HRSCNP Research Team

虚拟货币交易所 Virtual Currency Exchange

《 SCIREA Journal of Economics 》http://dx.doi.org/10.54647/economics79288

虚拟交易所方案初稿已经发表，它试图解决Pi与200种法币交易问题。全体矿工共同组建，全世界网点数千个，资深矿友均可成为交易所网点一方店主，这是重要的商机，请参与讨论。推特pi_vce,网址www.pi-vce.com,方案征求意见中。Pi网名：yymm8899

The first draft of the Virtual Exchange scheme has been published, which attempts to solve the problem of Pi trading with 200 kinds of legal currencies. It will set up thousands of outlets all over the world. All senior miners can become the shopkeepers of the exchange outlets. This is an important business opportunity. Please participate and support. Twitter pi_ VCE, www.pi-vce.com, in the process of soliciting opinions on the scheme. Pi username:yymm8899

这是一个始于2008年美国金融危机开始的研究。2016年在特朗普胜选美国总统同时，为迎合特朗普最大的竞选承诺，本团队专门为特朗普设计了一套启动大型基础设施建设的计划，这就是:

美国高速铁路和超级城市网规划

High-speed Railways add Super Cities Network Plan

（HRSCNP）

在特朗普总统任职期间，研究成果和其中的细节向特朗普通信100多次，得到特朗普亲自回信两次。课题指出：当今世界已经进入高速铁路时代，美国经济最大的制约因素是大众交通的速度。如果美国有一个比汽车时代快5倍的高速铁路网，美国经济将以新的高速度发展，未来30年将增加3个美国。

自从2019年开始，团队经过两年多时间的观察，认为作为加密货币的新星Pi可以成为美国这个巨大基础设施建设项目的最佳合作伙伴和最优合作模式。为此HRSCNP团队在2021年圣诞节之夜，推出一项合作计划设想，让最优秀的加密货币与最优秀的建设项目-美国高速铁路完美合作，由来自全世界的Pi的投资者为这项计划引进足够的资金，推动美国进入一个新的伟大的建设时代。这就是作者的：

Pi 的第二白皮书——未来和发展

Pi's Second White Paper

—Future and Development

（讨论稿，欢迎评论，欢迎转发。本文已经发表在美国经济学杂志。）

This is a study that began with the U.S. financial crisis in 2008. In 2016, when Trump won the US presidential election, in order to meet Trump's biggest campaign commitment, our team specially designed a plan for Trump to start large-scale infrastructure construction, which is the US High-speed Railways add Super Cities Network Plan (or HRSCNP).

During Trump's tenure, the team sent more than 100 letters to President Trump on the research results and details, and received President Trump's personal reply twice. The results point out that the world has entered the era of high-speed railway, and the biggest constraint on the American economy is the speed of mass transportation. If the United States has a high-speed railway network five times faster than the automobile era, the U.S. economy will develop at a new high speed, and three more United States will be added in the next 30 years.

Since 2019, after more than two years of observation, the team believes that as a new star of cryptocurrency, Pi can become the best partner and best cooperation mode of this huge infrastructure construction project in the United States. Therefore, the author launched a cooperation plan on Christmas 2021 to let Pi investors from all over the world introduced sufficient funds for the plan to promote the United States into a new great construction era.

Launch a cooperation plan to make the best cryptocurrency cooperate perfectly with the best construction project - American high-speed railway,

欢迎美国伟大的政治家、投资者、专家、学者和高科技精英合作并采取行动，组建一支庞大的团队，开始本项目的前期准备。垄断这个庞大项目不仅为Pi找到巨大的应用市场，而且为美国做出了历史性的贡献。

Welcome great American politicians, investors, experts, scholars and high-tech elites to cooperate and take action to form a huge team to start the preliminary preparation of this project. Monopolizing this huge project not only finds a huge application market for Pi, but also makes a historic contribution to America.

智慧是财富之父，项目是财富之母。美国高速铁路创造的财富将超过所有人的想象。

Wisdom is the father of wealth and project is the mother of wealth. The wealth created by American high-speed railway will exceed everyone's imagination.

Pi Virtual Currency Exchange（VCE）

Pi 虚拟货币交易所

全球首创的虚拟货币交易是上述成果之一。Pi的最大优势是先发展客户，已经发展3000万个客户，但这些客户都是Pi的卖家。市场上10个卖家难找一个买家，这可能导致买卖失衡，价格压低。

本团队设计的虚拟交易所翻转了这个局面，结果导致：

1. 一个卖家被无数买家包围。

2. Pi 由供大于求转变成供不应求。

The world's first Virtual Currency Exchange（VCE） is one of the above achievements. Pi's biggest advantage is to develop customers first. It has developed 30 million customers, but all the customers are Pi's sellers. It is difficult for 10 sellers in the market to find one buyer, which may lead to imbalance in sales and lower prices.

This kind of Virtual Currency Exchange will would completely change this situation. As a result,

1. One seller be surrounded by countless buyers.

2. Change Pi from supply exceeds demand to demand exceeds supply.

这里的买家不是消费者而是投机者和投资者。投资和投机行为是资本市场最大的上涨动力。

虚拟货币交易所影响对象是矿工周围的投资者。他们得知Pi可以随时进出，认定持有风险可控的时候就愿意参与尝试。此后的赚钱效应的示范急速扩展演变成一场全球大炒作。

The buyers here are not consumers but speculators or investors. Speculation or investment is the biggest upward driving force in the capital market.

The VCE affects the investor around the miners. They know that Pi can buy or sell at any time and participate in the attempt when they believe that the holding risk is controllable. Since then, the demonstration of profit-making effect has expanded rapidly and evolved into a global speculating.

投资者的参与使得Pi的玩家增加数十倍。因为他们不挖矿，所以不增加Pi的供给。换句话说，这是一种不增加Pi供给扩大玩家的办法。这种财富模式也会让半数矿工转变成投资者。结果使Pi的价格增长数百倍。

The participation of investors wouild increase the number of Pi players dozens of times. Because they do not mine, it is no need to increase the supply of Pi. In other words, this is a way to expand participants without increasing the number of Pi. This wealth model would also turn half of the miners into investors. As a result, the price of Pi would increase hundreds of times.

如果VCE实现，90%的2年矿工会变成投资者，因为Pi已经成为他们的生活和信仰。如果没有看到这一点，就会造成数万亿美元的损失。

Pi的初期开发客户代价十分昂贵。此期间不但提供200亿个Pi，还搭上3年时间。然而，虚拟交易所发展投资客户只需要上述时间的10%。它的成本为零，只依靠市场的赚钱效应便可自发地形成庞大的群体。

The cost of initial development of Pi is very expensive. This period not only provides 20 billion Pi, but also takes 3 years. However, the VCE only needs 10% of the time and zero cost to develop investors, relying only on the profit-making effect of the market can spontaneously form a large group.

