I'm reborn and I'm an international student again?
Chapter 770 Darkcoin
"Uncle Zhang, there are two types of football in Australia. One is English football, which is the kind we often see on TV. The other is local football, which was born in Melbourne in 1850 and combines elements of Gaelic football and rugby. The field is oval and the rules are that 18 players compete against each other. Hand-touching, tackling and high-altitude catching (marking) are allowed, and goals are divided into "Goal" (kicked over the central high pole) and "Behind" (the ball touches the side pole or passes through the poles but touches the ground). Every season, people from all over Australia come to Melbourne Stadium to watch. The broadcasting rights alone are worth nearly 5 million Australian dollars each year. It is a national sport in Victoria, Western Australia and South Australia..." Chen Xi explained to Zhang Yuandong.
"Oh? 5 million? So much? This is even higher than the exclusive copyright buyout of La Liga?" Zhang Yuandong opened his mouth.
You know, the annual cost of La Liga exclusive copyright is only 1 million pounds.
The broadcasting rights of Australian football are actually two or three times higher than those of La Liga.
"That's right. Melbourne's sports industry is very developed. Not only does it hold the AFL every year, but it also holds the famous Australian Open and F1 racing competitions..." Chen Xi nodded.
"Then how many teams are there in this AFL competition?" Zhang Yuandong asked again.
"There are 18 professional teams in the A-League, 10 of which are in Victoria. In fact, this is similar to the NBA, with one team in each city. Some teams also have city names in their names. Although Australia has only more than 1.8 million people, some teams have millions of fans. You can imagine how much Australians love this sport. I think you are planning to acquire a team to make money. According to my understanding, the valuation of mid-to-upper-level teams is between 2.5 million and 4 million Australian dollars, such as Collingwood Magpies and Richmond Tigers. Emerging expansion teams are cheaper, with a valuation of about 5 million, and the top few teams are about 4000-500 million. But if you create a team yourself, you will need to pay an entry fee of million Australian dollars, an annual home rent of about million, and salary investment, which is about tens of millions of Australian dollars a year..."
"It's so expensive!"
Zhang Yuandong was surprised after hearing this.
Chen Xi was very excited when talking about the sports industry, because he wanted to do gambling in Australia in his previous life, but unfortunately he never had the chance.
He thought for a while and said, "There are many ways for Australian football to make money, such as domestic cross-border sponsorship and development, and advertising sponsorship is generally tens of millions of Chinese yuan. I think the exclusive operation rights for Asian broadcasting rights are optional, because the investment is really a bit large, and people from other countries may not watch it except for Australia. I won't talk about football betting, which is definitely the biggest moneymaker. But there are several other projects that can also make money, such as football real estate and rehabilitation centers."
"Football real estate and rehabilitation center?" Zhang Yuandong was a little confused.
He seemed to have never heard of this project in the country.
Chen Xi unscrewed the bottle of water and drew an oval on the table: "This stadium is usually built at the junction of the city and the suburbs. We can enclose the land at a low price in the name of building a training base, develop a shopping center on the periphery, and put offline electrical appliance stores in. We sell TVs and refrigerators here, and play football over there. The number of people on home game days can reach 100,000! We can get some land in the suburbs and build a player rehabilitation villa area. The physiotherapy equipment inside will use the pulse repair device from Australia, which is specially used for those injured foreign players in the domestic Chinese Super League. You can talk to their club about this... Hisense has a company in Australia. We can get the exclusive right to street advertising during the game, forcing Hisense to buy home appliance delivery quotas from us if they want to advertise in the stadium. This is a good deal that benefits both ends!"
"Wow, you really know how to play! I've never heard of such a set of words before." Zhang Yuandong patted his thigh excitedly.
Su Ning's financial situation is still good now, so she can invest however she wants.
"Then this Australian gambling..." Zhang Yuandong looked at Chen Xi.
He was unfamiliar with the place and it was difficult for him to establish a relationship with Tab.
