Beast Taming Immortal Clan

Chapter 712 The Argument Continues [Please Subscribe]

Tianyuan Immortal City.

When Zhou Chun arrived at the scene after hearing the news, dozens of Nascent Soul stage cultivators had already gathered in the immortal city.

This matter of re-establishing the monetary system concerns the rise and fall of the entire human cultivation world, and basically every country has invited Nascent Soul stage cultivators to come.

Just like the cultivation world in the far west that Zhou Chun had visited before, as well as distant countries such as the Ice Barbarian Kingdom, all of them sent people over.

Therefore, in terms of scale and solemnity, it surpasses the previously held "Tianyi Dharma Assembly".

When Zhou Chun arrived at Tianyuan Immortal City, there were still some Nascent Soul stage cultivators who were further away who had not yet arrived.

Therefore, after meeting Master Xuanzhen, he was temporarily housed in a cave within the Immortal City.

After settling in, he did not sit and wait, but took the initiative to contact and communicate with some cultivators he had interacted with before, inquiring about relevant information.

Since a new monetary system is to be established, there must have been some proposals and preparations already made. It's impossible that they didn't think of anything and just summoned everyone over.

Zhou Chun now wants to know what preparations those qualified to make proposals have made, so that he can have a better understanding of the situation.

However, the secrecy surrounding this matter exceeded his expectations.

Whether he approached Huangfu Tianming or Nangong Wuqing, who had also come, he couldn't get any accurate information.

In the end, all they could do was patiently wait for the conference to begin.

After waiting for more than half a month in Tianyuan Immortal City, Zhou Chun finally received the notice of the conference.

The conference was held in a council hall in Tianyuan Immortal City. A staggering 173 Nascent Soul stage cultivators were present, exceeding the number of attendees at the previous "Tianyi Dharma Assembly".

And there were a total of twelve Nascent Soul stage cultivators present!

In other words, the Nascent Soul Venerables don't pay much attention to worldly affairs; otherwise, it wouldn't be impossible for several Nascent Soul Venerables to gather here.

In this setting, Zhou Chun remained very low-key, sitting quietly in his seat and listening to the great cultivators speak.

"I believe you all know why I have gathered you here today."

"After being reminded by the Venerable Tianyi, and after our own observation and verification, we have confirmed that the turbid evil energy is slowly dissipating."

"In the past few years, the refusal of spirit coins due to this matter has seriously affected the operation of the entire cultivation world and every force."

"Now that we are all gathered here, we must come up with a way to resolve this crisis and prevent this situation from continuing."

At the head of the main hall, an elderly man in purple robes with a weathered face solemnly looked down at the crowd and slowly began his opening remarks.

This purple-robed elder, known as Huayang Zhenren, was not only a late-stage Nascent Soul cultivator himself, but also had a Nascent Soul Venerable, Yuanyang Venerable, standing behind him.

Therefore, although Tianxuan Zhenren of the Mingtian Sect was present today, he was still the one presiding over the meeting.

At this moment, after True Person Huayang finished his opening remarks, a mid-Nascent Soul cultivator immediately spoke up: "Fellow Daoist Huayang is right. Nowadays, the spiritual currency of the cultivation world in various countries is being abandoned, and trade between caravans of various countries has almost come to a standstill. Whether it is to revitalize the credibility of the spiritual currency or to promote another set of alternative currencies, it needs to be done as soon as possible."

At this point, the man rose and bowed to the twelve late-stage Nascent Soul cultivators, including True Person Huayang, saying, "May I be so bold as to ask you all a question? Do you have any thoughts on what could be a substitute for spirit coins?"

"Fellow Daoist Cen, please be patient and let me explain slowly."

Master Huayang waved his hand, indicating that the person should sit down first.

Then he slowly spoke, "I don't think I need to explain to you all why we decided to use spirit coins as the universal currency of the cultivation world to facilitate the buying and selling of various spiritual items. Once the turbid evil energy completely dissipates, the abandonment of spirit coins is an inevitable thing."

"However, as fellow cultivators know, once spirit coins become unusable, it will have a significant impact on trade in the cultivation world and cause considerable inconvenience."

