As the 24th generation leader of the Wuliang Sword Sect, Ma Tianyi was the leader of the Zhongzhou cultivation world during the third spiritual stone financial crisis. He worked with President Lu Yang to establish the Spirit Stone Reserve Bank.

In addition to the prominent identity of the head of the Wuliang Sword Sect and the first modern ascension immortal, Ma Tianyi is also the master of the third ascension immortal Xiao Huang, the current senior brother of the Wuliang Sword Sect, Lin Jianxing, and the second direct disciple of the senior Bo Nanke, the founder of the Jiuzhou Currency Alliance.

Because Ma Tianyi happened to enter the Immortal Gate when the Second Spirit Stone Financial Crisis broke out, and ascended in the daytime when the Third Spirit Stone Financial Crisis reached its climax, he witnessed the rise and fall of the two generations of cultivation monetary systems of the Jiuzhou Monetary Alliance and the Lingshi Reserve Bank, and is also considered an important historical figure in the Jiuzhou Cultivation World.

Even President Lu Yang has publicly stated more than once that without the full support of Master Ma, the Spirit Stone Reserve Bank would not be established. If President Lu Yang rewrites the financial history of the Jiuzhou cultivation world, then Ma Tianyi laid the political structure of the Jiuzhou cultivation world. During his time as leader, the power of the Wuliang Sword Sect also reached the strongest level in history.

Although the off-island and the outside world are isolated by the Nine-Turn Heavenly Shu Array, this does not mean that the off-island information is blocked.

Since the outlying island is located in the center of the East Ocean Marine Trade Route, ocean-going merchant ships often arrive at the port, Xu Tong's news is even more informative than some hidden sects and hidden families hiding in the deep mountains and forests of the mainland.

The story of the ascension immortal Ma Tianyi is not only a household legend in the cultivation world of Jiuzhou, but even Xu Tong, who is far away from the island, has heard it since he was a child and his ears are about to develop cocoons.

Suddenly, when he heard that Lin Dong had studied under the Ma Tianyi lineage, how could Yang Lu and Xu Tong not be shocked?

Xu Tong immediately bowed to Lin Dong and said, "It turns out that Master Lin is actually a junior of the head of Ma Tianyi! It is said that before Master Ma ascended, he had accepted three high disciples, namely the ascension immortal Xiao Huang and his Taoist partner, as well as the Supreme Elder Cheng Shuying, the current noble sect. I wonder which senior master Lin is a master of?"

Xu Tong originally planned to take the opportunity to compliment Lin Dong, but unexpectedly, the smile on Lin Dong's face froze instantly. Because Xu Tong's unintentional question happened to hit Lin Dong's pain!

But since Xu Tong had already asked such a straightforward question, Lin Dong was not suitable for not saying a word, so he had to twitch the corners of his mouth and replied: "I am not a disciple of any of them. My direct ancestor is the registered disciple of Master Ma... Senior Mingzhu!"

Senior Mingzhu?

Hearing this answer, everyone showed a strange look.

In the Jiuzhou Cultivation World, registered disciples do not mean that they have a humble status. The reason why cultivators accept registered disciples is mostly due to various reasons. They cannot accept the other party as a direct disciple. They have to adopt this compromise method to teach the other party some cultivation knowledge that does not involve the core secrets of the sect.

Tian Daxiao and Li Qingyang are typical cases.

Neither of them are disciples of the Wuliang Sword Sect, and Tian Daxiao is even from the Divine Fire Sect, which has always been a rift from the Wuliang Sword Sect.

According to the rules of the Wuliang Sword Sect, even if President Lu, who was born in the Wuliang Sword Sect, could not accept them as personal disciples, so he could only accept them as registered disciples and teach them knowledge of cultivation economics.

Although the two are not the direct disciples of President Lu, and they are now the most important figures at the peak of power in Jiuzhou, they still regard themselves as President Lu’s registered disciples and take pride in their identity as registered disciples.

