Omniscient Investment Point - Chapter 272



Only Noblemtl

Season of 272 Coins – 2

(1)

I wanted to know more, so I asked Jong-Hyeon Ahn for an explanation.

Then, as expected from an expert, he started explaining everything to me in detail.

“Hong Kong is the center of coin diversity and innovation, so it holds a very important position in the global cryptocurrency community. As a result, global investors are eagerly looking for opportunities, and naturally, many coin listings are taking place.”

In short, it means that the explanation was too deep and detailed.

It started out as a grandiose thing to say, but I took it to heart and decided to learn from it.

In summary, the characteristics of the Hong Kong coin market were as follows:

The existence of various altcoins, the development of innovative technologies, government support and regulation, attracting global investors, the central role of exchanges, transparency and reliability, education and awareness, etc.

“Of course, the altcoin listing requirements are very strict. However, there are some that have evaded the law and have been listed. One of them was a large-scale coin fraud incident that occurred recently. The coin name was Tiple.”

“It’s a tiple······.”

“Yes, the scale of the fraud was over 100 billion won of our money.”

Here, they talk about another fraud technique, but no matter how hard I tried to understand it, there were so many technical terms that it was hard to keep them in my head.

The conclusion was important anyway.

“Someone ran off with the money, and it’s a huge tangled web of activity, so it’s probably going to be hard to find, everyone thinks so.”

“Oh my······.”

“I still feel like coins have a long way to go. But I think they will continue to decrease in the future, but they won’t disappear. The characteristic of coins is decentralization, which means they will escape the systems of each government. Naturally, we will continue to pay more attention to such coins. This is especially true for black money.”

“but······.”

Black money, that is, money circulating in the underground economy.

Of course, such funds have to be in cash, but the world is gradually moving towards an era of cashless payments.

Therefore, I thought that black money would also have to follow the flow of the times, and that laundering through coins would become essential.

I read a summary of a paper on economics that found that a lot of dirty money around the world has moved from dollars to bitcoin.

As a result, Bitcoin is naturally being brought into the light, and those who had previously denied virtual currency are now entering the market as an investment product, and it is showing a steady upward trend.

Even Hong Kong appears to be moving toward listing an ETF.

“Anyway, I’m going to Hong Kong this time to check out the Bitcoin ETF listing movement. The probability is high, but the timing needs to be right.”

“Okay. But can you go on a business trip and look into one more thing for me?”

“Yes? What are you talking about?”

“The main character of the coin scam earlier, Tiple. The company that made it, the people in that company, etc. Oh, of course, Director Ahn isn’t an investigator, so there are limitations, but just in case.”

“Ah… yes yes. I understand. Well, I have a few friends in Hong Kong who do coin work. Some of them are developers. I’ll find out through them. But can I ask why?”

“hmm······.”

I was wondering for a moment how much I should expose······.

“Blackwell.”

“······?”

“Anyway, there’s a company called Blackwell. I honestly don’t know where it was located in Hong Kong. But I heard that it was a Hong Kong branch of the American company Blackwell, and that it acquired a coin development company. For now, I’ll give you their phone number. I’m not answering the phone right now, so I think it’s closed… Why did it close? What did it do? Find out.”

“Do you think···, you have a connection with someone named Choi Hoon-seop?”

“Huh? How did you know?”

“Didn’t we study together before? I remember hearing about the Blackwell Hong Kong branch at the time.”

“Oh, right. That name came up then?”

Now that I think about it, one memory comes to mind.

I thought Seunghoon Oh would be defeated by Hoonseop Choi, so I hastily created a coin study.

Oh Seung-hoon and Choi Hoon-seop were there, and in the process of uncovering Choi Hoon-seop’s past as I was investigating, Blackwell popped up.

“Yes, that’s right. Look into the relationship between Choi Hoon-seop and the Blackwell Hong Kong branch.”

“Yes, I understand. Hahaha.”

“When are you going?”

“Wow, sir, your personality is showing again? Roasting beans over a lightning fire?”

“The sooner the better. Just figure out the budget and bill me later. That’s it.”

“Yes, okay······.”

Jong-Hyeon Ahn lets out a bitter laugh.

Can you resist my lightning bean roasting style?

Two days later, he boarded a flight to Hong Kong.

(2)

I then contacted Choi Soo-ri,

“If you happen to find or hear news about someone named Choi Yun-seop, please let me know.”

– What about Choi Yun-seop? Was it because of stock price manipulation in the past······.

“Oh, that’s right. That’s him. And that person is my brother-in-law, so I contacted him because I was worried that he might cause an accident in Japan.”

– Haha······. Yes, yes, I understand.

It’s not that Choi Yun-seop went to Japan and asked me to find out news about him by looking for Mr. Kim in Jongno.

I am sure.

One day, Choi Soo-ri will hear about Choi Yoon-seop’s actions.

‘People can’t be fixed.’

For better or worse, Choi Yun-seop, who has been playing in this field, has no choice but to play in the same waters in Japan.

My hunch was, of course, that it was a coin.