"Therefore, if we are looking for an alternative to spirit coins, this thing must have its own value and be useful to us cultivators so that it can be accepted by the public and used as currency!"

At this point, he sighed with regret, saying, "Spirit crystals were originally a very good thing, but they were too rare to be widely available!"

"Therefore, if there is something that can be produced in large quantities and is as easy to use as spirit crystals, then it would definitely be the best currency choice."

These words resonated with everyone in the hall, who nodded in agreement.

Cultivators are very pragmatic, especially after the incident of the spirit coins becoming invalid. If you want them to accept a new currency, then that currency must have an irresistible appeal to them.

In fact, from the very beginning, spirit coins were not trusted or accepted by independent cultivators.

It was only because the major powers unanimously promoted this item and only allowed independent cultivators willing to accept spirit coins to purchase some strategic resources, allowing them to enter the market strongholds for cultivation, that it became so widely available.

Now that we consider that the turbid and evil energy will dissipate in the future, things like spirit coins, which have no practical value, certainly can no longer be used as currency.

At least after the turbid and evil energy dissipates, it can no longer serve as currency.

But then Master Huayang spoke again: "To be honest, I can't say for sure what to use to replace spirit coins. We might need to pool our wisdom and efforts, and even mobilize alchemists and weapon refiners from all sects to come up with a solution to see if we can refine something similar to spirit crystals!"

"Before that, after discussing with other fellow Daoists, I thought that perhaps we could use magic talismans and pills to restore mana as temporary currency."

"Of course, the best approach is to continue using spirit coins as currency until the turbid energy dissipates, and then prepare something else to replace them before the turbid energy dissipates!"

Having said that, Master Huayang nodded slightly to everyone and said, "I have finished speaking. Now, fellow Daoists, if you have any good suggestions or ideas, please feel free to speak them."

As soon as the words were spoken, a Nascent Soul cultivator immediately chimed in, "I have a preliminary idea: could we use spirit metals and spirit jade such as black iron, purple copper, and flame jade to make coins, and then determine the exchange rate based on their approximate value?"

Upon hearing this, Master Huayang immediately shook his head and rejected the idea, saying, "This is inappropriate!"

Then he explained in a deep voice, "Many of those Qi Refining stage cultivators do not have the ability to distinguish between real and fake coins. Coins made of eight parts black iron and two parts refined iron are enough to make it difficult for them to tell the difference between real and fake."

"Moreover, even for Foundation Establishment cultivators, once a transaction involves hundreds or thousands of coins, it would take an unimaginable amount of time to identify the authenticity of each coin. It's just too inconvenient!"

Unexpectedly, the cultivator who made the suggestion did not give up and quickly added, "We can crack down on counterfeiters and find ways to imprint intricate runes on coins that are difficult to imitate, or even forge special magical artifacts that can accurately identify the authenticity of coins!"

Upon hearing this, Master Huayang shook his head again and said, "So-called secret texts that are difficult to imitate, are you sure they can stump us Nascent Soul cultivators? Spirit gold currency is not the same as spirit coins. This thing can be used as a material for refining weapons. If you want to counterfeit it, the profit is extraordinary. It's hard to say that no one will take the risk!"

"Furthermore, these kinds of spirit ores are scarce to begin with. Once they are mined in large quantities for refining coins, their value will inevitably rise, causing a significant increase in the price of magical artifacts. The resulting series of problems will be even more difficult to solve!"

Having said that, to prevent the person from arguing further, Master Huayang bluntly stated, "In short, using spirit gold and spirit jade as currency is absolutely unacceptable. Before spirit coins even appeared, the seniors in the cultivation world had already confirmed that this was not feasible!"

Seeing that he so firmly rejected the suggestion, the man didn't say anything more and could only sit back down.

But soon another Nascent Soul cultivator stood up and said, "I also have a suggestion, though it may be immature, and I would like to hear the opinions of all fellow cultivators."

"I believe that elixirs can be used as a substitute for currency, but not elixirs to restore mana, but rather elixirs to enhance cultivation!"

"We can ask the grandmasters of alchemy and alchemy to research and develop three types of pills that can enhance the magical power of cultivators in the Qi Refining, Foundation Establishment, and Purple Mansion stages, based on the existing pill formulas."

