Chapter 423 The amazing Bitcoin

"When it comes to financial markets, I am actually not very interested in stocks and futures. But one thing I can reveal to you is that I recently plan to develop a virtual currency. The name of this currency is Bitcoin. If Miss Anna is interested, you can buy some appropriately at that time, and the future returns will definitely exceed your expectations."

Ma Wei is too lazy to study stock markets, futures, and things like doing finance are not suitable for reborn people like him who have big funds.

As we all know, the traditional financial market is mainly about game. If Mawei's large funds enter the market easily, they will definitely become the food for the inherent interests.

Even if he knows the stock price trend, it is useless. Unless he only buys hundreds of thousands or millions of dollars to play with, it may not attract attention. Once the capital is invested too much, it is very likely that the future trend of the stock market will be changed due to the butterfly effect.

In this way, his memories of his previous life will be useless. Instead, it will become a stumbling block for him and eventually make himself cheated.

"Virtual currency, Bitcoin? Mr. Mavie, what are you talking about?" Even Anna Cyrus, the daughter of Goldman Sachs Group, was extremely unfamiliar with the virtual currency Mavie said. The monetary knowledge she learned was limited to monetary policy, the relationship between currency and finance, etc.

I have never heard of what virtual currency is.

"The Bitcoin I just mentioned is a virtual encrypted digital currency in the form of p2p. It uses a distributed database composed of many nodes in the entire p2p network to confirm and record all transaction behaviors, and uses cryptographic design to ensure the security of all links of currency circulation."

"The decentralized characteristics and algorithms of p2p can ensure that the currency value cannot be manipulated by large quantities of Bitcoin. Cryptotechnology-based design can make Bitcoin only transfer or payable by real owners. This also ensures the anonymity of currency ownership and circulation transactions..."

Based on his past life memory, Ma Wei directly explained the concept of virtual currency to Anna.

However, what he said reached Anna's ears, and she didn't know what Ma Wei was saying at all, but she was a little unaware of it.

"That...Mr. Mawei, that is, the virtual currency you are going to develop, Bitcoin, is specifically used for online payments? And the generation of currency is not traditionally printed by the state, but a currency generated through a series of complex calculations?"

After a long time, Anna understood some concepts about Bitcoin from Mavie's words. I have to say that Mavie's concept is really novel.

"It's almost like this, Miss Anna." Ma Wei actually only knows a general concept. Some specific details, such as the calculation methods that cannot be cracked by the outside world, even if they are cracked, they need to meet specific situations in order to generate currency. These require professionals to handle, and Ma Wei is just proposing such a fresh idea.

"So Mr. Mavie, how should you make sure that the bitcoin you mentioned is accepted and used by people all over the world?" Anna Cyrus gradually became interested in Mavie's virtual currency.

Intuition told her that this Bitcoin currency might really set off a frenzy in the financial market. However, reason reminded herself that any so-called new things will be checked and balanced by conservatives and conflicts.

How to occupy a place is very important. Sometimes, it even requires more thought than the creativity itself.

Ma Wei was in a good mood when he tasted the curry pork chop that he had missed for a long time. So he patiently explained, "Bitcoin can be said to be the world's first decentralized digital currency, a digital currency that can be transmitted through the Internet."

"Compared with other currencies, Bitcoin has many advantages. Bitcoin can directly pass the Internet to transfer money from one person to another without going through a bank or any intermediary. This means you can save a certain amount of handling fees. It also saves many regulatory links."

Mavie's so-called elimination of regulatory links and let Anna Cyrus sit in front of him instinctively think of money laundering behaviors in the stock market and financial products.

Money laundering is an act of legalizing illegal income, which mainly refers to concealing illegal income and the income generated through various means, concealing its source and nature, and making it legal in form.

This phenomenon is particularly common in the stock market. Some investors buy stocks without remembering their returns, and even knowing that they are falling, they buy without hesitation. Behind it, it is often because the funds are unknown and they are eager to legalize them so as not to be tracked.

"Mr. Mavie, according to your meaning, that is, this Bitcoin can be used in any country. Including the user's account, it will not be frozen, and there are no conditions or restrictions on using it?" Anna Cyrus asked Mavie with his eyes shiny.

This unique monetary system is truly unique. Maybe it will be pursued and popular by the capital market in the future.

After all, some of the investments of investors are very blind. For example, the Dutch tulip bubble was a typical speculative activity.

It also explains well, people's fanatical pursuit of wealth, herd effect, the complete loss of rationality, the final burst of bubbles and the bankruptcy of millions of people...

"Absolutely, Miss Anna. I'm glad you can have this lunch with me." The half-hour lunch time ended quickly in the exchange between the two sides.

This made Anna Cyrus, who had just become very interested in Bitcoin, always feel that she was still a little unfulfilled.

The lunch of $2.25 million finally made Anna feel that the money seemed to be spent unfairly after someone said the virtual currency. At least there are no other investment banks involved in the business opportunities in front of her. Only herself and the founder.

This means that once Bitcoin is listed and circulated and gradually accepted by the world, the initial price is likely to be the lowest price of Bitcoin in history. How to grasp it or how to operate it at that time requires someone to give me some advice.

Maybe there will be huge business opportunities here.

"Mr. Mavie, I'm also very happy to have this lunch with you. To be honest, this is my first time here in the Hangban. If possible, can you take me everywhere to visit? I heard that the first luxury house in Hangban, Aster 1, is also owned by your group..."
Chapter completed!