I'm reborn and I'm an international student again?

The venue is now very lively, with the group of people in the audience discussing among themselves.

The fluctuations in the numbers on the screen just now made them furrow their brows deeply.

"What exactly happened?"

Why is the 3X platform losing money?

"I just checked my phone, and the Korean coin has plummeted! The news says that negotiations broke down and Korea rejected the island nation's conditions."

"Why, why is this happening? Mr. Zhu, can you explain?"

The reactions varied among the crowd. Those who had invested were naturally anxious, while those who hadn't invested but were planning to were having second thoughts, and their doubts reached their peak.

"There was a data error just now, everyone don't panic! Our trading action triggered the stop-loss point, so we didn't lose much at all. I'm investigating the specifics right now. All I know is that 99% of investors worldwide lost money; it was an accident! But don't worry, the loss just now is just a drop in the ocean for the company. There's good news coming from the cryptocurrency market, and the platform has already placed two bets while trading forex, so there's definitely no problem here..." Mr. Zhu said, wiping his sweat as he calmed everyone down.

Wang Xianqi also held the microphone and spoke in his place, but his heart was far from calm.

The AI ​​trading system, which he had thought was godlike, had just malfunctioned.

However, as Saori and Kim Nana said, it is very difficult for people who have been brainwashed by Ponzi schemes to wake up.

Wang Xianqi gradually regained his confidence after hearing Zhu's explanations, and he felt that what had just happened was indeed just an accident.

There is no such thing as a 100% win rate in this world. 3X previously claimed that its win rate was only 90%.

General Manager Zhu gave Wang Xianqi a look that indicated he would handle the follow-up work, and then immediately walked out of the hall. He needed to go upstairs quickly to see what had happened.

"Mr. Zhu, are you planning to run away?" A woman's voice rang in his ear as he passed a row of seats.

When Mr. Zhu turned his head, he saw that the two wealthy women were still sitting there, but their eyes were full of contempt.

He had momentarily forgotten about these two gentlemen in his haste, and quickly explained, slapping his forehead, "Gentlemen, look at what you're saying. How could I run away? There was a small problem, and I had to go to the technical department. The forex market is currently very volatile, but thankfully the 3X platform's stop-loss mechanism triggered, minimizing the losses. Now we're preparing to enter the cryptocurrency market to make a fortune, and then re-enter to counterattack once the forex market stabilizes!"

"Do you think we're blind? The screen shows we've lost money, a full two billion!" Jin Nana pointed to the now-black screen.

“Once the stop-loss mechanism is triggered, all operations have already ceased. Those data are merely simulations of what would happen if things continued.” Mr. Zhu’s mind raced.

This explanation seems somewhat reasonable.

“Fine, say what you want. I don’t care where you invest the rest of your money, we just want to see it all go into the foreign exchange market! Let me tell you, don’t try to fool us, information is so readily available these days, I can tell the truth with just one question.” Saori waved her hand.

"Understood, understood. Please wait a moment, I'll be right back." General Manager Zhu nodded and bowed, then quickly walked out.

After everyone left, Jin Nana and Saori exchanged a glance and immediately sent the message to Chen Xi via mobile phone.

Inside the office building.

Although the 3X platform failed, the harvesting in the forex market is not over yet.

“Actually, until just now, I wasn’t confident at all. I thought it was absolutely impossible for the negotiations between the two countries to break down. Even though the company told me the news, I didn’t agree with it. The day before yesterday, I talked to the company, and they said it was the boss’s instruction, and that you had brought it up a long time ago. I want to know, how did you predict that the negotiations between the two countries would break down?” Elaine asked the question that had been on her mind for several days while looking at her computer.

The order came from the American company, and the boss she was referring to was naturally Rogers.

Who is Rogers? He is naturally a high-ranking financial tycoon, but why would he listen to the advice of an unknown nobody?
"Wall Street actually predicted this news a long time ago. There are only three possibilities for negotiations: success, failure, or a long period of no results. They had prepared many scenarios beforehand, such as the possibility that the negotiations between the two countries would lead to the United States, the big brother, intervening. There are several possibilities for the big brother to intervene: either he will favor one side or he will act as a peacemaker..." Chen Xi explained slowly.

"Wait, how can you be so sure that the United States will favor the island nation? I just received news that the United States is going to increase South Korea's military spending. Logically speaking, South Korea will definitely back down. As long as they bow down and promise some conditions that can help the United States, the increase in military spending will be canceled, and the big brother might be happy and help them out. After all, the two little brothers are used to balance the two sides. If one side is too strong, the big brother will feel uneasy. This has always been the United States' unified strategy!" Elaine quickly interrupted.

