Chapter 1,261 The Risk of Convenience

Due to the rules and methods of using the bank, it was put on the forum early and spread wildly among the residents of the holy city of Estali. Therefore, the actual work content of the first batch of elves who came to work in the bank was not what someone imagined. They amiably explained what they could do and the steps to people who came to the bank for the first time or who were not familiar with banking business.

Their job is more like security at a bank, specializing in suppressing people who get angry while waiting in line, or taking the trouble to explain things that are unreasonable or that they can't do anything about.

The biggest question, of course, is this one: "Why can only the Great Holy Emblem activate a personal account and withdraw money, instead of being able to use it anywhere regardless of the shape of the Holy Emblem like depositing money?"

The elves' explanation at the beginning must be this sentence: "In this case, thieves and robbers must be very happy, because it is like you are carrying all your wealth with you, waiting for their patronage. Is it really good to do this?"

Then the person asking the question usually becomes silent.

Security and convenience are like two ends of a tug-of-war. Even on the earth where people from time to time have lived, the popularity of convenience is based on a strict security mechanism and a stable social environment, both of which are indispensable.

If personal safety is threatened at any time, can we expect the safety mechanism to play any protective role? Just like the theme of the Hollywood movie "The Firewall" starring Harrison Ford, no matter how powerful the firewall and rigorous security mechanism are, people are still its weakness. In reality, security breaches due to user negligence abound.

Unfortunately, there is no 'stable' social environment in Midland. When traveling from one city to another, you may pass through the territory of Warcraft and become the food of natural creatures. Such a world has nothing to do with 'security' at all, let alone the internal and external threats of thieves, robbers, and traitors. Collusion and so on. So Lin didn't want to bother designing any security mechanism at all.

If Ke Yin is really open to withdrawing money from anywhere, then no matter how safe the security authentication mechanism is designed, if a living person is kidnapped in the suburbs and tortured in various ways, people can willingly empty their accounts and give them to the kidnappers. uncle.

Even if some people grit their teeth and fight to the death, this is a world of magic. There are various mind control magics emerging one after another, and there is always one that works. Then the result is still the same, that is, all the wealth is wiped out. Even great magicians may not be immune to this.

The strength of the great magician only ensures that they can fight well, not that they will not die or be caught. If one is not careful, or has a mental calculation, no matter how powerful the magician is, he may capsize in the gutter.

So when convenience and security are placed at two ends of the scale for people to choose, anyone with a normal mind will choose security.

As for the inheritance mechanism of personal accounts when the holder dies, someone has already considered it. Inheritance after death is regarded as a transfer, which means that Ke Yin will only charge a handling fee equivalent to the transfer, which is five ten thousandths, unlike the inheritance payment of a noble.

In this era of mystery, there is no such thing as inheritance tax. Most people won't be able to use it, because there won't be any valuable legacy passed down.

But it's different for nobles or manor owners. They have land, fiefs, and titles. When the original holder dies, if his heir wants to protect his rights, of course he must find his own lord to approve it. In order to gain this recognition, a large inheritance had to be paid.

There is no fixed amount of inheritance money, it all depends on your preference. However, this kind of thing based on one's own feelings is the most troublesome. Anyway, it is impossible to get approval easily without bleeding a lot. If it is not recognized by the feudal lord, the most serious situation is that the land and fiefs will be deprived and transferred to other people.

On Earth, even in modern times, this is nothing more than turning this inheritance money, which depends on your heart, into an inheritance tax with a prescribed proportion. As long as a person dies, he cannot survive. There was even a period when the inheritance tax on nobles in Eagle Country was as high as an insane 80%. It can be said that as soon as a person dies, the family property is almost confiscated.

It's good to listen to those big guys who are ranked on the Forbes wealth list, who claim that they will donate all their property and will not let their children inherit it. They just use the foundation to avoid paying inheritance tax. After all, Magnesium Emperor's inheritance tax is 50%. This means that as soon as a person dies, half of his property will be taken away by the government. How could those 'really' rich people allow this to happen.

But! The Gold Coin Goddess herself has no need for gold coins.

Because if the Goddess of Gold Coins increases her power by collecting gold coins, her money-making behavior will only prompt humans to look for trading media or means other than coins, thus cutting off the foundation of the Goddess of Gold Coins' existence. It is impossible to collect all the coins in the world and eventually become the god of gods. That would only destroy Himself.

Therefore, the way for Ke Yin's power to grow should be to strengthen its power through the circulation of money, which is the route planned by Lin. Under such a premise, if the original holder dies, his assets will be frozen in the Kingdom of God. This kind of thing that the bank of the earth desires is not good for the goddess of gold coins.

