Chapter 871 Currency Invasion

On the 7th of June, in the city of Gibraltar, opposite Ceuta, there was a seemingly trivial but significant historical event.

A Spanish businessman bought a watch with Dahua's banknotes.

This was a historic moment, and it was the first time that Dahua banknotes were circulated on European soil.

Today's Spaniards, of course, do not think this is such a big deal.

Isn't it just an ordinary transaction, but the currency used is relatively rare.

However, if it is a later Spanish economist, he will definitely cry when he sees this scene.

This means that Dahua's currency credit has been recognized by the Spaniards and has become an international currency.

Once this head is opened, the back can be dangerous.

Once Dahua's paper money replaces Spain's legal tender, then Spain's economy is completely in Dahua's hands.

When Dahua ships a boatload of banknotes, Spain's prices collapse, its economy collapses, and commodity markets are thrown into chaos.

This kind of economic blow is no less harmful than war.

In some ways, it is even more harmful.

Before that, Dahua's silver and copper coins were already in circulation in Europe, but the impact was not as great as that of paper currency circulation.

After all, silver coins and copper coins are made of real rare metals, not as much as Dahua wants to make, and they will not easily depreciate.

But banknotes are different. Dahua has no shortage of paper, and the numbers on the paper can be printed at will.

If the people of Spain recognized Dahua's banknotes, then Dahua could be a hooligan and print a stack of 10,000 yuan banknotes.

Before, Dahua's banknotes were only circulated in Dahua's territory, and people in other places didn't recognize this stuff, only real gold and silver.

However, as banknotes have been circulated and used in Ceuta for several years, Europeans have seen with their own eyes that this thing can really be equivalent to silver coins, and in Ceuta, you can buy goods at any time with banknotes.

After a long time, the vigilance of some businessmen will also decline.

This time, by chance, a businessman ran out of silver coins and could only pay with paper money.

It just so happened that the shopkeeper would often go to Ceuta to buy goods. Knowing that the banknotes could be bought in Ceuta, he didn't care.

As a result, Dahua's banknotes were officially circulated in Spain.

This means that Dahua's banknotes already have a credit foundation in Spain.

Meanwhile, at a wet market in Gibraltar, a man asked for a fish and pulled out his wallet, ready to pay.

"Guest, can you pay me Dahua silver coins?"

The stall owner saw that the customer had silver coins from Dahua in his wallet, so he refused to accept silver coins from Spain.

In contrast, the silver coins minted in Spain are too ugly, with unclear heads and fewer patterns.

The bottom line, of course, is that a Spanish silver coin is not worth as much as a Dahua silver coin.

When going to Ceuta to buy things, Dahua does not accept Spanish silver coins, and must go to the central bank to exchange for Dahua silver coins before buying things.

In the central bank, two silver coins with the same silver content have different values. Ten Spanish silver coins can only be exchanged for eight Dahua silver coins.

The stall owner's daughter Marina wants to go to Ceuta for a day and needs Dahua silver coins.

Therefore, he made this request.

"You are smart enough to know that Dahua's silver coins are more valuable."

The fish buyer laughed.

For those who don't go to Ceuta, Spanish silver coins and Dahua silver coins are equivalent.

But for those who often go to Ceuta, Dahua silver coins are more valuable.

Therefore, the guest did not agree to the stall owner's request.

However, not everyone is as savvy as he is.

Dahua silver coins have become one of the main currencies in Spain. Many people who don't understand the mystery also have Dahua silver coins in their hands. These people will make the stall owner succeed.

Therefore, Marina had some Dahua silver coins in her hand. When she was shopping with her friends, she "accidentally" let her friends see the Dahua silver coins in her hand.

"Wow, this is Dahua's money, so beautiful."

The companion exclaimed.

"It's so delicate. I heard that the avatar on this is the appearance of Emperor Dahua. It looks so handsome."

Everyone was seeing Dahua's currency for the first time, and they were all very curious.

And this made Marina very proud.

"I'm going to visit Ceuta in a few days. This is what my father specially gave me to go to Ceuta. In Ceuta, people only charge this kind of money."

Marina said.

"God, why are you willing to use such a beautiful silver coin. If it were me, I would definitely use it for collection."

said the companion.

The other companion simply proposed to exchange a silver coin from Dahua with Marina, but was ruthlessly rejected.

In a manor, a nobleman is holding a banquet.

The people who came to the banquet were all rich or noble. They got out of the carriage, and immediately the servants came to help them set up the carriage.

At this time, these people will generally give a little tip.

A young man rewarded a Dahua silver coin with a face value of one dime, and the other guests around him immediately looked at him.

"Who is this person, so generous."

"It's all about rewarding servants

Dahua silver coins, the family must be very rich. "

"This guy is so handsome, I don't know if I have a chance to meet him."

The people around were talking quietly.

Dahua's silver coins are so magical in Europe.

When comparing the currencies of other countries with Dahua, they immediately fell behind.

Ceuta, Central Bank.

A carriage entered the backyard. The carriage was full of silver and gold nuggets. The cargo owner, Balos, was here to exchange Dahua silver coins.

No way, to do business in Ceuta, you have to use Dahua's standard currency.

Other currencies are not recognized in the market.

These people recognize Dahua silver coins mainly because of this currency standard, the face value is fixed.

Unlike silver and gold coins of other countries, which look the same on the surface, in fact, there will be deviations in the amount of gold and silver.

It is very troublesome to trade in the currency of other countries and need to use a balance.

It is not necessary to use Dahua's standard currency. Dahua's silver coins are very standard and keep their value.

Slowly, not only Dahua merchants only accept Dahua silver coins, but even merchants from other countries only accept Dahua silver coins.

Other merchants are helpless, and can only transport the gold and silver in their hands to the central bank for exchange, and then trade.

And in this exchange process, Dahua will have to pluck a few hairs and charge some fire costs.

By collecting this fire, the central bank can make a lot of money.

Businessmen from other countries are well aware of this, but they are helpless.

The machinery of their country cannot cast such delicate silver coins, and there is no way to imitate them.