Hexagonal God

Chapter 644 Avalanche!

Chapter 644 Avalanche!

This situation left people in the Western world somewhat dumbfounded.

What's going on?
The United States can't even take the Bitcoin in Su Mo's hands!
This is the world's largest country!
Were they actually defeated one by one?
But when people think about the current staggering trading volume, many of them shut up.

How many Bitcoins have been received in total?
Thirty million!

A small portion of them were bought at $110,000 each, but the vast majority were bought at $120,000 each.

In just a short while, the United States produced 360 million US dollars!

And how much is their country's military spending this year?

6000 billion US dollars!
It's important to know that their country's military spending is almost more than the combined military spending of all other countries in the world.

In just a short time, they managed to come up with six years' worth of military spending, which is undoubtedly a devastating blow to a country!
If they still can't win the currency war, their country may not be able to recover for the next few years, and an economic recession is almost visible to the naked eye.

So they can't afford to lose. It's come to this point, and they're willing to go all in and fight to the bitter end.

Many people immediately began to call on the country to use its reserves, as Su Mo's side might also be running out of supplies.

But what they didn't know was that their country had not only used up its reserves, but also owed huge sums of money to several families, and would have to pay off those debts in the future.

However, the outside world is unaware that this is a confidential matter, so many people who oppose Su Mo continue to clamor.

The brutal currency war has mysteriously come to an end.

However, this pause won't last long. If they can't absorb Su Mo's million Bitcoins in an hour or two, then tomorrow will be the day Bitcoin officially falls from grace.

All those who are waiting on the sidelines will likely choose to sell their Bitcoin holdings, because if they don't, it will become worthless.

In fact, right now, some savvy people have already started using Bitcoin to place orders for goods.

The sunk costs are too high, so the United States has no choice but to hold firm; there is no turning back.

Inside the White House, Obama's hands were already trembling.

The Federal Bank's reserve funds have been exhausted, yet it still hasn't been able to consume all the Bitcoin in Su Mo's hands.

He had just contacted several families, but they all explicitly refused to continue investing.

They have done their best for the country; contributing this much money is the limit of what they can do.

If they continue to invest, their family business will run into problems. These businessmen have already seen the bad signs, and they are even urging Obama to find a solution as soon as possible, otherwise they will also have to sell off their Bitcoin holdings.

Obama tried to contact other domestic conglomerates, but most of them still chose to refuse.

Only a few people whose interests were tied to his reluctantly reached out.

For example, Bill Gates, Mark Zuckerberg, Warren Buffett, and others.

These world-renowned billionaires also expressed their support for Obama and placed orders to buy some Bitcoin.

However, they can't eat that many; it's already quite remarkable for one person to eat over 100,000.

This single order contains one million coins, with a total value of 120 billion US dollars, which even the Forbes billionaires cannot afford to swallow in one go.

Fortunately, Obama made a lot of phone calls and contacted quite a few people. With the help of more than a dozen wealthy people, he finally managed to finish Su Mo's order.

But something that drove Obama to despair happened again.

Su Mo threw out another million!
How many Bitcoins did he sell in total?

The officials around Obama, who had been keeping track of the numbers, told him, "Mr. President, this is his 42 millionth."

Obama asked in despair, "Does he have any more?"

“We have contacted the Bitcoin founders company, and based on the current issuance, they believe that Su Mo should be nearing his limit.”

Obama finally nodded, but he didn't feel very confident.

But did he have any other options?
If he loses the currency war, it won't just be a simple matter of stepping down; he might also end up in jail.

The sunk costs are too high; he has to keep trying.

Obama's impromptu speech was quickly broadcast on national radio.

"Fellow countrymen, allies of the United States!"

"The currency war has reached its most critical moment. Based on reliable intelligence, we believe that Su Mo is the one who sold off Bitcoin this time."

"This person has been scheming to destroy Bitcoin for a long time, and he started planning this currency war a long time ago."

"I admit that we are unprepared, and if this continues, we are very likely to lose this currency war."

"But Su Mo may have forgotten that America is not fighting alone."

"The Western world is a community of shared interests, especially among many Bitcoin holders. Think about it: if we lose this currency war, the order of the international financial market will have to be rebuilt. Only Su Mo and Dongfang will be the winners, and we will all be the losers."

