My American magical life
Chapter 683 - 683 120 I'm willing to give everything!_5

683: Chapter 120 I’m willing to give everything!_5 683: Chapter 120 I’m willing to give everything!_5 He understood that speculation could make money, but he was more concerned about the trouble with liquidation.

“Gentlemen, is there a specific investment return period and method for the money I’ve put in?

Because I don’t understand cryptocurrency, I have some reservations about this,”

Having received an elite education in America, Geweil posed his question with a certain level of sophistication.

Wolf and Temir both looked at Cheng Daqi, and CEO Cheng was clear-cut in his response.

“Let’s start with the channels.

Broadly speaking, there are four channels; it depends on which one you choose, Mr.

Geweil.

The first is to sell directly in the market.

Given the scale of your holdings, it would be best to coordinate with us during future sell-offs to avoid causing a BEC crash.

Of course, this method of liquidating via direct selling is also the least efficient.”

“The second is to continuously liquidate through other projects’ ICOs.

As we will establish BEC as either a benchmark or a stable coin, many other blockchain projects will target BEC for fundraising.

You can participate in their financing and then sell the cryptocurrencies you received.”

“The third is to liquidate through collateralized lending in the cryptocurrency sector.

This way, you can access cash while still letting your BEC multiply.

With our market value management, the cost of liquidation by this method is negligible.”

“The fourth is to liquidate through BEC’s own payment capabilities.

For instance, we plan to launch certain energy-related blockchain projects in the future where BEC will be a major financing target; you can use it to purchase products that these projects launch.

This has a relatively higher risk, but we will deliberately operate some projects that allow for arbitrage.”

“The LCE cryptocurrency exchange platform is driven by three main pillars: its own professionalism and platform stability, the uniqueness of BEC as a new species of cryptocurrency, and LCE’s focus on special blockchain projects in the fields of new energy and future technologies.”

“The launch of BEC (BLUE EARTH COIN) requires us to invest a certain amount of capital, but this investment will not lose money.

On the contrary, it can bring even greater profits.”

“The more we invest, the better its future development.”

It was a pitch, but not entirely fluff.

As the broker of the deal, Cheng Daqi’s method of cashing out was by manipulating the code—a subject absolutely not to be mentioned.

Facing Geweil’s question, CEO Cheng could only give a serious answer.

However, the four channels of liquidation Cheng Daqi talked about were indeed genuine.

From this perspective, he was not deceiving Geweil.

After all, getting Geweil on board with BEC’s plan was to ensure the California Clique would provide support for BEC.

So, CEO Cheng wasn’t going to scam him.

“Fak, cryptocurrency can be liquidated via collateralization?”

Geweil felt a small capitalist shock, as, in his understanding, cryptocurrencies as volatile assets were quite unsuitable for collateral.

“Of course, it’s possible, Geweil.

This is America.

Before the subprime crisis, anything could be liquidated through collateral; what’s cryptocurrency in comparison?

We’re even going to inject real money to prop up its market value.

Control the rhythm right, and two hundred million dollars could prop up a market value of ten billion.

Even if those dealing in cryptocurrency collateralization charge us exorbitant fees, we could still collateralize a few billion, right?

Swapping sixty million for a few billion, heh, I don’t understand why you’re still hesitating.”

Now the leader of the Dracula Family, Wolf put it this way, and Geweil finally stopped vacillating.

“Sixty million, no problem.

I need to prepare.

I don’t understand the specifics of how cryptocurrency operates, but if there’s anything I can help with…”

Thinking of California’s chaotic situation, Geweil reflexively glanced at Temir.

The dark-haired rich woman was sitting next to CEO Cheng, looking at her phone, seemingly oblivious to his gaze.

“If you need my help, anything related to BEC and LCE, just come to me.”

Wolf laughed, sitting next to Geweil.

Out of the fool’s sight, Wolf winked at CEO Cheng.

“Hahaha, Mr.

Geweil, you’ve chosen the future.

The future of cryptocurrency is the vast universe.

Many think it’s just a concept hyped up in response to unregulated capital circulation following excessive currency issuance, but I, Wolf, and Mi’er believe that BEC, a cryptocurrency tied to energy, will truly change the future!”

CEO Cheng’s words sounded sincere, and it seemed Geweil believed them—or maybe not.

But he was willing to invest, and that was enough.

Mr.

Governor’s foolish brother left, and the trio who gathered to dupe others stared at each other in Wolf’s parlor.

It was their first collective action after really banding together to take action against Geweil.

It was a bit of team-building, but CEO Cheng’s tactics were too outrageous, leaving some trust to be desired among the group.

Angry Geweil: “I’m pouring my heart out to you, and you treat me like a toy for team-building?”

“Mr.

Wolf, there won’t be any more problems with Dracula joining the establishment, you can rest assured,”

The assurance Temir gave sounded quite reliable, but Wolf wasn’t convinced things would go so smoothly.

“Chan, are you sure?”

Men in America…

Wolf had a preference for men.

The California Clique’s Lao Deng even looked down on top-tier female politicians like Nanxi who maximized their power.

“We’ll see.

We’ll take our leave now.”

Cheng Daqi and Temir also departed, and Wolf sat there for a long while until he finally shook his head in defeat.

He had many options, but he’d made a critical misstep and was now entangled with CEO Cheng.

These two were not the kind he could easily dismiss.

While Geweil was still pondering over money, Wolf would rather spend two hundred million dollars to send CEO Cheng and Mi’er away.