如果将Pi看作是一场大戏，它的上半场的主角Pi的卖家，下半场的主角是Pi的买家。

If Pi is regarded as a big play, its protagonist in the first half is Pi's seller and the protagonist in the second half is Pi's buyer.

3000万个矿工周围至少6000万个投资者，现在的重点任务是如何吸引他们出场表演。

There are at least 60 million investors near the 30 million miners. Now it is the key task that how to attract them to go up to the stage and perform.

当充足的买家和充足的卖家同时存在的情况下，才是成熟的市场。

Only when sufficient buyers and sufficient sellers exist at the same time, it is a mature market.

如果你赞成此观点，请点赞，转发。如果你想和团队近距离接触，请把yymm8899填在Pi推荐人栏目。

If you agree with this view, please like and forward it. If you want to get close to the team, please fill yymm8899 in your Pi invite column.

中文版原文

Pi的第二白皮书 ——未来和发展

HRSCNP 研究团队

Pi Username: yymm8899 Twitter: Pi_VCE

（本文版权属于作者，可以转发，不得删改。本文有中英两个版本，以中文版本为准。）

摘要: 作为加密货币新星，Pi的特点是开放和创新。这个特点使得Pi能够获得最好的策略取得最大的成功。在Pi上市之前，本文再加一把火，使得创新再上一层楼。其策略一是设立遍布全球，无处不在的虚拟货币交易所，解决加密货币和数百只各国法币交易这个最大难题，实现最有意义的跨越。二是设置长期自动调节的储蓄利率系统，让Pi成为最具竞争力的世界储备货币。三是垄断美国最大的建设项目，使得Pi在短期内迅速获得数万亿美元的应用市场。确立其世界第二货币地位。肩负历史使命，做出巨大贡献。作者欢迎全世界投资者和软件天才一起设计这个虚拟交易所软件模块，欢迎美国伟大的政治家参与借助于Pi启动美国最大建设项目的各种活动，欢迎普通民众将作者网名yymm8899加在Pi推荐人栏目共同探讨。

第一章引言

问题:

怎样才能使Pi发挥最大的能量？

解决方案:

1.1. 遍布世界的虚拟货币交易所。

1.2. 长期的自动调节利率的系统。

1.3. 垄断一个巨大的建设项目。

如果Pi能够和世界上几百种法币便捷的交易，它就为广泛应用打下基础；如果它能够保持价格坚挺，它就成为事实上的储备货币；如果它能找到一个庞大的应用市场，它将变成不可撼动的庞然大物。这三个问题中，首先要解决的是Pi和法币的交易。

第二章现有加密货币交易所的缺点

目前，世界上只有为数不多加密货币交易所，如火币网，币安网。虽然很多Pi用户热切盼望Pi尽快进入这些交易所，但事实上，这并不是最好的选择。原因如下：

2.1. 币种少，速度慢，费用高。

这些交易所能够兑换的法币只有美元，欧元等少数币种。兑换的货币不能实时到账。对于世界各地200多种法币使用者，他们在交易所换得美元后还要再次兑换成为本地法币才能使用，不仅费用高，耗费时间长，而且极为不便。特别是对于那些通货膨胀严重的国家如委内瑞拉，津巴布韦等，为了保值他们急切地要把法币换成美元，为了支付又需要尽快换成法币。交易频率非常高。上述交易所不能满足这种需求。

2.2. 风险大。

加密货币可能失窃，交易所可能倒闭。

一个更大的问题是，上述交易所是采用托管制度。客户的加密货币和法币都存放在交易所。这实际上是一个巨大的风险。过去发生了多起加密货币失窃案件，甚至使得交易所倒闭，客户资金丢失。现在，无论交易所做出何等保证，都不能排除被盗和倒闭的风险。

试问，当Pi的价值总量比一个中等国家的货币总量还要多时候，哪个交易所能够保证这些资金的安全？

2.3. 无法保护隐私。

加密货币的最大优点是保护隐私。但是，上述交易所交易的资金流向和客户信息是公开的。交易所无法保证这些隐私不会泄露。

2.4. 昂贵的入门费和年费。

此外，交易所对于每个申请上市的加密货币，还要收取高昂的入门费和每年的年费。这对于没有向公众要一分钱的Pi，这太不公平。

2.5 无法承受巨量Pi的冲击

Pi的总量很快达到中等国家货币总量，这比所有其它加密货币总量还要多。现有的交易所没有能力承接如此规模的新成员。

第三章 Pi需要何种交易所

那么，有没有一种交易所，具有下列优点：

3.1.全天候，多币种，实时到账。

能够和世界上200个国家的货币任意兑换。

3.2.客户资金安全。

不需要开户，客户资金和加密货币不需要存放在交易所，客户资金和加密货币永远不会在交易所被盗。交易所不会倒闭。

3.3.客户隐私不会泄露。

3.4.交易网点多。

遍及世界各地，特种服务可以定制，交易佣金非常低廉，各种语言的协助应有尽有，交易网点比全世界的银行网点总和还要多。

3.5.免去Pi进入交易所的入门费和年费。

3.6.交易所具有隐身功能。

这对于身处危险环境的交易所非常重要。

有这种交易所吗？答案是肯定的。为此，本文作者以几十年的经验，致力于将Pi推向历史的新顶峰。

第四章设立Pi虚拟货币交易所

虚拟货币交易所可以方便快捷地解决这个难题。这种方式摆脱了对火币网，币安网等交易平台的依赖，使Pi进入自由世界。如同一条内陆的大河忽然与大海相连。

虚拟货币交易所是嵌入钱包的一个模块。规则如下：

4.1. 众创众用。

每个Pi矿工都可以申请建立虚拟货币交易所，VCE以矿工的网名作为命名。

4.2. 设立门槛。

开设虚拟交易所的门槛是，持有2000Pi以上，挖矿时间2年以上。对于特殊语言或者危险地区，门槛适度降低。

4.3. 标准合约。

交易所设置Pi与全球各个法币交易的标准合同。设置延迟支付的功能。

4.4. 双向选择。

买卖双方根据交易所的信用选择交易所。交易所可以同意或者拒绝。

4.5. 交易程序灵活简单。

交易过程受到交易所监管。先由Pi的卖家发送Pi到交易所暂存。暂存时间最长7天。当Pi的买家支付款项并得到卖方确认后，交易所将Pi转移到买家。买家不能付款的，交易所将Pi退回卖家。正常情况下，交易双方的交易在相互制约和相互监督下自动进行，即时到账，无需交易所干预。如果发生纠纷，由交易所调查交易截图，视频和电子账单等证据，并在7日内做出裁决。

4.6. 使用本地通讯工具.

嵌入或者借用各种本地通信工具如电话，手机，聊天工具作为辅助工具。

4.7. 提供特色服务。

任何地区的用户均可找到最为适合自己条件特点的交易所。根据客户需求，交易所可以提供各种语言的人工辅助服务。

4.8. 交易所账户和收取佣金的账户分开设立。

交易所的Pi只有两种处理方式：支付给收款方，或者退回付款方。它不能被转移到第三方账户。

4.9. 交易所佣金三年内免收.

