Investor That Can See The Future

Chapter 129

A hydrogen car is, so to speak, a gyereuk.

There is nothing to eat, and it is a waste to throw it away.

Compared to electric vehicles, which are relatively easy to develop, hydrogen cars consume huge R&D costs for fuel storage tanks and fuel cell stacks, and it is difficult to establish a mass production system.

This acts as a kind of barrier to entry, and automakers with abundant funds and production lines are inevitably advantageous.

Eunsung Motors threw patents and technological alliances as bait to create economies of scale, and accepted automakers once.

Even if it wasn’t from Eunsung’s proposal, Toyota, Audi, BMW, and Honda were already conducting R&D on hydrogen cars on their own.

The idea of ​​changing the game rather than following as a latecomer in the electric vehicle market, where startups such as Nikola and BID are already taking the lead, may also have played a role here.

The reason why automakers cannot give up their regrets about hydrogen cars is simple, even in a situation where electric vehicles are the trend.

It is because we are not sure whether electric vehicles have fully established themselves as next-generation vehicles or whether they will move to hydrogen cars.

All problems with electric vehicles start with the battery and end with the battery.

In the last few years, IT technology has developed quite innovatively. But the battery couldn’t keep up.

It simply put more capacity in the same volume and lowered the unit price through mass production and improved manufacturing process. (Although this is a huge improvement)

Hydrogen cars also have problems such as installation of charging stations, safety of fuel storage tanks, and fuel cell stack price, but they can be sufficiently solved.

It has been proven that the fuel storage tank does not explode even in a traffic accident, and the charging station can be built. The fuel cell stack price can also be lowered as long as it has a large-scale production system. (It is still much lower than in the early days)

I covered the material I was reading. It was Golden Gate’s internal data on the prospect of the next-generation automobile market.

Taek-gyu asked.

“Will the hydrogen car era really open?”

I said exactly what was in the document.

“It could be if electric vehicles do not solve the battery problem while hydrogen cars are becoming cost-competitive.”

As they are living on electric vehicles, hydrogen cars, and government subsidies anyway, if government support is concentrated on hydrogen cars, it could grow rapidly in a surprisingly short period of time.

“Your Excellency will support you in Korea, but other countries won’t, right?”

“A question here. Which one will the government prefer, electric or hydrogen cars?”

“Electric car?”

“Ding. The answer is a hydrogen car.”

“why?”

“Because it’s easy to pay taxes.”

Fuel tax accounts for a large portion of tax revenue.

The fact that the government was ignorant while aware of the trend toward eco-friendly cars was because of the realistic problem of tax revenue reduction.

As electric vehicles are widely used in homes and industries, it is not easy to impose a specific tax on automobiles.

However, it is easy to tax hydrogen according to its capacity, just like gasoline or diesel.

If the day comes when internal combustion locomotives are completely replaced by hydrogen cars, won’t hydrogen be taxed as much as gasoline?

“If hydrogen cars succeed in Korea with government support, other countries may have similar thoughts.”

In fact, many countries such as Japan, China, Germany, and France are interested in fostering hydrogen cars.

Japan has already built more than 100 hydrogen refueling stations led by the government, and other countries are accelerating infrastructure construction.

The reason EVs were able to win is because the price of batteries has fallen and the range and charging time have improved dramatically.

If the construction of hydrogen vehicle infrastructure and the decline in fuel cell stack prices outpace battery power generation, there is no law that the situation cannot be reversed.

“In the end, the problem is the battery… … .”

As I was muttering like that, my surroundings suddenly became blurred and something appeared in front of my eyes.

“… … .”

Next-generation batteries? Nobel Prize in Chemistry?

Why is this suddenly appearing?

When I woke up, the hologram was gone. Instead, he saw Taek-gyu’s face.

“What did you see?”

I muttered blankly.

“The future of electric vehicles.”

“Huh?”

When I told him about what I had just seen, Taek-gyu asked, confused.

