Chapter 1056 Excess performance? Make a digital currency for fun

"Currently, SMIC is still researching the most advanced 28-nanometer process. As long as this process matures, we can hand over the latest designed Huaxin No. 5 chips to them for production. Our chips have 2,880 flow lines. The processor has a bandwidth of 288GB per second, so one graphics card is equivalent to the computing power of four existing graphics cards. We have inserted eight Huaxin No. 4 graphics cards into this device, but if we plug in our Huaxin For number five, two yuan is enough.”

 Qin Tao nodded, and then said with emotion: "Hua Xin, this is a good name!"

  The central processor is called Loongson, the display core is called Huaxin, and the manufacturer is called SMIC. These are all very meaningful names. Qin Tao is very satisfied with these names.

“Well, we reported it to the group at that time, and the group gave us the name.”

 Started by the group?

Qin Tao looked around and did not see Zhao Ling. The weather was cold, so Zhao Ling did not follow him to the Wasteland Village. Instead, he was in the capital. In addition to handling official duties, he could also spend time with the children. After all, the children They're on holiday.

This name must have been given by Zhao Ling. This wife of mine is already able to take charge of her own affairs. She can make decisions on such matters without reporting to herself.

“Well, Huaxin No. 4 should be for personal use, right?” Qin Tao said: “What are the performance of Huaxin No. 3?”

"It has similar performance to the chip being developed by NVDIA." Mr. Ni said: "When their chip has invested heavily in research and development and is put on the market, we will reduce the price of the high-end Huaxin No. 3 to occupy the market at a low price and let their chip research and development You’ll lose all your money, and if it goes well, you’ll be able to defeat your opponent directly.”

There is no need for Qin Tao to arrange these, Mr. Ni and others can do it by themselves. This is how Intel was brought down. If it were not for the continuous blood transfusions of the US government, Intel would have fallen long ago, and its other opponent AMD is much smarter. Directly handing over chips to SMIC for OEM, the relationship with the East is pretty good, and supporting AMD is also to avoid the so-called monopoly. Anyway, AMD, which relies on its own OEM, has no threat. If they dare If something goes wrong, we will directly stop the OEM and let them lie down completely.

There are still several giants in the display chip field, and they are now in competition. Although Huaxin is far ahead, it will still take several rounds to defeat them.

 Qin Tao nodded: "Ignore other graphics card manufacturers for now, first **** NVDIA."

Hit whoever is strong, and leave only one person alive in the end.

"Mr. Qin, due to the advanced performance of our chips, we can expect that in a few years, when our Huaxin No. 5 is put on the market in large quantities, the graphics cards will have excess performance. By that time, our profits will be It may be lowered." Mr. Ni continued.

 Just like today's processors, the performance has begun to appear excessive. Fortunately, computers in other countries are still lagging behind, so Loongson can still sell a large number of them, but what about the future?

 They must plan ahead.

"A graphics card will never have excess performance. Its powerful computing power has many uses. If we want to engage in high-performance computing, we must have advanced graphics cards. For example, our cars and airplanes must realize automatic driving. Here are We need to use the computing power of the graphics card. We need to engage in artificial intelligence, big data, etc., all of which require powerful computing power."

"However, these are all professional fields. If we are facing the public, we will still face a shrinking market, right?" Mr. Ni asked.

 Professional fields require powerful computers. The more powerful the better, there is no limit. However, this field is not wide after all. Even if the car has the ability to drive automatically, who would dare to use it? Aren’t the cars running on the road just ordinary cars?

 Where should computers with ever-expanding production capacity and ever-evolving performance go?

“Yes, this will happen.” Qin Tao nodded.

"Currently, Goose Factory is developing a new generation of games with more beautiful graphics and stronger graphics card computing power. However, this is limited after all. At most, an individual can only face an LCD monitor, which cannot be like our professional simulators. , with multiple monitors, each of which must display various images realistically.”

“It seems that we have to create a new field.”

"What field?" Mr. Ni was very excited. He already had a hunch that the project Mr. Qin was going to talk about would definitely be earth-shattering.

"A decentralized currency system." Qin Tao said: "Currently, the currencies of all countries in the world are issued by themselves. Since no currency is anchored to gold, all countries can continue to print Banknotes are used to make up for fiscal losses, which leads to currency devaluation and inflation, especially in the United States. They can continue to print green coins and then spend them all over the world to enjoy themselves, and then bring inflation to the whole world."

“Decentralization? What do you mean?” Wu Shengli said.

He followed Qin Tao, but after arriving here, he had been a listener and did not speak. Now that he heard this new thing, he finally couldn't help but speak.

What is this?

