Chapter 413: A Grasshopper on a Rope

The semiconductor industry is like a wave, with peaks and troughs.
It's like a viral snack suddenly becoming a sensation online. The company sees this and rushes to build a new factory, producing at breakneck speed.
And the result? The factory is barely finished when the hype dies down. Consumer tastes change faster than flipping through a book, the snack stops selling, the factory shuts down, and all the investment is wasted.
"You mean, expanding the factory now carries a very high risk of future losses?"
"Yes, very high. After all, this boom is a 'special benefit' created by market fluctuations, and it's not sustainable."
This is indeed a difficult choice, and Qin Han fell into deep thought.
However, whenever this kind of indecisiveness strikes, there's always a tried-and-true ultimate solution.
"How about this, I'll find an opportunity to personally talk to Chairman Su of Fang Huan about this."
That's right, the solution is: Seek divine intervention!
Fang Huan and Jiang Jin are now deeply intertwined, like grasshoppers tied to the same rope, their fates intertwined.
Especially in a field like semiconductors, where a single move can have far-reaching consequences, listening to Su Hao is always the right thing to do.
Outsiders might laugh, thinking, "How can the head of the prestigious Jiang Jin Group act like a baby, asking others for advice on everything?"
Heh, they don't understand.
If that "other person" is Su Hao… forget about relying on him, Qin Han would feel like he'd gotten a steal even if he were given the entire Jiang Jin Group to manage.
“Oh, right, Chairman,” an executive added, “Speaking of which, Fang Huan and his team recently sent Jiang Jin a cooperation request.”
“Oh? What request?”
“They’ve launched something called ‘Fang Huan Coin,’ which is said to be usable across all of Fang Huan Group’s platform ecosystems.
Now, they want all of Jiang Jin’s home appliance, hotel, supermarket, and payment systems to be fully integrated, allowing Fang Huan Coin to circulate freely within our channels.”
“Fang Huan Coin? This thing… is it like those local consumption vouchers issued by the government?”
“You can think of it that way, except the issuer is Fang Huan. And they promise to maintain its price absolute stability, like a stablecoin.”
Qin Han’s heart skipped a beat. He seemed to recall Su Hao mentioning it during a guild event, something about Fang Huan working on a cryptocurrency project that could potentially revolutionize the world.
"Wow, this kid's got big ambitions. Does he really want to treat this like cash?"
"Yes. And they've promised that Fang Huan will cover all transaction fees and additional costs incurred.
Judging by this, they're willing to go to great lengths to expand its use and grow its user base."
Actually, attempts to use cryptocurrency like cash have been made before, in fact, countless times. But what were the results?
Every single one of them, without exception, failed.
"So, the risks involved are quite high.
What if this thing collapses like that Luna Coin from a while back, targeted by external forces...?"
An executive said worriedly.
"But behind it stands Fang Huan!" another executive countered.
"Fang Huan's financial resources are unparalleled in the country. What if it doesn't collapse like Luna Coin, but is actually stabilized by them?"
"Then the story would be completely different!" The executive, who had just been worried, suddenly had a glint in his eye.
"Chairman, professional institutions have assessed it. If this thing can truly remain stable and withstand all storms, then it will become a pioneer of a new era!
The world that Tebi Coin has dreamed of but never achieved may very well be ushered in by Fang Huan himself!"
This means that it may become a true rule-maker, a disruptive force!
"If any other company had said this to me, I would have kicked them out immediately. But the person orchestrating all of this is Su Hao..." Qin Han muttered to himself.
Besides, what if Jiang Jin refuses?
With Su Hao's current power, the sheer scale of the waves he will unleash is enough to send chills down the spines of everyone present.
"Full cooperation!" Qin Han declared decisively. "Use the highest level of protocol for this engagement! I feel that this Fanghuan Coin is extraordinary."
"Yes, Chairman!"
"Speaking of which..." Qin Han suddenly stroked his chin, a bizarre thought popping into his head.
"You guys think this thing...could actually challenge the US dollar and become the world's currency?"
"Uh...Chairman, this...this shouldn't be possible, right?"
Yes, logically speaking, it's simply a fantasy.
How could a digital currency issued by a private company challenge the global dominance of the US dollar?
But for some reason, a strange premonition rose in Qin Han's heart.
Because...creating miracles, turning everything "unreasonable" into "reasonable," isn't that exactly what Su Hao has been doing all along?
***
At the same time, in the Fanghuan Investment conference room.
"Chairman Su, breaking news, FTX...has finally filed for bankruptcy."
The history of the cryptocurrency world has added another shocking bombshell.
FTX, the world's second-largest cryptocurrency exchange, once an invincible behemoth, has collapsed.
"It seems the aftershocks of the Lunacoin crash precisely triggered it. Those institutions deeply intertwined with FTX lost everything in that Lunacoin wave."
Actually, losses alone wouldn't have been enough to bring down a behemoth like FTX.
The real death knell was the "bank run," the cryptocurrency "withdrawal frenzy."
The Lunacoin collapse shattered the last shred of investor trust in the cryptocurrency market.
Then, news broke that FTX was also deeply involved, like throwing a match into a powder keg. Panic spread instantly, and everyone frantically withdrew their funds, fleeing at any cost.
Even the strongest dam cannot withstand such a flood of impact.
"The problem is, FTX isn't the only one that's collapsed.
The numerous exchanges, large and small, that followed suit are now collapsing one after another. The entire cryptocurrency market is in complete chaos, a veritable apocalypse."
Luna Coin shattered the foundation of trust built over a decade in the cryptocurrency world.
That's a tragedy of four hundred billion dollars vanishing overnight!
Now that even FTX, a pillar of the cryptocurrency industry, has collapsed, who would dare to trust this market?
Thus, amidst the turmoil, the entire cryptocurrency world is undergoing an unprecedented reshuffle.
“How are things on our end?” Su Hao asked calmly.
“We’re perfectly fine. Fanghuan Exchange doesn’t just operate in the cryptocurrency market; it also collaborates with the M-share market.
Furthermore, with this Fanghuan coin issuance, we directly injected 5 billion yuan into the market as a benefit, with outstanding results.
The concept of ‘usable, easy to use, and more cost-effective’ has completely won over the market.”