Finished talking about the magic weapon shop in Sanxiufang City, Guang'an Prefecture.

Chen Daoxuan turned back to the topic again.

He instructed: "Daochuan, the currency that our Chen family is going to issue in Guanhai Xiancheng has far-reaching significance, and we must not take a wrong step, otherwise, for my Chen family, it will be doomed!"

I heard Chen Daoxuan take the matter so seriously.

Chen Daochuan nodded solemnly and said, "Young patriarch, you can rest assured that I will take good care of the Changping Central Bank you mentioned, and there will be no accidents."

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

In fact, Chen Daoxuan was deeply touched when he used the spirit stone back then, and it was really inconvenient to use the spirit stone as currency.

Fortunately, the loose cultivator still has a storage bag, and the loose cultivator is shy in his pocket. Usually, he does not have many spiritual stones in his body.

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

For example, the 80,000,000 Lingshi military expenses allocated by the Guang'an Prefecture Allied Forces to the Western Defense Region Allied Forces used ten Lingxu battleships to transport them.

Eighty million spiritual stones, if piled on the ground, 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.

It's just that the Chen family was weak at that time.

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

If you want to talk about the use of spirit stone coins to replace spirit stones for trading and circulation, let alone outsiders laugh out loud, the Chen family cultivator probably wants to laugh when he hears it.

Chen Daoxuan knows that the issuance of a currency is definitely not a simple matter.

First, the currency has to be collateralized.

in the past.

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 coin, gold bullion standard, and gold exchange standard.

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

But later.

With the continuous development of productive forces and materials, the gold standard monetary system has been unable to adapt to the rapid development of productive forces.

The performance is that there are too many products being produced and too little gold to issue enough money.

If a huge amount of excess currency is issued, in order to adapt to the development of productivity.

But in this way, it will inevitably face the risk of gold acceptance.

That is, a bunch of people holding money and wanting to accept gold will find that there is no gold to accept.

This is undoubtedly an extremely dangerous thing, which will cause a devastating blow to the credit of the currency.

The development of society to this stage also means that the gold standard monetary system gradually declines.

In modern society, the issuance of currency is no longer collateralized by some kind of physical object, but has become a collateral of nothingness, that is, national credit.

Of course.

If the Chen family uses the family credit as collateral to issue a currency, it is estimated that they will be spat on by colleagues from Guang'an Prefecture.

Chen Daoxuan still has this point.

Since credit cannot be used as collateral for currency issuance, the only choice is to use the spirit stone itself, which everyone agrees with, as the acceptance.

Even so.

In order for the loose cultivators and family cultivators in Guanhai Xiancheng to accept such a currency, Chen Daoxuan had to make adequate preparations.

Except for currency acceptances.

Another difficulty is the currency itself.

in the past.

Most countries issue paper currency.

According to the different anti-counterfeiting measures of each country, the quality of the currency produced is also different.

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

And some currencies, just call a printing and dyeing factory, can do better.

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

This is not a simple matter.

In other words, these two requirements are somewhat contradictory.

Difficult to counterfeit means that the currency is difficult to counterfeit and easy to issue, which means that the production speed is fast.

To solve this contradiction, we must have superb coinage technology.

And this problem.

It was the first task that Chen Daoxuan handed over to the Institute of Magical Instruments established by Chen Daochu.

......

Twin Lakes Island.

A ray of light crossed the sky and landed in the spiritual veins of Shuanghu Island.

in front of you.

A unique building appeared in front of Zachen Daochuan.

On the plaque of the building, the characters "Changping Dharma Instrument Research Institute" are written.

Chen Daochuan and the others are basically immune to the endless new names of the young patriarch.

Or not immune.

But the education Chen Daochu and Chen Daochuan received since they were children is the enlightenment education Chen Daoxuan gave them.

These new terms, they have been exposed to since childhood.

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

at this point.

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

To some extent, their vision is closer to that of Chen Daoxuan's children in previous lives.

"That's it."

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

"Young patriarch, please!"

Chen Daochuan made a please gesture.

Chen Daoxuan nodded, raised his legs and walked towards the interior of the Magical Instrument Research Institute, followed by Chen Daochuan.

The exterior construction style of Changping Dharma Instrument Research Institute is quite ancient.

It is very similar in structure to the traditional Xianjia Palace in Wan Xinghai, but the interior is completely different.

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

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

only.

The laboratory of the Changping Institute of Magical Instruments is almost empty.

Come to think of it, at the age of Chen Jiafu's cultivator and his level of refining, he still does not have the ability to run a laboratory by himself.

Even though their crafting talent was "blessed" by Chen Daoxuan's preaching.

nowadays.

In addition to Chen Daoxuan, Chen Daochu is the only one in the Chen family. With the "blessing" of Chen Daoxuan's preaching, he barely has the understanding and ability to create a new type of magic weapon.

"Good boy, well done!"

As soon as he walked into the laboratory, Chen Daoxuan heard Chen Daochu's excited praise~www.wuxiahere.com~ What's the matter, why are you so happy? "

"Young patriarch?"

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

"Daochuan, when did you come back?"

Seeing Chen Daochuan, Chen Daochu, who grew up with him since childhood, said excitedly.

"I was just transferred back to Guanhai Xiancheng by the young patriarch today."

"Great!"

Hearing the two reminiscing about the past, Chen Daoxuan interrupted with a smile: "Okay, let's talk about the reminiscence later, how is the research on the task I gave you, it's been almost half a year."

"Successful, successful!"

Hearing Chen Daoxuan mentioning the task, Chen Daochu was all excited.

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