Xing Baohua shook his head slightly at Chairman Mitsui's question.

He said, "I want to create a new financial system. Huahong Bank will participate, and of course, Mitsui Bank or other Japanese banks can also join. What I want to create is a digital payment system."

After a moment of composure, Chairman Mitsui asked, "The Hong Kong food delivery model?"

"Yes, that's roughly the idea. It covers all aspects of life, including food, clothing, housing, and transportation. Hong Kong is too small, while Japan is a developed country and should reflect that. Digital payment is for the convenience of the public."

“I have studied the Hong Kong takeaway model. It is very difficult to circulate digitally. The biggest obstacle is the monetary system. You have to understand that numbers are always just numbers, while currency, whether it is paper or other physical goods, is something that can be touched and seen. It has always been a monetary policy, based on gold, silver and copper.”

Xing Baohua smiled at Chairman Mitsui and waited for him to finish speaking before saying, "The stumbling block to the development of civilization is actually you old folks, stubborn and inflexible, thinking about currency and economic systems. Have you ever thought about checks and wire transfers? To put it bluntly, they are just digital methods, just more convenient."

"But your cryptocurrency carries significant risks."

"It's not big, not at all. The amount of money in a customer's bank account is equal to the amount of electronic currency, a 1:1 ratio. The key operation is still the banks. You know, if we can get digital currency going, transfers will be much more convenient. The pilot program in Hong Kong was successful. Japan, as a developed country, is the first stop, then the United States, and then Europe. Chairman Mitsui, the sooner you join, the more say you'll have."

After Xing Baohua finished speaking, he watched the old man ponder for a moment.

He then shook his head slightly and said, "I can't think of any benefits that currency figures bring; on the contrary, they seem to attract a lot of trouble."

"So you're getting old, your thinking isn't keeping up. The biggest advantage of cryptocurrency is that it can pool all the customers' money together and make money through time difference."

For example, if ten million people in Japan use cryptocurrency to shop, we can control the merchants' funds so they can withdraw them after three days. We could then use the shopping funds of ten million people for three days – potentially a hundred million, or even tens of billions.

Those in the banking industry are shrewd too! They immediately thought of a cycle, using a method of borrowing from Peter to pay Paul to circulate all the money they've accumulated.

According to the rules, three days' worth of money can be misappropriated to make a profit, and this money can be borrowed and used repeatedly.

The old man's eyes shone brighter as he thought about it. He then handed the golf club to the caddie, took out his phone, and called over a few people from the bank to help him analyze the gains and losses involved.

Xing Baohua practices golf alone. Although his golf skills have improved, he still occasionally hits the turf out of bounds.

Chairman Mitsui excused himself from Xing Baohua and went to the VIP room to think about what Xing Baohua had just said.

Xing Baohua and his caddie were the only people on the court, and he looked rather lonely at that moment.

After swinging dozens of balls, Xing Baohua felt he wasn't very interested anymore.

After arriving at the VIP room and taking a shower, he saw a group of people playing ball. He didn't recognize any of them, but someone in the group recognized him. Instead of trying to strike up a conversation, he nodded slightly and led them onto the court.

A short while later, Chairman Mitsui's secretary came over and invited Xing Baohua to his VIP room.

There were seven or eight people sitting in the room at this time. Everyone except Chairman Mitsui stood up.

A small discussion was held in the VIP room of a golf course.

Xing Baohua simply said that Mitsui was too old and couldn't keep up with the pace of the world. He was actually using reverse psychology.

As long as you throw out a money-making idea, I don't believe this old guy won't take the bait.

Of course, I couldn't go into too much detail, not because I was afraid the other party would leave me to go it alone, but because I used inducement.

Once Mitsui takes the bait, the rest will be revealed, gradually drawing him into a trap we've set.

Of course, Japan is also small in size. As Xing Baohua said at the end, we should introduce this digital currency to the United States and the European Union.

This is tantamount to indirectly leveraging the wealth of an empire.

This isn't just a few hundred billion or hundreds of billions; it's a scale of over a trillion.

After more than two hours of intensive discussion, a small consensus was finally reached. Xing Baohua would be responsible for bringing in two more foreign banks, while Mitsui would also bring in several local banks to jointly build a digital currency empire, preferably one that is universally accepted.

That's incredibly bold, and it's even globally applicable?

Well, the bolder a person is, the bigger the things they can do. Chairman Mitsui's ambitions are indeed enormous.

At this point, they actually wanted to use the same methods as Mastercard or Visa to operate, but Xing Baohua didn't want to do that. He could only try to get them involved first.

Visa or Mastercard are just systems used to facilitate cash withdrawal services for various banks, but Xing Baohua wants to use credit microloans to gather hundreds of billions of yuan in funds in the future. So what will this money be used for? Besides lending, it will be used to run funds and make various investments.

The involvement of banks provides the greatest guarantee, which reassures users.

This payment system looks simple, but it's actually quite complicated behind the scenes. Think back to when Alipay first came out—how many people trusted it?

It was only through continuous testing that it gained the trust of the public and began to circulate.

Xing Baohua returned and invited the two CEOs of Morgan Stanley and Citibank's "Home Delivery" service to R-Japan. He explained his concept: he wanted to develop a digital currency for electronic payments.

Examples include Hong Kong food delivery companies, their collaborations with merchants, and the monthly transaction volume they generate.

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