Chapter 810 Progress
To be precise, Barron does not care whether BitC can change the world. This is too ideal.
He just needs to be able to ensure that BitC can at least have a development trajectory similar to his previous life. Well, it would be better if it could last longer.
If BitC can truly become an anchor of monetary value similar to gold in the future, Kolo, who embraces BitC, will definitely be able to gain the corresponding right to speak in this field.
Even if they cannot reach this height, at least they can get dividends from the development of the entire industry.
Barron knew that in his previous life, although there were countries that used BitC as legal currency, they were all very small countries...
For example, El Salvador, on June 9, 2021, in the original time and space, The proposal was passed by Congress to use BitC as a legal currency. This is also the first country in the world to recognize BitC as a legal currency.
But in the end, there are reasons for El Salvador, a country whose name most people have never heard of before, to make such a decision...
El Salvador is located in Central America. The land area is less than half of Colo...
Well, seeing that it is located in Central America, you should have a general understanding - areas with the highest crime rates in the world, such as Guatemala, Honduras, and El Salvador , has been a country that has been at the top of the list of global homicides for many years...
There's no way, it's too far from heaven and too close to America.
In terms of economy, El Salvador’s official currency, the Salvador Colon, suffered a sharp devaluation in 2001 and was gradually abandoned. After that, El Salvador stopped issuing its own currency and used the US dollar as their official currency.
Then in 2008, the subprime crisis hit...
El Salvador found out helplessly that the value of its Salvadoran Colon had depreciated so much that it was unreliable even in U.S. dollars—— With the Fed's "big release", the dollar also began to depreciate.
The key is that if the US dollar depreciates, the United States can pay cash compensation to its people, but El Salvador will completely have to bear the negative impact of the US dollar depreciation...
Therefore, El Salvador has designated BitC as their legal currency, but their situation is already bad enough. It is better to give it a try. Anyway, no matter how bad it is, it will not get any worse...
But until Brazil Judging from the situation before Lun's rebirth, El Salvador's approach was a blessing in disguise - although the price of BitC fluctuated greatly, at least because they continued to use state funds to buy BitC, they would still make a lot of profits later.
Otherwise, it would be impossible that after El Salvador, more countries and regions are preparing to use BitC as their legal currency.
Despite this, the situation in Kolo is different from those countries where "barefooters are not afraid of wearing shoes". It does not mean that they will put all their chips on BitC. It only needs to be like Lijiapo or Dubai later. , just be friendly enough to this industry.
Excluding the 600,000 BitCs from Satoshi Nakamoto that Barron plans to "save" and not use, the distributed foundation he controls alone holds more than 500,000 BitCs. , and has been continuing to buy.
Therefore, in the future, the distributed foundation will become the largest banker of BitC.
Colo’s position in the entire development of BitC is far beyond that of countries like El Salvador.
……
“At present, our King’s Cross neighborhood renewal plan has completed the first and second phases of the project, and the remaining two phases of the project will also be completed within the next ten years. It is being completed one after another..." Speaking of which, the King's Cross neighborhood renewal project led by Argent Real Estate Group has been in progress for more than eight years. Coming here again with Earl Bute, Barron was able to discover what the King's Cross neighborhood looks like. , there have been earth-shaking changes from the earliest times.
Although Barron still believes that the progress of the project here is a bit slow, objectively speaking, in England, this project is already progressing relatively smoothly.
King's Cross Station has been renovated, making this area once again a transportation hub in London.
The flow of people coming and going naturally provides vitality to the renovated King's Cross neighborhood.
“In the King’s Cross neighborhood, the London government focuses on promoting, in addition to finance, several major industries with the strongest ability to create wealth in modern society: technology, creativity, fashion, design, and the music industry are gathered here...”< br>
Earl Butt pointed to the office building not far away and said:
"Quite a few companies have moved their London headquarters here. In addition to the planning for London, our updated facilities and relatively cheap rent are also the main reasons."
In In the business district not far from King's Cross Station, the O2 Telecommunications Building particularly attracts people's attention.
In addition to O2 Telecom, which has already moved its headquarters to King's Cross, technology companies such as Google and Woaw Technology, as well as many top companies such as Universal Music, Sony Music, and Havas Group, have also moved their headquarters to King's Cross. Located in King's Cross.
It can be seen that the development potential of King's Cross is still great, and through the development of this area, Argent Real Estate Group has successfully become the leading real estate group in the UK.
You must know that this area includes some high-end apartments and office buildings. Except for a few buildings such as the O2 Telecom Building and the Cavendish King Building, which are directly for sale, most of the residential and The office buildings are all owned by Argent Real Estate Group and are only rented out.
Although this will take up a lot of funds, it will also bring continuous and stable cash flow to Argent Real Estate Group because London's high-end residential and office buildings have been in tension and rents have continued to rise.
“In addition to the projects that have been completed so far, the third and fourth phases also include several large shopping malls and commercial complexes. It is expected to be put into use in 2018 at the latest, and it will be more able to be put into use by then. Enrich the business in this area..."
Standing on the roadside at this time, as far as Barron could see, he could see many men and women in suits and white-collar elites hurriedly walking past the street.
Although they are surrounded by a lot of entourage and bodyguards, which makes people want to take a second look, but almost no one will stop and watch, and will leave immediately.
“I am still very optimistic about the British real estate industry. After the previous economic crisis, the real estate recovery is coming, so I think Argent Real Estate Group still needs to continue to develop real estate here in London, well , in addition to London, including Liverpool and Manchester, there is development value.”
After hearing Barron's words, Earl Bute nodded:
"That is true, but our current overseas development is also very good. Although it is not easy for you to invest too much money in India, at least it is The project in Mumbai is still very successful.”
“Some cities in India are also developing well, and there is also a huge demand for commercial real estate and high-end residential buildings, but Ian...”
Barron said cautiously:
“Our model there must be different from that in England. There is no need to hold it all the time, and we need to focus on selling.”
He still maintains his consistent attitude. As for investment in India and long-term planning, it is easy to get into trouble. It is safest to just accept it when it is good.
(End of this chapter)