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Chapter 5 Explanation

Time passes slowly like this.

On this day, Li Mu suddenly received a call from China that Su's mother had passed away.

Wu Fei saw Li Mu's expression was different and asked in confusion: "Mingzhe, what's wrong?"

Li Mu sorted out his thoughts and sighed softly: "Mom is gone!"

"Ah! How is that possible? Isn't mom in good health?"

Wu Fei was really surprised. When they got married, Su's mother came over. Although she walked with a professional softness, everyone could see that Su's mother was glowing and full of energy.

Besides, as a nurse, she should be the best at taking care of herself. How could she be so young and just retired...

Li Mu was silent for a moment and nodded.

"I'm going back to China to take care of the funeral arrangements. For a while, I'll have to take care of the baby alone."

Wu Fei nodded, suddenly remembered something, looked a little hesitant, opened his mouth, and said: "Mingzhe, I heard that your company is laying off employees, and the scope is quite large. During this critical period, if you return to China, will you

in trouble!"

Li Mu wanted to explain the company's layoff standards this time. Under normal circumstances, as a key technician, he would not be laid off even if he returned to the country at this time.

However, he will indeed be laid off in the future. Regardless of this, he does not care about this job.

But Wu Fei doesn't know this.

For her, when her mother-in-law, whom she had only met twice, passed away, she didn't have much thought except worrying about her husband and feeling sorry for her mother-in-law's untimely death.

She is more concerned about Mingzhe's work problem. In the United States, for families like them who don't have much savings and need to maintain a house, a car, and a child... unemployment is a very serious matter.

If you can't find a new home and squat there, it will be even more serious.

Not only is the quality of life declining rapidly, it is also related to survival issues.

Facing Su's mother's death, Mingzhe didn't have to be calm, she had to be calm. She would still have to live in the future, and her baby also needed a good growth environment.

After a moment of silence, he spoke again: "Mingzhe, you're going back to China for a week and you can't come back. It's also a critical period of layoffs. Aren't you giving someone a thumbs up?"

“What if I lose my job?”

"Our family doesn't have much savings, we have a baby to raise, and we have to pay off the mortgage..."

"I…"

The circles under his eyes started to turn red.

Li Mu sighed softly, walked forward, gently held her in his arms, and patted her back.

After a long while, he said: "Don't worry, Feifei, don't worry about money, I won't make you work so hard in the future."

Wu Fei was also a little confused, thinking he was saying comforting words.

He looked up doubtfully.

Li Mu met her gaze and said, "Do you know about virtual currency? It's the kind that's very popular on the Internet right now."

Wu Fei's eyes were bright.

"You mean BTC? I heard that the price of a single coin has exceeded 10,000 US dollars."

Li Muchao: "Yes, it also includes cryptocurrencies similar to BTC, which have been very popular online recently. Like Litecoin, Ripple, and Dogecoin, they were worthless in the first two years. They are everywhere on the Internet and are easy to get."

"In recent times, as the market has become hotter, everything has been speculated. In some months, the price has increased hundreds of times."

Listening to Li Mu's words, Wu Fei had some speculation, and her eyes became brighter and brighter.

"I heard that BTC used to be very cheap. Tens of thousands of them could be exchanged for a pizza. Now it is worth hundreds of millions of dollars, which is millions of times more."

"Did you ever..." He looked over with burning eyes.

As a graduate student majoring in computer science at Stanford, and in Silicon Valley, the global IT technology center, many technicians have played with virtual currency and studied blockchain in private. Su Mingzhe, who has been here for 10 years, has played with it and holds some in his hands.

, not surprising at all.

Li Mu nodded, looked at Wu Fei who was full of surprise, considered his words, and tried his best to find a reasonable explanation for this speculation gain.

"I used to play it without thinking of making money, but then the price went up, so I threw it away and didn't make much money."

"Later on, some new cryptocurrencies appeared. When I saw those I was interested in, I bought some, using the money I earned on BTC, which was equivalent to no cost. At that time, the price was very cheap, just like picking it up for free.

"

"Although it increased a bit later, the total amount was not large, so I didn't pay much attention."

"I didn't expect that the price has gone crazy in recent times. It has risen a hundred times, a hundred times. Only then did I realize what a huge amount of money this is."

Li Mu's words made Wu Fei excited. When you are not a family member, you don't know how expensive firewood and rice are. But in the United States, it is easier to feel the importance and magic of money.

This is a paradise for the rich and wealthy, not for the middle class, and certainly not for the poor.

After a while, Wu Fei calmed down, her face was red and she had a strange charm.

Then, as if she remembered something, she wrinkled her delicate nose and asked with a straight face:

"Why didn't you tell me about this earlier? You know our family situation. We have a good income and a lot of expenses. We don't have much savings at all. We still have a mortgage and a baby..."

Li Mu said: "Didn't this just increase recently? The price used to be too low. There was not much money in total, which was equivalent to a few months' salary."

