Arcane Lord

Or to put it another way, the Northern Alliance was jointly decided by the Northern countries, which is equivalent to everyone co-founding a company. Therefore, the money of the Northern Alliance is actually the money of the Northern countries.

It is reasonable to use the money of the Northern Alliance to subsidize the investment made by various countries for the security of the North.

In fact, even if the subsidies given to Xiaduo and Yeerlan this time are as high as 90 million, no country has raised any objections. Some even deliberately let the water go during the evaluation process and did not completely cut off the water in the 90 million.

Because the Alliance mages responsible for the evaluation know that the evaluation standards they give now are likely to benefit themselves in the future.

As for whether the Northern Alliance will have a fiscal deficit due to these subsidies, they don’t need to think too much about it. At present, the two major sources of income of the Northern Alliance-

the computing power pool and the giant mithril mine in the Gray Peak Mountains are both stable in output, and are even continuing to rise.

What they should worry about most is not that the alliance will have no money, but how to reasonably and legally convert this large amount of continuously rising public funds into their own private wealth under the supervision of various countries.

This is actually an art. It is not something that can be passed off by simply inflating expenses. After all, it is everyone's money that is being spent. No one wants to be taken advantage of by others, so the rules must be fair.

Although the offer to Xia Duo and Ye Erlan this time still has some water, it is already within the scope allowed by the rules and may also withstand review and audit.

Correspondingly, with the endorsement of rules and procedures, Xia Duo is completely at ease with the money, and he has even begun to plan the use of this unexpected wealth.

A considerable part of it will be used to issue the official currency of the territory [Blue Gold Coin].

At present, the Blue Gold Coin of Daxia Territory has developed to the second stage, that is, the stage of full popularization of the territory and continuous external output, which requires a large amount of gold and silver to create new coins!

In addition to physical currency, Xia Duo is also preparing to try to issue digital currency, that is, the balance function on the ID card of the people in the territory. This was planned before, but now it is just a little ahead of schedule.

There are two main considerations for the advance. One is that this unexpected wealth must always find a place for it, and it is very suitable as a reserve for digital currency.

Another thing is the decay zone, which has become a divine grace refresh point for him. In the future, as long as he continues to invest in students or spend a little money to get the operator status of the Alliance Sacrifice Plan, he can get a lot of divine grace.

He will have the opportunity to improve the patent barrier construction of the communication maze and increase the cost of elves' imitation, which will enable his plan to promote the communication maze to be implemented in advance.

In order to cooperate with the promotion of communication maze, digital currency is also necessary, because the promotion of maze is bound to be accompanied by the emergence of a large number of new paid functions.

Users in Netheril can pay at the office run by the Mingshui Chamber of Commerce, a partner of the Tower of Time. This is not a big deal, after all, the Mingshui Chamber of Commerce has offices in almost all larger towns in the country.

But the Mingshui Chamber of Commerce does not have such a big influence abroad. Even if it can find a local partner, the cost of maintaining such cooperation is not low.

In fact, it is also costly to use the Mingshui Chamber of Commerce to collect money on behalf of the domestic users, not without cost. In this case, digital currency is particularly important.

It is enough for the Tower of Time to open a small number of offices for users to recharge. These offices can actually be combined with the Void Warehouse Chamber of Commerce or other stores.

If we can reach a cooperation with the Northern Alliance in the future, and distribute the subsidies given to each user by the Alliance's public computing power pool in the form of digital blue gold coins, we can initially complete the closed loop.

In this process, the blue gold coins of Daxia can also be successfully embedded in the entire financial system of the Northland with the help of the computing power pool system.

Even if everything goes well in the future, it is not impossible to become the only legal currency in the Northland.

And the starting point of all this is the issuance of digital blue gold coins.

Xia Duo attaches great importance to this plan. It is not only related to his important strategy in the longer term, but also can be used to deal with the depreciation of gold and silver caused by the continuous output of giant mithril in the Gray Peak Mountains. (Mithril is a co-existing mineral, and gold and silver are produced more)

He does not expect to harvest the Northland with digital blue gold coins, but he does not want his wealth to shrink significantly due to the depreciation of gold and silver. In this case, a more stable currency must be used for anchoring.

As long as his plan is good enough and stable enough, he may not need to wait for cooperation with the alliance to enter other countries first.

After all, except for the winner of the snowmelt competition that year (who can get additional dividends from the mineral income of the Gray Peak Mountains), no one can guarantee that their wealth will not depreciate due to the flood of gold and silver, similar to the fact that wealth growth on Earth cannot keep up with inflation.

Especially for those small countries, their size is there. Once gold and silver are flooded (the output of the Gray Peak Mountains is higher than the total value of small countries), big countries may even buy at the bottom directly.

In this case, even if there is no digital blue gold coin, countries will most likely find a way to recreate a more stable new currency.

For example, in order to cope with the continuous output of gold and silver in the Gray Peak Mountains, Komanso updated their magic coins, which are more difficult to imitate and more expensive than in the past.

In the past, Komanso's magic coins have always been the common currency in the North, and even Ilfarang, who is most hostile to Komanso, will not refuse Komanso's magic coin transactions.

But in the past, the output of gold and silver in the North has been relatively stable, basically the consumption (gold and silver can also be used as magic materials, especially gold, as long as the quantity is large, the performance is better than mithril and more stable).

Therefore, the exchange rate between the currencies of various countries and the currency of Cormanthor is basically maintained at 1:1, which is a stable exchange rate brought by the value of gold and silver itself.

Now, due to the continuous increase in the output of gold and silver in the Gray Peak Mountains, the price of magic coins has continued to rise. The most exaggerated exchange rate has reached 1 Hillmer (Cormanthor gold coin) for 2 standard gold coins.

Specific to the different standards of gold coins in various countries, the actual exchange rate may be more exaggerated. For example, the Brightwater gold coins issued by the Brightwater Chamber of Commerce in Netheril require about 1.8 coins to exchange for 1 Hillmer.

The exchange rate of Evereska gold coins is also about the same.

All countries want to issue their own magic coins, but currency issuance is a continuous process. The cost of magic coins is much higher than the face value of the coin. Small countries can't play with it at all. Rashly issuing may become a shortcut for others to attack.

The blue gold coins that Shado found were actually a kind of magic coins, but he did not use arcane magic to add anti-counterfeiting marks to the blue gold coins, but used the power of order spells. The cost at this stage is almost negligible.

But if he wanted to imitate the Cormanso magic coin, it would be very uneconomical. The imitation coin made at a cost far exceeding 1 gold coin can only be used as 1 gold coin. Only a fool would do that.