For some reason, it feels like Choi Hoon-seop and Choi Yun-seop are holding hands?

Since they are brothers, it might be natural, but I heard that in reality, they aren’t that close.

They say that these two people have a relationship where they use each other and can even cut off each other’s tails if they get in trouble.

‘Mother-in-law too······.’

I felt bitter at the thought that our grandmother from Cheongdam-dong had failed in raising children.

This was also for a short while, as I was leaving work that day, Lee Tae-soo, CEO of JTS Partners, came to see me.

“I think it’s time to announce our first token soon. I’m here to report to you.”

“Wow, it’s finally coming out? Hahaha.”

I personally have high hopes for the STO, i.e. the first token for sharding investments.

In fact, this is because what is coming out this time is an eco-friendly token, and I am confident that it will become the foundation for changing the world.

“Now, please speak without hesitation. What about number 1?”

“We’ll just announce it in advance, but I don’t think we can set a release date.”

“Huh? Why?”

“Because the relevant laws have not been passed yet.”

“ah······.”

I’ve heard this before.

So I asked.

“That’s the Capital Market and Financial Investment Business Act, right?”

“Yes, that’s right. To be exact, the law on electronic registration of stocks, bonds, etc. will be revised. The word ‘blockchain’ will be included in it.”

“What are the chances of passing?”

“It was high at first, but now I’m not sure.”

“No, why?”

“It is linked to the revision of the Commercial Act.”

“ah······.”

This too, I think I know what you mean.

There were several issues at the upcoming extraordinary session of the National Assembly, one of which was the revision of the Commercial Act.

The work of adding ‘shareholder’ to Article 382-3 of the Commercial Act, ‘Directors must faithfully perform their duties for the company in accordance with the provisions of laws and the Articles of Incorporation.’

“It looks like the revision of the Commercial Act, the Capital Market Act, and the Financial Investment Business Act are all included in one package.”

“Yes, that’s right. It was classified as such because the amendments to both laws were similar.”

“hmm······.”

I don’t know which congressman brought it up, but it could be a double-edged sword.

If the revision of the Commercial Act is not passed, the laws on capital markets and financial investment businesses will naturally be postponed as well.

“You’re smart. The atmosphere these days is favorable for coins.”

“Yes. I think the atmosphere has been created to accept coins now. However, if it’s just coins, it’s not bad, but opinions are divided on the revision of the Commercial Act.”

“It will pass.”

“Huh? Really?”

“Yes, that would probably happen.”

I don’t know about other people, but I trust Hyun Ki-hyuk.

If he took responsibility and pushed for the revision of the Commercial Act, wouldn’t he have won over lawmakers from both the ruling and opposition parties?

“But the chaebols are so resistant.”

“You can’t do it openly. There are now 20 million individual investors in Korea.”

“Yes, I depend on it too, but······.”

“Okay, let’s trust the collective intelligence and just keep going. But you haven’t told us yet. What is the first token?”

“It’s an offshore wind farm.”

“ah······.”

“The location is Ulsan.”

The additional explanation was not short.

The metropolitan city, which is a local government, stepped in, and as it was a local government, its budget was limited.

So, that’s what JTS Partners proposed, and Ulsan gladly accepted.

“For your information, the environmental impact assessment has been completed, and negotiations with fishermen have also been completed. In addition, permits are also in the final stages. Construction will begin this year, and starting next year, the offshore wind power plant will be operational as each tower is built.”

“Good.”

“With a scale of 1.5 GW, it is the largest domestic offshore wind power plant built to date.”

It was all very nice to hear, but I also wanted to know the problem.

So I asked.

“I remember hearing that they were building floating offshore wind power plants in Ulsan. But they said that the problem was that it would be difficult to connect to the power grid.”

“Yes, there is something like that. But I was told for sure that we can connect it when the project is completed.”

“okay.”

“And the electricity produced here will be used at Daehyun Motors’ Ulsan plant.”

As soon as I heard it, my eyes lit up.

“It is clear that Daehyun Motors is the most active in RE 100.”

“It seems like an alliance has been formed between us. While we were discussing with Ulsan, they contacted us first.”

Knowing and doing are two different things.

I couldn’t help but inwardly praise the quick movements of the Daehyuncha.

“Then how about we go quickly too?”

“Fast feet?”

“Yes, at the same time as the first announcement, we will set a date. The day this extraordinary session of the National Assembly ends.”

“uh?”

In fact, it was the truth of the drain.

If the Commercial Act and the Capital Market and Financial Investment Business Act are not passed in the extraordinary session of the National Assembly, the date should be postponed.

It’s not a big deal, but it could cause a dent in your credibility.

“Hey, are you okay?”

Lee Tae-soo had no choice but to ask me, stammering carefully.

I nodded without hesitation to that question.

“Yes, I will take responsibility.”

What better way to take responsibility?

It was a case of running around with one’s feet off to get the law passed.

‘I guess I’ll have to start threatening the political world again starting tomorrow.’

How? Of course, we pressure them with public opinion.

Fortunately, election season will unfold again next year.