Her analysis is almost identical to that of most people; people all over the world think the same way.

"That was in the past. You thought Big Brother would put out fires to maintain balance, but you forgot that the person sitting in the Black House now is a businessman."

First, decoupling in terms of security. After the THAAD incident, South Korea wavered between East and West, and the big brother no longer trusted this little brother. A disobedient pawn is doomed once it's broken.

Second, there's the issue of restructuring interests. This supply cut by the island nation is essentially a test for the US on the extent to which South Korea's semiconductor industry is decoupling from China. If South Korea can't hold out, Wall Street can seize the opportunity to acquire shares in Samsung and SK Hynix at low prices.

Third, the ultimate trump card. They're talking about military spending now, but really they're talking about a pledge of allegiance. If South Korea doesn't completely align itself with the West, the Big Brother will let the island nation strangle it. And I suspect that South Korea is currently secretly contacting that major Asian power, preparing for a currency swap… This rebellious behavior means this negotiation is destined to be a clash of titans.

“Currency swap? How is that possible?” Elaine’s eyes widened.

What is a currency swap between two countries?
A currency swap is essentially two central banks issuing each other an ultra-large credit card.

Normal trade requires the use of US dollars.

In South Korea, to buy spare parts, you have to first grab US dollars at the market and then pay for them.

This allows the United States to sit comfortably in the middle and collect tolls.

Once the currency swap agreement is signed, neither side will have to rely on the US dollar anymore.

Other countries give their own currencies, and South Korea gives its own currency. Everyone agrees on the exchange rate, and then exchanges it back when the time comes.

During this period, businesses in both countries settled transactions directly in their own currencies, completely eliminating the US dollar as an intermediary.

In the financial arena, this is a life-saving trump card, and its impact is mainly reflected in three aspects.

Avoiding exploitation: When US dollar liquidity dries up, countries with swap agreements can function without US dollars. Even if the US tightens its monetary policy, it won't be able to exploit this situation.

Stabilizing the exchange rate: If someone shorts the Korean dollar, and the central bank of South Korea doesn't have enough US dollars, it can directly inject a huge amount of foreign currency obtained through currency swaps into the market. This is tantamount to telling global short sellers that they have powerful backers and plenty of ammunition.

De-dollarization: This settlement method will reduce the use of the US dollar in Asia. The less the US dollar is used, the less toll the Black House can collect.

“In this circle, survival is the only hard logic. You think it's impossible because you still regard South Korea as a vassal of the United States, but in reality, they are more like a contractor who is being driven crazy by creditors.”

He tapped on the trade share chart on the screen.

"Look at these figures. Nearly a quarter of South Korea's trade volume comes from that one major Asian country, especially in semiconductors. Samsung has a factory in Chang'an, and SK Hynix has a base in Yanggye City. The island nation has now cut off its upstream raw materials, and the United States is stabbing it in the back demanding protection money. If you were one of those people in Seoul who manage the money, what would you do?"

Elaine frowned in thought, but remained silent.

"The US dollar is indeed useful, but it's also a leash around their necks. When that businessman in the Black House starts tightening the leash, South Korea has to find another pillar to lean on. In this situation, currency swap agreements aren't about political stances, but rather a life-saving fire extinguisher. Using local currencies to settle trade bypasses the dollar's liquidity crunch. This means that even if the US cuts off their dollar supply, South Korean factories can still buy raw materials from major powers and sell their chips. This kind of binding interest is far more stable than those few troop-stationing agreements."

This is exactly what the Wall Street giants are worried about. They want to take advantage of the situation, to use the dollar's hegemony to dismantle and devour South Korea's core assets. But if a major power extends a helping hand and provides South Korea with non-US dollar liquidity, Wall Street's harvesting plan will fall through. This game has long transcended the exchange rate itself.

Elaine was somewhat bewildered. She suddenly realized that her financial modeling, which she had always been proud of, was as thin as a piece of draft paper in the face of Chen Xi's geopolitical perspective.

"Therefore, the breakdown of these negotiations was inevitable. South Korea is testing the bottom line of major powers, while the island nation is acting as America's henchman."

On the screen, the USD/KRW candlestick chart is still trembling.

After Chen Xi finished speaking, he looked at his phone and sighed, "It's a pity, I don't have the money to go back to the cryptocurrency market."