Wu Fei snorted and said: "My salary is quite a lot in a few months. Why don't you tell me? Do you want to hide it and use it as private money?"

Li Mu said helplessly: "I didn't want to hide my personal money. I was just afraid that you would find out and think that this kind of virtual currency is all a scam. You won't let me play with it, so I sold it all."

Wu Fei's expression was stagnant. What Li Mu said made sense. She never felt that this kind of thing had any value. Even if the price is now as high as 10,000 US dollars, she didn't feel that it had any practical use.

If it had been known in advance that Su Mingzhe had so much virtual currency, he would not have kept it anyway and would have forced him to sell it to support his family.

In that case, it would be impossible to keep up with this huge market increase of 100 times.

Wu Fei felt inexplicable for a moment. It seemed that men should not be too tight or too lenient. Otherwise, if you don't pay attention, you will miss many opportunities.

Thinking of this, his face turned red, he was silent for a moment, and he didn't know what he thought of, and said softly: "Have you cashed out everything?"

"not yet!"

Hearing Li Mu's answer, Wu Fei became worried again.

"It has doubled so many times, why don't you throw it away? Virtual currency has no value. The price is speculated. It's better to be safe and secure."

Seeing Wu Fei's worried look, Li Mu held her slender white hand and patted the back of her hand gently.

"Don't worry, I know it in my heart. After a while, I will find a suitable price to sell it."

Seeing Li Mu's firm attitude, Wu Fei couldn't say anything anymore and could only settle for the next best thing.

"Then, can you sell some first, get some cash, and be safe?"

Wu Fei's suggestion is more reasonable from the perspective of risk aversion.

Li Mu could only explain: "Feifei, there is one more thing I haven't told you. In order not to miss this wave of market prices, I added leverage on the exchange some time ago."

Wu Fei was stunned for a moment and understood what Random meant.

After adding leverage, if you do not close the leverage and repay the funds borrowed from the platform, even if you sell part of it, you cannot withdraw cash from the platform.

She was a little angry for a moment and opened her mouth. After all, no words of complaint came out. After a while, she said:

"Mingzhe, it's too risky for you to do this!"

Li Mu held her hand tightly, half explaining and half comforting: "Feifei, this is a big market. I have been studying it for a long time. If everything goes well, we will have wealth and freedom in the future."

"When the time comes, we will change to a larger villa and buy a yacht to enjoy life so that our daughter can have better living conditions and receive a better education."

"We can also choose a place with beautiful scenery, buy a farm, and experience the joy of nature."

"If you want, you can also bring your father-in-law, mother-in-law and father over and honor them..."

Listening to Li Mu's description, Wu Fei's eyes flashed with longing and longing.

After a long while, he sighed and said: "It's up to you. It was an unexpected fortune in the first place. If we really pay it off, we can just pretend it's nothing and continue to live our small life."

"Honey, you are so kind!" Li Mu said and kissed Wu Fei on the face.

Wu Fei rolled her eyes at him: "I now understand why you didn't tell me about this in advance and waited until now."

"Aren't you just afraid that if I find out, I don't want to take risks and force you to cash out?"

"Even if you haven't sold it and have been holding it until now, you will not be allowed to take risks and increase leverage."

"However, since that's the case, I won't cause any trouble for you. Just follow your ideas, as long as you don't fall down."

He said with some regret: "I originally thought I could cash out a sum of money and you could use it when you return to China, but now I can only spend the little money I have at home."

Li Mu remembered something, took her hand and sat on the sofa, opened his notebook and said:

"You can't move the leveraged ones on the exchange, but I still have some scattered ones in my computer hard drive. I can sell them to get some travel expenses."

What he was talking about was that the Ripple coins he bought for $8,000 each last time had risen more than 20 times during this period.

After listening to Li Mu's words, Wu Fei also came over curiously to see his operation.

The transaction went smoothly. Li Mugang put up the order, and soon someone took over and the transaction was successful.

After deducting the transaction fees and commissions, I chose to withdraw cash. Soon the mobile banking SMS alert sounded, and Wu Fei rushed to take it to check.

When I saw the text message notification of the arrival of US$185,000, everyone became excited.

No matter how good Li Mu said it before, what is freedom of wealth! What is a farm villa? There is no concept at all, and there is no shock from real cash.

Think about it, these are just some scattered cryptocurrencies in Li Mu’s computer hard drive. So much has been sold. The bulk is still on the exchange, and leverage has been added. How much will it be worth in the future?

I was shocked for a long time, then looked at the figure of 185,000 US dollars, and finally calmed down. I asked curiously: "Mingzhe, were these very cheap before?"

Li Mu thought about the price of Ripple in previous years.

"Two or three years ago, it was only worth a few dozen dollars."

Wu Fei was completely stunned.

"What was a few dozen dollars two or three years ago has become $185,000 today, an increase of several thousand times."

However, considering that BTC has multiplied millions of times in seven or eight years, it doesn’t seem to matter.

Reality is more magical than imagination. There is no shortage of miracles in the world, but there is a shortage of people to discover them.


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