Chapter 182: Monopoly

Choi Taemin murmured in frustration, “You don’t really believe he made all that money just based on his data analysis, right? What do you think?”

Choi Gichul replied, “I didn’t get to study him as much as I would have liked, but…”

Choi Gichul remembered Woosung’s ideas and plans at the Korean Business Agency. Kang Woosung was definitely the smartest person he knew.

“One thing I know is that he is a genius.”

“He’s smart?”

“The word smart doesn’t quite describe him. Once, I handed him a report, and he managed to find the smallest calculation mistake in minutes, and he was right.”

“Hmm.”

“With a brain like that, I can understand how he came up with Coconut, Blue S, and AI.”

Choi Taemin swallowed and asked, “So he became rich only with his brain?”

“Elon Musk became world famous with his intelligence too, so it’s possible.”

“That’s different! Elon Musk is talented in the tech department, but Kang Woosung succeeded in both business and tech.”

“All I can tell you is… he is very intelligent.”

Choi Taemin thought for a second. Did Kang Woosung really make his wealth only with his brain?

“Did you look into who Kang Woosung’s mentor is?”

“I asked Jung Jinsup again, but he didn’t know. Kang Woosung only mentioned the existence of his mentor but nothing else.”

“And that’s all we know…”

“Yes.”

His plan would be harder than he expected.

“How’s Bit Trading going?”

“Bitcoin still hasn’t recovered fully, so it’s not doing well so far.”

“Was Kang Woosung angry at Jung Jinsup leaving his job?”

“No. I asked him, but he said he was fine.”

Choi Taemin murmured, “We pre-installed Bit Trading on The One and offered many prizes for it, yet this project is still not going well. No wonder Kang Woosung doesn’t care. I heard that he has found a way to incorporate the cryptocurrency into everyday life.”

Choi Gichul’s eyes widened.

Choi Taemin continued, “He managed to successfully make international transfer between BNP Paribas and Nuri Finances via Coconut Coin. The next step would be to decrease the time it takes. I also heard he had a meeting with JP. Something big is in the plans.”

Choi Taemin bit his lips.

Choi Gichul replied, “If he got any further, we may not be able to do anything to survive.”

“We need to destroy him NOW.”

Choi Taemin thought for a second. Suddenly, he asked Choi Gichul.

“Hey, how much is a bitcoin now?”

“It reached 10 dollars again.”

“Collect as many bitcoins as possible. It will be useful in the future.”

“Yes, sir.”

***

After returning to Korea, Woosung enjoyed his days in leisure.

KND Park Byungki.

Coconut Hong Soobum.

XFeed Jang Gwangchul.

His companies were run by his trusted employees. All Woosung had to do was to make major decisions. Now, Woosung had the time to focus on destroying Choi Gichul.

Woosung met with a government official.

“Hello. I’m Kang Woosung.”

“I’m Han Gumin.”

You are reading story God of Money at novel35.com

Han Gumin was the representative of the democratic party. This meeting was arranged by Lee Myungin.

Lee Myungin explained, “Kang Woosung would like to talk to you about a new business plan. He can be trusted, so I hope you two have an honest conversation.”

Han Gumin looked at Woosung. “I trust you, Myungin, so I will trust this young man too, so what do you want to talk about?”

Woosung replied frankly, “There is one thing Korea is missing as the number one IT country in the world.”

Han Gumin took a sip of his drink.

Woosung continued slowly, “A world-famous software company.”

“But we have Coconut.”

Woosung grinned and answered, “Yes. Thanks to me, we got one, but it’s not enough. The software is the future. Korea needs to become a software-focused country. What do you think software is?”

“I’m only a politician, so I wouldn’t know.”

“You don’t know… Then how do you do politics? How could you lead this country when you don’t know the most important future industry?”

Han Gumin took another sip calmly and replied, “I have great experts like yourself to help me. All I need to know is how to tell if people like you are telling the truth. Being a politician doesn’t mean I have to know about everything in the world.”

“Haha, Lee Myungin said the same thing, and you’re right. Now, I will tell you something. You try to figure out if I’m telling the truth.”

Woosung continued.

First step: Coconut Coin development.

Second step: Its application into the international transfer system.

Third step: Deciding the exchanging rate for Coconut Coin.

Fourth step: Turning it into the key currency.

After Woosung’s explanation, Han Gumin sighed deeply.

He replied, “I agree with you that nowadays, money is only a number you see online. I completely agree, but to control it by software rather than the central bank… I don’t understand.”

“In most countries, the central bank commissioners make the currency decisions, but they make their decisions based on data. Do you agree?”

Han Gumin and Lee Myungin nodded.

Woosung continued, “Then how do you think these data are collected? They are from the internet. Imperfect humans then interpreted these data. Decisions are made with biased minds in order to increase profits for the country and individuals.”

Han Gumin frowned, “Personal gains… I don’t agree. Korean Bank is a completely independent agency that has no connection to the government.”

“Ideally, yes, but you know better than anyone that it’s not what really happens. The government pressures the bank all the time to change the rates.”

“…”

“So wouldn’t it be better for an objective software to have full control? My first goal is to make international money transfer to be completed only within a few seconds. This will eliminate the inconvenience of the different exchange rates between different countries. For this to happen, we need to have appropriate measures for this new blockchain industry.”

Han Gumin continued to frown and asked, “And what kind of law are you thinking about then?”

“To allow the digital coins to be used for national and international money transfers. Also to allow it to be used in the real financial transactions after the government’s approval. These are the basic concepts. My Coconut legal team is currently writing down the details of this plan.”

Han Gumin turned to Lee Myungin. “What do you think?”

“This is the era of AI. Woosung’s new idea isn’t strange at all. If his plan works, we can finally escape from the dollar system.”

Han Gumin licked his lips.

To be free from the dollar.

China and Europe tried and failed.

Will a small country like Korea accomplish this? “This will be a huge change to the Korean economy. It could be great, or it could be bad…”

Woosung stared at Han Gumin and replied, “We will be gaining control, so how could that be bad? I don’t understand.”

“Economy is not that simple. We are such a small country… This might ruin us…”

“We can do this. We could rule the world.”

“But US won’t allow it to happen.”

“Don’t worry about that. I already have the lobbyists in US working hard.”

“What about the liberal party?”

“It had already taken care of them. It will happen. I just need your support.”

Han Gumin slowly replied, “If the liberal party agreed to it, then there is no reason why my party would reject the idea. Especially with the upcoming election, we should, of course, support the most popular businessman in the country.”

Woosung smiled in satisfaction. Things were working out according to his plan.