由系统在新发行的Pi中予以支付。

4.10. 争议与仲裁。

对交易所发生异议，提交Pi核心团队仲裁。

4.11. 信用管理。

交易所的信用由买卖双方评价，这些评价将增加或者减少信用积分。核心团队有权对于违规的交易所进行暂停，罚款，甚至取消资格。

4.12. 开放式发展。

逐步开发辅助模块，帮助交易所实现快速，高效，安全，便捷的交易。

在上述交易模式下，将来VCE网点遍及世界各地。无论多么大的交易量均可得到满足。人类可以做到：Pi在手，天下走。

第五章利率长期自动调节系统

先看比特币，价格始终处于暴涨暴跌之中，这种特点使它永远不可能大规模应用于主流市场。Pi必须克服这个缺点。

5.1.三个发展阶段的三种利率调控

Pi初期阶段的锁定+奖励制度，这种方式保障了初期市场稳定。这不仅是非常必要的，也是非常有效的。然而，因为成本太高，只能短期实施。

3年以后，稳定市场仍有必要，所以Pi应该有一个利率工具。考虑到一旦主网，无法干预。这个3年后的问题必须现在解决。

为准确设置这个利率，这里把Pi的成长分为三个阶段：

第一阶段是发行期，时间大约3年，其主要任务是防止大规模的卖盘。

第二阶段是过渡期，时间大约10年。衍生业务开始萌芽和发展。

第三阶段是稳定期，大约是10年后。它是利率制订的长期指标。

第一阶段货币发行初期，系统已经做出应对措施。

在第二阶段的过渡期，暴涨暴跌时常发生。为了保护市场稳定，需要较高的利率和有力的调节。基本利率应该比商业银行高出2-5%左右。例如，设置一年期6%为基本利率；一组基本利率如：超过15天的2%，超过一个月的3%，超过6个月的4%，超过1年的6%，超过3年的8%，超过5年的10%。超过20年的12%。

在发生暴涨暴跌时候，系统启动调节机制。

虽然是加密货币去中心化的，不可能人为地干预系统，但系统可以通过算法判断市场涨跌。

第三阶段是13年后，Pi进入稳定期。这个时候基本利率应该参照欧洲央行和美联储。利率过高不利于商业银行，过低则使Pi降低竞争力。所以，利率应比央行利率高1-2个百分点。

此时，系统自动调节机制继续发挥作用。

5.2.需要预置的Pi区块功能

客户自行锁定作为储蓄的Pi给予利息。它和初期的锁定不一样，其特点一是没有数量限制；二是利息和挖矿无关。此外还有以下特点：

5.2.1.储蓄利息的来源是新发行的Pi。

5.2.2用户通过钱包可以进行储蓄。

钱包发出指令锁定指定的Pi，这些Pi在锁定期内向系统索取利息并发送利息到钱包。

5.2.3.具备这种自动调节的储蓄功能后，钱包就变成银行。

5.2.4.区块预置功能。

要实现上述功能，在主网前应该在区块上预置这些功能：1）接受锁定指令；2）索取规定利息；3）发送规定利息到钱包；4）系统预置基本利率和自动利率调节程序。

5.2.5.其它设置。

除此之外，如果Pi试图成为商业银行的经营货币，Pi的区块还需要设置抵押和质押功能。

5.3. VCE将带来许多投资者

5.3.1. 在矿工周围吸引潜在投资者。

Pi商业模式的最大优势是提前开发用户群：矿工。目前，已经开发了3000万用户，支付了200亿Pi。然而，这些客户都是Pi卖家，没有买家。当VCE出现时，这些矿工自然会传播消息。便利的交易和降低风险使矿工周围的潜在投资者成为真正的投资者。它的数量可能达到矿工总数的几倍，估计至少有6000万人。

5.3.2. 把矿工变成投资者。

半数矿工具有一定的投资经验。当VCE出现时，风险降低和利润效应将使他们从卖方变成买方。这将是1500万。

5.3.3. 买方市场变成卖方市场。

当VCE出现时，市场将变成：1500万卖家<7500万买家。

5.3.4. 市场开发时间将大大缩短。

开发一个巨大的市场通常需要3年以上的时间。然而，这里的大量投资者将把这一期限缩短到3个月。

5.4. 储蓄+交易所=天文数字资金。

较高的储蓄收益加上便捷的交易方式，使得Pi成为良好的储备货币，各国的储户争先恐后地将法币兑换成Pi进行储蓄。这为Pi带来的巨大资金。

Pi是一个开放的生态。本文作者欢迎全世界软件精英和天使投资者和作者共同开发这个模块并建设这个具有数千网点，覆盖全球的金融交易所。助力Pi迅速成长，使得它迅速达到一个中等国家的货币总量。

未来十几年，是Pi迅猛发展的时期，Pi带来资金的供给会大幅度超过资金需求。这看起来是好事，实际则不然。金融市场的严重供需失衡可能导致不可预测、难以处理的重大灾难。

那么，怎么才能找到如此巨大的应用市场需求？这是一个重大战略。

第六章垄断一个巨型建设项目，为Pi找到一个巨大的应用市场

众所周知，美国被称为浮在汽车轮子上的国家。它在100年前它意味着先进，但是现在它意味着落后。因为人类已经进入高速铁路时代。大众交通的速度落后其它国家5倍，速度严重地约了美国经济的发展。

美国如果有这样的高速铁路，就可以以每年平均5%增长率发展，30年就可以增加3个美国。如果没有，只能原地徘徊，还要出现2-3次经济大危机。可以说，美国高速铁路的有无决定了美国未来命运。

2016年，特朗普总统竞选获胜，他誓言启动美国基础设施建设。与此同时，作者立即给他设计了一整套方案，这就是

美国高速铁路+超级城市网计划High-speed Railways add Super Cities Network Plan (or HRSCNP)。要点是：

发达国家的经济处于饱和状态，只能低速发展。要想提高发展速度必须打破这个饱和状态，方式就是政策创新。政府采用政策创新可以使经济获得前所未有的高速度。

花费8年时间，总统亲自推动，以政策创新为主导，以引进先进管理技术为核心。建设成本降低大约20倍，把原本亏损的高速铁路项目变成盈利项目。以此获得数万亿美元私人投资。

联邦政府仅仅花费数千亿美元资金，驱动10万亿美元私人投资，在8年时间内建成美国2万公里高速铁路干线网和沿线8个现代化超级城市，带动高速铁路支线和其它基础设施建设，推动美国进入一个伟大的基础设施建设时代。为未来30年美国经济以5-7%高速增长创造决定性的条件，未来30年再造3个美国。

它将创造1000多万个就业机会，创造数万亿美元的税收，使社会财富和经济增长翻一番，并使美国首次进入大幅减少债务的时期，也将进入以时间、速度和效率为标志的交通革命的新时代。

特朗普总统收到这个建议书后，热情洋溢地亲自复信，给予作者高度赞扬。如图1。

图1.特朗普总统于2017年8月8日亲自回复作者。

此后作者超过100封信进一步分析这个方案。

2017年末，特朗普总统任期的第一个圣诞节。此时特朗普完成了一系列竞选承诺如减税，边境墙等等，开始兑现难度最大承诺：基础设施。此时白宫作出一个议案投资1.8万亿，后来几经修改为1.5万亿。这个提案要求80%州政府出资，20%联邦政府出资。此时，作者的第二篇论文也在这个最关键的时刻完成。联邦政府出资2.5千亿美元，建成美国高速铁路网。这就是上述的HRSCNP[3]。以此作为2018年的新年礼物送给特朗普总统。如图2.