"Ordinary currencies are issued by governments of various countries. They are centralized and lack supervision, which leads to the frequent problem of excessive currency issuance." Qin Tao said: "And we are designing a brand new electronic currency on the computer network. , this currency does not have a centralized issuer, but is calculated and generated by any computer on the computer network. In this way, anyone can participate in the production of this currency, and can also use it on any computer in the world with access to the Internet. Buying and selling on a computer, anyone can mine, buy, sell or collect this digital currency! Its emergence will bring world finance to a new era!"

Wu Shengli was a little confused: "I don't understand, please make it clearer."

"This is a data currency created on a computer through a special program. It consists of a series of complex codes generated by the computer. Its biggest feature is that the total amount is certain, so that every digital currency can Maintain a certain value and will not shrink due to the issuance of additional currency.”

"The data currency created by computers is just a string of codes?" Wu Shengli immediately shook his head: "Without government endorsement and no anchor to any general equivalent, isn't this thing a lie? Even if the U.S. dollar continues to be issued in excess, it will still be the same If you can buy things internationally, what is the value of the digital currency you are talking about? If you say it can be bought, others can buy it. If you say it is not in circulation, it will not be in circulation!"

Qin Tao smiled: "Sure enough, Jiang is still hot when he is old. Dad, you can see this problem at a glance."

  In the future, all countries will engage in digital currency, and the RMB also has a digital currency. This thing is endorsed by the state and issued by the central bank. Although it is just a string of numbers, it has value and is equivalent to normal currency.

 What about digital currencies like Bitcoin? It is purely a game of passing flowers by beating drums, just like the original stamp speculation, soybean speculation, etc. If a group of people pass it around in the circle, it has value. If you fool a small country into announcing that Bitcoin is the country's legal tender, it will be even more valuable. It's convincing. If a big player claims that it can use this currency to buy its own products, that would be even better.

“Mr. Qin, does this kind of computer-generated data currency require a lot of calculations?” Mr. Ni is concerned about another aspect.

"Yes, it requires a lot of computing power." Qin Tao said: "We need to design a complex algorithm, the more complex the better. Under this algorithm, the total amount of currency is certain, and at the same time, the amount of currency will change with time. It decreases over time, say, every four years to half of what it was before.”

"Yes, this is also in line with people's psychology." Mr. Ni said: "The first currencies are easy to obtain, and then we have to do some operations to make these currencies have a certain value. After others see this value, they will We will invest in it, purchase advanced computers, and try to calculate more currencies. But how to make this currency recognized is not easy."

“Isn’t it easy? When the time comes, as long as our Golden Sun Electric Vehicle publicly announces that we accept using this currency to purchase electric vehicles, won’t it be valuable?”

Delano and Xiang Jing listened on the sidelines, extremely shocked. Such a shocking conspiracy was placed in front of them!

Delano swallowed and said: "It seems that I have to join first. This kind of project is a kind of drumming and passing flowers. The one who comes in first will have an advantage, and the one who comes in later will probably lose everything." With more and more equipment, there will always be a time when the investment is not as good as the income, and it will be completely ruined. And those who get in first, even ordinary computers, can calculate a lot of money!

Delano should invest in it first, and then try to get a Golden Sun electric car! Although he just said so, Mr. Qin would give it to him, but he was embarrassed to do such a thing.

“You guys work together to deceive people, is that okay?” Wu Shengli asked.

 “What’s wrong?” Qin Tao said: “This can also develop the economy.”

“If you use computers to calculate a bunch of things that have no actual value, what kind of economic development is this? The consumption economy is almost the same. This thing must consume a lot of electricity, right?”

“That’s right, so this thing needs to be developed in the West.” Qin Tao said.

“The program is left to Goose Factory to develop, and we will be responsible for developing advanced graphics chips to provide high enough computing power.” Mr. Ni said: “This can also stimulate a wave of demand.”

“Yes, that’s it, tell them the plans I mentioned, using P2P technology, which is a peer-to-peer electronic advanced system.” Qin Tao said: “By the way, we have to give this digital currency a name.”

“Since it is a digital currency, how about calling it Bitcoin?” Mr. Ni suggested.

Bit is the basic unit in the digital world. It is called Bitcoin, which embodies the meaning of this digital currency. Originally, Qin Tao was thinking about calling it Dogecoin or something like that. Since Mr. Ni said this, he will No more hesitation.

“Okay, let’s call it Bitcoin. Within this year, we will publish a Bitcoin white paper, and then it will cause an uproar in the world. They will first analyze whether Bitcoin is a scam.”

Wu Shengli smiled helplessly on the sidelines. You also know that this thing is a scam.

"However, when it comes out, after many people wait and see, we will announce that we accept Bitcoin to purchase Golden Sun electric cars. This will cause everyone to flock to it, and our Huaxin No. 5 graphics card will become a hot commodity. ." Qin Tao said: "At that time, we have to maintain the original price, but instead of putting it on the market, we will find a few downstream manufacturers to specialize in Bitcoin mining machines and equipment, and let them bid to purchase graphics cards. In this way, the price of graphics cards It will rise all the way. Even if we sell it for 3,000 yuan a piece, if it reaches the downstream, it will be no problem if it is hyped to more than 10,000 yuan, and we will make a lot of money."

