Family Cultivation: My Comprehension Can Be Stored

We finished talking about the magic weapon shop in Sanxiufang City, Guang'an Prefecture.

Chen Daoxuan turned back to the topic again.

He instructed: Dao Chuan, the currency that our Chen family will issue in Guanhai Fairy City has far-reaching significance. You must not make a mistake, otherwise, for my Chen family, it will be a situation of eternal doom!

Hearing Chen Daoxuan make this matter so serious.

Chen Daochuan nodded solemnly, and said: Young Patriarch, you can rest assured that I will take good care of the Changping Central Bank you mentioned, and nothing will happen.

Although Chen Daochuan received such a guarantee, Chen Daoxuan knew in his heart that Chen Daochuan knew nothing about the bank's operating mechanism, and he had to be on the sidelines all the time.

In fact, Chen Daoxuan was deeply touched when he used spirit stones back then. It was extremely inconvenient to use spirit stones as currency.

Fortunately, casual cultivators still have a storage bag, and since casual cultivators are shy in their pockets, they usually don't have many spiritual stones, so they don't experience the trouble of having too many spiritual stones and not being able to fit in the storage bag.

But many family monks probably have this kind of painful experience.

For example, ten Lingxu warships were used to transport the 80 million Lingshi military expenditures allocated by the Guang'an Prefecture Allied Forces to the West Defense District Allied Forces.

Eighty million spirit stones, if piled on the ground, would be as high as a hill.

There is no storage bag in the world that can hold so many spirit stones.

In fact, from then on, Chen Daoxuan had the idea of ​​replacing Lingshi with a currency.

It's just that the Chen family was weak at that time.

The sphere of influence is even more limited to Shuanghu Island, and there are only eleven monks in the clan.

If you want to talk about Lingshi coins to replace Lingshi for trading and circulation, let alone outsiders laugh their teeth, the monks of the Chen family probably want to laugh when they hear it.

Chen Daoxuan knew that the issuance of a currency was definitely not a simple matter.

First of all, this currency must have collateral.

In a previous life.

The issuance of currency was initially based on gold as collateral, that is, the gold standard system.

This system is divided into three stages, or three forms, gold coin, gold bullion standard, and gold exchange standard.

Even the US dollar, the world currency in the previous life, was the gold standard system used for a long time.

But then.

With the continuous development of productivity and materials, the gold standard currency system has been unable to adapt to the rapid development of productivity.

Its performance is that too many products are produced, and too little gold is not enough to issue enough money.

If it is a huge amount of excess currency, it will adapt to the development of productivity.

But in this way, it will inevitably face the risk of gold acceptance.

That is to say, a bunch of people want to accept gold with currency, but they will find that there is no gold to accept.

This is undoubtedly an extremely dangerous thing that will cause a devastating blow to the credit of the currency.

The development of society to this stage also means that the gold standard currency system is gradually declining.

In modern society, the issuance of currency no longer uses some kind of object as collateral, but has become a void collateral, that is, national credit.

certainly.

If the Chen family uses the family credit as collateral to issue a currency, it is estimated that they will be sprayed with saliva by their comrades in Guang'an Prefecture.

Chen Daoxuan still has this force.

Since credit cannot be used as collateral for currency issuance, the only choice is to use the Lingshi itself, which everyone agrees with, as an acceptance.

Even so.

Chen Daoxuan had to make sufficient preparations for the casual cultivators and family cultivators of Guanhai Fairy City to accept such a currency.

Acceptances other than currency.

Another difficulty is the currency itself.

In a previous life.

Most countries issue paper currencies.

According to the different anti-counterfeiting methods of various countries, the quality of the currency produced is also different.

Some currencies have excellent anti-counterfeiting methods and are difficult to counterfeit.

And for some currencies, you can call a printing and dyeing factory at random, and they can do better.

The currency issued by the Chen family must be difficult to counterfeit and easy to issue.

This is no simple matter.

In other words, these two requirements are somewhat contradictory.

It is difficult to counterfeit, which means that the currency is difficult to imitate, and it is easy to issue, which means that the manufacturing speed is fast.

To resolve this contradiction, one must have superb minting technology.

And this conundrum.

It was the first task that Chen Daoxuan entrusted to the magic weapon research institute established by Chen Daochu.

Twin Lake Island.

A ray of light streaked across the sky and landed in the spiritual veins of Shuanghu Island.

in front of you.

A unique building appeared in front of Chen Daochuan.

On the plaque of the building, the words Changping Academy of Magic Instruments are written.

Chen Daochuan and the others are basically immune to the endless new terms used by the young patriarch.

Or not immune.

It is the education that Chen Daochu and Chen Daochuan received from childhood, which is the enlightenment education given to them by Chen Daoxuan.

They have been exposed to these new terms since childhood.

On the contrary, when I grew up and saw those completely different names from the outside world, I felt a little weird.

at this point.

This is especially true for the Fuzi generation who have received this kind of education since childhood.

To some extent, their vision is closer to that of Chen Daoxuan's children in his previous life.

This is it.

Chen Daoxuan smiled at Chen Daochuan, Let's go.

Young patriarch, please!

Chen Daochuan made a gesture of please.

Chen Daoxuan nodded, raised his legs and walked towards the interior of the magic weapon research institute, followed by Chen Daochuan.

The external construction style of the Changping Academy of Magical Instruments is rather ancient.

The structure is very similar to Wan Xinghai's traditional fairy family hall, but the interior is completely different.

It was divided into small laboratories by Chen Daochu.

That's right, it is the kind of laboratory that Chen Daoxuan built in Chitong Mountain back then.

only.

The laboratories of the Changping Academy of Magical Instruments are almost empty.

Come to think of it, at the age of a monk named Chen Jiafu and his level of crafting, he still doesn't have the ability to run a laboratory by himself.

Even if their refining talents were blessed by Chen Daoxuan through preaching.

nowadays.

In addition to Chen Daoxuan, Chen Daochu was the only one in the Chen family. Under the blessing of Chen Daoxuan's preaching, he barely had this understanding and ability to create a new type of magic weapon.

Good boy, well done!

As soon as he entered the laboratory, Chen Daoxuan heard Chen Daochu's excited praise.

What's the matter, what's so happy about it?

Young Patriarch?

Hearing this voice, Chen Daochu turned his head and saw Chen Daoxuan and Chen Daochuan walking in one after the other.

Dao Chuan, when did you come back?

Seeing Chen Daochuan, Chen Daochu, who had studied and grown up with him since childhood, said excitedly.

I was just transferred back to Guanhaixian City by the young patriarch today.

Very good!

Hearing the two reminiscing about the old days, Chen Daoxuan interrupted with a smile: Okay, let's talk about reminiscing about the past later. How is the research on the task I entrusted to you? It's been almost half a year.

Successful, successful!

Hearing Chen Daoxuan mention the task, Chen Daochu became excited.