图2.送给美国和特朗普总统的新年礼物。

2018年1月21日，团队的第二篇论文《Conception of American Infrastructure Construction Eight-Year Plan》在国际教育和管理科学学术会议上发表。如图3.

图3.研究团队在第三届教育与管理科学国际学术会议（ICEMS 2018）发表论文

2018年2月，特朗普总统召集各州州长就白宫基础设施法案征求意见，但结果并不乐观。

2018年3月日美国时间9点，作者再次致信特朗普，针对这个大项目的资金问题，作者表示可以亲自操作解决资金问题，实现论文中的设想。此信通过电邮发给特朗普总统。出乎意外的是，这一次，特朗普总统居然在几分钟内迅速复信作者。这使作者感到莫大的光荣。

事后，通过公开的新闻知道。此时此刻，特朗普总统正在处理一件国际大事。当时韩国外交部副部长正在白宫，她心思重重，她很犹豫是否告诉特朗普一件事情。于是，她就自己小声地自言自语说，朝鲜最高领导人希望与特朗普总统见面。特朗普无意中隐约听到这句话，立即大声回答：同意会见！这就是特朗普，反应迅速，决策果断。

此后，发生的事情大家都知道，美国总统和朝鲜最高领导人会面。这是一件世界大事。

四年过去了，又逢圣诞节。现在作者又有一份新年礼物，但是，这个礼物送给谁呢？

2018年9月5日，美国几十家著名媒体报道了这个成果。如图3，图4.

图4. 新闻报道1

图5. 新闻报道 2

在特朗普离任前，作者特地为特朗普做出启动高速铁路项目的前期准备工作计划，建议特朗普在离任后亲自实施。一来积累竞选资本，二来继续推进这个项目。主要内容是：

6.1. 建立美国基础设施建设管理大学.

大学分为两个校区，一个位于美国，一个位于中国，获得世界最先进工程管理技术人才。

6.2. 开展学术研究，线路规划，投资融资，巡回演讲；

6.3. 建立各个先导性产业；

6.4. 未来联邦政府政策创新机构的模拟和预演。

这个模拟并不是虚构。它创造的一系列政策构想可能在2024胜选总统的批准下变成事实。

6.5. 准备时间4年。

4年内，发动1亿投资者，初期每人入股100美元，后期每人可以追加投资1万美元。初期资金100亿美元，后期1万亿美元。这些资本将优先控制这个行业最优秀的产业。

虽然这个计划遇到困难，但是，故事没有结束。社会条件依旧。

国会两院，美国两党，美国人民对于基础设施建设达成空前的共识。民心所向众望所归，干柴烈火一点就燃。

冥冥之中或许是上帝的安排，让Pi及时地出现在美国。Pi带来的巨额资金正需要一个巨大的应用市场，而这个项目正需要巨额资金。

美国没有理由拒绝这么大的利益，而Pi也没有理由拒绝这么大的市场。

这是机遇，也是巧合。这个项目为美国带来希望，而Pi使这个梦想成真。

第七章为什么只能选择高速铁路项目

Pi的合作对象只选择高速铁路而不是整个基础设施，原因如下：

1.集中资源于一个领域，便于管理和控制。

2.高速铁路是美国未来经济的关键性条件。

3.美国基础设施建设顺序必须是先高速铁路后其它基础设施。顺序不对必然导致战略性失败。

4.高速铁路含有最优秀的先导产业。

第八章美国政策创新的思路和背景

2016年特朗普赢得总统竞选同时，美国高速铁路干线和超级城市网规划的建议开始动笔。事实上，这不是一个新研究课题。早在2009年，作者就专门为美国经济危机专门做出很多对策，基础设施只是其中之一，还有一个内容是专门针对底特律老工业区的一个大策略。至今作者仍然感到大策略非常有效。当时，作者通过多种途径把建议书送给奥巴马总统，第一是直接邮寄官方地址，第二是委托来北京旅游的奥巴马身边的民主党国会议员带回去。第三是委托来北京参展的美国房地产企业带回去。

奥巴马总统没有回复。作者非常痛心。根据此前几十年的工作经历，作者认为奥巴马没有理由拒绝。作者痛心的原因不是被奥巴马轻视，而是美国失去了一个非常重要的将这个老工业区变成新工业区的一个示范机会，对美国制造业回流造成不可挽回的损失。这迫使后任总统特朗普不得不强力推动制造业回流，为此付出了极大代价。

上述给特朗普总统的建议书中，有一个频率最高的单词是政策创新，总统推行一系列新的政策，而不是增加国债方式，在联邦政府很少投资条件下完成这个巨大工程。

那么，这些政策创新的内容是什么？遗憾的是，现在不能回答，因为它现在还是需要保密。它是美国未来的财富。

可以透露的是，作者的思维方式和Pi核心团队有很多相似，所以，作者对Pi非常热衷。

第九章谁是第二个富兰克林

200年前，美国伟大的开国元勋为美国的建立做出了巨大贡献。今天，在复杂的世界经济形势下，美国已经明显地徘徊不前并走向没落。当然，这种局势不可能继续下去，因为美国必将出现一位或者几位伟大的国父进行第二次创业。人们或许能够猜到一位能够领导美国再次走向强大的总统的名字，未必能够猜出那些做出重大贡献却没有总统职务的贡献者。他相当于本杰明富兰克林第二。

如果Pi能够和美国的高速铁路干线网项目完美的结合，那么第二个本杰明富兰克林就来自于Pi的核心团队。

第十章展望

虽然我们无法预测2024年美国总统竞选结果，但是可以肯定的是，胜选者一定会致力开启美国基础设施建设伟大时代，我们要做的工作是为这个总统提供强大的资金支持和必要的前期准备，让他有信心，有能力领导这个项目，使得美国走向一个伟大的建设时代。

坚信未来的总统一定会支持这个计划，因为他是代表美国利益的总统。坚信美国国会两院，美国两党和美国人民一致支持这个计划，因为这是最好的选择。

Pi将成为垄断美国这个最大建设项目中的产业投资，涉及科研教育，商业贸易，生活服务，安全保障的投资，贸易和服务的加密货币。

这个项目的大量的资金需求恰恰和大量的资金供给相匹配，形成完美的合作。

它的成果不仅仅是赢利，更重要的是对于美国历史功绩。这意味着把Pi的未来和美国利益绑定在一起。它是双赢甚至多赢。

此时，世界出现一个壮观景象，Pi变成抽水机，它从世界上200个国家吸取资金，把它输送到美国这个巨大工程上。

三年后的2024年，当Pi完成美国高速铁路干线网的前期准备的时候，来自Pi的投资者可能超过1亿人。为了自己的利益和梦想，投资者可能会积极支持一个热心于基础设施建设的总统候选人。美国高速铁路计划或将在新总统的大力支持下顺利进入实施。

在Pi的帮助下，数亿世界人民无意中变成了美国的投资者。他们将参与一项伟大的事业，让美国重新成为世界巨人。

Pi白皮书有这样一句话：治理——众创和众用的货币。

Governance – Currency for and by the people。

也适用于这个项目，众创和众用的高速铁路：

High-speed Railway for and by the people.

