1074 Dissemination of the Encyclopedia

"Will silver be the collateral in the end?"From the beginning, it was just as Eye had thought. "

The question of whether the National Congress of the Orient recognises Enlargement as the official currency.

It seems to have been settled by submitting to Congress what Eye wrapped up as a bill on the handling of En, and using it as a platform for discussion.

A new type of bracelet that the Church of Barca gives to its followers.

We have decided to officially recognize encoding that can be processed by the transaction function attached to it as money.

In other words, the item "en" was added to the tax payable to the Orient country.

However, conditions could also be imposed for this purpose.

One of them is the release of information.

Beyond collecting as a tax, the Orient countries must know who has which and how many entrances.

For that reason, it seemed that the state could always know how much assets it had.

This is quite a ripple.

As a country, it was easy to accept because it was easy to manage, but it was rather very welcome.

However, as a merchant, she seemed to have a tendency to hate that her money would be grasped, and Christina was opposed to it until the end.

Well, it seems that some of the senators were against it.

But in the end, this was decided in this way.

In addition, other major decisions were made.

That is, silver was prescribed as a guarantee of the value of En.

In other words, En and Silver are linked in value.

Although En is not a silver coin, it must be managed so that it can be exchanged for silver according to the amount of En if necessary.

Here is the biggest reason Congress approved En.

In other words, if the Barca Church, which manages the Ens through the bracelet, issues the Ens inexhaustible, the Orient may demand that the Barca Church convert the Ens into silver.

It was stipulated that if at that time the country had issued so much of the entrance that it could not be exchanged for silver, the country could also take all of the control of the entrance from the Church of Barca.

This led the Vulcan Church to match the amount of silver in its possession when issuing the Ens.

Just doing so will definitely curb the disorderly spoilage.

That's why the Orient councillors recognized En.

Normally, a condition like this would cost Enron his worth.

Because the Barca Church, an emerging religion, can't possibly have that much silver.

If you have a small amount of silver, you will naturally narrow down the amount of entries that are issued.

What will happen if I do that?

En has become a currency with only a very small number of people, and transactions using it are rarely conducted, resulting in low liquidity.

This kind of thing makes sense because everyone uses it.

I don't know who has it, but in a situation where most people don't have an entrance, no matter how convenient it may be, it won't go out of fashion.

In other words, although a new currency, En, has appeared, it is not patchy at all, and it will eventually disappear into money.

But the Banage didn't know.

The Barca Church, rather than the New Barca City, means of making silver existed.

Those are the white dogs we brought back alive during the winter, called the Elle Series.

They have since gradually begun to get used to life in the new city of Barca, and before they can eat their meals, they are always forced to exchange iron for silver.

In other words, every day, silver was piled up in the heart of the new city of Barca, the Barca Palace.

Thanks to this, it stands to issue a certain degree of encoding.

At the very least, it shouldn't disappear spontaneously as soon as it's launched.

"But you thought about it." I never thought there would be an iron mine so close.I mean, is the Barca Church responding properly, Hannah? "

"Well, somehow... but it's a little too hard, Alphonse, because everyone is coming to me."

"If you want to complain, tell Ai." I don't know. "

Elle's silver alchemy makes silver.

But there was something that was absolutely necessary for that.

It's iron.

The magic trait of the white dogs is that they cannot make silver without iron.

That's why I went to Ai to get a place in the Iron Mine to get some iron, but I was told I didn't have to.

And instead, Eye prepared a way to get iron.

It was a terribly easy way.

It was a way of getting the people to bring their own iron.

In other words, here's how Eye secured the iron.

When I brought the iron to the Vulcan Church, I told them I would replace it with En.

This effect was great.

This is because some of the coins in circulation in the Orient were made of iron.

Iron coins at the bottom of gold and silver coins.

If you take that cargo with you to Barca Church, you'll be able to exchange it for En.

And the ends can be exchanged for silver if necessary.

The people who heard it would have imagined silver alchemy.

All you need to do is bring the Iron Coins to Barca Church and you'll get the Silver.

Iron gathered immediately in large quantities.

Looks like you didn't need an iron mine.

Give the iron goods collected from the churches in the Orient to El-chan and exchange them for silver.

I'm going to issue an entrance out of that amount of silver, but it looks like we're doing a good job of calculating it, and there's no damage to it.

For I know not how much silver I can extract from that armor, unless I enter into the temple of Barca.

It seems that the amount issued by En is lower than the silver made from iron cargo, but if you look at it for the people, the situation is improved.

As a result, those who had acquired a new bracelet at the Vulcan Church were able to bring in the Iron Cargo and convert it to En.

And you can make that emblem into silver, but you can trade it as it is.

Rather, when it became known that it was safer to keep the silver item in your hand with a bracelet than to keep it in your hand, it gradually began to be used in everyday transactions.

Thus, in the Orient country, EN began to spread smoothly.