Chapter 1,259 A Different Start

Even though a lot of planning has been done, as a time traveler, I am confident that I have imagined everything. But as the saying goes: plans cannot keep up with changes. In the end, the beginning of the belief in the Gold Coin Goddess was completely different from what someone imagined.

The beginning of everything, of course, started from the day when Ke Yin and the World Trees completed the construction of the gold flow network.

Although this huge project spread all over the land seems very difficult, there are various levels of beings involved in its construction. To them, all this is a matter of thought. The most difficult part is where the 'idea' comes from, but as long as you have an idea, realizing it is a piece of cake.

Also because someone reminded me to leave room for correction. Therefore, the legal person certification issue raised by Lin was quickly added to the Jinliu network. However, the construction of new banks was not that fast. Even the design stage has just been passed and the foundation has just been laid. Even if the above-ground building only has two floors, it cannot be built in a day or two because of its large area and numerous decorations and carvings.

Is Ke Yin anxious about the bank’s implementation? Of course urgent! After all, it’s about your own beliefs. Although bank users are not necessarily fanatics, the power provided by individuals may be so meager that it can only be used to fill a gap between teeth. But as long as the base is huge and the number is large, the accumulated amount will be amazing. And since she has paid so much, the Gold Goddess certainly hopes to see results as soon as possible.

However, the bank building that has not yet been completed was commissioned by the guild. The craftsmen who accepted the commission did not understand the purpose of the building that the guild wanted to build. They only knew that it was a work commissioned by the magician behind the president.

The opposition within the guild took the opportunity to connect in private and prepare to protest against the president's private use of public weapons. After all, the guild's internal delegation has many conveniences and benefits. Generally speaking, only work related to the guild can issue such a commission, rather than an outsider who has nothing to do with the technology guild - even on the surface - can issue such a commission.

Under pressure from all sides, Uzov decided to first erect the holy symbol of the Gold Goddess in the guild hall to activate the function of a bank. In addition to letting the members of the guild know the functions and uses of the bank, it also saves the idle gold goddess from staring at the two mortals. The person being stared at said it with great pressure.

The first step is not to promote the functions and usage of the bank so that all guild members will understand. It's just that the technical guild itself uses it first.

There are three sources of coins placed in the guild. One is the funds belonging to the guild, and the other is the remuneration or part of the deposit from the commissioned work. There is another type, like Lin, where the profits from selling patented technology have not yet been taken away. In short, not all the money stored within the guild belongs to the guild, some of it is only temporarily kept.

Someone's original plan was to have the technical guild deposit all the money into the Goddess' Kingdom of Gold Coins, and at the same time recast it into a new type of currency in the Goddess's Kingdom. When the guild wanted to pay any fees or rewards, it was taken out of the Kingdom of God and issued in new coins. In this way, guild members become familiar with and accept the new money.

As for the acceptance of the new coins, in fact, as long as the purity of the precious metals of the coins can stand the test, Uzov agrees that no one will insist on refusing.

If you do this, you will be charged a large storage fee by the Gold Goddess. A certain magician who came up with the idea didn't want to find any reason to help the guild save money in this area. But compared to the guild's original method of collecting coins, it is hundreds or tens of thousands times safer; even after calculation, the cost is definitely lower.

Documentary data and patent data related to the technical guild can also be stored in the magic stone and backed up on the forum, so it cannot be lost. But money is physical and cannot be stored in the cloud.

Therefore, in the early days of the guild's establishment, a very strong treasure box was built in the president's room, and multiple protective magics were added to it. At the counter clerk, only a small amount of working capital is placed, and the rest is locked in a treasure box. When you rest at night, lock all the money in the treasure chest.

When the guild gradually expanded in size and the funds stored in the guild could no longer fit in one box, Uzov built a treasure house in the guild. The outer wall and the treasure house door are both made of metal, and even magic bombardment can be defended to a certain extent, and then a few good players will be sent to take turns to defend it.

The trouble is, there are not many people who are trustworthy enough to guard the treasure house. Not all members of the Ikaruga Alliance are people of high moral character. Most of them are from three religions and nine streams. Everyone just has the same ambition.

And to be qualified to guard the treasure house, one cannot be too mobile. If you are looking for a short-term job to make quick money, the treasure house gate guard is definitely your next choice. So Uzov has been very troubled by the choice of guard.

When the Technical Guild reached its current scale, the treasure trove of coins was in need of expansion. One can imagine the huge amount.

What's more, in the foreseeable future, when the craftsmen of the Technology Guild fully utilize the convenience of cars and trucks and extend their work to places outside the holy city of Estali, there is a high probability that the size of the guild will continue to grow. Uzov gets worried just thinking about how many coins will be kept in the guild by then.

Now, in order to make up for the lack of trustworthiness of the treasure trove guards, Uzov employs the method of hiring multiple people to guard at the same time and monitor each other to ensure that the treasure trove is not lost. Even so, the rumors about where the thieves are eyeing the treasure trove of the Technology Guild never stop. It can be said that Uzov has not had a peaceful sleep for a long time.

