its quantity is limited. As more and more oil is mined, its supply and demand curve will be in the same deflationary direction as Bitcoin, which is very suitable."
“Moreover, oil has never been used as currency, and there is no functional overlap with Bitcoin!”
"The most important thing is that the country we are in, Iraq, is one of the largest sources of oil!"
The more Snow thought about it, the more he felt that Li Jin's words made sense, and he became very excited.
"Lee, you are such a genius!"
In excitement, Snow rushed towards Li Jin. He now wanted to hold Li Jin and kiss him.
Before Li Jin could say anything, Liu Jun behind him quickly stretched out his hand to stop Snow:
"Mr. Snow, we in China don't have this custom of showing closeness."
Snow was embarrassed and said:
"Lee, I'm sorry, I was so excited."
"It's okay, I can understand."
Li Jin smiled, then turned around and saw Li Songci who was eager to try.
It seemed that she was also preparing to imitate Snow and be "excited" for a while.
However, Liu Jun probably won't stop her this time like he stopped Snow.
Li Jin felt a little dizzy.
Just when he was about to say something, he heard an angry voice suddenly rang out in the room.
"A-Sang, you go too far, you go too far!"
"I must make you look good in the future!"
Huang Feng has just changed out of his skirt. He hasn't had time to take off his wig yet, and he still looks like a woman.
This makes his current angry expression not only not scary, but also more inexplicably cute.
Seeing that his long-gestating plan was interrupted by Huang Feng, Li Songci was furious and said:
"Huang Feng, what has Asang done to you again? Is he going to confess to you?"
Huang Feng's fingers trembled with anger and he pointed at the computer screen, his voice trembling:
"Look, what he said, it's just... bullying to the core!"