How did profiteers become? Now is a living example before our eyes!

"In this way, economic experts will no longer analyze whether Bitcoin is a scam, but will analyze whether Bitcoin will become the mainstream currency in the future. This question will focus on the deflationary characteristics of Bitcoin. We only need to spend money Just hire a few economic experts to cheer us up and criticize the inflation in various countries."

Normal central bank issuance of currency is definitely inflationary. After all, it is most convenient for governments of various countries to directly start the money printing press once they are short of money. Moreover, under the modern trading system, as long as the U.S. dollar money printing machine starts If it starts, the central banks of other countries will have to follow suit. This is determined by the world economic system.

 However, when it reaches the hands of the people at the bottom, inflation is a painful term. They originally deposited one million in the bank and could buy a building, but ten years later, they could only buy a bathroom.

Ordinary people are definitely against inflation, which is exploiting the wealth they have, so they will be more interested in Bitcoin. After all, Bitcoin will not be over-issued, there is only so much in total.

  Government intervention in currency should be as little as possible, the total amount of money should be fixed, and deflation should be a sign of social progress!

“This kind of currency is circulating around the world, does it mean that money laundering is also easy?” Wu Shengli asked.

"Yes, one of the great uses of this thing is money laundering, so whoever supports it will have problems. If he doesn't have a lot of Bitcoins in his hands, he is engaged in shady activities." Qin Tao said: "Money laundering, international black market transactions, etc., can all use this currency. Therefore, although we invented this thing, we absolutely cannot admit that we have to find someone who has nothing to do with us to publish the Bitcoin white paper, even if Some people know that we are behind the operation, and we absolutely cannot admit it!"

This thing is a scam. It rises and develops, but will eventually fall. Therefore, a fig leaf must be created.

Mr. Ni nodded: "No problem, just leave this matter to us. Mr. Qin, you are so awesome, you always come up with such good ideas."

"Well." Qin Tao glanced at Wu Shengli: "Dad, although this is a scam, it is good for us. You just said that this currency can be popular all over the world. Think about it, Since it can be popular all over the world, will it affect the circulation of U.S. dollars?"

 This thing is a world currency, so it will naturally attack another world currency!

 The reason why the Americans are powerful is not only the military machine, but also the hegemony of the US dollar.

"Yes, it can attack it, but it cannot shake its foundation." Wu Shengli is a man who understands: "Your Golden Sun Electric Vehicle can accept Bitcoin payment. After all, it is not much money. The warships built by your Mingzhou Group also accept it." Try buying Bitcoin?”

Thinking of that scene, everyone felt a chill and looked at Qin Tao with sympathetic eyes. Did they dig a hole for themselves?

Qin Tao smiled: "Of course we will not accept Bitcoin purchases, but we can accept purchases of another digital currency, such as our RMB, and we can also launch digital currencies. In the future, we need to vigorously promote it. This is strategic meaningful."

Wu Shengli rolled his eyes at Qin Tao: "What's the strategic significance? Isn't it still a lie?"

"Of course not. Compared with virtual currencies like ours, digital renminbi is legal currency, equivalent to each other. It is issued by the state and endorsed by the country's credit. When it is operated, it is a two-tier operating system. The state first puts the digital renminbi into Exchange it to designated operating institutions, and then they exchange it to the public. In this process, the operating institutions need to pay 100% of the reserves to the country, that is, a one-to-one exchange. This digital RMB can break the hegemony of the US dollar and bypass swift settlement system.”

Wu Shengli’s eyes immediately lit up.

 It is not only oil that maintains the hegemony of the US dollar, but also the international monetary settlement system.

In the 1970s, business exchanges between countries were very frequent, and fund transfers around the world became a big problem. Needless to say, even domestic currency transfers on a global scale might take several days. Transfers and settlements on the Internet often take a week or two, which is unbearable for large companies and is not good for international trade.

So the Americans took the lead and established this global currency settlement system. This system is an important global financial infrastructure, providing safe, reliable, fast, standardized and automated communication services for cross-border settlement, and improving the convenience of global payments. ,being widely used.

 However, things change after using it. This system is not only used for estimation and settlement, but also becomes the best hegemony tool for some people.

All international trade data is in this system, and some people can search it at any time. If they find that certain transactions are unfavorable to them, they can wield the big stick of sanctions, and even impose sanctions on certain transactions when necessary. Customers are kicked out of this system, making it impossible for them to conduct international transactions. After all, everyone is already used to this system.

As a result, the SWIFT system has become a tool for Western countries to finance sanctions, and it no longer has the principle of "neutrality". Of course, this has caused many countries to begin to look for alternatives, and the process of de-dollarization has deepened.

 (End of this chapter)