The Daqian's announcement that they would no longer use US dollars did not cause any waves in the market. It was as if nothing had happened.
Many people found it unbelievable, but the rich people knew very well that the Daqian's Medicine Lake Sanatorium had almost become the holy land of the rich. All the rich people hoped that they could go to the Medicine Lake Sanatorium to save their lives if they fell ill.
One had to know that the competition for a place in the Medical Lake Sanatorium was extremely intense. After all, there were only a total of 1,000 beds. Although it seemed like a lot, there were even more people in the world who were worth more than 100 million. There were more than 100,000 people who were willing to do anything for their own lives.
Moreover, 500 of the beds were exclusively for Hua Xia. They did not accept reservations from foreigners. After all, the Daqian had to take good care of the leaders of Hua Xia. After all, Hua Xia was their own father!
Therefore, foreigners only had a chance to compete for 500 beds. The number of people who had made reservations to enter the sanatorium had exceeded 5,000. The queue would last until 2022.
Naturally, the Medicine Lake Sanatorium became the Daqian's most powerful weapon. If any company or country dared to mess with the Daqian, they would be banned from entering the Medicine Lake Sanatorium.
At the same time, the Daqian was reasonable. If it was something within the scope of normal business rules, the Daqian would not take it to such a high level. However, if they dared to ban it like they did in 2010, the Daqian would not be soft-hearted.
In short, now the rich people in the world had to rely on the Daqian. The countries controlled by their capital also had to rely on the Daqian. Even if the Daqian announced that they would no longer accept US dollars, the countries would not dare to fart. Their politicians would at most curse them, but no one dared to do anything.
Otherwise, these rich and powerful people would kill those important political figures alive.
With the Daqian's announcement that they would no longer accept US dollars, the originally prosperous XXX market came to a sudden halt. It stopped growing and even shrank a little.
This was normal because investors needed to assess the impact of the Daqian's decision on the entire market.
First of all, Daqian publicly expressed his distrust of XXX, which would inevitably cause the public's confidence in XXX to waver. After all, Boss Jia had been invincible for 30 years, and even an existence like the Morgan Financial Group could be pushed to the ground. He was a living business legend, and his words would certainly have a huge impact.
Secondly, the Daqian had close to 1 trillion US dollars in transactions around the world every year. If all these US dollars were exchanged for RMB, then a large number of US dollars would be displaced, and then the US dollar would depreciate.
…
"Therefore, these two problems are not problems at all, but opportunities for us!" In a large network conference room, Elon excitedly said to all the investors of XXX, "First of all, Jia Yapeng's distrust is meaningless, because from the moment XXX was born, he has always looked down on us. Everyone has long been used to Jia Yapeng's attitude, but XXX is still developing, so his distrust is meaningless!"
"Everyone, Jia Yapeng is already old, he is already an antique, he doesn't understand the needs of the new era!"
"Secondly, the depreciation of the US dollar is extremely good for us. Because these US dollars need an investment channel that can absorb a large number of them … Everyone, think about it, if 1 trillion US dollars were to be invested in XXX, then how much could XXX rise?! "
"Wonderful!" Everyone listened and nodded, and then XXX began to rise again, and finally reached 2 million US dollars. Then, many people began to laugh at our Boss Jia, saying that he was already old.
In August, when the Daqian started to reject all US dollar transactions, a large number of US dollars were exchanged for RMB, and these financial institutions had a large number of US dollars in their hands.
But these US dollars couldn't be left in the treasury to collect dust, the money had to be spent quickly, and then let the money make more money, that was the real business!
Therefore, as Elon predicted, all the financial institutions quickly set their eyes on XXX's market, and then 1 trillion US dollars, almost 800 billion US dollars, all poured into this market.
The price of XXX continued to rise crazily, and at its peak, it exceeded 2.5 million US dollars.
"Sigh, if we want to destroy it, we have to make it crazy!" Boss Jia shook his head, and then looked at the 8 million XXX in his computer, and said lightly, "Sell it!"
"Sell it all?" Boss Jia's sixth secretary's voice trembled slightly, he only found out yesterday that the biggest owner of XXX in the world wasn't Elon, but his own boss. This was too f * cking exciting.
"Yes!" Boss Jia smiled slightly, "Since I built it with my own hands, then I will destroy it with my own hands."
At the beginning of August, 2019, XXX reached a high of 2.5 million US dollars for the first time in history, and then it instantly fell to 2.4 million US dollars.
"What happened?" The players were stunned, and then they immediately checked the Bitcoin transaction flow, and then they found that in less than 10 minutes, 2000 XXX US dollars were sold, and the price instantly dropped to 2.4 million US dollars.
"It seems that someone is not optimistic about XXX, but we are optimistic!" Many financial institutions were happy, and they happily bought the XXX US dollars at 240 US dollars.
Ten minutes later, another 2000 XXX US dollars were sold, and everyone continued to eat.
Another 2000 …
And another 2000 …
It ended after five hours, but almost everyone was dumbfounded, because every 10 minutes, there would be 2000 XXX US dollars on the market, and in five hours, there would be 60,000 XXX US dollars on the market, and the entire market was almost directly pierced.
At first, many financial institutions were very excited to buy the XXX US dollars with their own money, thinking that it was a rare opportunity.
However, 60,000 XXX US dollars, even if calculated at 2 million US dollars, was worth 120 billion US dollars. How could any financial institution buy it in such a short time?
In the end, all the XXX US dollars were put on the market, but no one could buy it.
Therefore, the XXX US dollars on the market began to drop, and almost overnight, it dropped to 2 million US dollars, and then it was completely absorbed by the market.
"It's good to adjust, there are indeed a lot of bubbles in the market recently, and it needs to be cleaned up!" Many big shots said this on the forum, and then they vowed that by tomorrow, the price would definitely rise back up!
Then, the next day, a total of 60,000 XXX US dollars were sold on the market, and the entire market instantly dropped to 1.4 million US dollars, and all the leeks fainted.
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