Chapter 5 Bitcoin? It's similar to QQ coins.
Chapter 5 Bitcoin? It's similar to QQ coins.
"A feng shui issue?"
Shen Jiayi sat on the sofa in the living room, hugging a teddy bear that was at least 1.8 meters tall. She was pulling on the teddy bear's ears while making incomprehensible noises on the phone.
"If it's not a feng shui issue, how do you explain that your father and mother's career lines have developed such serious problems in such a short period of time?"
Ye Kai opened his browser, clicked on Taobao, typed the keyword "Bitcoin" into the search box, and then started looking at the search results that popped up.
Ye Kai did not discuss sensitive topics with Shen Jiayi on QQ, mainly because he did not trust the security of the software.
Early instant messaging software was not very secure.
Especially with QQ software, the probability of being hacked or having your account stolen is much higher than the probability of your phone falling into the toilet.
If you discuss important work matters, personal privacy issues, or financial matters on QQ, they will most likely be leaked through some clandestine channel.
While mobile phone communications can also be randomly monitored, the possibility of leaks is infinitely smaller than that of QQ.
Eavesdropping comes at a cost, and a nobody like Ye Kai is simply not worth being eavesdropped on, unless his social status rises several levels.
On Taobao, the number of links involving Bitcoin is neither too many nor too few.
Ye Kai noticed that the prices of Bitcoin sold on various online stores varied, with some as low as 3 yuan per coin and others as high as 20 yuan per coin. The main selling point was the "Jiang Taigong fishing, willing fish take the bait" mentality, but the sales were very poor.
After all, at this time, people's understanding of digital currencies like Bitcoin was severely lacking, and when official media such as newspapers mentioned it, they would most likely associate it with the term "new type of online fraud".
"Feng shui issues..."
"Hey Ye Kai, do you have a way to solve this?"
After hesitating for a while, Shen Jiayi, who was opposite Ye Kai, vented her emotions by rubbing her hands hard on the teddy bear dozens of times before finally asking him for advice.
"Shen Jiayi, do you really think I'm a charlatan?"
Ye Kai suddenly found a Bitcoin online store selling Bitcoin for 1 yuan, and couldn't help but get excited.
"If you're not a charlatan, how would you know what was going to happen to our family beforehand?"
Shen Jiayi pressed her phone to her face with her right hand, suddenly stood up from the sofa, and placed her bare foot on the belly of the teddy bear, a gesture that instantly boosted her imposing presence.
"I am a reborn person."
"Isn't it normal for reborn individuals to be able to foresee some things?"
Ye Kai added the Bitcoin online store that sold Bitcoin for only 1 yuan to his favorites, and then searched for his next target.
"You're just a charlatan!"
"How could I possibly believe something as absurd as rebirth?"
Shen Jiayi, riding on the teddy bear, slapped it more than a dozen times and said angrily to Ye Kai.
"Okay, whatever you say."
"I'll go to the flower and bird market tomorrow and buy you a few feng shui fish to raise. Maybe they can change your fate."
Ye Kai found another Bitcoin online store that sold Bitcoin for 1 yuan, but the quantity listed was not large, only about 500 coins, and the store had a rather low popularity, with several negative reviews below.
There aren't many people playing with cryptocurrencies now; most are concentrated within the industry. In addition, the price of Bitcoin isn't high, so few people patronize online stores with low security.
Online shoppers are just doing it for novelty, listing their Bitcoin online and taking advantage of Taobao's self-service virtual item sales feature. They sell one item at a time and probably don't check the sales figures in the backend much.
"Then come with me to buy feng shui fish tomorrow."
"I'm not familiar with the flower and bird market at all..."
Shen Jiayi felt that this method seemed somewhat reliable. Many wealthy people keep feng shui fish, especially in the south where people are superstitious about them. Perhaps it really does have some effect.
"Alright."
Ye Kai figured there didn't seem to be anything particularly urgent to do tomorrow, so he nodded in agreement.
In any case, although he helped Shen Jiayi's father avoid risks, he also received benefits from him. In addition, Shen Jiayi was very kind to him later, so he couldn't just stand by and do nothing.
Moreover, Ye Kai had another idea he was too embarrassed to say aloud: he wanted to squeeze some more money out of Shen Jiayi tomorrow.
After hanging up with Shen Jiayi, Ye Kai opened a 1-yuan online store selling Bitcoin and bought 10 Bitcoins through the self-service purchase function.
"Ding!"
The backend instantly sent over information about 10 bitcoins.
Ye Kai took a look and saw that it was a key composed of a string of numbers and letters, which is the so-called Bitcoin address.
Each Bitcoin address consists of a public key and a private key. The public key can be thought of as the Bitcoin account, and the private key is the password for the Bitcoin account.
After obtaining this information, Ye Kai's first step was to change the private key password.
