Chapter 103 Blockchain Galleons

"Very good, it seems that all the primary problems have been solved." Mr. Renault seemed very satisfied with Carl's answer.

But it seemed that he had some other questions, so he did not leave his seat, but continued to speak while tapping the table with his hands.

"Then there are some more advanced problems. What should we do with those greedy guys in the Ministry of Magic?"

"This kind of thing, giving them a share of the pie, is obviously not going to go smoothly. And what is your real purpose?"

"I can believe that the 15 tons of gold are your personal property, but the continuous capital investment afterwards is all up to you alone."

"Even if you have been earning as much as you are now since you were born, it is impossible for you to have that kind of wealth at your age."

"That's wonderful, Mr. Renault." Carl did not just admire in his heart for these questions as he did before.

Instead, he clapped and praised.

"Dear Mr. Rosier, since I entered the British wizarding world, I haven't met someone as professional as you for a long time."

"Your question is very good, and I like it very much. Let Mr. Lucius answer the first half, and I will give you the answer to the second half."

Having said that, he looked at Lucius who had been standing aside, and asked with a smile.

"Okay, Mr. Malfoy, show us some of the real stuff. After all, you are Voldemort's former subordinate."

"You didn't find any punishment. If you say that there is no profit transfer between you and the magic department, I'm afraid no one will believe it."

Seeing that the fire actually burned himself, Lucius, a spectator, seemed a little embarrassed.

But when he listened to the conversation between Carl and Renault, he felt that he seemed to have insufficient understanding of Carl's plan.

The benefits involved may be far beyond his imagination.

After hesitating for a long time, he walked to the wall behind the two seats, took out his wand, and gently tapped the cracks in the bricks of the wall a few times.

Soon, those solid bricks seemed to retreat like waves, and a small space appeared behind the wall.

And inside that space, there were only two dark notebooks.

Lucius picked up one carefully and used his wand to change the wall back to its original state until he was sure there was no problem.

Then he slowly walked in front of Carl and Mr. Renault, placed the notebook between the two of them, and used magic to make the notebook turn pages automatically.

And while the two of them were watching, he slowly explained.

"But as Mr. Reynolds said, those guys in the Ministry of Magic are just a bunch of greedy termites."

"Nearly half of the Malfoy family's income over the years has been divided up by these greedy guys."

"To your newly invented Hearthstone magic cards and new flying brooms. They were not very popular at first."

"But now, these guys have hinted to me more than once, overtly or covertly, that I should distribute the profits as soon as possible."

As Lucius spoke, Carl basically finished reading the accounts and then used the memory palace in his brain.

After a simple summary, I immediately came to a conclusion.

"If we follow your account book as a benchmark, that means we have to give them at least 7% before they will cooperate with us."

"In other words, when the investment first started, the Ministry of Magic took the lead in taking out a portion of the funds and adding them to our financial products."

"So as to attract other ordinary wizards to follow suit, and then the Ministry of Magic's money will be returned in full, and the money from other wizards will be divided into 30% and 70%. That's what you mean."

Carl's words were so cold that Lucius couldn't help but swallow his saliva, but he still nodded very honestly.

At the same time added.

“Even with the existing Hearthstone magic cards and the broomstick project, they want to do this.”

"Okay, that's great." Carl clapped his hands vigorously and shook his head happily.

"Out of a profit of 100 million, they took 70 and gave us 30. Should I thank them?"

"I think those people in the Ministry of Magic are really looking for death."

However, after he had lost his temper, Karl’s anger seemed to have dissipated a lot, but he said it with no expression of indifference.

"Okay, no problem, give it to them!!"

"What??"

"What did you say???"

Lucius and Mr. Renault asked the question at the same time, but Carl just spread his hands and spoke as if nothing had happened.

"Didn't you two gentlemen hear me? I told them to give it to me, whether it's 7% or 8%, I'll give it to them."

"But we just signed an agreement with them. You have to make it clear that what we break down is profits, not cash flow."

"I thought we were all living on the same land, so I should give them half of the profits, but they were so shameless."

"Then don't give them a penny, and let those ignorant idiots experience the charm of modern accounting."

After Carl had finalized the issue of profit distribution for the Ministry of Magic, he turned to look at Mr. Renault.

Said calmly.

"Okay, let's stop thinking about those disgusting guys and let me answer your second question."

"The guarantee of continuous funding is very simple. There has always been an unclear exchange rate between gold galleons and British pounds."

"Those greedy goblins at Gringotts don't like exchanging pounds, but we can totally accept that."

"You have to know that in the City of London, hundreds of billions of dollars of offshore funds are remitted in and out of Europe every day."

"Some of these are shady. We can use the gold galleon as a prop to turn these black money into a blockchain product."

"We will sell it in the City of London and package it as a financial product. This will not only help them launder money, but also solve our funding problems."

"After all, we are just borrowing the money. After the flood, we will mainly reap the savings of the British Ministry of Magic over the past hundreds of years."

"And those greedy goblins in Gringotts, and of course, those idiots who showed up today and left again."

After Carl finished speaking, he did not look at the expressions on his two partners' faces, but took out a bottle of sherry from the ring.

There were also three exquisite crystal wine glasses, which were filled and personally handed to the two of them.

"Life always needs some rituals. You can slowly digest what I said after the Christmas holiday is over in a few days."

"Let's officially get started, but before that, I have a suggestion. Let Mr. Renault serve as the new CEO of the company."

"Mr. Malfoy, who is leading this financial bubble plan, will temporarily resign from his economic duties and join the British Ministry of Magic as soon as possible."

"To pave the way for future plans."

Upon hearing this, Lucius was completely dumbfounded. How could he be kicked out of the group he had organized?

He took the wine glass, thought for a long time, and finally asked.

"Mr. Hohenzollern, may I ask why? And what is my main purpose of going to the British Ministry of Magic? I have to explain it."