Now that you can send coins to Ko Yin's Kingdom of God, you can not only save the cost of hiring guards. More importantly, without the little thief to worry about, Uzov could finally sleep peacefully.

Moreover, such an action also solved a potential crisis for a guild. That is to turn bad money, which was originally called bad money, into a circulated currency.

Most of the sources of these bad money are members of the Turtle Dove Alliance from other places. They will inevitably bring some bad coins that cannot be used within the empire. When they only have the bad money left with them, they will of course ask the president, who is also a member of the alliance, to find a way, otherwise these people will have to sleep on the roadside without enough to eat.

In the spirit of alliance and mutual assistance, Uzov agreed to provide food and accommodation operated by the guild and collect these bad coins that no one wanted to receive at a discount. It has become the only place in the Holy City that accepts bad money.

Sometimes the guild's large-amount transactions or commissions are mixed with a small amount of bad currency. I just didn't notice it during the inventory, so it was accepted by the guild clerk. Afterwards, it was discovered that the murderer could not be found, and the guild could only suffer. Uzov could not pass such losses onto those hard-working counter clerks; he could only scold them and ask them to pay more attention next time.

It is true that some people are deliberately sneaking around, passing on their own losses, and taking advantage of the guild. But sometimes such behavior is not intentional. Due to poor preservation, the double-sided coins minted by the Empire suffered from undue wear or damage, which caused the coins' evaluation to decline and become bad coins and bad money in the eyes of ordinary people. This may even be caused by the users themselves. Nothing was discovered.

This money is sufficient in the guild's accounts, but like other bad money, it has become a non-performing asset that cannot be spent. It is conceivable that in the long run, these bad money will become a burden and loss to the guild.

Now that it can be sent to Ke Yin's Kingdom of God for recasting, that is great news. Although the exchange ratio has decreased based on the amount of pure gold, it still retains part of its value. Unlike before, bad money will be thrown away directly and has no value at all.

Over time, the money belonging to the Technology Guild increased.

As for the deposited trust funds, Uzov chose to keep the old coins because of the exchange ratio between old and new coins. Notify and wait for the entruster to retrieve it, exchange it by himself, and then deposit it into the guild to become the entrustment fund. After the opening of banking services, the Guild no longer accepts old coins of varying values ​​to avoid exchange disputes.

This is what Lin envisioned at the beginning. After all the coins of the Technology Guild are replaced with new money, all the amounts paid by the guild, or the remuneration of the craftsmen after completing the commission, will be paid in new coins. This will gradually replace the coins circulating in the market.

The actual situation is the other way around. Uzov requires all clients to exchange the new coins on their own before issuing commissioned tasks in new coins. Of course, the association's own expenses, the salaries of internal clerks, and the fees charged by the patent holders after the patented technology is licensed, will all be paid in new currency.

Even though this new currency promotion model is a bit forced, it is not the same as what someone imagined. However, the results were as expected by Lin. The new coins were not only accepted by people in the Holy City, but also quickly replaced the old coins in circulation. Moreover, the fierce replacement of old and new coins exceeded Lin's imagination.

The real reason is not the resonant sound produced by blowing the coins, but the exchange ratio. A good coin minted by the empire can be exchanged for 1.2 to 1.3 new coins after analyzing the composition and weight of pure gold. Of course, coins below the decimal point cannot be withdrawn, but they can be accumulated in the account.

Even if it's just a passing transaction and you withdraw it immediately after depositing it into the account, you will still be charged a storage fee. But people living in the Holy City mainly use coins made by the Gwana Empire and fine double-sided coins. This means that as long as you exchange the gold coin goddess's new money, your wealth will still increase after deducting the storage fee.

Plus bad money can also be exchanged. Those who have such bad coins in their homes that they don’t know how to deal with but are reluctant to throw them away hear this news. It would be a shame not to throw them away quickly and keep the eyesores and exchange them for golden coins!

Suddenly, because the bank had not yet been built, banking services were temporarily opened in the lobby of the Technology Guild, making the already busy guild crowded with a bunch of irrelevant people, just to exchange the coins in their hands for gold that could be blown. Coin, Silver Coin and Copper Coin.

People now don't even mention the old Kir (gold), Jiangxi (silver), and Danba (copper), and directly use the holy name of the goddess as the name of the new money. At the same time, the bank construction project, which originally attracted a lot of dissatisfaction, became the first priority in everyone's consensus. Anyone who had time, or whose commissioned work had come to an end, was involved in the construction of the bank.

It is really impossible not to speed up bank construction. The guild hall was so packed with people that it affected the conduct of daily business. Not to mention the people within the guild who are anxious to exchange new coins. Instead of queuing up and getting angry, it would be better for everyone to build a bank that is not inferior to the size of the guild lobby.