After talking about the issue of the magic weapon shop in Guang'an Prefecture Ran Xiu Fang City.

Chen Daoxuan turned back to the topic again.

He instructed: "Daochuan, the currency that our Chen family will issue in Guanhai Fairy City is of far-reaching significance and must not take a wrong step, otherwise it will be a state of doom for our Chen family!"

I heard Chen Daoxuan say this so seriously.

Chen Daochuan nodded seriously and said, "Young Master, don't worry, I will take good care of the Changping Central Bank you mentioned, and there will be no accidents."

Despite Chen Daochuan's guarantee, Chen Daoxuan knew in his heart that Chen Daochuan knew nothing about the operating mechanism of the bank and he had to be on the sidelines to give advice at all times.

In fact, when Chen Daoxuan used the spirit stone back then, he felt deeply that it was extremely inconvenient to use the spirit stone as currency.

Fortunately, the casual cultivator also has a storage bag. In addition, the casual cultivator is short of money and does not have many spirit stones in his body. He cannot experience the troubles of too many spirit stones and cannot hold the storage bag.

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

For example, the 80 million Lingshi military expenditure allocated to the Western Defense Zone coalition by the Guang'an Prefecture Alliance, ten Lingxu warships were used to transport it.

If eighty million spirit stones were piled on the ground, they 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 that time on, Chen Daoxuan had the idea of ​​replacing the spirit stone with a currency.

However, the Chen family was weak at that time.

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

If you want to talk about the spiritual stone coins that replace the spirit stones for trading and circulation, let alone outsiders laughing, the Chen family monks probably want to laugh when they hear it.

Chen Daoxuan knew that the issuance of a currency was definitely not an easy task.

First of all, this currency must have a collateral.

In 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 coins, gold nugget standard system, and gold exchange standard system.

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

But then.

With the continuous development of productivity and material resources, the gold standard monetary system can no longer adapt to the rapid development of productivity.

The manifestation is that there are too many products produced and too little gold is not enough to issue enough currency.

If the huge amount of over-issuance of currency is used to adapt to the development of productivity.

But in this way, there will inevitably be risks of gold acceptance.

In other words, a bunch of people who want to accept gold with money will find that there is no gold to accept.

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

When society develops to this stage, it also means that the gold standard currency system is gradually declining.

In modern society, the issuance of currency is no longer a kind of physical object as collateral, but becomes a null collateral, that is, national credit.

certainly.

If the Chen family used the family's credit as collateral to issue a currency, it would probably be spit on the face of Guang'an Mansion colleagues.

Chen Daoxuan still has this number of forced numbers.

Since credit cannot be used as collateral for currency issuance, we can only choose to use the spirit stone itself that everyone agrees with as acceptance.

Even so.

If you want to make the casual cultivators and family monks in Guanhai Xiancheng accept such a currency, Chen Daoxuan must make sufficient preparations.

In addition to the acceptance of money.

Another difficulty is the currency itself.

In previous life.

Most of the countries issue paper currency.

Depending on the anti-counterfeiting methods of different countries, the quality of the currency produced is also different.

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

And some currencies can be done even better if you call a printing and dyeing factory.

The currency issued by the Chen family must have the characteristics of being difficult to counterfeit and easy to issue.

This is not an easy thing.

In other words, these two requirements were originally somewhat contradictory.

Difficult to counterfeit means that currency imitation is difficult and easy to issue, which means that manufacturing is fast.

To resolve this contradiction, you must have superb coining skills.

And this problem.

It is the first task assigned by Chen Daoxuan to Chen Daochu to establish the Magic Artifact Research Institute.

......

Shuanghu Island.

A light of escape streaking across the sky and landed in the spiritual veins of Shuanghu Island.

In front of you.

A unique building appears in front of Michen Daochuan.

On the plaque of the building, there are several big words "Changping Magical Artifact Research Institute".

Chen Daochuan and the others are basically immune to the new term that has emerged in the endless stream of young tribe leaders.

Or not immune.

It is the education that Chen Daochu and Chen Daochuan received since childhood, which is Chen Daoxuan's enlightenment education for them.

They have been exposed to these new terms since childhood.

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

at this point.

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

To a certain extent, their vision is closer to Chen Daoxuan's children in his previous life.

“That’s it.”

Chen Daoxuan smiled at Chen Daochuan and said, "Let's go."

"Young clan leader, please!"

Chen Daochuan made a gesture of invitation.

Chen Daoxuan nodded, raised his leg and walked towards the interior of the Magical Artifact Research Institute, and Chen Daochuan followed closely behind.

The external construction style of Changping Magical Artifact Research Institute is quite ancient.

It is very similar to the structure of the traditional Immortal Hall of Wanxinghai, but it is completely different inside.

It was divided into small "laborries" by Chen Daochu.

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

only.

The laboratories of Changping Magical Tool Research Institute are almost empty.

I think that with the age and level of cultivator Chen Jiafu generation, he does not have the ability to take charge of a laboratory alone.

Even though their talent for refining weapons was "blessed" by Chen Daoxuan.

Now.

In addition to Chen Daoxuan, Chen Daochu was the only one in the Chen family. With the "blessing" of Chen Daoxuan's teachings, they could barely have this understanding and ability and create a new type of magic weapon.

"Good boy, you're doing a good job!"

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

"What's wrong, what's so happy?"

"Young clan leader?"

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

"Daochuan, when did you come back?"

Seeing Chen Daochuan, Chen Daochu, who had been studying and growing up with him since childhood, was excited.

"I was just transferred back to the sea fairy city by the young clan leader today."

"Very good!"

Hearing the two of them reminiscing about the past, Chen Daoxuan interrupted with a smile: "Okay, let's talk about the past later. How has the task I assigned you been studying? It's almost half a year."

"Successful, successful!"
Chapter completed!