“What is it?”

I thought carefully.

“Yeji wouldn’t have given me useless information. Maybe this is the key to solving the electric vehicle battery problem?”

Taehyung nodded his head.

“Five! It really could be. So what should I do now?”

“First, we need to find Professor Ho-Min Kim.”

“Your name is too common.”

There will probably be hundreds of Kim Ho-min across the country.

“You are a professor. How many professors have the name Homin Kim?”

“How many will there be?”

“If it’s battery development, it’s probably a professor in the science and engineering field.”

Homin Kim, Professor, Battery-related fields.

These three things alone are sufficient to specify an object.

Without having to do any research, I first searched for the name on the portal site. A total of three people appeared in the person information section.

Professor of Philosophy, Department of Applied Music, and finally… … .

“Professor Homin Kim, Department of Chemistry, Hankuk University.”

Were you a professor at my school?

* * *

After lunch, I went out with Taek-gyu and Sang-yeop to the break room outside the building.

“Ugh, it’s cold. When the heck is the weather going to get better?”

I asked Taek-gyu.

“Is the creation of an e-sports team going well?”

“I’m looking for a place for training camps and dormitories, and I’m recruiting players along with the PR team leader. Surprisingly, the salary is not that much.”

A pro gamer may seem like a lot of wealth and fame, but in reality, very few players earn more than 100 million won.

Most of the players get paid well even if they only get the salary of an employee at a large company, and most players don’t even get that.

From the perspective of companies, it is difficult to give a high salary because e-sports is not as broad as baseball or soccer, and it is difficult to make a profit in particular.

“Recently, famous pro gamers are moving to China.”

The power of Chinese capital was truly frightening, so he generously paid two or three times his annual salary. The growth of the Chinese e-sports market also contributed to this. Because the size of the market cannot be compared with Korea.

Taek-gyu said as if he was sorry.

“The lack of corporate support is leaking national talents.”

“What kind of talent outflow… … .”

It is natural to move to a place that pays more than a professional. It would be nice to go abroad and raise the national prestige through games.

Sangyeop senior put a coin in, pulled out a vending machine coffee, and handed it to us.

“Aren’t you taking your seat these days?”

At my question, Sangyeop said with a sigh.

“Why won’t you come in? It doesn’t come directly to me after changing my contact information, but it’s pouring in through my parents. The daughter of a member of the National Assembly, the daughter of a professor, the daughter of a small business, a celebrity, a judge, a lawyer at a law firm, etc.”

I laughed bitterly.

“See you.”

“I am not the only one who wants to introduce you. Would you like to see the line?”

“… … Fine.”

What does Sun mean at this age?

Sangyeop said while drinking coffee.

“You know the cryptocurrency market is going crazy these days, right? Vantcoin is on the verge of hitting $3,000 soon.”

I was a little surprised by that.

“Wasn’t it two thousand dollars a few days ago?”

“In those days, it went up 30 percent.”

Taek-gyu showed interest.

“Wasn’t it a thousand dollars when we sold it?”

“It was about $1100.”

Even then, I thought the price was outrageous. But it’s more than double that. If I had kept it in my e-wallet without selling it, it would have been 30 billion won.

“What about Ethereum?”

“It was over $300.”

This time I was very surprised.

“really?”

“Currently, the number one market cap is BANTCOIN, and the second place is Ethereum. And other altcoins such as Ruple, Loida, Stellmenta, Botcoin, Padex, etc.”

Newly entering the market, altcoins are showing a tremendous upward trend, surpassing that of Bantecoins.

In addition, K Company continues to mine various altcoins as well as Vantcoins at mining sites in China and Iceland.

“How much is the total market cap of the coins?”

“About 100 billion dollars.”

“… … .”

The market cap of Seosung Electronics is also catching up.

Cryptocurrency exchanges are also growing significantly thanks to the rise of BANTCOIN. Bansome, which had barely made any profits until last year, started screaming happily at the beginning of this year as its trading volume and transaction amount skyrocketed.