这是一场大戏。Pi是它的前半场，高速铁路是它的后半场。

第十一章 历史潮流和历史机会

美国大众交通现代化是不可阻挡的历史潮流，顺之者昌逆之者亡。高速铁路干线网是美国经过一个世纪积累的最大需求和最大难题。Pi的出现为解决这个难题提供了一把钥匙。它必定是美国最大的政治利益和经济利益。

具有敏锐嗅觉的政治家，投资者和专家学者一定不会放过这个百年一遇的机会。

欢迎美国的伟大政治家，投资者和专家学者，高科技精英共同合作付诸行动，组成一个庞大的团队开展项目的前期准备。垄断这个巨大建设项目，既为Pi找到一个巨大的应用市场，又为美国做出历史性贡献。

为了这个巨大的行动，倡议社会各界组建美国高速铁路建设合作委员会。这个委员会是民间组织，是以Pi为纽带，美国的政治家，社会活动家，企业家和专家学者共同组建，集聚社会各方力量推进美国进入一个伟大建设时代的核心组织。具体细节另行讨论。

第十二章风险评估

Pi与这个项目的合作的最大风险是2024年胜选总统候选人反对这个项目。试问，如果他反对这个项目，这1亿投资者和他们的美国亲友为什么把选票给他？

第十三章关于作者

作者是原北京市计划委员会高级经济师。2001年，中国取得29届奥运会主办权后，作者提出“奥运经济活动”建议，得到中国国家领导人亲自选中，由此中国掀起了长达6年，遍及全国，震惊世界的经济活动。2016年-2020年，作者为美国时任总统特朗普专门设计的美国高速铁路+超级城市网规划，得到特朗普总统两次亲笔复信予以支持和赞扬。此项成果先后于2016年和2017年在国际学术会议发表。

30年前，自从1991年开始，经过3年持续不断努力，作者的成立北京证券交易所建议于获得北京市政府采纳。1993年8月，由作者起草，以北京市计划委员会名义申报，北京市政府批准成立北京证券交易北京证券交易中心。作者出任北京证券交易中心筹备办公室主任。该中心由作者亲自与上海证券交易所和深圳证券交易所谈判达成协议共同组建顺利开业。这是北京历史上第一个证券交易所。

几十年的研究，使得作者对于社会投资心理有很深的理解，强烈感到Pi的设计深得市场要领。于是参与到这场传奇故事中，为这个战神添上翅膀-虚拟交易所。

第十四章结论

虚拟交易所将使虚拟货币进入一个新时代。Pi参加美国高速铁路建设将建立奇功。如果你赞同这个白皮书，请原文转发。欲知更详细内容，请把网名：yymm8899加在Pi的推荐人栏目上，在这里作者和你共同讨论最新想法。

参考文献

[1]Qingao88,PiNetwork, https://blog.csdn.net/qingao88/article/details/103177622;

[2] Chen-xi Wang, Jian-qiang Wang, Jian-guo Wang, “Conception of American Infrastructure Construction Eight-Year Plan”, 3rd International Conference on Education and Management Science (ICEMS 2018), Jan. 2018, pp269-274;

[3] Chenxi Wang, Jianqiang Wang, Jianguo Wang, “Developed Countries' Economic Development Strategies-Take the United States as an Example”, International Conference on Management, Education and Social Science (ICEMSS 2017), June 2017, pp557-560;

[4] Zhong Jiwen, An Amazing Research Result on US Infrastructure, The Government only uses $250 Billion to drive $10 Trillion to Complete, The Research Team Will Give a Lecture Tour to Introduce the Result,

http://quotes.fatpitchfinancials.com/fatpitch.financials/news/read/36888138, Spt. 5,2018.

English, See the website of Economics Journal：http://www.scirea.org

Pi’s Second White Paper

—Future and Development

HRSCNP Research Team

Pi Username: yymm8899 Twitter: Pi_VCE

Abstract: As a rising star of cryptocurrency, Pi is characterized by openness and innovation. This feature enables Pi to obtain the best strategy and achieve the greatest success. Now, before Mainnet, this paper adds another fire to make it up to a next level by innovation. The first strategy is seting up virtual currency exchanges all over the world,skillfully solving the problem about exchanging between Pi and hundreds of legal currencies to achieve the most meaningful leap. The second is to set up a long-term automatic savings interest rate system to make Pi the most competitive world reserve currency. The third is to monopolize the largest construction project in America, making Pi quickly obtain trillions of dollars of application market in a short term. Establish its status as the second currency in the world. Undertake the historical mission and make great contributions. The authors welcome investors and software geniuses all over the world to design this embedded wallet virtual exchange software module, and welcomes great American politicians to participate in various activities to start the largest construction project in America with the help of Pi. Ordinary people are also welcome to add the author's username yymm8899 to the Pi invitation column to discuss.

1. Introduction

Question:

How to make Pi exert the maximum energy?

Solution:

1.1. Virtual Currency Exchanges all over the world.

1.2. Long term automatic adjustment system.

1.3. Monopolize a huge construction project.

If Pi can easily trade with hundreds of legal currencies in the world, it will lay the foundation for wide application. If it can keep prices strong, it will become a de facto reserve currency. If it can find a huge application market, it will become an unshakable behemoth. Among these three problems, the first to be solved is the transaction between Pi and many legal currencies.

2. Disadvantages of existing cryptocurrency exchanges

At present, there are only a few cryptocurrency exchanges in the world, such as HUOBI and BINANCE. Although many users are eager for Pi to enter these exchanges as soon as possible, in fact, this is not the best choice. The reasons are as follows:

2.1. Few currencies, slow speed and high cost.

Only a few currencies such as US dollar and Euro can be exchanged in these exchanges. The currency exchanged cannot arrive in real time. For more than 200 kinds of legal currency users around the world, they have to exchange dollars into local legal currency again after they get it in the exchanges. It is not only expensive, time-consuming, but also extremely inconvenient. Especially for those countries with serious inflation, such as Venezuela and Zimbabwe, sometimes they are eager to change their legal currency into US dollars in order to preserve value, sometimes they need to change it into legal currency as soon as possible in order to pay. this transaction frequency is very high. These exchanges cannot meet this demand.