"So I implore everyone here to lend a helping hand and help us win this currency war. And even after we win the war, please don't sell your Bitcoin holdings too easily. We still need some time to stabilize the currency market."

"We now share the same adversaries and enemies, so please lend a helping hand to America, as this will also help yourselves!"

Obama even had tears welling up in his eyes during his speech.

These words were delivered with great emotion and were extremely persuasive.

The Western world has long looked down on the East, and they certainly don't want to lose this currency war.

As a result, many people chose to donate generously.

However, those who choose to donate generously are mainly concentrated in a few countries.

One is the United States itself, another is Japan, and the third is South Korea.

Other countries, such as those in the European Union, do not intend to offer assistance.

The EU has long been exploited by the US, and they have long harbored resentment, but they have no other choice.

Now that the United States is in trouble, they don't want to help. At the very least, the country won't lend a hand because the amount is too large, and they can't afford the consequences of failure.

As for what the public does, they don't care; those are all individual actions.

Few European countries have taken action, but Japan and South Korea have been very proactive.

They are from developed countries and have a long-standing habit of trading cryptocurrencies on blockchain. Coupled with their hostility towards my country and their history of being suppressed by Su Mo on multiple occasions, they dislike Su Tang and Su Mo.

Especially their men, who always wanted to make things difficult for Su Mo in every way possible.

Another reason is that these two nations, which admire strength, have become so accustomed to kneeling that they can no longer stand up. They have been enslaved by the US military for a long time.

So when Obama called for action, they immediately jumped at him like two dogs.

Even though they didn't have much money left, they still chose to charge forward.

Many even believe that Bitcoin still has room for appreciation, and that they might even make a small profit after winning this currency war.

It must be said that many hands make light work, and the combined strength of the people of these three developed countries is quite formidable.

Su Mo's order was completely wiped out within five minutes. There were countless scattered transactions, but it was truly all gone.

Su Mo had already given up hope; he still had seven million Bitcoins, which were likely to be lost.

Unexpectedly, the other party was still able to play, and Su Mo's spirits immediately lifted.

With six million coins remaining, he immediately threw out another million.

This time it was faster. The first time it was gone in five minutes because many people had to log in, some had to create an account, and some even had to raise money, so it was slower.

This time it was much faster; in two and a half minutes, another million were consumed! At this point, many Japanese and Koreans began to clamor online.

"Su Mo! I'll show you the might of our Yamato people!"

"Damn it! You're not qualified to go against our Great Korea. Today is the day Mobi collapses."

"We Koreans are the most united, the most outstanding, and the richest nation in the world. We will always support our beautiful country daddy! Su Mo, do you still have any Bitcoin?"

Faced with these people's constant clamor, Su Mo just sneered and threw out another million coins.

The third order took three minutes and twenty seconds to finish.

Although the food was all gone, Su Mo could still tell that the other person was weak.

That year, Japan's GDP was close to four trillion US dollars.

South Korea's GDP is only over 1.3 trillion US dollars.

Keep in mind that this is Gross Domestic Product, not cash flow.

They've now taken on three deals in a row, totaling 360 billion US dollars, which is a huge burden for their citizens, and many families may be in debt as a result.

Su Mo wanted to see just how much they could eat.

With four million coins still in hand, Su Mo threw out another million.

As expected, reality proved Su Mo's idea correct. This time, it took a total of four minutes and fifty-five seconds for one million tokens to be processed.

The longer the time it takes, the less money these retail investors have left.

Su Mo threw out another million!

This time it took a full eight minutes and forty seconds.

Many Japanese, Koreans, and Americans are constantly calling on their friends and urging everyone to hold on no matter what.

Many celebrities from these countries personally participated, not only buying some themselves but also encouraging their fans to do the same.

However, success at this time cannot be achieved by simply shouting slogans; it requires real money.

After this fierce battle, Bitcoin has risen further, reaching $130,000 per coin, which is close to one million yuan. It is difficult for an ordinary family to buy even one coin, and many families cannot afford to buy one at all, even if they want to.

It took a full twenty-two minutes to consume all one million of them.

