Reborn as a female internet celebrity in a county town

Chapter 377 The Wealth Coins Project Was Halted

Chapter 377 The Wealth Coins Project Was Halted

Tianjin Wealth Gold Coins have undoubtedly become the most exciting product at present, and it is hard to find one that is even more exciting.

The price increased several times in a single day, and everyone had the opportunity to profit from it.

However, because it caused such a big stir, it has already attracted significant attention.

Although Tianjin Wealth app had tens of millions of users and more than ten million people checked in every day, the vast majority of them were operated by behind-the-scenes promoters, and it was still a very niche product overall.

But now, you can get 80 yuan just by checking in every day. If you are a family of four, you can earn more than 10,000 yuan a month just by checking in.

Stimulated by the 78% gain on the first day of the Tianjin New QDII Fund, the downloads and registrations of the Tianjin Wealth app have seen tremendous growth.

Lin Lang had expected this, but he was still caught off guard. The server was down for at least two hours before the function to kick people offline was enabled, freeing up some bandwidth and barely keeping the app running normally.

Essentially, Tianjin Capital does not yet possess the foundation of a top-tier company in any aspect. This incident can also help Tianjin Capital identify its own shortcomings.

Guan Sheng, however, was woken up by a phone call after only two hours of sleep.

On Saturdays, unless it's something important, I would never call him.

After receiving the call, he quickly washed his face and rushed to his workplace.

About an hour later, Guan Sheng called Yan Li.

Lin Lang, who was sleeping nearby, was also woken up by the noise.

When Yan Li put the phone to his ear, Guan Sheng's voice came through: "President Lin, Tianjin Wealth Coins needs to be suspended immediately."

Hearing this, Lin Lang also came to his senses and said, "In terms of structure, Tianjin Wealth Gold Coins doesn't have any violations, does it?"

"Yes, there were no violations, but now someone has accused us of violating the rules. I've already explained it to you, but it's no use."

"Did you mention that all gold coins are traceable?"

"I did say it, but it won't work! The impact is just too terrible right now. The whole nation is talking about it. No matter what, we have to stop it now..."

"Never stop? So Tianjin Capital isn't even worthy of earning a reputation or some traffic, is that it?"

"Yes! I've reserved a way for you to continue. The hype has gone too far for now; we need to tone it down..."

Guan Sheng was also helpless. His team had been explaining for almost an hour, but the other party simply wouldn't accept it.

It's true that it's been hyped up too much today. At least hundreds of millions of people across the internet are paying attention to this, and the Tianjin Wealth app even crashed due to the overwhelming traffic.

Such a violent thing can still be traded an unlimited number of times within a day, which inevitably means that it will be rife with problems.

Even if Tianjin Wealth Gold Coins have traceable rules, what about their timeliness?

If circulation is too strong, others will naturally try to circumvent it, and the longer it exists, the more ways there will be to circumvent it.

There are no perfect rules in the world; in fact, perfect rules are themselves a form of imperfection.

Lin Lang asked, "Then how should we handle it?"

"Disable the gifting function; all coins can only be used by the user."

"Okay, but Tianjin Capital will no longer accept any external LPs."

This means that Tianjin Capital will no longer accept any large-scale investment entrustments.

Guan Sheng quickly said, "President Lin, don't be angry. I've already left you an appeal channel for this matter. As long as this sensitive period passes, there's still hope for the future."

The so-called preservation of the appeal channel means that the nature of this matter has not been determined yet; it is merely a temporary compromise made for the sake of the overall situation.

After all, Tianjin Capital doesn't charge money from gold coins.

"Leader Guan, this isn't about whether to keep the channel open or not. Tianjin Capital can permanently close the transfer and gifting function of gold coins. But to put it bluntly, it's better to regulate than to block... Those who speculate on gold coins are all rich people, while those who control gold coins are ordinary people."

"How about this, we'll ban the gifts for a month first. After a month, I'll definitely find a way to help you get back on track, okay?"

"A month later, the traffic to the Tianjin Wealth app will be gone! You should know what the price of an app with tens of millions, or even potential hundreds of millions, of active users is in the capital market. Tianjin Capital only has this much profit, and it's willing to give away all of its profits just for a little traffic, right? I said you can monitor all transactions of Tianjin Wealth Gold Coins and cooperate with us 24 hours a day to retrieve data. If that's not enough, then Tianjin Wealth Gold Coins have no reason to exist."

Guan Sheng sighed, "President Lin, there's nothing I can do about this."

"Okay, then that's settled. I'll go and post the announcement right away."

Lin Lang hung up the phone immediately, then took out his own phone and made a call.