On Earth, such unowned accounts are actually equivalent to small bank vaults. In name, they are waiting for someone to come forward and claim that they have legal inheritance rights, but on the other hand, they are secretive and prevent others from checking the accounts. The most famous one is that during World War II, a certain ethnic group had a large number of accounts in Swiss banks. Due to the massacre of a certain madman, the money became an unexplained taboo of the bank.

But this is not what the goddess of gold coins needs. Coupled with the binding of personal accounts and souls, when a person's soul disappears, Ke Yin can certainly detect who has died. Then the deposit in his account will be transferred to the account of his heir or designated person after a certain period of time, and only the transfer fee will be deducted.

The reason why we have to wait for a while before taking action is because the lost land can be resurrected. Wouldn't it be funny if a person was resurrected and his property was first divided up as inheritance? On the contrary, even if a person dies, as long as the soul still exists, that 'person' can definitely use the money in the bank account. This means that the banking rights of the undead, undead, and lich are also protected by Ke Yin.

In short, such a design for the goddess is to keep the money flow alive and not stagnant in one place. The more troublesome part is the identification of the successor and the designated person, and whether the basic rights of the blood successor should be protected.

For example, I heard on Earth that a certain man, with the certification of a lawyer, assigned his property to a little vixen who appeared out of nowhere. As a result, his wife and biological children did not receive a single penny. .

Or a situation where all the property is given to a certain child and the other children receive less than half a cent. In fact, the law usually guarantees the inheritance share of direct blood relatives, and you can file a lawsuit to get back your share.

However, the land itself has its own rules regarding inheritance. Although there are slight differences in different places, Lin decided to leave this issue to the people of Midi to discuss it themselves. Because this thing is something that has no standard answer. No matter how you do it, the party who suffers will be scolded. It's better to leave this hot potato to others to worry about.

In short, the issue of withdrawing funds only using Ke Yin's Great Holy Emblem was still accepted by the Midi people.

In fact, in Lin's plan, various functions will be opened one after another, but there is no rush to open them all at the same time. Because people's usage habits will change and adapt. If there are too many suddenly, too fast, and maladaptation occurs, it will bring disaster.

For example, in my own memory, when plastic currencies such as credit cards first entered the society I lived in before time travel, a lot of people mistakenly believed that the convenience brought by delayed payment was their own consumption power. So not only did they max out their credit cards, but they also fell into the hell of using their cards to support them, and eventually became a card slave, that is, a person who owes huge debts due to credit cards.

In the same situation, if the bank that you promoted suddenly opened up too many functions that you were accustomed to before time travel, it would very likely defeat the fragile economy of the land in one fell swoop. This does no one any good.

In fact, when Lin reviewed his actions these days, he unexpectedly discovered that he seemed to have inadvertently avoided a crisis. That is the inflation that may be caused by exchanging old and new coins.

asxs/view/1453

Inflation does not mean rising prices. Rising prices are only the result of inflation, but it does not mean that all the reasons for rising prices are caused by inflation.

In an environment where the size of the economy is equal to one hundred dollars, if a currency of one hundred dollars is issued, a person holding ten dollars can spend one dollar to buy goods worth one dollar. But when the economy is only one hundred yuan in size and two hundred yuan of currency is issued, then people have to pay two yuan to buy the same product. For this person who only holds ten yuan, things have become more expensive, one yuan becomes two yuan.

Strictly speaking, this cannot be regarded as things becoming more expensive, but that money has become thinner.

Originally, the exchange ratio of the imperial good coins designed by Lin to new coins was as high as 1.2 to 1.3, which gave many people the illusion of increased wealth. However, when calculating the total weight of precious metals held by each person before and after exchanging coins, the total weight is actually slightly reduced, because the custody fee was taken away by the goddess of gold coins, but the final calculated number of coins only increased.

Such a situation may have had the consequences of inflation. But in the end nothing happened! When someone recalls this episode afterwards, he is honestly frightened.

After reviewing the possible reasons, one of them is that the Technology Guild, the largest manufacturer complex in the Holy City of Estali, did not change its pricing and valuation figures during this period of time. This also allows all small businesses that produce basic necessities for people's livelihood, such as bakers, butchers, fishmongers, etc., to maintain the sales volume of their products and stabilize the market.

Second, although the exchange of good coins for new coins has increased, the exchange of bad coins has decreased, and the exchange of ordinary coins is close to a one-for-one ratio. As the number of coins exchanged increased and decreased, although the overall property of the residents of the Holy City increased, they did not think that the value of the coins had 'changed'.

Not to mention that precious metal currency itself is valuable, not banknotes, only numbers. So when people sell goods, they still maintain the same pricing as in the past. Because they believe that the value of the precious metal they can receive remains unchanged.

All in all, this is a good thing. Lin could only lament that ignorance is bliss.