Hexagonal God

Chapter 637 Benchmarking
The soaring price of Mobi has caused panic in the Western world.

The New York Times and the Wall Street Journal each published lengthy reports on the issuance of SuTang Group's MoCoin, focusing on the theme of "currency wars."

The main point is that they absolutely cannot lose this currency war. Now that we live in the internet age, virtual currencies will become the main transaction currency on the internet in the future, and also a type of commodity.

This is a future trend, and if the United States loses in this currency competition, it will lose its future.

The article describes this currency war in a very important way, and it has also been widely recognized by people in the Western world.

The internet is indeed a global trend, and that is unstoppable.

Currently, there is indeed no unified currency on the internet.

If anyone can issue a unified currency on the internet, then without a doubt, he will become the richest person in the world, and it wouldn't be an exaggeration to say that he will control the world's economic lifeline in the future.

Therefore, in their articles, these newspapers emphasized the importance of virtual currency, saying that it is the future form of currency to replace the US dollar, and that the United States cannot afford to lose it.

Previously, Bitcoin held a monopoly, but now that it has a competitor, the United States is starting to get nervous.

Bitcoin surged by a third yesterday, while Mobi also saw a dramatic 25-fold increase, creating a comparable trend.

Of course, neither Bitcoin nor cryptocurrency can rise as much today, but no one knows exactly how much they will rise.

The Western world is now extremely afraid of Su Mo.

Having suffered repeated defeats at Su Mo's hands, a sense of fear had taken root in him.

This currency war is mainly a direct confrontation between the American families, financial groups, military-industrial complexes and other interest groups and the Su-Tang Group.

Of course, this is inseparable from the support of the state, so this currency war is going to be fought, and whoever is in charge will continue to increase their investment and efforts.

However, no one dares to say exactly how much can be invested.

The following morning, several wealthy individuals from the United States took to the internet to express their support for their country's participation in this currency war.

This includes figures like Bill Gates, Warren Buffett, Mark Zuckerberg, and Elon Musk, all of whom have made statements on social media.

Another person from the Rockefeller family in the United States also spoke out.

Peggy Durrani, a woman, is currently the head of the Rockefeller family.

This middle-aged woman stated that the United States cannot afford to lose this currency war, and if necessary, the Rockefeller family will allocate one to two trillion US dollars to win the currency war.

"Our country cannot lose, especially not to Su Tang. I admit that Su Mo is a business genius. He said that he has made huge returns in every field he has invested in. To be honest, I like him quite a bit and even thought about becoming friends with him. But unfortunately, we are now rivals. In the field of virtual currency, we cannot tolerate Su Tang taking the lead. Therefore, I can only apologize to Su Mo. You will witness the true power of capital."

Durrani's words gave the American people a lot of confidence.

As the first and second largest family in the United States and the world, the Rockefeller family's statement carries significant weight.

This family monopolizes the United States' oil industry, as well as the equity of fifty major American companies, including Manhattan Bank, and countless commercial banks and insurance companies.

Of the top 50 banks in the United States, 25% belong to Rockefeller.

As for the national insurance industry, their family owns 30%.

Then there are the foundations. This family has more than two hundred foundations. They indirectly control global assets through their power and wealth. Moreover, the financial statements of these foundations do not need to be made public. The assets they actually control may be far more than the figures on the books.

In addition, they have a large amount of assets and shares on Wall Street and at the Federal Reserve.

According to conservative estimates, the family has at least 30 trillion US dollars in assets.

Optimistically speaking, it even comes close to the Rothschild family's figure of 55 trillion.

Therefore, Su Mo's total assets of nearly 500 million US dollars are really nothing compared to this family.

After seeing Dulani's statement, Su Mo knew that this currency war might last for some time.

However, Su Mo wasn't worried about anything. In terms of capital, he certainly didn't have the financial resources of those American conglomerates and families, but so what?

His fan base is about to surpass two billion.

Two billion fans will provide a continuous source of power for SuTang Group and Mobi.

As the old Chinese saying goes, "He who wins the hearts of the people wins the world." Su Mo's huge fan base will provide a continuous source of momentum for Mo Coin, causing its market price to rise steadily.

Therefore, in the early and middle stages of the currency war, Su Mo did not need to invest a single penny to watch Mo Coin soar.

The situation is different in the United States. In order to maintain Bitcoin's leading position in the virtual currency market, they need to provide substantial financial support.

Otherwise, if they are surpassed by Mobi one day, what kind of leading currency will they be?

Su Mo wanted to see just how high Mo Coin could rise, thanks to its own rapid growth.

