Coin Tycoon Also Goes to Work - Chapter 299



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Episode 299

Suddenly I thought about the incident between Dr. Samuel and me, and I realized clearly how and with what conviction I had come to the position of awarding this Nobel Prize in Chemistry.

‘It was really tough.’

Since I witnessed Tae Ji-won’s affair, my whole life has changed. The small sparks of what I had done have now created a blazing furnace. It’s only been a few years, but I have become the furnace itself.

I vowed to myself that I would continue to live like that.

After Dr. Samuel received his award, he came up to me and gave me a deep hug.

“Innovation will never stop. The steps toward humanity will also continue.”

“I have complete trust in you, Doctor.”

The applause grew louder and louder.

* * *

The U.S. interest rate hikes were continuing at a climax, and a recession was inevitable.

Omicron was on the rise, and other mutant viruses were emerging one after another. The war between Russia and Ukraine was taking on the appearance of a protracted war.

“US semiconductor stocks all fall”

“Full-blown recession in the economy and industry”

“Fed, No More Declaration of Zero Interest Rates”

“Facebook Crash”

“American companies minimize fiscal spending”

“US economic growth forecast at its lowest”

“A Look at the Pessimistic Outlook for Demand Pressures in the U.S. Economy”

As the US was doing this, it was only natural that the world stock markets were also plunging. Korea was no exception.

No matter how well they perform, if the US does not gain traction, they will be subject to downward pressure and fall.

The Donghak ants and the Seohak ants also seemed to be groaning.

“All the tech stocks I invested in ended up being worthless, really.”

“ㅁㅎㄷㅁㅎㅇ”

“Isn’t this a pressure point for rising?”

“Okay, I’m done for now.”

“One of the stocks I invested in was delisted. My life is ruined. Is the water in the Han River warm?”

The Fed has been steadily raising interest rates by 0.5% to 1%.

But it doesn’t really matter to me.

[Today’s return is a whopping 77%. We earned $3.17 billion.]

The stock price decline was as obvious as daylight. But I couldn’t understand why investors still couldn’t tell the difference between long and short.

‘Are you wavering between greed and reason?’

Since it has come down this much, I didn’t think it would go down any further and I thought it would bounce back, and that’s how it will be in the future.

I think that the further it goes down, the more it will go up. But doubts only breed more doubts.

‘Buy in fear, sell in greed.’

The $100 billion invested in Arizona, Texas, and India has not dried up yet. Even now, companies needed for Mate Alpha are being actively acquired and infrastructure is being built.

“Elon Musk claims that the shortage of car semiconductors will be resolved soon”

A few months ago, Elon Musk made this prediction in an interview with CNN:

But Elon Musk’s words turned out to be wrong. The outlook that semiconductor supply and demand were becoming more and more irregular and would become even more severe in the future was gaining ground.

At the Tech Week event, Elon Musk and other semiconductor company executives said that many manufacturing plants are under construction and that they believe they will have excellent semiconductor supply capabilities by next year.

However, these days, Tesla, an electric car company, as well as other world-leading automakers, are experiencing difficulties such as frequent factory closures or production cuts due to insufficient supply of automotive semiconductors.

The semiconductor shortage has also resulted in a loss of approximately 240 trillion won in sales for the global automobile industry this year alone.

Major semiconductor companies including Intel and TSMC have announced plans to build new factories in the United States, but it could take years for them to become operational.

Mate Alpha was no exception.

“Demand is high, but supply is low.”

What if we build a factory but can’t produce Mateca because we can’t supply semiconductors?

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If this isn’t the beginning of a full-blown crisis, then what else could it be?

But I knew it would happen, so I tried my best to prepare for it. If I hadn’t prepared, Mate Ka would have faltered from the start.

In my Bloomberg interview with Carson Pickett, I told prospective Mate Ka consumers:

“We are sparing no effort in building a value chain from design to management to strengthen our battery capabilities. Of course, Mateca may face a crisis, but we will seek the most practical and realistic solutions.”

“We will continue to invest in strengthening our capabilities related to batteries, which are key components of electric vehicles, and will also create a value chain that covers the entire battery sector, from material supply to battery design and management. We will pursue improvements in battery performance, development of next-generation battery technology, and infrastructure construction. To this end, we plan to acquire and cooperate with specialized battery companies, and steadily expand external collaboration with startups and academia.”

“In the mid to long term, we plan to establish a system to recover used batteries, extract raw materials, and recycle them in the production of new batteries in order to protect the environment and secure sustainable raw materials. The recycling process for used battery materials that Mate Alpha originally pursued is still running smoothly at this moment.”

