My Fintech Empire

On the next day, Saturday, April 1, the A-share market was closed for four days due to the Qingming Festival. At around 10 am today, Fang Hong logged into his Weibo account and quietly updated a latest dynamic message:

[In the past few days, our team has been studying and discussing for a long time, and finally reached a consensus to bet heavily on generative artificial intelligence and digital economy.

We decided to launch an investment plan of 7 trillion yuan, which will be used to build an integrated storage and computing center, and will be completed in seven years with an annual investment of 1 trillion yuan.

By then, 3 million large, medium and small storage and computing centers will be invested and built nationwide according to local conditions, and large storage and computing centers with more than 5,000 cabinets will account for about 10,000.

The plan will eventually complete the goal of 300EFlops of basic computing power of computing equipment, 270EFlops of intelligent computing power, 130EFlops of supercomputing computing power, and a total computing scale of 700EFlops and a total storage scale of 5000EB. 】

……

Fang Hong quietly updated this dynamic on his Weibo account. When people from all walks of life saw the content of this Weibo, they saw the data indicators such as 7 trillion, 3 million storage and computing centers, 700 EFlops, etc., and their eyes and jaws dropped to the ground.

This Weibo went viral as soon as it was posted, and the whole network was in an uproar. Whether it was the investment community, the technology community, or the media community, they were all stunned.

Wow! People from all walks of life saw it and shouted wow!

At this moment, the comment area under this Weibo dynamic was also in an uproar.

[What? 7 trillion? No way? No way? Did I see it wrong or did you, K God, make a mistake? ]

[Woc! This, this, this...]

[What's going on? What's going on? The rhythm of all-in-one! ]

[Oh my god, 7 trillion, I don't even know what the specific concept is. In short, it is an extremely astronomical number. ]

[I don't quite understand. How much does it cost to have 700 EFlops of computing power and 5000 EB of storage? Can anyone explain to me, are 700 EFlops and 5000 EB a lot? ]

[Eflops is a data used for the floating-point computing power and execution efficiency of computers. 1 EFlops represents 100 trillion floating-point operations per second, which is 10 to the 18th power, and 700 EFlops means 700 trillion floating-point operations per second. If you still don't understand, let me tell you this. The current global computing power scale is about 200 EFlops. 700 EFlops is 3.5 times the current global computing power scale! ]

[As for the storage capacity of 5000 EB, it is converted into GB, which is 5 trillion GB, equivalent to 39 billion smartphones with 128GB memory capacity. Last year, the global shipment of smartphones was less than 1.5 billion, which means that every smartphone needs 128GB of memory to match its storage capacity for 26 years. ]

[Ward God...]

[However, I am not educated, I can only say WOC. ]

[What a big deal...]

[Fuck, the price of graphics cards will definitely rise sharply, I will buy one to play games first, I wanted to wait and see, but it will only be more expensive if I wait! ]

[Wow, Bitcoin has taken off, it has already risen 50 points, and Ethereum has soared more than 80 points...]

[Fuck, these guys are really quick to react, why didn't I think of this, artificial intelligence, blockchain, digital economy, K God released such a big event, I should have thought that Bitcoin would take off. ]

[Everyone, I want to ask if there is a possibility that K God is joking? Look at what day it is today, April 1st, April Fool's Day. ]

[? ? ? ]

[Fuck, no way? No way? ]

[Now it’s all self-media and some third-party media that are reporting. I haven’t seen any mainstream media or newspapers reporting on it. Logically speaking, such a big thing should be followed up by official media and newspapers. ]

…

Fang Hong’s Weibo caused an uproar on the entire Internet. Both industry insiders in the technology circle and people in the investment circle were shocked. At the same time, the encrypted digital currency market was directly excited within less than three minutes after the Weibo appeared. Major encrypted digital currency varieties such as Bitcoin and Ethereum were directly pulled up by bulls.

Just when everyone was shocked by Fang Hong’s Weibo, as time went by, about half an hour later, more and more people seemed to recover. It seemed that something was wrong and they couldn’t find it for a while.

When they saw that today’s date was April 1, April Fool’s Day, many people were shocked when they saw this date. Could it be that Fang Hong was playing a trick?

When many people came up with this idea, their brains were not enough for a while, as if they were trapped in a quantum superposition state, and they felt that this matter was both true and false.

I think it's true because Fang Hong shouldn't be such a joke, right? But the data he said in his Weibo updates are really too outrageous. Whether it's investing 7 trillion or building a scale that is 3.5 times the current global computing power, they are all way out of the ordinary, especially the 7 trillion. The stimulus plan in 2008 was only 4 trillion. Although this comparison is not very rigorous.

The key is that choosing April Fool's Day looks like a prank, at least the possibility of a prank cannot be ruled out.

At this moment, people from all walks of life in the investment, technology and media circles have used their personal connections to call for verification, and the phone of Qunxing Capital has also been bombarded with calls, just to verify whether the news is true or false.

However, even if the customer service hotline of Qunxing Capital is bombarded, it is impossible to get accurate information. If the level is not high enough, the response is formulaic. Even if there is a private contact information of the core executives of Qunxing Capital, it may not be able to get reliable information.

It is impossible to verify whether the facts are reliable or not in a short time. Many people are almost dying of anxiety, especially some investment institutions. At this time, news is really comparable to gold. Whether it is true or false, as long as you can get accurate and reliable news before others, you can earn information gap profits.

However, the core executives of Qunxing Star are not accessible to everyone, let alone giants like Fang Hong.

The current situation is that only a very small number of people have received accurate information and know that this is not Fang Hong's April Fool's Day prank. This is true, but these people who have received accurate information will not spread it out.

At this moment, the long-short game in the encrypted digital currency market is extremely exciting. A few minutes after Fang Hong updated the Weibo, Bitcoin, Ethereum and other varieties soared like pulling onions from dry land. When the currency circle players saw the news, they hurried to buy, and the shorts were directly beaten. Even the prices of graphics cards in some offline stores rose on the spot.

But more than half an hour later, as the Internet began to spread that it might be the work of K God on April Fool's Day today, the currency circle players saw it and exclaimed on the spot: Wow, this is a trap, run, run, run!

It's better to believe it, and run away without even pulling up your pants!

So Bitcoin, Ethereum and other major encrypted digital currency varieties soon reversed, diving directly off the cliff, and the shorts chased the longs all the way.

Bitcoin soared from more than $940 to more than $1,500, and then crashed to around $1,000. Ethereum was not much better. The daily time-sharing trend seemed to draw a "middle finger" pattern.

The cryptocurrency circles at home and abroad are so lively right now. In fact, it is not just the cryptocurrency circle that is lively right now. Fang Hong just sent a Weibo post and thousands of people were itching like a cat scratching. They felt itchy, restless, and unable to calm down. It was so annoying that they could not stop.

…