Li Mu met her gaze and said, "Do you know about cryptocurrency? The kind that's all the rage online right now."
Wu Fei's eyes were bright.
"You mean BTC? I heard that the price of a single coin has now exceeded $1."
Li Mu said, "Yes, that also includes cryptocurrencies similar to BTC, which have been heavily speculated on online recently. Cryptocurrencies like Litecoin, Ripple, and Dogecoin were practically worthless a couple of years ago; they were readily available online."
"Recently, with the market booming, everyone has been speculating on it, and some have increased a hundredfold in just a few months."
Listening to Li Mu's words, Wu Fei had a certain guess, and her eyes became brighter and brighter.
“I heard that BTC used to be very cheap, and tens of thousands of coins could be exchanged for a pizza. Now it is worth hundreds of millions of dollars, which is millions of times more.”
"Could it be that you used to..." she said, looking at him intently.
As a graduate student in computer science at Stanford University, and living in Silicon Valley, the global IT technology center, many technical personnel have privately dabbled in cryptocurrencies and researched blockchain. It's not surprising that Su Mingzhe, who has been here for ten years, has dabbled in them and holds some.
Li Mu nodded, looking at Wu Fei's delighted face, and carefully considered his words, trying to find a reasonable explanation for this speculative gain.
"I used to play around with it, but I never thought about making money. Later, when the price went up, I sold it. I didn't have much money."
"Later, some new cryptocurrencies emerged, and when I came across something that interested me, I bought some using the money I had earned on BTC, so there was practically no cost to me. The prices were very cheap at the time, it was like getting them for free."
"Although it increased a bit later, the total amount wasn't large, so I didn't pay much attention to it."
"I never expected it to go crazy recently, with prices rising a hundredfold or even a hundredfold. That's when I realized how much money that is."
Li Mu's words excited Wu Fei. You don't know the cost of firewood and rice until you're in charge of the household. Living in the United States, she felt the importance and magic of money more easily.
This is a paradise for the rich and powerful, not for the middle class, and certainly not for the poor.
After a while, Wu Fei calmed down, her face flushed, and she had a unique charm.
Then, as if remembering something, she wrinkled her delicate nose and asked with a stern face:
"Why didn't you tell me about this sooner? You know our family's financial situation. We have a good income, but also high expenses. We don't have much savings at all, and we still have a mortgage and a baby to pay..."
Li Mu said, "This price has only recently gone up. Before, the price was too low, and it didn't amount to much money, just equivalent to a few months' salary."
Wu Fei snorted and said, "A few months' salary isn't a small amount. Why don't you say so? Do you want to hide it as your secret stash?"
Li Mu said helplessly, "I didn't mean to hide any money from you. I was just afraid that if you found out, you would think that all virtual currencies are scams and wouldn't let me play with them, so you would sell them all to me."
Wu Fei's expression froze. What Li Mu said made a lot of sense. She never thought that this kind of thing had any value. Even though the price had been inflated to $1, she didn't think it had any practical use.
If they had known beforehand that Su Mingzhe had so much cryptocurrency, they would never have kept it and would have forced him to sell it to supplement his family's income.
In that case, how could we possibly catch up with this massive bull market that saw a hundredfold increase?
Wu Fei was suddenly filled with mixed emotions. It seemed that men shouldn't be controlled too tightly or too loosely. Otherwise, one might unknowingly miss countless opportunities.
Thinking of this, her face flushed slightly. After a moment of silence, she seemed to remember something and asked softly, "Have you cashed it all out?"
"not yet!"
Hearing Li Mu's answer, Wu Fei became worried again.
"It's already increased so many times over, why haven't you sold it yet? Cryptocurrency has no real value, the price is just inflated by speculation. It's better to cash out and secure your profits."
Seeing Wu Fei's worried expression, Li Mu grasped her slender, fair hand and gently patted the back of it.
"Don't worry, I know what I'm doing. I'll find a suitable price to sell it after a while."
Seeing Li Mu's firm attitude, Wu Fei didn't dare to say anything more and could only settle for second best.
"Could we sell some first, get some cash out, and secure it in our pockets?"
Wu Fei's suggestion is quite reasonable from the perspective of risk avoidance.
Li Mu could only explain, "Feifei, there's one more thing I haven't told you. In order not to miss this market trend, I added leverage on the exchange a while ago."
Wu Fei was stunned for a moment, then quickly understood what she meant.
After adding leverage, if you don't liquidate the leverage and repay the funds borrowed from the platform, you won't be able to withdraw cash from the platform even if you sell some of the assets.
She was momentarily angry, opened her mouth, but couldn't utter a word of complaint. After a long while, she finally said:
"Mingzhe, what you're doing is too risky!"
Li Mu held her hand tightly, half explaining and half comforting her, "Feifei, this is a huge market opportunity. I've been researching it for a long time. If everything goes smoothly, we'll be financially independent in the future."
"When the time comes, we'll move to a bigger villa, buy a yacht, and enjoy life to the fullest, giving our daughter a better quality of life and access to a better education."
