"Let's talk about the easy solution first, that is the issue of trust. This is the most difficult for me, but it is the easiest for His Majesty."
"Because... I am a god?" The god who exists because of money certainly has enough acumen to calculate the advantages of the method proposed by the magician in front of him.
Simply put, this method makes up for some of the inherent shortcomings of coins as an intermediary for transactions. It not only expands the concept of "coins", but also makes it possible for the belief in the gold coin goddess to spread more widely.
But to be honest, he, the god, does not necessarily have to come forward to carry out all of this. In his perception, the money flows that have been operated in this way have no direct relationship with him, the god.
However, this man came to the door and offered this method. What was his intention? This would certainly arouse Ke Yin's suspicion. It's just that he didn't ask immediately.
But if you say that you are the solution to the problem, it seems that you can understand why this human being came to find you.
Lin further explained: "That's right. If it were me, or I found a noble, king or big businessman to handle this matter, everyone except themselves would have the same question, that is
Why should I put money into their treasury in exchange for a piece of paper to prove it? What if the person who received the money refuses to acknowledge the account, or runs away after receiving it? To cultivate enough trust, it takes years of careful behavior.
In comparison, if Your Majesty appears as a god, this matter will be much easier."
"What's the difference?" Ke Yin was a little confused.
With a flip of his palm, Lin conjured a gold coin in his hand and said, "Your Majesty, I just want to ask, can gold coins be used to trade between gods?"
The halfling goddess shook her head matter-of-factly. Gold coins were of no use to the gods. No god even thought of collecting them to reward believers.
Lin smiled and said: "That's right. Gold coins are useful to us mortals, but useless to gods. Through the method I designed, people need to chant your gods when depositing or withdrawing coins from their personal accounts.
Name and pray. In the process, your strength will grow, and this is the benefit you can get. The collected coins are really just safekeeping for you, and they will be kept for the life of the depositor.
Exchange them back when needed. But people may misappropriate these collected coins without permission due to greed. This is the difference that people worry about when humans or gods come to implement it."
The issue of trust in financial institutions such as banks seems to have ceased to exist in the 21st century. That is because of the endorsement of official organizations and the support of some financial policies, which allows people to open accounts and save money when they need to.
What is considered is the convenience of use, not the credibility of a certain bank.
However, don’t look at the fact that during World War II, the Swiss Bank refused to hand over the funds from Jewish accounts to Hitler. Such a highly talked-about behavior would make you think that banks are ethical organizations that are not afraid of power. In reality, how many court orders are there?
, or even an administrative order, allows banks to infringe on personal property "in accordance with the law".
If the money in the account is the criminal proceeds of the holder, then of course he deserves it, whether it is frozen or confiscated. But are there really no parasites in the institution that abuse their power or use their power for personal gain?
Therefore, some unfounded and unfounded people have put forward the idea of 'decentralization' to make the financial tool 'money' purer. To put it bluntly, it means avoiding supervision and control while also trying to break the old financial order and establish
New rules. And because the number of virtual coins has its design limit, without the possibility of unlimited money printing, the phenomenon of inflation will be greatly suppressed.
The official counterattack cannot withstand the general trend of technological progress. It is like a cannon that blasts away a city wall and a shield. It is irresistible. At most, it is just delaying and trying to establish new rules of the game. In comparison, the counterattack of capital is truly
fatal.
When financial instruments with high hopes are turned into financial commodities, and when everyone talks about virtual currency, the first thought is investment and profit, decentralized virtual currency becomes a joke. It cannot buy food in the market, cannot
When buying cigarettes in a store, only criminals use them to launder money. Virtual currency is just the fourth good place for capital to harvest leeks after the stock market, foreign exchange market and futures. Only fools touch it!
What if, in addition to its own value, the central pillar of currency is not a person or an organization, but a god?
Excluding the human operations caused by human greed, under the supervision of the gods, the money flow is allowed to operate according to fixed rules, and these rules will not be changed at will due to the wishes of a few people. Such a currency system should
It's better than the blood-sucking system on Earth that has been magically modified to the point where it is difficult for normal people to understand.
"Well, I roughly understand your intention of finding me. So what do you mean by the inducement?" Ke Yin continued to ask.
"It's very simple. Your Majesty, you see, before this method existed, everyone could still live by using coins made of three precious metals: gold, silver, and copper. Even though there would be some inconveniences, who didn't live like this?