2.2. High risk.

Cryptocurrency may be stolen, and the exchange may close down.

A bigger problem is that the above-mentioned exchanges adopt Trusteeship system. The customer's cryptocurrency and legal currency must be deposited in the exchanges. This is actually a huge risk. There have been many cases of cryptocurrency theft in the past, even resulting in the closure of the exchange and the loss of customers' funds. Now, no matter what guarantee the exchange makes, the risk of theft and bankruptcy cannot be ruled out.

We should like to ask when the total value of Pi is more than total currency of a midsize country, which exchange can ensure the safety of these money?

2.3. Unable to protect privacy.

The biggest advantage of cryptocurrency is to protect privacy. However, the money flowing and customer information of the above exchanges are public. It cannot guarantee that this privacy will not be disclosed.

2.4. Expensive initial fees and annual fees.

In addition, the exchanges also charge a high initial fees and annual fees for each cryptocurrency applied for listing. This is too unfair for Pi who does not ask the public for a penny.

2.5. Unable to withstand the impact of a large amount of Pi.

The total amount of Pi would soon reach the total amount of currencies of a medium-sized country, which was more than the total amount of all other cryptocurrencies. The existing exchanges are unable to take on a new members of this size

3. What kind of exchange does Pi need?

So, is there any exchange with the following advantages?

3.1. All weather, multi-currency, real-time arrival.

It can be freely exchanged with the currencies of 200 countries in the world.

3.2. Good of security.

The users are no need to open an account; customer funds and cryptocurrency do not need to be stored in the exchanges, and these funds and cryptocurrency will never be stolen in the exchanges. The exchanges will not close down forever.

3.3. User privacy will not be disclosed.

3.4. Many trading outlets.

Trading outlets are all over the world, special services can be customized, trading commissions are very low, and assistance in various languages is available. There are more trading outlets than the total number of bank outlets all over the world.

3.5. No initial fee and annual fee.

3.6. The exchange could make itself invisible.

This is very important in even dangerous environment.

Is there such an exchange? The answer is yes. Here, the authors of this paper use all his experience of tens of years want to push Pi to a new peak of history.

4. Establishment of Pi Virtual Currency Exchange

Pi Virtual Currency Exchange（or VCE）can solve this problem conveniently and quickly. In this way, Pi gets rid of its dependence on exchange platforms such as HUOBI and BINANCE, and makes Pi enter a free world, and like an inland river being suddenly connected with sea.

VCE is a module embedded in wallet. The rules are as follows:

4.1. For and by the people.

All Pi miner can apply to establish a VCE, and his VCE is named as the user’s name.

4.2 Set threshold.

The threshold for opening VCE is to hold more than 2000Pi and mining for more than 2 years. For special language or dialect areas, the threshold is moderately reduced.

4.3. Standard contract.

Set up standard transaction contracts between Pi and various global legal currencies. Set the function of delayed payment.

4.4. Two-way selection.

The Buyer and the Seller select VCE according to its credit record, and VCE also can select them.

4.5. The procedure is flexible and simple.

The exchanging process shall be supervised by VCE. Firstly, the seller of Pi sends his Pi to the VCE for temporary storage, the maximum temporary storage time is 7 days. After the buyer pays legal currency and the seller confirms it, the VCE transfers the Pi to the buyer soon. If the buyer does not pay, the VCE will return the Pi to the seller. Under normal circumstances, the transactions between the trading parties are carried out automatically and real time arrival under mutual restriction and mutual supervision without the intervention by the VCE. In case of any dispute, the VCE must investigate the evidence such as transaction screenshots, videos and electronic bills, and make a ruling within 7 days.

4.6. Use local communication tools.

Embed or borrow various local communication tools such as telephone, mobile phone and chat tools as auxiliary tools.

4.7. Provide special services.

Users in any region can find the most suitable VCE familiar with the local environment. According to the needs of users, the VCE can provide manual auxiliary services in various languages.

4.8. VCE account and the commission account must be established separately.

There are only two processing methods for Pi in the VCE: paying to the payee or returning to the payer. It cannot be transferred to the third account.

4.9. The commission of the VCE shall be exempted for 3 years.

It shall be paid to VCE by the system from newly issued Pi.

4.10. Disputes and arbitration.

In case of any objection to the exchange, it shall be submitted to Pi core team for arbitration.

4.11. Credit management.

The credit of the VCE shall be evaluated by the buyer and the seller, which will increase or decrease the credit points. The core team has the right to disqualify the VCE with serious violations.

4.12. Open development.

Develop auxiliary modules to help VCE realize fast, efficient, safe and convenient trading.

Under the above transaction mode, in the future, VCE outlets will spread all over the world，and human beings can do it: Pi in hand, go everywhere.

5. Long term automatic interest rate adjustment system

Look at Bitcoin first. Its price is always soaring and plummeting. This feature makes it impossibly being applied in mainstream market on a large scale. Pi must overcome this shortcoming.

5.1. Three kinds of interest rate regulation in three development stages.

The locking + reward system in the initial stage of Pi ensures the stability of the initial market. This is not only necessary, but also effective. However, because the cost is too high, it can only be implemented in the short term.

Three years later, it is still necessary to stabilize the market, so Pi should have an interest rate tool. Considering that it cannot intervene after Mainnet, this problem must be solved now.

In order to accurately set this interest rate, the growth of Pi is divided into three stages:

The first stage is the issuance period, which is about 3 years. Its main task is to prevent large-scale selling.

The second stage is the transition period, which lasts about 10 years. Derivative business began to sprout and develop.

The third stage is the stabilization period, about 10 years later. It is a long-term indicator of interest rate.

In the first stage of currency issuance, the system had taken appropriate countermeasures.

In the transition period of the second stage, sharp ups and downs often occur. In order to protect market stability, higher interest rates and strong adjusting are needed. The basic interest rate should be about 2-5% higher than that of commercial banks. For example, set a one-year period of 6% as the base interest rate; A group of basic interest rates, such as 2% for more than 15 days, 3% for more than one month, 4% for more than six months, 6% for more than one year, 8% for more than three years and 10% for more than five years. 12% over 20 years.

In case of sharp rise and fall, the system starts the adjusting mechanism.

Although cryptocurrency is decentralized, and it is impossible to intervene the system artificially, the system can judge the rise and fall of the market through the algorithm.

In the third stage, after 13 years, Pi entered a stable period. At this time, the basic interest rate should reference the European Central Bank and Federal Reserve. Too high interest rate is not conducive to commercial banks, and too low will reduce the competitiveness of Pi. Therefore, the interest rate should be 1-2 % higher than the central bank's interest rate.

At that time, this adjustment mechanism will continue to play a role.

5.2. The Pi block needs to preset some functions.

The user locks in Pi as savings to get interest, which is different from the initial locking. One of its characteristics is that there is no quantitative limit; the other is interest income has nothing to do with mining. It also has the following features:

5.2.1. The source of savings interest is the newly issued Pi.

5.2.2. Users can handle savings through wallet.

The wallet sends an instruction to lock the Pi. These Pi ask for interest during the locking period and send the interest to the wallet.