But Lin Dong's ancestor Mingzhu's situation is different.

Although Mingzhu is also a registered disciple of the head of Matianyi, the relationship between the two is very strange.

It is said that during the third spiritual stone financial crisis, this senior Mingzhu had already practiced to the early stage of foundation building, but because the third spiritual stone financial crisis suddenly broke out, the prices of various assets including spirit stone coupons, spirit stone mineral vein stocks, spirit stone coins, and standard spirit stones fluctuated violently, and countless cultivators lost their money as a result.

Mingzhu is one of the many victims of the financial crisis.

What's even more outrageous is that because this senior Mingzhu couldn't accept the cruel reality that he had been ruined by decades of savings, he was so angry that he became crazy and became obsessed with, causing his cultivation to fall back to the level of great perfection of Qi Refining.

For a time, the "Big Leek Mingzhu" who became so angry that he became obsessed with the evil spirits, became a well-known figure in the Jiuzhou cultivation world, and even surpassed Li Qingyang and Tian Daxiao of the same period.

If Mingzhu, who is a laughing stock in the world of cultivation under normal circumstances, would be completely destroyed in this life.

Fortunately, there is no way out. As the cultivation level has greatly regressed, Mingzhu once again participated in the extraterritorial battlefield trial as a cultivator in the Qi Refining Stage. This trial that took place during the third spiritual stone financial crisis, the protagonist happened to be two future ascension immortals—

Lu Yang and Xiao Huang!

Even if these two famous ascension immortals are deducted, the lineup of this extraterritorial battlefield trial is still brilliant. Participants include Li Qingyang, the president of the Lingshi Reserve Bank, Tong Xingu, the Supreme Elder of Zijin Pavilion, Ye Wan, the head of Shenxiao Sect, Lu Youde, the Supreme Elder of Shenhuo Sect, and Xiao Nan, the Supreme Elder of Yufeng Sect, and many other famous figures in the cultivation world today.

It is precisely because he once fought side by side with the Ascension Immortal that Mingzhu, the "famous leek in the cultivation world", miraculously turned over!

According to rumors, because Mingzhu has made contributions to protecting Lu Yang and Xiao Huang, the head of Wuliang Sword Sect, Ma Tianyi, could not bear to see him depressed, so he made an exception to take Mingzhu, who had already mastered, as his registered disciple, and came forward to deal with some secular miscellaneous things for him, which was a bit similar to the role played by He Mingyuan in the Qingning Chamber of Commerce.

It’s a pity that Mingzhu’s foundation of practice has suffered irreversible damage because he was possessed by the devil. Even if the ascension immortal personally guided him, he still only practiced to the Golden Elixir stage in the end.

And after Ma Tianyi ascended, Mingzhu was actually imprisoned by the Wuliang Sword Sect to the notorious Qishan Prison for violating the rules of the sect.

It is precisely because this senior Mingzhu has a reputation as "the failure of investment leads to being intoxicated and being sent to prison" that when people talk about Ma Tianyi's disciples, they always ignore this unlucky person intentionally or unintentionally.

This chapter is not over, please click on the next page to continue reading! Lin Dong will only say that he is the descendant of Ma Tianyi, but will not say that he is the direct disciple of "Big Leek Mingzhu".

Xu Tong asked him in front of everyone and was the successor of Ma Tianyi’s disciple. It was like slapping someone in the face first and cursing her mother first!

Seeing that Lin Dong's expression was about to be tense, Han Fulai hurriedly stepped forward to smooth things over and said, "Master Xu, don't look at Master Lin's young age, but he not only has the sixth level of Qi training, but also has the essence and mystery of the supreme inheritance of the Wuquan Sword Sect. If you want to eliminate the early stage cultivators of the Divine Fire Sect in the Divine Fire Sect, it is like taking objects!"

Hearing Han Fulai's flattery, Lin Dong, whose expression was originally stiff, looked a little slower, and a smile appeared on the corner of his mouth.