.In this case, a different method of using coins is proposed. How many people will give up the old methods they are accustomed to for no reason and use new methods with complex and unfamiliar rules? At this time, incentives are needed.
It can also be said to be a demand. In this way, you can agree."
Not only Ke Yin nodded, but everyone else in the temple also nodded mechanically. Lin continued: "To find out what kind of people have demand for new currency usage methods, we must first know the old and new methods.
The difference between methods. First of all, I want to emphasize the difference in usage method, because the value of the coin itself will not change. So the coin is kept by the owner himself, and is handed over to your Majesty for safekeeping, in exchange for a piece of paper.
, the biggest difference is of course safety and convenience. If you carry it with you, you may be robbed or picked off; if you carry too many coins, the weight of the coins will become a huge burden. If you carry more coins, it will be associated with
There is nothing you can do about it, it needs to be transported by vehicle, and it also needs more manpower to protect it. And these people need to be paid, so the cost will increase invisibly. Is that right?"
As if teaching a student, Lin waited for everyone to nod again before taking a breath and continued: "Then those who need new methods that have the two advantages of safety and convenience are businessmen and those who hold a large amount of coins.
People with circulation needs. The former is easy to solve. Just tell them that although sending the coins to His Majesty's treasury and registering them in their personal accounts will require a storage fee. But when the amount of money is quite large,
The extra manpower required for transportation is absolutely a drop in the bucket compared to the cost of guarding. Not to mention that if there are more people hired to transport coins and guards, there will be a risk of betrayal. Comparing the two, as long as it is a profit-seeking businessman
, they all know how to choose. So for them, the remaining consideration is the issue of convenience. That is, if I deposit coins in the Temple of the Gold Coin Goddess somewhere, is there a place to withdraw them at my destination?
?Or maybe the person I am trading with is willing to directly transfer the agreed transaction amount from one personal account to another personal account under the witness of Your Majesty, thus saving the huge amount of money from Your Majesty?
After withdrawing it from your treasury and giving it to someone else, the other person may then turn around and deposit the same amount of money into your treasury, wasting both parties' time and energy."
Before the establishment of the modern banking system, the East and the West had different development trajectories regarding the operation of money.
The Western world, which is dominated by Europe, originated in Venice, Italy in the 13th century. It was actually a loan shark and did not have the various functions of modern banks.
The Eastern World in my hometown is the flying money business that originated in the Tang Dynasty. This has nothing to do with lending, but the off-site deposits and withdrawals, or exchange business, that Lin wanted to carry out in Midi. In the Song Dynasty, there were money banks, Jiaozi, and the former.
It is related to lending, and the latter is the prototype of banknotes. It was not until the Ming and Qing Dynasties that banknotes were issued, and a more standardized exchange business was carried out.
This does not mean that there were no loan sharks in my hometown before the Song Dynasty. But before the emergence of banks, most of the lenders and borrowers were landlords and tenants, and there were no external business institutions like banks.
Similarly, the usury business in the Western world did not only exist in the thirteenth century. Before that, the church and the nobility carried out the loan business. And the so-called merchants must have one of two identities, or two
All accounted for.
The route arranged by Lin for Midi is actually the exchange route of flying money and ticket numbers. The reason why he does not want to get involved in lending is that in addition to Midi itself having its own lending system, the Goddess of Gold Coin is the leader and has the power to rule over the entire Midi.
If lending business is added to the local financial system, it will be easy to release financial monsters on the same scale as the earth, or even more ferocious.
Whether it is the aggression brought by capital or the hell of inflation, a certain people in time who have suffered deeply do not want to bring such pain to the natives of other worlds. The Master said: Don't do to others what you don't want others to do to you.
people.
Even though as the person who built this financial system, he can stand firmly on the side of vested interests and drain the blood of the entire land. But...does it make sense to do so? Someone will not fight for the king and hegemony, so let this monster come out.
, the possibility of backlash against itself is almost 100%!
Someone still wants to sleep peacefully and find a way home. Instead of being forced into the endless hell of pursuing profits or paying off debts.
I wonder if this halfling woman knows about a certain magician's worries. She thought about the idea proposed by Lin and found no serious flaws, then asked: "The merchants have solved it, but what about the nobles?"