"I'll figure out a way to do this." Chen Xi said in a deep voice. After all, he is now a foreign consultant of Crwon, so he can ask Parker when the time comes.
After a busy day, Chen Xi returned home in the evening and turned on the computer.
Jun's message appeared on MSN.
"Long time no see, Xi."
After seeing that the other party was currently online, Chen Xi started chatting with him.
Jun's family is well-off. In fact, most Koreans who come to Australia to study have good family conditions.
Although the other party's family is not a super wealthy chaebol, his father's company is considered to be quite powerful in the local area.
"Jin Nana? You know... I seldom interact with girls." Jun on the other side of the computer was typing with a blush on his face.
Chen Xi knew that Jun would be a good kid in China.
That is to say, he is the gentle and refined type, who studies hard, and after graduation he goes to work as arranged by his family, without any big ideas.
As for dating a girl at school, Jun thinks this is a bit unprofessional.
"Please help me investigate it!" Chen Xi thought for a while and asked again.
"That's no problem, but you have to give me some useful information first. Why, did you find a Korean girlfriend? Did you have a fight? You should be gentle and patient with girls..." Jun's words left Chen Xi speechless.
You, a guy who has never been in a relationship, want to teach me how to deal with women?
By the way, the other party doesn’t know yet that Saori has become his girlfriend.
Otherwise Jun would definitely say: Damn, you scumbag, you are actually cheating on me!
"What are you doing now that you're back in Kimchi Country?"
"work!"
"Doesn't your family have a company?"
"I plan to learn outside. If I don't know anything, I will be a loser in the company when I return home. What about you?"
"Just doing some small business, haha!"
After chatting with Jun for a while, he turned off MSN.
Suddenly, a dialog box popped up on a laptop next to me.
Chen Xi smiled slightly.
This Dark came to chat with him again.
"Young man, what's wrong?" Chen Xi, who was in a good mood, came up and started joking.
"Bitcoin's volatility is still so huge. Last month, the lowest was 30 US dollars, and the highest has risen to more than 90 US dollars. It's outrageous. My dark web business is also affected by it. The situation is very bad!" Dark's words are full of sadness.
"So what do you want to do? Find another virtual currency to replace it?"
"I have observed other virtual currencies on the market. Ripple has the best stability, but its value is too low. Litecoin debuted earlier and is known as a lightweight version of Bitcoin. It has a large trading volume but also large fluctuations. Others such as Dotcoin and Domaincoin are similar..."
“I don’t think these coins are very good!”
"I feel so too."
"Then what do you want to do?"
“After talking to you last time, I suddenly thought, what if I launch a coin myself?”
"Elaborate."
“I was thinking, there are so many countries and currencies in the world, why can’t I follow suit? Bitcoin is currently the dominant currency on the dark web, but its usage has been greatly reduced due to its high volatility and poor privacy. I plan to develop a dark web coin…”
Looking at the words on the computer screen, Chen Xi leisurely lit a cigarette.
It seems that this life is the same as the previous one, dark web currency is about to be born!
Some people may not know this darknet coin. Its original name was Darkcoin, and later it was renamed Dash.
Dash was born by modifying the Bitcoin code, adding a two-layer network architecture and ChainLocks anti-51% attack mechanism.
Like Dash, other popular currencies on the dark web include Monero and Zcash.
"Hahaha, you are really narcissistic. You named the coin after yourself!" Chen Xi typed a line of words with a smile. "Those scientists can name things after themselves, why can't I?" Dark replied arrogantly.
"How dare you, a hacker, compare yourself to a scientist? I think your method is feasible. Since you have added one coin, you can continue to add more, but the number does not need to be too large. According to my calculations, Bitcoin will enter a period of stability starting next month, and the price will continue to rise. But don't take it lightly, this coin will still rise and fall sharply in the future..."
There is no hostility between the two of them now. Last time, Dark gave him the information about ABCD, so he reciprocated the favor.
