wavenovel Chapter 11: Never store important data on a USB drive.
Chapter 11: Never store important data on a USB drive.
"If that's the case, it could be quite tricky!"
Jiang Xin calmed herself down, and her mind began to work at lightning speed.
Illegal lending is a common occurrence in the banking industry, or rather, it is a problem that is difficult to eradicate.
If we're being really serious, every bank probably has this problem, so illegal lending can be seen as an unspoken rule within the industry.
From the perspective of strict laws and regulations, this phenomenon may be worth cracking down on, but from the perspective of routine operations, industry insiders have long since taken it lightly.
If every loan is undeniably compliant, how could the heads of the credit departments have the opportunity to profit from it, earning millions or tens of millions a year, frequenting high-end hotels, and buying houses and cars at the drop of a hat?
From a purely business perspective, one of the standards for measuring the competence of credit department directors is whether they can transform non-compliant applications into theoretically legal and compliant ones.
Of course, some directors have gone too far in exploring this issue, exceeding the scope of what is reasonable, legal, and compliant, which can easily bring trouble upon themselves.
Director Jiang truly hadn't expected that a high school kid, her daughter's classmate, a blond-haired guy with absolutely no connection to the banking industry, would tell her that three of his four top lieutenants were already teetering on the edge of illegality and could collapse at any moment.
The most frightening thing is that they have already been targeted by the internal audit departments of commercial banks.
This is a very serious problem.
"If Lao Shen suffers an undeserved misfortune this time and falls from his position as deputy mayor, then I am very likely to be implicated because of my subordinates' illegal lending and other illegal activities..."
"Few people will offer help in times of need, but there are far too many who will kick someone when they're down."
Recalling what her daughter had said about Shen Mingsun almost falling into a career crisis, Jiang Xin felt a lingering fear for a while. Then she began to consider how to verify the new problem Ye Kai mentioned and how to resolve this risk.
Compared to her previous life, Jiang Xin's problem, though it sounds frightening, is actually not that serious, because Shen Mingsun is not in trouble and there is even hope for further progress.
Unless they are particularly mortal enemies, it is unlikely that anyone would target Shen Mingsun or his wife at this time, as such behavior would create a deadly feud.
Moreover, one thing is certain: during an economic upswing, the negative impact of irregular lending is negligible. Credit department directors have various means to minimize the impact. From the final result alone, these loans with procedural flaws may bring huge profits to the bank.
So, although Director Jiang was somewhat anxious, she did not panic. She already had a preliminary solution in mind.
……
After leaving the Shen family, Ye Kai went directly to a nearby bank and deposited the 15,700 yuan he had borrowed from Shen Jiayi into an ATM. Then he went home and continued to buy Bitcoin.
Currently, Bitcoin is still a very niche investment project in China.
Most people don't understand what Bitcoin is, and some even think it's just a game currency that people use to scam money online. This has resulted in a limited number of sellers on Taobao, maybe only a few dozen, and the quantity they can offer is relatively limited.
After Ye Kai's sweeping acquisition spree, the price of Bitcoin on Taobao did not change much, but the number of Bitcoins below ten yuan was no longer large. At this time, Ye Kai had 4100 Bitcoins stored in his cold wallet, with an average price of about 4.2 yuan.
Buying Bitcoin is very simple; you just need to spend money. The troublesome part is changing the key and then saving it.
For ordinary people who are not professional traders, the best course of action after purchasing Bitcoin is to hold it for the long term, which should be at least ten years, to ensure maximum profit.
Computer hardware has a shelf life, and no one knows when it will suddenly break down. Storing these Bitcoins on a home computer hard drive with questionable security is obviously a very dangerous thing. Therefore, early Sunday morning, after having breakfast, Ye Kai took a bus to the electronics market, planning to buy two more portable hard drives to back up these Bitcoins.
"I'm not even 18 yet. Even if I wait another 12 years until Bitcoin breaks the $10 mark, I'll only be 30. Even if I do nothing, I can just relax completely."
"With this as a trump card, what more could you ask for?"
"Not to mention, I still have 10000 Bitcoins in my Hong Kong Island bank account for short-term investments."
Thinking about the huge returns that his biggest investment after his rebirth would bring, Ye Kai felt a surge of joy, and his whole being radiated light like a spring flower.
"A student, right?"
"Why are you here alone at the computer?"
Ye Kai randomly picked a computer store, and as soon as he entered, he was warmly greeted by the owner.
During this time of day, computer stores are usually just opening and there aren't many customers yet. The owners and employees are either repairing faulty hardware brought in by customers or browsing the internet for news, checking hardware prices, and looking for opportunities to make money.
What is the price of a mechanical portable hard drive?
Ye Kai didn't waste any more words and directly locked onto his target for this trip.
"That depends on how big of an external hard drive you need. Seagate 1TB external hard drive is 499, and Western Digital 2TB is 899. These are the two main types."
"However, I suggest that if you use it a lot, you can buy a USB flash drive. They are small and convenient, and the capacity is not small. They are enough for daily use by students, and the price is very reasonable."
The boss looked at Ye Kai and began to promote the USB flash drives he was distributing.
For him, the profit from selling USB flash drives is greater than that from selling portable hard drives, since the market for these is not very stable, there are many brands with large price differences, and there is a lot of room for maneuver.
"USB drives are out of the question, not even considering them."
Ye Kai directly rejected the boss's suggestion.
Just kidding, from a data security perspective, USB flash drives are the least reliable option.
Although there are many storage devices on the market now, such as optical discs, hard drives, and USB flash drives, the data on optical discs will generally become unreadable after 4 or 5 years. The data security of USB flash drives is even worse than that of optical discs. Theoretically, the data security of mechanical hard drives can reach more than 50 or even 60 years, but in reality, it only lasts for about 20 years.
Ye Kai doesn't want cheapness or convenience; he wants reliable data storage. He must be out of his mind to choose a USB drive.
After all, he had previously made a mistake where the data stored on his USB drive became inaccessible after six months of not using it, which was a pity considering all the massive amount of learning materials he had collected and organized over the years.
So he would tell everyone he met that important data should never be stored on a USB drive for an extended period of time.
Of course, if you're only using it for a short period, a USB flash drive is still a very convenient option. The only thing to be careful about is making frequent backups.
"Tsk."
"Which type of portable hard drive do you need?"
When the boss realized his attempt to fool him had failed, he immediately lost interest.
How much are the smaller capacity portable hard drives?
Ye Kai looked at the portable hard drives and suddenly asked a question.
He only needed to store Bitcoin data; he didn't need that much storage space at all. Even a few gigabytes wouldn't be enough.
However, they were out of small portable hard drives. The shop owner did have a few 120GB hard drives in stock, the kind that had been phased out and couldn't be sold. He hadn't expected anyone to want them, so he was quite happy that the shop opened today.
"If the price is right and the quality is fine, I'll take all of these."
Ye Kai took a look and saw that they were all Western Digital original hard drives, so he started to bargain with the shopkeeper.
In the end, he bought all five 120G portable hard drives from the shop owner for 80 yuan each.
"Brother Ye Kai, what are you doing here?"
Suddenly, a melodious voice, as sweet as a lark's, rang out behind Ye Kai.
Upon hearing this, Ye Kai paused, then slowly turned his somewhat stiff body around.