“The server exploded a while ago, so we expanded the server and started increasing the workforce. We also rented a building to create a customer center and offline exchange in Gangnam.”

“It’s like a stock exchange.”

“It’s actually similar. There is also an electronic billboard that displays the coin price and ask price. It’s the difference between buying and selling stocks and buying and selling coins.”

Senior Sangyeop looked at me and asked.

“Even if you exclude the Bansum stake, the price of your coins alone has already exceeded $2.5 billion. How much longer do you think this will go?”

“I do not know. What do you think, senior?”

“I think we should dispose of it slowly now. It looks like the bubble is about to burst. Even if it’s a blockchain, you still don’t know what value it has. Doesn’t it look a bit like a tulip bubble?”

Taek-gyu pretended to know.

“Did tulip prices just go up in Holland?”

Seodanggae is said to have a good harvest in three years, and now he knows a lot about economic history.

I gave an ambiguous explanation.

“Not all tulips have gone up, to be precise, the price of rare bulbs has skyrocketed.”

Tulips mutate during the mating process, resulting in rare colors. But suddenly, as people began to value these rare bulbs, the price began to skyrocket. And at the end, the bubble burst and ended with a collapse.

“It is similar to the dot-com bubble in that it is the emergence of a new technology called blockchain.”

Bubbles don’t just happen, they happen only when certain conditions are met.

First, there must be abundant liquidity, secondly, the investment object must be scarce, and thirdly, there must be a belief that the price will continue to rise.

If you add a new technology or product that has never been seen before, it will be an added bonus.

“Well, even back then, people invested without knowing what the Internet was.”(Read more @ wuxiax.com)

The dot-com bubble came to Korea and became the KOSDAQ bubble.

As for how absurd it was at this time, if it was an IT company, it unconditionally skyrocketed, and even a company that had nothing to do with it hit the high limit every day just because the name was IT (?).

Later, the stock price went up just because it was on the KOSDAQ. The famous Saerom technology once exceeded the market cap of Eunsung Motors.

All of this is due to the illusion of a new technology called the Internet. Again, at the end, it crashed and decorated a splendid finale.

After hearing my explanation, Taek-gyu asked.

“What crazy is that?”

“Originally, when the world goes crazy, crazy people become normal, and normal people become crazy people.”

In fact, fund managers and analysts who shouted that KOSDAQ was a bubble at the time and should not invest were treated like crazy.

It rises when you wake up. Is it normal to invest or not to invest?

The same is true of cryptocurrencies now. You can make money by investing, so you jump into the market without knowing what blockchain is or what its value is.

Sangyeop senior said.

“If you look at things that have risen like this in a few months, isn’t it a real bubble?”

“It is a bubble that has to burst.”

One of the scariest things about bubbles is that you don’t know until they burst.

“How about selling it slowly?

If you think rationally, it is right to realize profits by now. To rise suddenly one day means that it may suddenly fall at any moment.

But somehow I feel like I shouldn’t be selling it now.

A normal person would believe in rational judgment, but in my case it would be better to trust the senses, right?

“Hold it for now. We don’t buy any more, we just keep watching as we mine.”

Senior Sangyeop nodded her head without asking why.

“Okay.”

Taegyu said.

“Do you know? How many years from now will we hit 20,000 Vantcoin?”

At that, Sangyeop-senpai burst into laughter.

“Hey, that’s a bit harsh.”

“I didn’t even pay a dollar before anyway.”

Anyway, after Brexit and the US presidential election, there was no money coming in, only money going out, but I’m glad that even cryptocurrencies are going up. It’s not money until you sell it and collect it.

I crumpled up the finished paper cup and threw it in the trash, muttering.

“Is there no hole for the money to come out?”

“Why not?”

“Huh?”

Taehyung said proudly.

“The day after tomorrow, Lost Fantasy M will be released.”