All models of Mateca are equipped with batteries designed in-house. Mateca previously signed a business agreement with Ilhwa Group and Lee Sung Group for joint development of vehicle battery cells, and has been laying a thorough foundation from material verification, specification confirmation including application ratio, design, to preliminary confirmation for product evaluation.

In other words, we have been busy directly taking charge of the core processes that lead to performance improvement.

It would not be an exaggeration to say that almost all of his capabilities were poured into Mate Ka.

I will use the money I have worked hard to earn to work even harder. However, I will try my best to prioritize the safety of consumers.

We were developing various battery cells to secure price competitiveness and meet demand. Elon Musk couldn’t hide his surprise at the cylindrical battery I presented.

“Jeong-in. You are worthy of going to Mars with me.”

Tesla executives, including Elon Musk, felt that the cylindrical batteries to be installed in the Mateca were quite attractive and immediately began development.

“As a result of applying XR virtual simulation this time, battery conditioning technology such as battery preheating and cooling has advanced a little more. In addition, through the advancement of BMS, big data technology for the battery management OS of Mater Former has been realized for long driving distance, lifespan, and safety.”

“Please continue to regularly check and balance to reduce errors.”

We wanted to speed up the development of next-generation batteries, including lithium metal batteries and all-solid-state batteries, and verify their mass production potential. We decided to further invest by establishing a next-generation battery research center in Texas.

“The next-generation battery developed by Mate Alpha will be applied to robotics, future air mobility, and other mobility areas. From home appliances we use to aircraft, electric vehicles, etc., we will devote our utmost efforts to development for all infrastructure capabilities in the future.”

Mate Alpha is constantly evolving at this very moment.

Mateca’s demonstration sessions were held endlessly.

‘Other business sectors weren’t like this. Automobiles are a necessity in a way, so they attract a lot of attention.’

In any case, I was really busy. Of course, I had to go to many countries as the president and personally hold Mate Ka pre-demonstration briefing sessions. I also had to participate in academic research institutes for verification.

That’s how serious I was about Mate Kae.

It was the same today.

In Paris, the battleground of the world’s largest automobile exhibition, we were able to present a true concept car of Mateca.

With all the journalists, experts, and anyone else who could teach you a thing or two about cars gathered here, the world’s largest car showroom was on the verge of exploding.

Finally, it was Mate Ka’s turn.

“Mate Car will further focus on its motorway strategy for the high-performance electric vehicles Mate X and Mate XV scheduled for release next year. We are improving hardware technologies such as suspension, body durability, and braking systems, and in addition to the electric vehicle technologies of existing global electric vehicle brands, we have improved BMS, battery thermal management, and software control technology for high-performance driving. We will integrate the technologies we have accumulated so far into these two models.”

“Mateka has been more proactive than any other global company in responding to electrification and future technologies, and will continue to secure leadership in electrification in the future. The Mate Motorway is the embodiment of the innovation DNA established by all of our employees, and will become a source of new and sustainable revenue generation.”

He stared intently at their faces as if observing their expressions, and spoke in a much calmer voice than before.

“After the production of electric vehicles, the virtuous cycle of research and development, infrastructure, and related industries will be Mateca’s motto and innovation. Feel free to take a look at Mateca’s models. Innovation is what I am talking about, right next to you.”

I answered nonchalantly, but my heart was beating very fast.

And like my heartbeat, the applause of the people gathered here was spreading like crazy throughout the venue.

* * *

Mate coins have not been able to avoid the overall decline, as the U.S. stock market continues to fall without end.

Still, it is encouraging.

“Strangely, people who hold Mate coins are not willing to sell them. It seems like they are holding on to Mate coins, unlike other coins.”

McKenney said bluntly.

“The fact that the Fed is belatedly responding to inflation means that it will further increase the value of central currency. Nevertheless, compared to other coins, Mate Coin and Mate’s sub-coins have been able to defend their prices well and have emerged as the coins with the greatest appeal to coin investors.”

There was a time when, on Binance, Bitcoin, the leader, and other major altcoins were being crushed, but strangely enough, only Mate Coin showed an upward trend.

When I saw this strange situation, I could see that people all over the world never let go of their trust in Mate Alpha. Also.

‘That’s how high the Mate Coin has risen to be able to generate such remarkable investment sentiment.’

The individual value of a single Mate coin was already evaluated to have surpassed that of Ethereum. Its market capitalization was even ahead of Bitcoin and Ethereum.

In other words, Mate Coin survived the upheaval in the coin market and, in turn, came to lead the Bitcoin market.

An article from a coin institution that is very well known in the world’s coin community has surfaced.

“Mate Coin, Eating Up the World’s Coin Market”

The results were very interesting.

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