"Heh, I thought you were pretty impressive just now, but it seems you're still trying to have your cake and eat it too. That's a big no-no in the financial world!" The slight admiration that Elaine had just felt vanished instantly.

Upstairs in the hotel.

At this moment, General Manager Zhu was raging in front of a group of technicians.

"What exactly happened? Give me an explanation! Everything was planned out, how could things go wrong!"

The technician, wearing glasses, was extremely busy at the moment. While plugging in cables, he replied, "We just figured out the cause; there was a problem with both the equipment and the network..."

Why did the problem occur?

"No... I don't know... It could be the exchange, or it could be the hotel's network..." The technician wiped his sweat.

Dark's actions were naturally not something an ordinary IT guy would discover, and the clues he left for the other party could only be deduced in this direction.

"Alright, let's not worry about that now. How's the emergency plan coming along?" General Manager Zhu suppressed his anger.

"The system is already running and is buying up goods in the market!" the technician replied.

"Don't make any more mistakes! All we can do now is make up for the previous losses," General Manager Zhu instructed before turning back.

It was already dark by then.

President Zhu's eagerness to return is naturally to reassure people.

The lengthy speech, coupled with the horrific events that had occurred previously, left many people in a state of confusion.

To soothe people's emotions at times like these, it's essential to create a cheerful and gentle atmosphere.

Half an hour later.

Wang Xianqi stood on the stage, looking at the doubtful faces below the stage, then at President Zhu in the corner who was winking at him, and suddenly grinned, raising the microphone in his hand slightly.

"I suspect that the bespectacled teacher who spoke earlier was an undercover agent sent by a sleep aid software. I see some of you are already drooping your eyelids. If we keep listening like this, this conference will really turn into a collective nap session," Wang Xianqi joked self-deprecatingly.

A few scattered laughs rang out from the audience, and the tense atmosphere eased slightly.

"I know what everyone's thinking. The forex market just jerked, and everyone's feeling uneasy. But it's like going grocery shopping and tripping on the way, tipping over your basket. Does that mean we shouldn't eat? Leave the technical stuff to the technicals. Right now, we only have one thing to do, and that's eat!"

As he finished speaking, the heavy door at the back of the venue was suddenly pushed open.

Waiters, who had been waiting in advance, filed in, pushing carts steaming hot food. The aroma of charred steak, the richness of red wine, and the sweetness of various seafood instantly dispelled the oppressive anxiety from before.

"Let's start the buffet and fill our stomachs first. Everyone can eat and chat at the same time. This isn't a lecture, it's a family dinner for the 3X family!" Wang Xianqi waved his arms, and the waiters had already quickly laid out clean white tablecloths on the long tables in the venue.

The tense lecture session almost instantly turned into a lively cocktail party.

The restaurant owners, who had been angrily questioning the food, softened their tone and lowered their voices when they saw the exquisite foie gras and lobster. After all, people are most prone to anger when they are hungry, and once their stomachs are full of high-calorie food, their tempers naturally loosen.

Mr. Zhu hadn't gone far when he turned back at the doorway.

The huge screen in the center of the venue did not turn off; instead, it switched to another, even more frenzied channel.

The screen no longer displayed the wildly fluctuating price movement of Kimchi Coin, but rather a dense array of cryptocurrency trading pairs.

BTC, ETH, LTC...

Green transaction orders flooded the screen like a waterfall.

The investors who were originally planning to leave were holding plates of steak in their hands, but their eyes were glued to the screen.

"Look, you can make money incredibly fast with cryptocurrency!"

"The forex side might have really been an accident. Look at how easily AI is harvesting in the crypto world, it's like mowing grass."

"As Mr. Zhu just said, that was a proactive cut-off to stop losses. Now the focus is on the cryptocurrency market, and the momentum is indeed quite good."

"I feel like what just happened was a little joke the organizers played on us so we wouldn't fall asleep."

The wind in the crowd has shifted.

Wang Xianqi weaved through the crowd with a wine glass in hand, clinking glasses with this person and hugging that person.

He was actually incredibly nervous inside, but he still had to put on that confident smile.

Looking at the frantically jumping green numbers on the screen, I silently recited in my mind.

Ancestors, please don't make the same mistake again.

Those who were temporarily appeased by wine, women, and food were completely unaware that the seemingly perfect transaction curves on the screen had some strange logical connections at certain data nodes.

But fueled by alcohol and greed, who cares about the details? (End of Chapter)