Chen Xi originally wanted to ask Dark to help him find clues about Jin Nana, but after thinking about it, he decided not to.
It’s scary to think about exposing personal privacy to hackers.
Opening the Tianya Forum, I found that simulated stock trading has been going on for some time.
Chen Xi’s registered nickname is: Rebirth: I am a leek in the stock market.
In simulated stock trading, you can see other participants’ stock buying and selling information, which means that everyone can follow suit.
Of course, this information is also displayed with a delay, and blindly imitating the operations of the top player does not mean that you can win. In addition, stock trading is like gambling, and gamblers are absolutely confident in their operations, so following the trend is actually not very common.
In his previous life, Chen Xi also traded stocks, and he made money from stocks such as Baofeng Technology and Pianzihuang.
If there is any stock that Chen Xi hates the most, it must be Zijin Mining, because this stock really makes him feel too disgusting.
There are time limits for stock trading competitions, and it is not feasible to win by simply holding on for a long time.
Judging from the current time point, Chen Xi has set his sights on several industry stocks.
Mobile games/film and television media: Zhongqingbao, Huayi Brothers.
Internet finance: Oriental Fortune, Flush.
Pharmaceutical and environmental protection: Yunnan Baiyao, Weierli.
According to the previous life's situation, the average increase of these stocks in half a year was over 200%.
However, the stock market is a variable, and it is useless to remember the stock price even after rebirth. So Chen Xi followed his own operation and not only invested in these stocks, but also injected funds into other stocks.
"It's okay. It's profitable at the moment." Chen Xi muttered.
He's not on the leaderboard yet, but he's doing pretty well overall.
Currently, only the top 30 are shown on the rankings, and their stock trading methods are also different. Chen Xi took a casual glance and started to open the Zhijie page.
After checking the discussion forum, an article caught his attention.
The title of the post is: Revelation of the Virtual Economic Collapse.
After many failed attempts to simulate the virtual market with Zhijie, I gradually discovered the reason - the deep structural flaws of adding exchanges to the game.
The excessive pursuit of transaction efficiency and price transparency has led to the failure of the market signal mechanism, which in turn has led to a systemic collapse. When all products are included in the unified bidding system for the entire service, sellers are required to disclose historical transaction data and inventory. This model ostensibly reduces transaction friction, but in fact creates an irrational gaming field under complete information.
According to the efficient market hypothesis of Nobel Prize winner in economics Eugene Fama, information transparency can improve market efficiency, but in a virtual economy with insufficient supply elasticity, this can catalyze two fatal consequences.
Strategic price collapse: When players find that the transaction price of a certain material fluctuates, such as a 15% drop in cinnabar in a single day, the system will trigger a collective sell-off. This herd effect far exceeds the real market (physical transactions are buffered by logistics and geographical barriers).
Exhaustion of investment on the production side: The unified price exposes the production cost. For example, it takes 20 hours to collect resources to forge dragon scale armor. Once the selling price approaches the cost line, players rationally choose to stop production, resulting in the coexistence of commodity scarcity and inflation spiral.
When the game market of Zhijie collapsed repeatedly due to the excessive transparency of all server exchanges, its essence revealed a universal contradiction in the digital economy era - the erosion of efficiency supremacy on the resilience of the market ecology.
This process is strikingly similar to the pain of the real economy during the rapid expansion of domestic e-commerce platforms. E-commerce platforms reduce prices across the country to a unified baseline by eliminating information gaps and use economies of scale to crush regional niche markets.
However, the huge consumer base of the real economy can still buffer the impact through long-tail demand, while the closed virtual economy has inherent limitations in the number of users and consumption scenarios, and price transparency directly amplifies the fallacy of composition. Each player's rational decision to maximize their own benefits, such as flash sales of discounted goods and selling off redundant equipment, has caused the system to fall into collective irrationality of total imbalance.