"Yes, that's right, restrict the gifting function! There's a port..."

"Get it done in five minutes. After I post the announcement, please pin it to the top of the entire section."

Lin Lang was too lazy to turn on his computer, so he simply opened the app on his phone, wrote an announcement, and posted it.

The announcement was very simple.

Given that the market is currently engaging in malicious price gouging and attaching financial attributes to Tianjin Wealth Gold Coins, which has caused serious reputational damage to Tianjin Capital, effective immediately, Tianjin Wealth Gold Coins will no longer be given away; all coins may only be used by the recipient.

At the same time, other exchange options will be available: 100,000 gold coins can be exchanged for 12 million shares of Tianjin Mixed Premium, 1 million gold coins can be exchanged for 150 million shares of Tianjin Mixed Premium, and 5 million gold coins can be exchanged for a dinner with President Yan.

Finally, as is customary, let me add a sentence: Tianjin Capital reserves the right to the final interpretation of this announcement. Send!
Yan Li, who was standing to the side, said, "You prepared the ports in advance, did you expect this to happen?"

"It was already borderline, so it's good to cool things down now to prevent those people's gold coins from being bought up at a low price and to lock up a portion of their gold coin supply. Also, they only said that gifting transactions are not allowed, but they didn't prohibit modifying account information. If they really want to keep the market liquid, there are plenty of ways, but there's no need for that right now."

"Then why did you get angry with Guan Sheng?"

“I can’t let him think that I didn’t contribute anything. I have to let him know that this time he failed to protect Tianjin Capital and caused Tianjin Capital to suffer losses. That way, he will think of us when he has benefits in the future.”

Lin Lang tossed his phone aside and continued sleeping with Yan Li in his arms.

It's only a little past four in the afternoon.

Lin Lang must have been prepared for the restrictions and regulations.

The more popular something is, the bigger the problem becomes.

However, this is enough for now. At worst, we can set some restrictions in the future, such as prohibiting the transfer of gold coins again within 30 or 60 days after the transfer.

This way, the frequency can be reduced.

You can also use the QDII fund quota to redeem gold coins. For example, normally 100 gold coins can be exchanged for 10,000 quota, but the QDII fund quota is limited. If you want to exchange for more, you can get a certain discount.

For example, 10,000 gold coins can only be exchanged for a QDII fund quota of 500,000.

While consuming gold coins, it also allows large players to concentrate their control over gold coins, enabling them to support the entire system.

This surge in popularity has made most people aware of Tianjin Wealth Gold Coins. For them, it's just something to do every day when they're bored. Although trading is temporarily unavailable and the value of the gold coins will be affected, the net asset value of the QDII fund makes it worthwhile for ordinary people to take a chance.

In short, Lin Lang's goal of involving ordinary people to the greatest extent possible has now been achieved.

Now it's up to fate.

After his announcement was sent out, Yan Keming sent a message to Yan Li.

Although Yan Li hadn't slept well either, she was clearly unable to fall asleep at this point.

Using one hand, he replied to his father's message, saying that the authorities were directly supervising the matter and there was nothing Tianjin Capital could do. Currently, they had only kept the appeal channel open, and it was unclear whether the gifting function would be reopened later.

Then, she fell into confusion. She had no idea what Lin Lang was doing.

Lin Lang insisted on empowering the gold coin system. In fact, it didn't need to be empowered so strongly. Lin Lang could have used less leverage. If he had the ability to make ten times the return, he could have restrained himself and only made one time the return per year.
If there is a lack of funds, Tianjin Global Selection can provide the money; there is absolutely no need for this new QDII fund to make all the profits.

Therefore, Lin Lang needs to unleash a powerful force. He wants to create an unprecedented net asset value and forcibly empower Tianjin Wealth Coins with tremendous power.

But then he thought about the possibility of being regulated...

Wouldn't all his efforts be in vain?

Can't figure it out...

……

The internet exploded the moment the announcement was seen.

"What the hell? You're not allowing me to give these away anymore? I was hoping to sell them for some money to eat, are you trying to starve me to death?"

"Damn it, my gold coins are useless. I only had a little over three hundred gold coins, and my whole family worked together to get them for me. Now I can't do anything with them. Damn it..."

"What's that? I bought over five thousand gold coins at a high price. Now that gold coins are worthless, I've lost hundreds of thousands and I haven't said anything."

"Those who speculate on cryptocurrencies should have expected this day. Who told you to keep speculating all the time? Look at the black market, it's a complete mess every day. This time, Tianjin Wealth Gold Coin was regulated, and that's all your fault!"