With his strength, even in the genius Wuliang Sword Sect, which is genius, can be called invincible at the same level. It will reduce the dimension and attack the early stage of the Divine Fire Sect Qi Refining Cultivation. If you can even lose this, then Wuliang Sword Sect will be the leader of the seven major sects of Jiuzhou.

Xu Tong, who was originally a little disappointed, looked excited again after listening to Han Fulai's introduction.

He saw Yang Lu and Lin Dong appear at the same time. He originally thought that the Wuliang Sword Sect was preparing to send two early-stage Qi Refining cultivators to besiege Tian Beixi, but he never expected that this immortal master Lin was actually a dignified cultivator of the sixth level of Qi Refining!

A cultivator with a sixth level of Qi refining is countless times stronger than two cultivators with a third level of Qi refining!

What's more, the Wuliang Sword Sect's sword attack technique is the strongest in the cultivation world of Jiuzhou. Even though the Xu Tong family has lived on the offshore island for dozens of generations, this does not prevent him from hearing the name of Jiuzhou's strongest attack and killer move [Six Paths of Reincarnation Sword, One Thought of Infinite Tribulation].

This is almost a well-known plot in the world of cultivation!

It is said that during the second Lingshi financial crisis, the financial system of the Jiuzhou cultivation world had collapsed due to deflation.

Not only did Jiuzhou have their own independent monetary systems, but even within the continents, the monetary system was in a fragmented state. Countless cultivators were cut back and forth due to large fluctuations in exchange rates, and some places even directly retreated back to the original period of "bartering", which completely stopped the trade in Jiuzhou.

You should know that the cultivator has a noble status. He is neither able to go to the mines to mine in person, nor to draw elixirs in the mountains and forests, nor to spend his energy to hoe the earth in person.

After all, cultivators are not only pursuing immortality, but also want to be superiors. If they have practiced for a long time, they still have to be miners and farmers. It would be better to go home and hold their children directly.

Therefore, if a cultivator wants to collect cultivation resources but does not want to delay his own practice, he relies heavily on a complete economic system.

However, during the second Lingshi financial crisis, the Jiuzhou financial system completely collapsed. Not to mention the ocean trade across the continent, even cross-regional trade such as Haiyacheng and Tianshucheng encountered huge obstacles.

Since everyone does not recognize each other's currency, and the standardization of the spiritual medicines and magic weapons in the cultivation world is very low, I don't have a 99% chance of not needing the extra things you want, and I don't have a 99% chance of not reaching the sky if you want.

Even if someone tries to return to the most primitive spiritual stone-based currency system, the spiritual stone is in a state of severe deflation, and the price rises three times a day like Feitian Moutai, which makes it difficult for cultivators to obtain cultivation resources outside the region.

If the Bornean monk happens to need Xuantie from Zhongzhou, he can only drive the escape light and rush to Luanshi City for more than 200,000 miles to pick up goods, and also depends on what he has in his hands. Whether the owner of the Xuantie Mine wants it. If he can't take out what the other party wants, it would be a waste of time.

If all cultivators use this method to collect cultivation resources, except for Yang Lu, a plug-in user who can practice in his dreams, others will have no time to meditate and practice except for rushing to travel and collecting materials.

In addition, the tsunami-like spiritual stone financial crisis has also brought about a serious economic recession and a population reduction. A smaller population means that the total amount of merits given by the way of heaven is becoming increasingly rare, and the inversion of existing monks will be more severe.

Even if the financial crisis is left unchecked, it will end one day.

If we follow the natural laws of economic development, as the population gradually decreases, the number of cultivators will gradually wither.

As the population of cultivators decreases sharply, per capita cultivation resources will become richer, and the long-term deflation of spirit stones will eventually end. The Jiuzhou cultivation world can return to the era of spirit stone-based currency until the next spiritual stone financial crisis arrives, and the spirit stone-based currency system will be destroyed again. This process is like the dynasty change in ancient China, which requires cruel wars and recessions to pave the way for the next prosperous era.

