What's wrong with me being a rich man?

Chapter 430 Platform
Liu Jiankai once spent millions of dollars playing the cryptocurrency game, winning approximately 9.7 BTC.

And then... he became President Yu's slave.

So be it, even slaves have their ranks. No matter what, he can create value. And President Yu is a very generous person. It's not unreasonable for him to honestly work as a laborer.

However, as the price of Bitcoin fluctuated, Liu Jiankai, who thought he could ignore it, suddenly remembered a clear number in the quiet of the night.

97165.

This was the exact figure I handed over to General Manager Yu. Later, General Manager Yu rounded it up to a total of 10.

At that time, the transaction price of this batch of goods was $12, which allowed him to recoup some of his losses.

Now... even disregarding market trends, based solely on the precise price at this moment, the value of this shipment is already $6500 million.

From $12 to $6500 million.

Two years...that's all.

541 times!
Nobody would believe that if I told them!
Liu Jiankai stood in front of President Yu, his feelings complicated.

Good news! This move from two years ago was actually a bottom-fishing opportunity!
Bad news, this is buying at the bottom of my own portfolio...

Liu Jiankai wanted to speak but couldn't, and he didn't even realize that his lips were trembling.

Yu Xing noticed this and said seriously, "Liu Ge, do you want your 100,000 coins back? Anyway, I only got a small amount from you. If you want them, I can give them to you."

Liu Jiankai was suddenly shocked, looking at President Yu in disbelief, his breathing becoming heavy.

He hesitated, unable to utter a complete sentence: "I, I..."

Yu Xing blinked and laughed, "I was just kidding. I wouldn't give it to you even if you wanted it."

Liu Jiankai immediately deflated, his eyes cleared, and he spoke fluently.

In that instant, it felt like something was lost and then regained, yet nothing had actually happened.

He muttered, "President Yu, stop playing with me. I don't know how to express my thoughts anymore. I don't understand, I really don't understand, I can't control it. Even if it were here with me, I wouldn't have been able to control it."

Liu Jiankai felt like he had figured things out, but he also felt like he had figured it out several times. In the end, he was still greatly shocked after witnessing the crazy rise in the price of Bitcoin.

He picked up the teacup, tilted his head back, and drank the water in the cup, finally calming down completely.

Immediately afterward, Liu Jiankai asked a question: "President Yu, should we go for this move?"

Yu Xing shook his head: "Immovable as a mountain."

Liu Jiankai took a deep breath and remained as still as a mountain. Damn it, as still as a golden mountain!

He paused for a moment, then said, "Mr. Yu, you're aware of the hearing in the US right now, aren't you?"

“I don’t know much about it,” Yu Xingxian replied, adding, “I think it was just a Senate hearing about Bitcoin, where the details of cryptocurrency were explained to the senators. If any legislation comes into play later, they might have a general idea.”

He paused, then said, "It means everyone has more faith in its future, and the consensus has expanded."

Liu Jiankai sighed this time; those few brief sentences were enough to understand.

He had a brief conversation with others about what happened on the other side of the ocean yesterday, before rushing to President Yu's office today, but none of them had such a precise grasp of the situation—a consensus.

This time, it was Federal Reserve Chairman Bernanke who made a statement, saying that the Federal Reserve has no right to directly supervise Bitcoin. Bitcoin and other virtual currencies may be the future of money, and perhaps one day, Bitcoin will become a faster, safer, and more efficient payment system.

He also mentioned that cryptocurrencies carry risks, so he offered a cautious blessing to Bitcoin.

Even a cautious blessing is still a blessing!

The price of the coin surged dramatically due to this positive news!

Liu Jiankai first learned about Bitcoin through a casual conversation with Mr. Yu. At that time, he didn't understand the consensus algorithm and trust mechanism that Mr. Yu mentioned. Now, this intrinsic essence is increasingly sought after by the market.

He can be certain that this price of 600+ is by no means the peak, and this wave of positive news will inevitably push it even higher.

As for how high it can actually go...

Liu Jiankai found it difficult to judge, but the decision to switch to this market was becoming increasingly urgent. Regardless of how the price of the coin moved, he believed that by creating his own platform and collecting transaction fees, the risk would be reduced.

He took a couple of breaths and brought up the idea again.

Yu Xing looked at Liu Jiankai for a while, but this time he didn't try to persuade him again.

He slowly took a few sips of tea and said, "If you really want to get into this market, then go for it. But when it comes to risks, whether it's regulatory or technological risks, they are quite high."