On the SuTang cryptocurrency exchange platform, trading of Mobi continues uninterrupted.

The website's traffic is now terrifying, because due to the time difference between the Eastern and Western hemispheres, there are people trading on the platform almost all the time.

Even after the peak trading period, the platform's user base remained around 50 million, indicating it was overcrowded. Meanwhile, the price of Mobi had risen to over 34,000 RMB per coin by the afternoon of the following day.

Anyone who keeps an eye on the platform can see that the acquisition price has been steadily rising.

Although the price increase wasn't as rapid as yesterday, there was still buying activity, with prices constantly rising.

The minimum price increase is 100 RMB. Although the price has remained high, after one night, there are not many people willing to sell Mobi.

At Su Tang Group, there were some sporadic transactions yesterday where Mo Coins were used to replace cash, but only a mere 7,000 Mo Coins flowed back, which shows people's confidence in holding Mo Coins.

The closing price on the second day was 36,500 RMB, an increase of 11,500 RMB compared to the previous day.

The one million MoCoins issued the following day were based on the previous day's deadline of 25,000, and they sold out instantly.

The one million coins to be issued tomorrow will be priced at 36,500 yuan.

Bitcoin also rose today, with interest groups in the US continuing to intervene, pushing Bitcoin higher. It rose by $2,000 compared to yesterday, reaching $37,000.

In comparison, Bitcoin's increase is higher than that of Coin.

This gave a strong boost to those in the West who were hostile to Su Mo.

In countries like South Korea, almost the entire population is involved in Bitcoin.

Although Mobi is very popular now, there are still not many people buying it. Instead, they have begun to cooperate with the West and fully support Bitcoin.

Yesterday, many Mobi fans said that Mobi's gains today would definitely surpass Bitcoin's. People in their country were very dissatisfied and said they must suppress Mobi and let Bitcoin maintain its position as the world's leading virtual currency.

Today, Bitcoin's gains surpassed those of Mobi, and they reacted as if they'd won the lottery, going on a rampage of slander against Su Mo and Mobi on the overseas version of Moyin.

Su Mo's fans were somewhat frustrated, while many others expressed that tomorrow's increase must surpass that of Bitcoin.

By the third day, the price of Mobi had risen to 38,000 RMB per coin.

Bitcoin continued to rise, reaching $37,500 per coin.

A price increase of 1,500 RMB versus a price increase of 500 USD still means Bitcoin wins.

This gave them confidence, and the number of people buying Bitcoin began to increase steadily.

This is the power of capital entering the market; Bitcoin has begun its unprecedented surge.

For the next week, when the price of a single Mobi reached 43,000, Bitcoin also rose to 40,000.

The price increased slightly every day, and the two cryptocurrencies began a very fierce competition.

However, under the control of capital, Bitcoin has always suppressed other cryptocurrencies.

Although Su Mo has a large number of fans, he has never personally intervened; it's all a result of natural growth.

Although the current competition seems brutal, Su Mo knows that the Western world has not really exerted its full strength. To win this currency war, they must first be hurt.

The first step is to make the price of Mobi rise more than that of Bitcoin, so that they will continue to increase their investment until there is no more investment to be made, and that is when they will make their move.

According to Su Mo's estimate, the day when Mo Coin's price increase surpasses that of Bitcoin should be in the next few days.

Vega is a beautiful woman from Colombia who won the Miss Universe title in 2014.

Standing at 175cm, she has been beautiful since childhood.

She didn't have anyone she liked; the first person to make her heart flutter was Su Mo.

But she also knew that with just the title of Miss Universe, she probably wouldn't be able to get close to Su Mo.

She was willing to collect everything related to Su Mo: official DVDs of Su Mo's movies, watches that Su Mo endorsed, the foods that Su Mo liked to eat, and posters of Su Mo.

She even tirelessly collected those cheap trinkets with Su Mo's image from street stalls.

Upon learning of the launch of Mobi, she eagerly waited in front of her computer, ready to make a purchase.

When choosing the quantity to buy, she cleverly chose the number 9.

If selecting option one takes just as long, why not select option nine?

Thus, she became one of the lucky ones to purchase nine Strange Coins.

After obtaining the Strange Coins, she discovered subtle differences between each one.

This discovery surprised her, and as one of Su Mo's most ardent fans, she resolved to collect more Mo coins.

So, after ten consecutive days of hard work, she collected a total of 24 Strange Coins.

When Vega received the 24th Strange Coin, he was pleasantly surprised to discover a secret.

(End of this chapter)