The collapse of the gaming market is like a miniature version of e-commerce shock therapy. When e-commerce platforms use algorithms to smooth out regional price differences, local specialties from the mountainous areas are forced to bid with industrialized products on the same page, essentially eliminating the spatial market buffer mechanism of the local specialty premium.
When Zhijie placed all equipment on the server-wide exchange, equipment that took two weeks to forge competed with quick-finished products mass-produced by scripts, resulting in a depletion of creativity on the production side.
Statistics show that in the 2012 wave of traditional retail store closures, only 23% of the survivors survived through community + differentiated pricing. For example, beer in convenience stores is 15% more expensive than in supermarkets, but late-night premiums are accepted. This confirms the value of regional price discrimination in protecting ecological diversity.
Reconstructing market rules does not mean denying technological progress, but rather implanting necessary friction coefficients. For example, some online games require separate server auction houses and dynamic tax rates to curb high-frequency speculation. In reality, e-commerce governance should also explore geographical price limits, such as floating pricing in second- and third-tier cities and levying data usage fees.
The collapse of the game market will lead to the loss of players, so the games on the market now will constantly open and merge servers, which are joked by players as: new areas become old areas, old areas become strange areas, and strange areas are merged again.
The resonance between virtuality and reality is a warning that when the efficiency craze fades, it is not only the businesses that will be left naked, but also the diverse foundations on which the entire society depends for its survival...
Chen Xi looked at the post with great interest.
Old games in the past all took the stall-setting route, which seemed inconvenient, but was often able to maintain the life of the game.
Someone below refuted the original poster, saying that there is an exchange in World of Warcraft, but the gaming market is still relatively stable.
However, someone refuted this person's words, saying that each area of World of Warcraft is different, and some areas collapsed shortly after they were opened.
Chen Xi has also played World of Warcraft. Although World of Warcraft has an exchange, it has a rigid currency anchoring mechanism.
That is, Baoxue introduced the Time Badge, which can be exchanged for gold coins in both directions. The game currency is anchored to the price of real currency. For example, the price of the US server badge is stabilized at 20 gold ≈ 20 US dollars. This is equivalent to setting up foreign exchange reserves for the issuance of gold coins, which curbs inflation.
Then there is the dynamic balance of supply and demand. For example, the binding mechanism limits arbitrage: high-value equipment, such as orange weapons and team dungeon drops, are mostly soul-bound and cannot enter the auction house, forcing players to obtain them through labor rather than market speculation. However, players found a loophole in this, which is the gold group that appeared later, where players can bring bosses into the dungeon to get equipment.
Chen Xi believes that the key factor in the stability of the World of Warcraft market is that the Bloodthirsty Economics team monitors prices in real time and intervenes in extreme cases. For example, the ghost trading robot: when the price of a certain material plummets, NPC merchants implicitly purchase it (similar to the central bank's open market operations).
There is also a version update reshuffle: after the new expansion is released, the demand for old materials returns to zero, restarting the economic cycle.
Chen Xi wrote down his views below.
Returning to the discussion forum, the next post piqued his interest again.
The hidden butterfly effect of teacher’s title: when being the top student in the class becomes your performance KPI.
When the server was launched, I designed the liberalization of education, and the promotion of teachers' professional titles is entirely determined by the admission rate of their classes.
The result was that two extremes emerged two months later: either the teachers worked hard to improve the grades of the top students, or they allowed the poor students to drop out of school.
60% of the teachers switched jobs to sell exercise books, and the rest formed classes specifically for students with S-level intelligence.
This ketamine-like incentive mechanism is a distorted mirror image of the reality in which primary and secondary school teachers compete for top classes in order to obtain professional titles. According to data from 2012, 72% of teachers in ordinary classes resort to cold violence against poor students due to pressure to obtain professional titles.
Perhaps an education balance coefficient should be introduced to force teachers to accept 20% of low-rated quota students every year, just as the teacher rotation system implemented by Huajing.
After all, in games and in reality, what can be quantified is always just the tip of the iceberg of education... (End of this chapter)
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