Yu Xing pondered for a moment and said, "The several fluctuations in the price of the coin are all related to technical issues, namely organized hacker attacks. This is a very important issue. As for regulation, it will not be allowed in China for some time to come. If it can't be done domestically, what are your plans?"

“If there’s no suitable environment in mainland China, then I’ll go to Hong Kong. If Hong Kong doesn’t work out, I can go to Singapore, or Europe, or even the United States.” Liu Jiankai said earnestly, “President Yu, I think this is a viable path.”

Yu Xing asked, "What about your family? Have you considered that as well?"

Liu Jiankai hesitated for a moment, then did not answer.

After a moment, he did not answer the question, but said again, "I still want to do it."

Yu Xing hummed in agreement and slowly said, "Everyone has their own ambitions. If you're willing to try, then go ahead. As for the family, if you go to different places, they can follow you. If you don't want to travel around, you can stay in Shanghai. They're all family."

Liu Jiankai's Adam's apple bobbed, and the atmosphere suddenly became somewhat tragic.

He rubbed his face and said, "Mr. Yu, are you really not going to allocate some of your holdings this time?"

Yu Xing shook his head again, thought for a moment, and said, "Use them when you feel that the 100 coins I left for your daughter are enough."

He deposited 100 coins for Liu Jiankai's daughter, which, at current prices, are worth $6.5.

Liu Jiankai only received $12 from the initial sale, which is more than half of his original income.

But to say that... "very generous" would be an understatement.
Liu Jiankai shook his head slightly, not thinking about it any further. If it really couldn't be done domestically, it would face the same regulatory risks overseas, and President Yu was one of them...

In terms of reputation, Mr. Yu is the kind of person who can persuade departing employees to stay and then distribute the money from the sale of the company among his subordinates!

He is a reliable person in his words and deeds.

We can't just entrust our family to Mr. Xu, can we?

Liu Jiankai considered several names and concluded that President Yu was indeed the most trustworthy.

He drank cup after cup of tea, and after making his decision and receiving Yu's cautious support, he began to express his ambitions.

However, no matter how you envision the cryptocurrency market or plan the future of trading platforms, early technical teams and financial support are also crucial.

Liu Jiankai drank tea until he felt the urge to urinate, and finally, he received a message from President Yu.

"You should first build up your team, see how much funding you need, and figure out the process." Yu Xing hadn't paid attention at first, but seeing Liu Ge lingering, he remembered the money. "This kind of investment won't go through my name or Lingang's side, nor will it go through Hongjun, but I can still support you." Liu Jiankai breathed a sigh of relief, nodded excitedly, and finally, needing to urinate, bid farewell to his boss.

There are already stock exchanges in China, and I have done some research on them. Now I will draft the specific articles of association.

BTC, your brother Liu is here!

……

Liu took it.

Yu Xing sat in his office for a while and pondered the matter. This vice president, who came from Capital Today, was definitely capable, but whether he could actually do a good job with the trading platform... If he couldn't do it well himself, then he would find someone else to help him.

Going over the mountain peaks can provide access to more discreet funding channels.

Perhaps, in the future, we can also cultivate better political and business relationships overseas.

He reread the minutes of yesterday's US Senate proceedings, browsed through information from several domestic and international stock exchanges for a while, then silently put them down and continued with his work.

However, the price did not continue to rise after a day, but instead experienced a pullback.

Yu Xing didn't ask Liu Ge, but Liu Ge sent a message on WeChat to share his thoughts, believing that this was a normal adjustment. The daily closing price showed an extremely long lower shadow, which proved that there had been sufficient turnover of shares. It was just that the floating shares from the previous profits had been cleared out, increasing the cost of retail investors' holdings. There would inevitably be an accelerated upward trend afterward.

He thought Liu Ge's performance was quite professional, and he also gave his attitude directly: "Don't send me this."

Liu Jiankai left a string of ellipses and then fell silent.

On November 23, a clear message appeared on the Baixiaosheng Forum: Alibaba's short video team, codenamed "YouShi," has been merged into WeChat.

This revelation is extremely reliable because the poster did not remain anonymous at all. Instead, they came with an account verified by Alibaba to complain. They thought it would start a new chapter in their career, but they didn't expect to be directly ruined by Dr. Yu.

This is the first time the outside world has heard of Alibaba's short video app, but it will probably be the last.

Alibaba held intensive internal discussions and made a swift decision, concluding that WeChat, as a super app, was more worthy of investment of energy and resources. While the future of short videos is uncertain, instant messaging has already proven its power with Tencent.

The news reached Tencent's Weishi team within half a day.

Xing Hongyu held a small meeting that evening to discuss the next update for Weishi, not wanting to mention anything about the outside world, but the others still raised concerns.

