Mr. Pantalone has no crazy plans today.

Thinking this, Pantalone's lips curled up slightly. Looking at the man bowing his head to swear allegiance to him, he gave his answer.

"From today onwards, I reinstate you as a Fool's Sergeant under the identity of 'Rich Man,' the Executor of the Fools. From now on, you are under my command. Do you understand?"

“I understand, thank you for your kindness, Lord Pantalone.”

Upon receiving Pantalone's reply, a look of ecstatic joy flashed in his eyes, and he excitedly responded.

Chapter 101 Mr. Pantalone is such a good man (4k)

Shortly after all public opinion was brought under control, thanks to the mayor's encouragement.

With the tacit approval of the Fools' Chief Executive Officer "Clown," everything unfolded as he had predicted. Initially, many workers resisted these new tools.

This is inevitable; the products of a new plan will inevitably be resisted by people of the present era, and this is true in any era.

However, Pantalone, with his long-term vision, could not possibly have missed all of this. Therefore, through his arrangements and the efforts of the Fools, who were the official force, they supported some workshop owners and merchants who had less influence.

With the backing of the Fools, those who were originally just marginal figures or those who were almost unable to survive in the market quickly accumulated enough power.

Thanks to efficient energy utilization and the help of 'autonomous machinery', they were able to quickly capture more market share at extremely low costs.

Compared to the inefficient and high labor costs, the enormous productivity brought about by this efficient and low-cost approach can be described as a game-changer for the existing industrial system.

Those who had originally believed that even if they couldn't defy the plans implemented by the "rich" executives, as long as they didn't cooperate, even the executives couldn't do anything to them.

However, such ideas were quickly overwhelmed by the steel torrent of changing times.

With their limited understanding, they tried to fathom what the foolish executor saw, but their limited understanding ultimately prevented them from seeing the whole picture.

Ultimately, they became the first remnants of the old era to be crushed in this new industrial age.

All old-fashioned ideas that resist new products will be completely crushed in the tide of time.

No one can single-handedly resist the arrival of a new industrial age, at least not the people of Teyvat.

Soon, under such oppression...

The original die-hards quickly crumbled, and more people chose to comply with the policies from the top in the face of such a change of the times. This allowed the previously resisted plan to quickly take over and change the original industrial system.

While all of this was happening simultaneously, even more people lost their jobs as a result.

However, Pantalone, who had already considered this point, naturally provided a solution: to involve more people in the production of 'autonomous machinery' and the industrial production lines for building base stations for the 'imaginary internal energy storage project'.

The unemployed were given money directly by the foolish crowd to help them settle down.

It not only solved the unemployment problem, but also encouraged the re-employment of the unemployed and promoted the development of the market economy, achieving multiple benefits in one fell swoop.

He's practically the most benevolent of all capitalists.

Isn't it kind enough to just give money directly to the workers?

Even Pantalone himself was moved by his own sentiments and kindness.

On the other hand, there was the plan to advance the monetary scheme he had prepared.

He also equipped the workers with 'Void Dream Terminals' and used virtual currency to pay their wages.

Although the merchants saw Pantalone's actions as blatant robbery, he had implemented these policies with the cooperation of the mayor.

The newly issued virtual currency has the same purchasing power as Mora. Like Mora, this new currency can be used as a circulating currency, and all market economic transactions during the winter will need to be settled using this virtual currency.

According to the executive, "Rich Man," the large amount of Mora, as a traditional currency, made settlement difficult.

Therefore, a special virtual currency certified by the Northern Bank was issued to serve as a more convenient settlement currency in the economic market.

However, the exchange between virtual currency and Mora is not restricted. They do not mandate that only this currency can circulate within Winter, but still allow the circulation of Mora.

However, under official supervision and the regulation of the Northern Bank, all economic activities require the use of virtual currency for settlement.

That's why, even though many businessmen thought it was outright robbery, they still had to grit their teeth and accept it.

There was nothing they could do; the other party was the boss of the Northern Bank and the executive officer of the Fools' Clan.

If they still want to do business in Winter, all their business activities in Winter will require them to first exchange their Mora for virtual currency, and then settle the transaction through the market to exchange the virtual currency back into Mora.

All the merchants who came to power in winter were baffled by what they had learned.

They didn't understand why they needed to go through this unnecessary step.

But for Pantalone, this seemingly superfluous approach is actually the first step in establishing its own cryptocurrency for market economic settlement.

Most people may find it extremely troublesome and resistant at first, but once they get used to it, they will subconsciously recognize that the virtual currency they issued has monetary value.

Once the monetary attributes of these cryptocurrencies are recognized, his Northern Bank will be able to use these cryptocurrencies for market transaction settlements throughout the seven countries.

From another perspective, this also allows him to obtain a large amount of Mora for free as cash flow.

However, he also knew that it would take a very long time to achieve this.

But for Pantalone, the one thing he has in abundance is time.

It might be harder to say about other countries, but for him, who has the home advantage, getting Zhi Dong to do this is just too easy for him.

For the people of Zhidong, he is backed by the Empress Zhidong.

The currency issued in the name of the Ice Queen is even more credible than the Mora minted by the Geo Archon of Liyue.