Ten thousand I am across the heavens

Chapter 2565 Lord of Commerce

Conquering Baohuangtian is a rather difficult task for the current Ghostly Demon Lord, given that his true form is only at the sixth level of cultivation. Even with extraordinary techniques, he couldn't defeat a standard eighth-level expert in a head-on confrontation. Baohuangtian's own spiritual strength might be slightly inferior to a genuine eighth-level expert, but in home-field advantage, it wouldn't be much weaker. Moreover, after years of development, it wouldn't be inferior to established earth spirits like Langya Earth Spirit. In the original timeline, when attacking Langya Blessed Land, the Heavenly Court mobilized multiple eighth-level experts to join forces. Given that Baohuangtian is currently a more stable and secure grotto-heaven, the sheer strength required to conquer it is even more terrifying.

At this moment, the sandstorms that had subtly infiltrated the Treasure Yellow Heaven were actually serving a greater purpose: transmitting intelligence. This vast trading platform had always been renowned for its fairness and impartiality. It not only refrained from taking people's money but also from revealing customers' information. Some people chose to use it as a bank, storing secrets and precious cultivation techniques here. As long as they didn't choose to sell, they had no need to worry about information leaks.

Many people choose this method as a precaution. In case something happens to them, they can pass on their knowledge and wealth to their heirs. This is exactly what the Ghostly Demon Lord was planning.

There's no need to touch those assets. Simply collect that valuable knowledge secretly through behind-the-scenes surveillance. That too can generate a considerable income.

These powerful killing moves could be worth tens of thousands of immortal coins in the market, which is no small sum for any immortal. They could also greatly enhance his initial wealth.

In addition, it allows for real-time monitoring of the entire market and platform information, including the flow of funds. This method can provide a general indication of future market trends.
While engaging in large-scale selling, the Ghostly Demon Lord also realized that with sufficient capital, one could amass wealth by buying low and selling high in the market. This, too, is a path to great success. With enough profit, a massive amount of capital could leverage the market, causing money to circulate and multiply.

To manipulate the financial markets, the first thing you need is sufficient information—knowing which commodities will rise and which will fall. Stealing information directly from the trading platform's backend is naturally the most suitable approach.

So the Ghostly Demon Lord created a little something new in this era. This was also a little something the future Ghostly Demon Lord had kept hidden away.

Some concepts, though outdated, lack technological sophistication. However, within the framework of their agreement, these concepts could, to a certain extent, be incorporated into the past, such as the concept of futures trading.

With futures, one can naturally go long or short on various commodities by purchasing futures contracts. Regardless of whether prices rise or fall in the future, as long as one can control the market trend, money can be made naturally.

This emerging technology inherently offers certain conveniences, and there's also the potential to profit from it. The Ghostly Demon Lord, shortly after the launch of this model, artificially created several wealth myths using his alternate accounts. These were essentially newbies who had just reached the sixth level of cultivation. They earned their first fortune by trading futures. After accumulating a large amount of funds, they even had enough to buy a Celestial Gu.

By publicizing this matter extensively, countless people immediately invested their money in this market, making the trading market much more active.

Others cannot see the full picture of the market, nor do they know how others will use their wealth to make money. They can only rely on luck in the free market. The more capital one has, the more confident they are. If the market functions normally, money will continuously accumulate in their hands.

The Ghostly Demon Lord's initial capital was certainly incomparable to these people. Under normal circumstances, he should have followed the crowd like everyone else. However, he could see through the back-end data. When going long, he could chase the rise and fall; when going short, he could swindle people out of everything.

While Baohuangtian cannot guarantee the enforcement of every contract, it can demand that unfortunate immortals who want to leverage their power pay sufficient security deposits. And once these deposits are deposited into Baohuangtian, it seems that even the Heavenly King himself cannot retrieve them.

By using these methods to back and forth, the Ghostly Demon Lord's initial capital of only ten thousand or so immortal essence stones grew exponentially. After dozens of transactions, he had accumulated over a hundred thousand in funds. With the massive income that a large batch of mid-range Gu worms he was about to ship would bring him, his funds were approaching two hundred and fifty thousand, a considerable amount even for an eighth-level powerhouse.

If you're only buying Rank 6 Immortal Gu, although there's no market for them, you can still buy several Immortal Gu even with the extremely high premium.

However, the Ghostly Demon Lord was still not satisfied. Although this amount of money was a lot for him personally, it was insignificant compared to the entire market. Moreover, according to his backend data statistics, if the entire market were estimated, approximately 1 billion Immortal Essence Stones would be consumed every year. In other words, the Heavenly Court issues roughly 1 billion Immortal Essence Stones every year. Compared to this scale of funds, the few hundred thousand he had was merely a drop in the ocean.

Having already entered the financial market, he began to consider the impact of the existence of this kind of currency that would be consumed on the market.

The fact that currency is pegged to sufficient value, allowing it to be directly consumed and used, inherently exacerbates its scarcity, making its value more stable.

However, the scarcity of currency also leads to a shortage of money, and the market is always in a state of money shortage. As a result, although there is no long-term deflation, the trading market can never be considered too prosperous.

In theory, if the Heavenly Court were willing to over-issue currency, it could easily reap enormous profits and manipulate the market. However, the Heavenly Court has not done so. This means that the total annual production of Immortal Essence Stones is likely limited. This will restrict the upper limit of financial market development.

After realizing this, even though he had earned a large amount of Immortal Essence Stones, the Ghostly Demon Lord only used a portion of them for personal consumption. He invested the rest as capital in the market, intending to accumulate enough Immortal Essence Stones to experiment with currency conversion over a long period.

This would replace the previously capped physical currencies with unlimited virtual currencies, thereby truly realizing the ambition to control the entire market and the entire world through wealth.

[To be continued]

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