These things don't disappear just because they're not mentioned, nor can they be ignored by closing your eyes.

Xing Hongyu listened to everyone's thoughts and remained calm.

His underlying emotion remained despair, but after despair, he threw himself even more into his work. Many things are beyond his control; the only thing he could control was himself. Regardless of the outcome, he had a clear conscience.

“We need to compete with external forces. Weibo’s Miaopai’s daily active users are growing rapidly, and Kuaishou is also doing well now. But we also need to compete internally. If Wechat really adds short video functionality, we will need to compete with it for internal resources.”

This was the first time Xing Hongyu had explicitly brought up internal competition, and he immediately saw the surprise of his colleagues.

Internal competition certainly exists, but talking about it by name like this is a bit... inappropriate.

Xing Hongyu ignored those and continued, "Regardless of external or internal competition, we can only achieve greater development by doing our jobs well. Those competitions will not decrease in the slightest because of our worries or concerns."

After saying that, he pondered for a moment and said, "President Yu has played a trick this time. I think Carbon Silicon Data may also enter the short video market in the future. This time, he is trying to curb Weishi by using the competition between WeChat and Weichat. Perhaps he is worried about our efforts."

Xing Hongyu repeatedly thought about his communication with President Yu, and then assumed the worst about him. Suddenly, he felt that he could figure him out!

If that's really the logic... what a rotten seed...

Xing Hongyu looked around at everyone and said, "The more President Yu opposes it, the more correct we are!"

At this point, a deputy director said weakly, "The problem is, he not only opposes it, he also tries to sabotage it."

Not only that, but bad tricks can also be useful.

Xing Hongyu almost lost his composure, but he managed to control his emotions and try his best to encourage everyone.

However, the next day he was summoned to the office by President Liu Chiping and informed of the latest news—WeChat is very likely to integrate short video functionality into Moments.

Xing Hongyu's face turned ashen: "President Liu, social media and content are absolutely two different paths. Yu Xing is forcing Tencent to abandon short videos! You've fallen into his trap!"

Liu Chiping countered, "What's his motive?"

Xing Hongyu breathed a sigh of relief: "Carbon Silicon Data will definitely make short videos too! Carbon Silicon Data's latest hot topics and WiFi Key have traffic. Once we can convert that traffic, it will be the rise of another content app! And it will be video content that fits the development of the mobile Internet!"

Liu Chiping frowned and said, "You need to do carbon and silicon data too? I didn't hear him mention that to you?"

“He didn’t tell me, he, he…” The more Xing Hongyu thought about it, the more logical it seemed, and the more frustrated he felt. Overwhelmed with emotion, he exclaimed indignantly, “I can call him, I can ask him directly!”

As soon as he said that, he took out his phone, opened WeChat, and dialed Yu Xing's number.

WeChat was activated quickly.

Before Yu Xing could speak, Xing Hongyu directly questioned, "Is Carbon Silicon Data also going to make short videos?! Is it?!"

Yu Xing hadn't communicated with General Manager Xing on WeChat for a long time, so he was puzzled to see a voice call.

Instead of answering the question directly, he laughed and said, "What's wrong? Still chatting with me on WeChat? Aren't you afraid Pony will misunderstand?"

Xing Hongyu suddenly felt as if a bucket of cold water had been poured over him.

His gaze shifted; Pony wasn't there, but Liu Chiping's expression was subtle.

Since Xing Hongyu had already made a voice call, he was unwilling to remain in such an awkward situation without achieving anything, so he gritted his teeth and asked, "Do you dare to admit that Carbon Silicon Data also wants to make short videos?!"

"Huh?" Yu Xing still didn't answer directly, and asked in confusion, "President Xing, why are you so excited? What's wrong, are you trying to recommend yourself?"

Xing Hongyu: "..."

He felt himself starting to sweat.

Yu Xing asked with a smile, "Does Tencent not want you to make Weishi anymore? Do you really want us at Carbon Silicon Data to make short videos? Don't rush, tell me slowly, I want to hear your thoughts. By the way, how are the data for Weishi going?"

Xing Hongyu stopped talking, hung up the call in despair, and then looked at President Liu Chiping.

Liu Chiping also looked at Xing Hongyu.

After a long time, Liu Chiping made a small request: "Try not to leak the data."

Xing Hongyu's voice sounded weak: "I didn't leak it!"

Liu Chiping nodded: "Okay, that's good. You can go now. I trust you."

Xing Hongyu walked out of the office, feeling as if he had also walked out of the penguin.

(End of this chapter)