If the private key is not modified, the information of this Bitcoin may still be in the hands of the seller, and the security cannot be guaranteed. However, the private key itself cannot be directly modified. Once it is generated, the private key is a fixed string, and the corresponding Bitcoin address will never change.
The solution is to indirectly change the address by generating a new public and private key pair and transferring the Bitcoin from the old address to the new address.
"Although it's a bit troublesome, at least the security is guaranteed."
Ye Kai modified each of the Bitcoin keys one by one, saved the key strings in a text file, and then created a special folder on his hard drive to store them, keeping two copies of the file.
After becoming familiar with the process, Ye Kai used the more than 600 yuan in his Alipay account to buy Bitcoin, then modified the key accordingly, saved it, and made multiple backup files.
However, when Ye Kai was frantically buying Bitcoin from the second 1-yuan online store, the other party suddenly terminated the transaction and raised the price of Bitcoin directly to 12 yuan.
Clearly, Ye Kai's series of actions attracted the other party's attention, and the shop owner realized that he had sold at a loss, so he stopped the loss in time.
"Tsk!"
Ye Kai felt a little regretful, but he didn't care too much.
Online shop owners acquire Bitcoin through different channels and at different times, resulting in different prices. Some people acquire it at very low costs, so they don't pay much attention to it.
Moreover, many of these online shop owners have advanced computer skills. They often use tricks to get something for nothing, such as listing Bitcoin at a low price to attract buyers, selling the Bitcoin, and then taking advantage of the buyers' lack of knowledge about timely key modification to steal the Bitcoin back and resell it.
This is how low-priced Bitcoin appeared online.
For Ye Kai, the operations on Bitcoin trading platforms were merely for short-term gains by taking advantage of time differences. The Bitcoins he purchased offline would be stored on his hard drive as a long-term holding asset.
Ye Kai switched to another 3-yuan store and finally emptied his Alipay account.
Currently, his hard drive cold wallet contains a total of 633 bitcoins.
"Tonight's harvest has been quite fruitful!"
Ye Kai stretched, feeling incredibly happy despite having spent all his pocket money. Tonight's results alone were enough for him to live comfortably for the next ten years, not to mention the opportunity to acquire even more resources.
"My dear grandson, what have you been doing all night?"
"Why do you look so nervous...? It doesn't look like you're playing a game..."
At this moment, Grandma Xu Jingyuan, who was sitting opposite, adjusted her reading glasses and asked with some curiosity.
Although she has been researching and preparing for her next monograph, her concern for her grandson has not diminished at all.
Especially in the months leading up to the college entrance examination, Xu Jingyuan knew how important this stage was for prospective students, so she naturally couldn't neglect to supervise Ye Kai.
"Oh, I'm researching a virtual digital currency."
"This stuff has some investment value, and the price isn't high right now, so I bought some. Who knows, maybe I'll get rich from it in the future."
Ye Kai didn't hide anything, but when he talked about it with his grandmother, he seemed quite nonchalant.
For the elderly, it's already quite an achievement for them to be able to go online and read the news. Getting them to understand the value of a completely new digital currency is indeed not that easy.
"Oh, you mean something like QQ coins, right?"
Xu Jingyuan wasn't an old lady who was completely ignorant of internet slang. She quickly gave an easy-to-understand example, which was also the most intuitive category of virtual currency that she had come into contact with.
"right!"
"That's pretty much it!"
Upon hearing this, Ye Kai immediately burst into laughter.
At the time, Bitcoin and QQ coins didn't seem to make much difference. In fact, many people thought QQ coins were much more reliable than Bitcoin, which had no physical backing. But who could have imagined that this thing would become the main channel for underground transactions and push its price to an astronomical level?
As the saying goes, life is unpredictable. Without the foresight of those who have been reborn, probably few people could have thought that far ahead.
Otherwise, no one would have spent 10000 bitcoins to buy two large pizzas. However, it cannot be denied that this transaction, which seems like a huge loss in later generations, became the debut of bitcoin on the world financial stage.
"Grandma, what kind of project have you been researching lately?"
Ye Kai stretched and then asked his grandmother, Xu Jingyuan, a question.
"Oh, I've recently been organizing projects related to intangible cultural heritage and other related topics. I plan to combine relevant content mentioned in foreign literature to create a promotional campaign that focuses on academic aspects."
"With the New Year approaching, things like Chinese knot weaving techniques, paper cutting skills, embroidery, wood carving, and clay sculpture are very popular with foreigners. The TV station might make a high-end program based on these topics."
Professor Xu took off his reading glasses and chatted enthusiastically with his grandson.
"Intangible cultural heritage, that's a good direction."
Upon hearing this, Ye Kai couldn't help but nod in approval.
This is one of the key directions for future economic development. Although Professor Xu is old and his eyesight is failing, his mind is still sharp.
Ye Kai himself had also thought about it and realized that he might have a lot to offer in this area.
MMB