"These pills don't need to be too potent; each one only needs to raise a cultivator's cultivation level by about a month. That way, everyone will naturally be willing to accept them as currency!"

Unfortunately, his suggestion, which he thought was quite good, was once again ruthlessly rejected by Master Huayang.

"This is also not feasible!"

"Leaving aside the fact that the elixirs used to refine pills that enhance magical power are inherently difficult to mass-produce, deliberately weakening the efficacy of these pills is a waste of those elixirs!"

At this point, Master Huayang also criticized sternly, "Not to mention, consuming large quantities of these pills will inevitably lead to the accumulation of toxins in the body, which is inherently harmful!"

The mid-stage Nascent Soul cultivator, after being reprimanded like that, chuckled sheepishly and said, "Fellow Daoist Huayang, there's no need to be angry. I was just offering a suggestion. If it doesn't work, it doesn't work!"

Then he slunk back down.

At that moment, another Nascent Soul cultivator stood up and said, "I believe that using blank talisman paper as currency might be a feasible solution."

At this point, the person answered his own question: "Firstly, blank talisman paper is easy to identify, which basically eliminates the possibility of counterfeiting; secondly, the materials used to make blank talisman paper come from diverse sources, and it is not difficult to mass-produce low-level talisman paper; furthermore, the purpose of blank talisman paper is very clear, and there is no such thing as it having no exchange or use value!"

"However, blank talismans cannot be stored for too long, and repeated transactions can easily damage them. These two fatal flaws make it impossible for it to serve as a long-term currency!"

At this moment, it was Master Tianxuan who spoke up in rebuttal, and he pointed out the flaws of using blank talisman paper as currency incisively.

He himself is a grandmaster of talismanic arts, so he naturally has the highest authority to speak on this matter.

Zhou Chun found it quite amusing to watch as these people offered suggestions one by one, only to have them rejected one by one.

It's hard to say about others, but the cultivator who proposed using spirit gold and spirit jade as currency, he could tell that the other party came from the cultivation world in the far west, where various spirit gold mines are abundant.

If they did as they said, their cultivation world in the far west would obviously become the richest place in the entire cultivation world.

The cultivator who proposed using blank talisman paper as the unit of currency came from a powerful force skilled in talisman making. If blank talisman paper were used as the unit of currency, their entire sect would undoubtedly benefit greatly.

Therefore, it can be said with certainty that the proposals made by these Nascent Soul stage cultivators were not intended to solve the problem, but rather to maximize their own interests!

Zhou Chun neither loathed nor liked their selfish behavior.

At the same time, he was also thinking about what would be a more suitable alternative to spirit coins.

For the next few days, more than a hundred Nascent Soul stage cultivators argued endlessly about what could replace spirit coins.

During this period, dozens of Nascent Soul stage cultivators offered their own insights, but many of their so-called suggestions were not worth scrutinizing and were completely useless.

Some seemingly feasible suggestions also have fatal flaws, and are prone to various problems after being implemented on a large scale.

Therefore, after discussing for three days and three nights, the group was still unable to reach a consensus or come up with a satisfactory solution.

Under these circumstances, after Hua Yang Zhenren privately communicated with Tian Xuan Zhenren, Xuan Zhen Zhenren, and other late-stage Nascent Soul cultivators, they quickly reached a certain decision.

Suddenly, he spoke up, saying, "Fellow Daoists, please be quiet for a moment and listen to what I have to say."

As soon as he finished speaking, everyone turned to look at him.

Then Master Huayang said in a deep voice, "Since we cannot come up with a feasible solution right now, we can discuss this matter later. Over the next thousand years, we can take our time to think about it and try different approaches until we find a perfect and feasible alternative!"

"Until then, it is imperative to continue using the spirit coins and ensure they continue to serve their purpose!"

"Therefore, I propose that you fellow Daoists, upon your return, voluntarily reopen the market and allow spirit coins to circulate again. At the same time, we should all promise that once something replaces spirit coins in the future, each faction can exchange their existing spirit coins for it according to a certain ratio, instead of letting all spirit coins become scrap metal!"

(End of this chapter)