However, human innate instinct is anti-natural. Although sacrificing one generation can pave the way for the next generation, no one is willing to be the sacrificed generation, especially the cultivators, who generally have a long lifespan, and the population of cultivators brought about by the economic recession is naturally slower to clear the cultivators. Therefore, cultivators have never given up trying to actively save the financial crisis.

In order to re-stabilize the financial situation in Jiuzhou, Bo Nanke, who was the head of the Wuliang Sword Sect at the time, decided to promote the Jiuzhou currency alliance system.

According to Bo Nanke's idea, the Jiuzhou Monetary Alliance requires the cooperation of seven major sects in Jiuzhou to issue new currencies in other major states using the spirit stone reserves of their respective sects as collateral.

Spirit Stone Voucher!

The system contains seven different attribute spirit stones, seven different attribute spirit stone coupons, as well as two auxiliary coins of gold and silver, with a total of 16 base currencies. In theory, each spirit stone coupon can be exchanged for corresponding spirit stones with equal face value.

To give a simple example, if the Wuliang Sword Sect masters the super water spirit stone ore veins, they can use the water spirit stone as collateral to issue water spirit stone coupons outside Zhongzhou. Anyone who holds the water spirit stone coupon can come to the Zhongzhou Wuliang Sword Sect headquarters to exchange for equal amount of water spirit stones.

This means that the water spirit stone coupon must be obtained in several other continents, but if you want to actually exchange it for water spirit stone, you need to bring the water spirit stone coupon to Zhongzhou for a trip.

This chapter is not over, please click on the next page to continue reading! In this way, the spirit stone coupons circulating on each continent can basically be exchanged for real spirit stones in other continents, which significantly reduces the pressure on the redemption of spirit stone coupons. Even if the arbitrage of cross-state spirit stone coupons is too rampant, the Jiuzhou Monetary Alliance can also prevent cross-border foreign exchange arbitrage transactions by limiting the upper limit of spirit stone coupons that each outbound monk can carry.

Under such a genius currency system, the total issuance of spirit stone coupons reached more than four times the actual spirit stone reserves of major sects at its peak, greatly alleviating the deflation problem that spirit stone-based currencies have long faced.

However, the establishment of the Jiuzhou Monetary Alliance means that the financial power of Jiuzhou will be concentrated in the Wuliang Sword Sect led by Bo Nanke. Therefore, after the "Bo Nanke Plan" was proposed, it immediately encountered collective opposition from Wanhua Valley, Zijin Pavilion, Guiyimen, and Shenhuo Sect.

In order to eliminate the concerns of these four major sects, Bo Nanke decided to fight against the four major leaders by his own strength. If Bo Nanke wins, the four major sects must unconditionally support the issuance of spirit stone coupons by the Jiuzhou Currency Alliance. If Bo Nanke is defeated, then the Wuliang Sword Sect will no longer force these four major sects to join the Jiuzhou Currency Alliance.

Although Bo Nanke is a cultivator of the tenth level of the Nascent Soul and his cultivation and combat power are firmly ranked first in Jiuzhou, it is still too incredible to fight against the heads of the four overlord sects alone, so the four major sects took on the bet.

But no one expected that after Bo Nanke practiced the Six Path Swords to the extreme realm of the tenth level of the Nascent Soul, he actually learned the powerful killing moves of unprecedented people and no one to come.

One thought of countless kalpas!

It was precisely with this supreme killing move that Bo Nanke defeated the joint siege of the four leaders, making the four sects willing to take the disadvantage.

After the shocking bet, the predecessor of the Spirit Stone Reserve Bank, the Kyushu Currency Alliance, was officially established and successfully resolved the second Spirit Stone financial crisis. It was not until the third Spirit Stone financial crisis broke out 1,500 years later that it officially withdrew from the historical stage.
Chapter completed!