“We can also choose a scenic spot, buy a farm, and enjoy the pleasures of nature.”
"If you'd like, you can also bring your parents-in-law and dad over so you can take good care of them..."
Listening to Li Mu's description, a look of longing and anticipation flashed in Wu Fei's eyes.
After a long pause, he sighed and said, "Whatever. It was just a windfall anyway. If we lose it all, let's just pretend it never happened and continue living our lives."
"You're so good to me, my wife!" Li Mu said, kissing Wu Fei on the cheek.
Wu Fei rolled her eyes at him: "I've figured it out now. Why didn't you tell me about this earlier? Why did you wait until now?"
"Isn't it because they're afraid I'll find out and, not wanting to take the risk, force you to cash out?"
"Even if you hadn't sold it and had held it until now, we wouldn't allow you to risk using leverage."
"However, since that's how it is, I won't cause you any more trouble. Just do as you wish, as long as you don't lose everything."
Then, with a hint of regret, he said, "I originally thought I could cash out some money so you could use it when you go back to China, but now we can only spend the family's savings."
Li Mu seemed to remember something, so he pulled her hand and sat her down on the sofa. As he opened his laptop, he said:
"I can't touch the leveraged ones on the exchange, but I still have some loose ones on my computer's hard drive. I can sell them to get some travel expenses."
He was referring to the Ripple coins he bought for $8000, which have since increased in value more than 20 times.
After hearing Li Mu's words, Wu Fei also curiously came over to watch his operation.
The transaction went smoothly. As soon as Li Mu put the order up, someone quickly took it, and the transaction was successful.
After deducting transaction fees and commissions, Wu Fei selected to withdraw the funds. Soon, a text message notification sounded on her mobile banking app, which she quickly grabbed to check.
I was thrilled to receive the text message notification that $18.5 had been deposited into my account.
No matter how well Li Mu talked before, things like financial freedom, farms, and villas... he had no concept of them at all. Nothing beats the impact of real cash.
Just think about it, these are just some scattered cryptocurrencies on Li Mu's computer hard drive, and he's already sold so many. The bulk of the money is still with the exchange, and he's even leveraged it. How much will it be worth in the future?
After being shocked for a while, and then looking at the figure of $18.5, he finally calmed down and asked with some curiosity, "Mingzhe, were these very cheap before?"
Li Mu thought about the price of Ripple a few years ago.
"Two or three years ago, it was only worth a few dozen dollars."
Wu Fei was completely stunned.
"A few dozen dollars two or three years ago has become $18.5 today, a several thousand-fold increase."
However, considering that BTC has increased millions of times in seven or eight years, it doesn't seem like much.
Reality is more magical than imagination. The world is never short of miracles, but it lacks people who can discover them.
Chapter 6 Mingyu
The next morning, while it was still dark, Wu Fei quietly got out of bed after removing Li Mu's hand.
When Li Mu got up and finished washing up at the agreed time, the restaurant downstairs was brightly lit, and Wu Fei had already prepared a steaming hot meal.
Seeing Li Mu come downstairs, Wu Fei said, "I've already heated up the car. After I take you to the airport, I'll come back and take the baby to daycare as soon as possible."
"Hurry up and eat your breakfast. It's not close to the airport, so we need to leave early."
Hearing how thoughtful she was, Li Mu was touched. He silently walked behind Wu Fei and gently embraced her soft waist.
Feeling the soft, warm body in his arms, he leaned close to her ear and whispered, "Feifei, you're so good!"
A happy smile appeared on Wu Fei's lips, then she patted Li Mu's hand: "Alright, hurry up and eat breakfast."
……
The San Francisco Bay Area, where Silicon Valley is located, is a metropolis in Northern California. The only direct flight to Shanghai is from San Jose International Airport, which is not close.
It was still quite dark on the road, and there weren't many cars. Fortunately, we arrived safely.
After picking up the plane tickets, Li Mu had to queue for security. Seeing that Wu Fei looked a little disappointed, he went over and hugged her, kissed her on the forehead, and said gently, "Okay, don't see me off anymore. It's inconvenient to carry the baby. Be careful on your way back."
"I'll be back soon."
Wu Fei's complexion improved considerably, and she nodded gently, giving a soft "Mmm".
……
At Hongqiao International Airport, after getting off the plane, Li Mu walked along the exit to the airport hall, where he saw Mingyu waiting for him in the distance.
According to memory, the two had not seen each other for 10 years. Apart from the TV series, all the impressions of Mingyu in his mind came from 10 years ago.
Despite the lingering chill of early spring, Mingyu wore a long black cashmere coat. At 1.7 meters tall, she appeared slender and upright. However, her bright and spirited eyes, sharp and cheerful, exuded the aura of a strong woman.
Li Mu also remembered the coat she was wearing. According to his memory, the mall had a big discount last Christmas, and Wu Fei took a liking to it at first sight, but the price was too expensive.
Despite visiting the thatched cottage three times, he ultimately couldn't bring himself to buy it.
This small example shows that Mingyu's economic strength is indeed quite impressive.
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