"How many did I even collect? Damn it! Tianjin Capital, give me my money back! Give me my money back!"

"Are you stupid? Tianjin Wealth Coins were given away for free. Who are you going to ask for compensation from?"

For most people, it's just a pity that they've lost a source of income, but for those who hoard gold coins, it's tantamount to a catastrophe.

Some people may have already invested their entire fortune in Tianjin Wealth Coins.

Now? Those gold coins have no value; they can only be exchanged for Tianjin Mixed Premium Credits.

To convert to the Tianjin Mixed Preferred Credit Limit, you will need to pay an additional sum.

It's like buying a fund and having to pay 20 or even 30 yuan for every 100 yuan you buy before you even start making money.

For those with money, it doesn't matter, since everyone's cost is only ten or twenty yuan. Buying Tianjin Mixed Selection Stocks might allow them to break even in a short period of time.

But for those who have used all their savings to hoard gold coins, there is absolutely no way out; they can neither enter nor exit the market.

On the black market, posts offering to buy gold coins became completely useless; once gold coins could no longer be gifted, the transactions were cut off.

……

Tang Jianguo waited for his son, daughter-in-law, and granddaughter at night.

Even though it was still a bit cold at night, the elderly couple still went to the village entrance to wait.

As a bright light began to appear in the darkness and drew closer to them, they could already sense that familiar presence.

They knew their son was helpless; the whole family depended on his job to support them. His wife was from the city and hadn't worked since they got married, staying home to take care of the children.

The mortgage and car loan are making it hard for my son to breathe.

Soon, the car stopped in front of the elderly couple.

The man in the driver's seat got out of the car and called out, "Mom and Dad, what are you doing here? It's cold outside, get in the car quickly."

Tang Jianguo couldn't see a trace of a smile on his son's face; the lively boy he remembered was completely gone.

But he was still very happy.

"You drive back first, your mom and I will walk back."

Just then, the passenger window rolled down, and a woman poked her head out and said, "Give me your SIM cards."

"Okay, okay, okay."

The elderly couple took out their phones and handed them over.

"Dad, get in the car and let's go together."

The woman in the passenger seat said, "Wenquan, our daughter is sleeping in the back, and there are no seats left. Anyway, it's not far..."

"Yes, yes, it's not far. Your mother and I can walk back. You two should go home quickly and put the child inside to sleep."

The middle-aged man sighed silently, "Mom and Dad, please take care."

After saying that, he returned to the driver's seat and slowly drove past his parents.

Only after the car was far away from my parents did I increase the speed slightly.

Tang Jianguo and his wife held each other's hands and moved step by step toward their home, which was still about 300 meters away.

About ten minutes later, the elderly couple slowly reached the door.

Just at the door, I saw my son and daughter-in-law arguing.

"What's wrong? Why aren't you coming inside?"

Tang Jianguo asked a question.

As a result, his daughter-in-law ran up to the two of them and yelled, "You have more than two hundred gold coins in your account, why didn't you say so earlier?"

"I've given them all to you..."

"We can't give it to you now, you know? If you knew how to use smartphones, we wouldn't have needed to drive hundreds of kilometers back. If you had given it to me a few hours earlier, I could have sold those two hundred gold coins for twenty thousand yuan. Now they're worthless!"

"What? Twenty thousand yuan? I... I didn't know that either."

Tang Jianguo didn't know what gold coins were, but he knew that 20,000 yuan was a large sum of money, representing two years' worth of income for him and his wife.

The daughter-in-law instantly broke down, yelling, "What use are you! We're just a waste of your time!"

"Wenquan, go back to the county town and stay at a hotel. I'm not staying here!"

Tang Wenquan had been scolded by his wife for more than ten minutes.

Seeing his parents acting like children who had done something wrong in front of his wife made him feel terrible.

"I'll stay here with my daughter for one night, you can go to the county town and stay in a hotel."

"You're staying here alone! I'm taking my daughter back to the county town, and we'll be heading home first thing tomorrow morning. You'll have to take the train back by yourself!"

Seeing this, Tang Jianguo quickly said, "Wenquan, wait a moment, I'll go inside and get you something."

Looking at his father's hunched back and his mother's gaze fixed on him, Tang Wenquan gritted his teeth and said, "I'll stay home tonight. You can go wherever you want. Here are the car keys!"

He tossed the car keys to his wife, took a bag from the car, went to his mother, and took her hand.

"Tang Wenquan, if you don't want this family anymore, you should have said so earlier. Do you think I want to stay with you? Fine, leave then, but don't regret it!"

(End of this chapter)

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