At this point, Su Mo only had two million coins left, but he didn't change his strategy and continued to sell one million more at a time!

Seeing another million units released, many in the Western world are in despair.

If Su Mo were to sell all his Bitcoin at once, many people might grit their teeth and join forces to buy up all of Su Mo's Bitcoin holdings.

But this slow, insidious process left them in despair, a despair from which there seemed to be no end.

It is this seemingly endless buying that makes many people hesitant to place orders, fearing they will be trapped.

Under these circumstances, the purchase of this million coins proceeded extremely slowly.

A full hour has passed, and there are still more than 500,000 left!

This protracted currency war has already lasted for seven or eight hours.

It's already past midnight.

Su Mo knew it was time to wrap things up.

He also knew that although the other side seemed to have no power left at this moment, it was hard to guarantee that Obama, in desperation, would not bring in allies later.

After all, the United States has many interests overseas, and by using these interests as leverage, it might be possible to attract some short-sighted countries to join this currency war.

With only 1.5 million Bitcoins in his possession, Su Mo needed to ensure victory in the war.

So, he started doing some crazy things.

He withdrew the remaining 500,000+ bitcoins and then changed the price to $110,000 per bitcoin.

These more than one million Bitcoins are worth over a hundred billion US dollars; they shouldn't be wasted.

After the price was changed, the number of people buying the product increased as expected, and about ten minutes later, the 500,000 units were sold out.

Then Su Mo directly listed the last million coins at $100,000 each.

Seeing that the eating speed had increased slightly, Su Mo started a live stream.

As soon as he started his live stream, a massive number of viewers entered the live stream room, almost instantly reaching 10 million and within a minute reaching 100 million.

Under the watchful eyes of everyone, Su Mo opened her backstage.

Actually, this "the day after tomorrow" is the backing of his Mobi.

However, since it was his own platform, he could do whatever he wanted with it, so Su Mo changed the backend to the English version.

This version looks exactly like the Bitcoin backend.

He hid a portion of his 100 million Mobi coins using a ghost account, leaving behind 26 million.

At first glance, it looks as if Su Mo still has more than 20 million Bitcoins in his account.

When the number of viewers in the live stream exceeded 300 million, Su Mo saw that he had less than 100,000 Bitcoins left from his $100,000-per-coin order. Only then did he reveal his inventory.

"Sigh! The absorption rate is too slow. Am I going to be stuck with these 20 million coins?"

Many viewers in the live stream were stunned when they saw this number.

Su Mo actually has so many Bitcoins!

The market is already exhausted. The one million coins have been reduced to $100,000 each, and they haven't been sold out yet. If these 20 million are released, won't the market collapse?
Countless Bitcoin holders can no longer remain in a wait-and-see attitude.

If we don't throw it away now, it will become scrap!
And so, the scene that Su Mo had anticipated happened.

When he had only about 7,000 Bitcoins left out of his $100,000 portfolio, an order for $80,000 appeared on the market.

Then, his Bitcoins stopped selling, so Su Mo immediately changed the price to $50,000 per coin.

More than 4,000 coins were sold, and one coin appeared on the market for 40,000 US dollars.

Su Mo had three thousand coins left, and continued to stir up trouble, offering twenty thousand US dollars per coin.

After more than a thousand more were consumed, he changed the price to ten thousand US dollars per piece.

Then, coins started appearing on the market for several thousand US dollars each.

Everyone panicked. Bitcoin is doomed. Let's try to salvage whatever we can.

Su Mo had over 800 Bitcoins left, but he couldn't sell them.

As market prices continue to fall, many people are placing orders for items priced at hundreds of US dollars, or even tens or hundreds of thousands of dollars.

Even American families are in the same boat. They hold so much Bitcoin that no one expected the avalanche to come so quickly, and now they are panicking and starting to sell off their holdings frantically.

The avalanche was happening faster than anyone could have imagined. At 2 a.m., Su Mo saw that the lowest order price had already reached more than 20 US dollars per coin, and it was still falling.

He knew that the currency war was over.

Bitcoin, which once swept the world, has come to an end and can no longer recover.

The future universal currency of the internet is Mobi!

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like