5.2.3. With this automatic savings function, the wallet becomes a bank.

5.2.4. Preset function on the block.

To realize the above functions, these functions should be preset on the block before Mainnet: 1) accept the locking command; 2) Ask for specified interest; 3) Send the interest to the wallet; 4) The system presets basic interest rate and automatic interest rate adjustment procedures.

5.2.5. Other settings.

In addition, if Pi tries to become the operating currency of commercial banks, the block of Pi also needs to set up mortgage and pledge functions.

5.3. VCE would bring about a number of investors

5.3.1. Bring about potential investors around the miners.

The biggest advantage of Pi's business model is to develop the user group in advance: miners. At present, 30 million users have developed and 20 billion Pi have paid. However, these customers are all Pi sellers, no buyers. When VCE come on, these miners naturally spread the news. Convenient trading and risk reduction make these potential investors around the miners become real investors. Its number may reach several times than the total number of miners, estimated at least about 60 million.

5.3.2. Turning miners into investors.

Half of the miners are with some investment experience. When VCE come on, the risk reduction and profit effect would turn them from seller into buyers. This would be 15 million.

5.3.3. The buyer's market becomes the seller's market.

When VCE come on, the market would become: 15 million sellers < 75 million buyers.

5.3.4. The development time of the market would be greatly shortened.

It usually takes more than 3 years to develop a huge market. However, the large number of investors here would shorten this period to 3 months.

5.4. Savings + VCE = Huge Funds.

Higher savings income and convenient trading methods make Pi a good reserve currency. Depositors in various countries scramble to convert legal currency into Pi for savings. This brings huge funds to Pi.

Pi is an open platform. The authors of this paper welcomes software elites and angel investors all over the world to jointly develop this module and build this financial exchange with thousands of outlets all over the world. Help Pi grow rapidly and make it quickly reach the total currency of a medium-sized country.

The next ten years will be a period of rapid development of Pi. The supply of funds brought by Pi will greatly exceed the demand. This seems like a good thing, but indeed it is not. The serious imbalance between supply and demand in financial markets may lead to an unpredictable major disaster that difficult to deal with.

So, how can find such a huge demand? This is a major strategy.

6. Monopolize a huge construction project and win a huge application market

As all known, America is called a country floating on the wheels of cars. It means advanced 100 years ago, but means backward now. Because mankind has entered the era of high-speed railway. The speed of mass transportation lags behind other countries by five times, which seriously limits the economic development of America.

If America has such a high-speed railway, it can develop at an average annual growth rate of 5%, and three more United States can be added in 30 years. If not, it can only linger in place, and there would be 2-3 major economic crises. It can be said that the existence of the high-speed railway determines the future destiny of America.

In 2016, Trump became America president and vowed to start American infrastructure construction. At the same time, the authors designed a complete set of schemes for him, which is

The High-speed Railways add Super Cities Network Plan (or HRSCNP). The key point is:

The economy of developed countries is saturated, so it can only develop at a low speed. If want to improve the development speed, it must break this saturation state by the way of policy innovation. The government's adoption of policy innovation can enable the economy to achieve an unprecedented high speed.

It needs the president personally promote to change the high-speed railway into a profitable project by means of policy innovation and introduction of advanced management technology. Reduce the construction cost by about 20 times and turn the loss-making project into a profit-making project, to get trillions of dollars in private investment.

The federal government spent only hundreds of billions of dollars to drive $10 trillion private investment to build a 20000 km high-speed railway trunk network and eight modern super cities along the line in eight years, drive the construction of high-speed railway branches and other infrastructure, and promote America into a great era of infrastructure construction. Create decisive conditions for the American economy to grow at a high speed of 5-7% in the next 30 years, and create three more United States in the next 30 years.

It would deliver more than 10 million jobs, create several trillion dollars of tax, double the social wealth and economic growth, and make America enter a period of drastically reducing debt for the first time and also enter a new era of the traffic revolution marked by time, speed and efficiency.

After receiving this proposal, President Trump enthusiastically personally replied and highly praised to the authors. As shown in Figure 1.

Figure 1 President Trump replied

to the authors on August 8, 2017

Since then, the authors have sent more than 100 letters to further analyze the plan.

At the end of 2017, the first Christmas of Trump's presidency. At this time, Trump fulfilled a series of campaign promises, such as tax cuts and border walls, and began to fulfill the most difficult promise: infrastructure. At this time, the White House made a bill to invest 1.8 trillion, which was later revised to 1.5 trillion. The bill requires 80% state funding and 20% federal funding. At this time, the authors' second paper is also completed at this most critical moment, which only needed the federal government invested $250 billion to build the American high-speed railway network.

This HRSCNP [3] above motioned was as a new year gift for president Trump in 2018.

Figure 2 A new year gift to America and President Trump

On January 21, 2018, the second paper of the HRSCNP research team, Concept of American Infrastructure Construction Eight-year Plan, was published at the Third International Conference on Education and Management Science (ICEMS 2018). As shown in Figure 3.

Figure 3. HRSCNPresearch team presented papers

In February 2018, President Trump convened state governors to solicit opinions on the White House infrastructure bill, but the result was not optimistic.

At 9:00 US time on March, 2018, the authors wrote to Trump again. In view of the fund problem of this large project, the authors expressed that he can personally solve the fund problem and realize the conception. This letter was sent to President Trump by email. After a few minutes, President Trump replied to the authors soon. This makes the authors feel great glory.

Afterwards, through the public news. At this moment, President Trump was dealing with an international event. At that time, the Deputy Foreign Minister of South Korea was in the White House. She hesitated to tell Trump something. So, she muttering to herself that the supreme leader of the North Korea wanted to meet President Trump. Trump overheard this remark and immediately replied loudly: Agree to meet! This is Trump, who responds quickly and makes decisive decisions.

As all know, the America president met with the supreme leader of North Korea. This was a world event.

Four years passed, it's Christmas again. Now the authors have another new year gift, but who should be this gift for?

On September 5, 2018, dozens of famous media in America reported these research results. Figure 3， Figure 4.

Figure 4 News report 1

Figure 5 News report 2

Before Trump left office, the author specially made a preliminary preparation plan for Trump to start the high-speed railway project, and suggested him to implement it personally after leaving office:

6.1. Establish the American University of Infrastructure Construction Management.

Which is divided into two campuses, one in America and the other in China, to obtain the world's most advanced engineering management and technical talents.

6.2. Carry out scientific research, high-speed railway trunk network planning, investment and financing, and lecture tour.

6.3. Establish various leading industries.

Raised investment funds for the leading industries.

6.4. Simulation and rehearsal of future federal government policy innovation.

This simulation is not fiction. A series of policy ideas created by it may become a reality with the approval of the winning president in 2024.

6.5. The preparation time is 4 years.

Within four years, 100 million investors will be mobilized, and each person can invest $100 in the initial stage and $10000 in the later stage. The initial capital is $10 billion and the latter is $1 trillion. This capital will give priority to controlling the best industries of this project.

Although the plan encountered difficulties, the story did not end yet. Social conditions remain unchanged.

The two houses of Congress, the two Parties and the American people have reached an unprecedented consensus on infrastructure construction.

Maybe God arranged, Pi appear in America in time. The huge funds brought by Pi needs a huge application market, and this project also needs huge funds.

America has no reason to reject such a large interest, and Pi has no reason to reject such a large market.

This is an opportunity and a coincidence. This project brings hope to America, and Pi makes this dream come true.

7. Why only choose high-speed railway?

Pi's partners only choose this project rather than the whole infrastructure, the reasons are:

1. Concentrate resources in one area to facilitate management and control.

2. High speed railway is the key condition for the future economy.

3. The order of infrastructure construction in America must be high-speed railway first. The wrong order will inevitably lead to strategic failure.

4. High speed railway contains the best leading industry.

8. The idea and background of American policy innovation

At the same time that Trump won the presidential election in 2016, proposals for the planning of the high-speed railway trunk network began to be written by the authors. In fact, this is not a new research topic. As early as 2009, the authors specially made many countermeasures for the economic crisis, infrastructure is only one of them, and another content is a big strategy for the old industrial area of Detroit. So far, the authors still feels that the big strategy is very effective. At that time, the authors sent the proposal to President Obama through various ways, the first was to mail it directly to his official address, and the second to ask a congressmanthe of Democratic Party during Beijing Tourism to carry it back to Obama. The third to ask American real estate enterprises coming to Beijing exhibition to carry it back to Obama.

President Obama did not reply. The authors are very sad. Based on his work experience in previous decades, the authors believes that Obama had no reason to refuse. The reason why the authors is sad is not that he was despised by Obama, but that America lost a very important demonstration opportunity to turn this old industrial zone into a new industrial zone, causing irreparable losses to the return of manufacturing industry. This forced the later president Trump to vigorously promote the return of manufacturing industry, which paid a great price.

One of the most frequent words in the above proposal to President Trump is policy innovation. The president implements a series of new policies instead of increasing national debt, and completes this huge project with little investment by the federal government.

So, what are the contents of these policy innovations? Unfortunately, I can't answer now because it still needs to be kept confidential. It is America's future wealth.

It can be disclosed that the authors' way of thinking is very similar to the Pi core team, so the authors is very keen on Pi.

9. Who is the second Franklin?

200 years ago, the great founding fathers of America made great contributions to the establishment of America. Today, under the complex world economic situation, America has obviously hovered and declined. Of course, this situation cannot continue, because one or several other great founding fathers will start a second business in America now and future. People may be able to guess the name of a president who can lead America to more powerful, but they may not be able to guess the contributors who have made great contributions but do not have the presidency, which would be the second Benjamin Franklin.

If Pi can be perfectly combined with the high-speed railway trunk network project, the second Benjamin Franklin would come from Pi's core team.

10. Prospect

Although we cannot predict the results of the US presidential election in 2024, it is certain that the winner will strive to open a great era of American infrastructure construction. What we need to do is to provide the new president with strong financial support and necessary preliminary preparations, so that he has the confidence and ability to lead the project and make America enter a great era of construction.

Firmly believe that both houses of Congress, both parties and American people support this plan, because it is the best choice indeed.

In this way, Pi will become a cryptocurrency that monopolizes all aspects of investment, trade and services in the largest project of high-speed railway construction, such as industrial investment, scientific research and education, commercial trade, life services, security etc.

The large capital demand of this project just matches the large capital supply forming perfect cooperation.

Its achievements are not only profits, but also contributions to American history. This means binding the future of Pi with the interests of America.

At this time, a spectacular scene appeared. Pi become a huge water pump. It extracts funds from 200 countries in the world and transported it to the huge project of America.

Three years later, in 2024, when Pi completes the preliminary preparation of the high-speed railway trunk network, there may be more than 100 million investors from Pi. For their own interests and dreams, investors may support a presidential candidate who is enthusiastic about infrastructure. This great plan may be smoothly implemented with the support of the new president.

With the help of Pi, hundreds of millions of people from the world inadvertently would become American investors to participate in a great project to make America to be a giant again.

Note that the Pi White Paper has such a sentence:

Governance – currency for and by the people.

This also applies to this construction project:

High-speed railway for and by the people.

This is a big play. Pi is its first half and the high-speed railway is its second half.

11. Historical trends and opportunities

The modernization of mass transportation in America is an irresistible historical trend. Those who go along with it will thrive and those who resist it will perish.

High speed railway trunk network is the biggest demand and most difficult problem accumulated in America over the past century. The emergence of Pi provides a key to solve this problem. It must be the greatest political and economic interest of America.

Politicians and investors with a keen sense of smell will not miss this once-in-a-century opportunity.

For this great action, suggest all sectors of society to form America high-speed railway construction cooperation committee. This committee is a non-governmental organization. It is a core organization linked by Pi and jointly established by American politicians, social activists, entrepreneurs, experts and scholars to gather all social forces to promote America into a great construction era. The details will be discussed separately.

12. Risk assessment

The biggest risk of Pi's cooperation with the project is that the 2024 winning president opposes the project. Just ask, if he would oppose the project, why will the 100 million investors and their American relatives and friends vote for him?

13. About the authors

The author is a senior economist of the former Beijing Planning Commission, good at forward-thinking and Sharp judgment. In 2001, after China won the right to host the 29th Olympic Games, the authors put forward the proposal of "Olympic Economic Activities", which was personally selected by the Chairman of China People's Political Consultative Conference. As a result, China set off six-year economic activities throughout the country and shocked the world. From 2016 to 2020, the authors specially designed the U.S. high-speed railway + super city network planning for then U.S. President trump, which was supported and praised by President Trump's two personal replies. The research results were published at international academic conferences in 2016 and 2017.[2],[3]

30 years ago, after three years of continuous efforts, the authors' proposal for the establishment of Beijing Stock Exchange was adopted by the Beijing government. In August 1993, it was drafted by the authors and applied in the name of Beijing Planning Commission. The Beijing Government approved the establishment of Beijing Stock Exchange Center. The authors are the director of the Preparatory Office. This Stock Exchange was established by the authors through negotiation with Shanghai Stock Exchange and Shenzhen Stock Exchange. This is the first Stock Exchange in Beijing's history.

After decades of research, the authors have a deep understanding of social investment psychology and strongly feels that Pi's design is deep in the essentials of the market. So, participated in this legend and added VCE wings to the God of War.

14. Conclusion

Virtual Currency Exchange will create a new era of cryptocurrency. Pi's participation in the construction of high-speed railway in America will be great success. If you agree with this paper, please forward it in original text. For more details, please add the username: yymm8899 to your Pi invitation column. Here the author is interested in discussing new ideas with you.

15. References