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Author Topic: Advice from China: build factories and sell masks through the Bitcoin community  (Read 232 times)
Marlboro4311 (OP)
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March 12, 2020, 06:53:06 PM
Last edit: March 13, 2020, 10:39:24 AM by Marlboro4311
 #1

……I posted it in another section, but it seems that this section is more suitable ...


I am a cryptocurrency enthusiast from China. I have been in the medical industry for 5 years. I have a small factory that produces medical equipment such as masks and protective clothing. Usually I have stable orders from pharmacies and small hospitals. In the past month and the next three months, all my orders have been handed over to government agencies to ensure that the medical system has priority access to them, most of which went to Wuhan.

At present, China's epidemic control has gradually improved, the economy has begun to recover, and people have also started to work (99% are wearing masks). But in my opinion, the new crown epidemic around the world seems to have just begun. The impact of the epidemic on the economy has a great probability of causing a new round of economic crisis. In the past 2 months, China ’s economy has frozen. Most stores are closed. Everyone stays at home. Consumption, investment, and the economy have dropped to the freezing point. I think the process will be repeated throughout the world, because practice has proven that the economy is braking. Staying home is the most effective way to control the spread of the virus.

In this case, I hope to get a quick funding to build a new mask factory for export (US, Europe, India, etc.). Compared with the traditional financing method, I have never been involved in export trade. I think crowdfunding may be more suitable for me because crowdfunding can directly communicate with overseas consumers, so I went to research Kickstarter and Indiegogo and found that this still needs to go Corresponding banks open overseas accounts and are inconvenient for companies in mainland China, because you know that there are strict scrutiny for USD / EUR access to Chinese accounts, which is not only cumbersome and wastes precious time.

So my friend told me, hey, you discuss Bitcoin with me every day, why do n’t you start a crowdfunding with Bitcoin? Just like ICOs, so I came here and asked for your suggestions.

Following my observations in China, my logical assumption is that under the possible economic crisis caused by the epidemic, medical facilities may be the most important commodities and necessities in the next 6 months or 1 year. I need three types of support:


The first category: team. As a factory for mask production, members other than me have a relatively low level of education and know almost nothing about exports, overseas consumption, crowdfunding processes, overseas promotion, etc. So I hope someone can help me set up Kickstarter and Indiegogo A crowdfunding page that is suitable for you to read and understand, and work with me to sort out the overseas export process. My team is responsible for the construction and production of the factory.

The second category : dealers. I think this is a win-win situation: in the event of an economic crisis, people participating in crowdfunding can get priority to obtain the supply of medical products we produce, and priority to obtain these materials and sell them at low prices. Since most of the industrial consumer goods are produced in China, for important supporters I can help you purchase whatever you need.

Category 3: Volunteers: This is the first time that I have conducted overseas business directly with overseas. Therefore, if crowdfunding is achieved, the corresponding auditing, promotion, and even community building (translation) will require support and guidance from others. . It is also hoped that this will become an extensive alliance in the crypto world under the circumstances of the world economic situation.

As a forerunner of history, Bitcoin holders should not fall down because of their health in a crisis.

My email: Marlboro4311@Foxmail.com
Also registered a cool email: coreofIlluminati@gmail.com
My Bitcoin address: 3MNWnAv9xDhBNnqmt7ToRyUcRTVkJki8FA
My Ethereum address (if you are interested): 0x2fC1048ed5dCbF6F6029E2811D1bf6B7E7B1e0FD

If anyone is interested in signing up as a team member, volunteer or distributor, please contact me by email;
If there is a donor, please indicate in the email which donation is yours. I will make a registration for future material distribution. Thank you.
If anyone wants to know something about the Coronavirus in China, you can also consult me.

Also please tell me how to upload pictures of my work and products to prove the authenticity of this post?
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March 12, 2020, 08:54:10 PM
 #2

Also please tell me how to upload pictures of my work and products to prove the authenticity of this post?

Upload in imgur.com and share the links here.

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March 12, 2020, 09:19:11 PM
 #3

I think you should think this through a bit better, sure, COVID19 is the cool boy in town now and everyone is talking about it, but do try to think in the long term, what I mean is not to discourage you but rather to have you consider different angles, try for example getting contracts with hospitals or other medical facilities offering monthly batches or w.e, this is what will keep you in business when the COVID19 is finally neutralized.

Other than that I think you have a great idea, I'd love to see those pictures though!
Marlboro4311 (OP)
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March 12, 2020, 09:46:37 PM
 #4

Also please tell me how to upload pictures of my work and products to prove the authenticity of this post?

Upload in imgur.com and share the links here.

https://imgur.com/gDD9caF
https://imgur.com/fyiuArl
https://imgur.com/xEZ4UND
https://imgur.com/Wo9Rhes
https://imgur.com/6yVEXzC
https://imgur.com/o0Ndk5G
https://imgur.com/6r76WWB

Thanks, I tried it. This is the factory where I work now and meets China's health qualifications, but I think if you want to export (EU or US standards) you may need to overcome some difficulties
Marlboro4311 (OP)
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March 13, 2020, 10:36:06 AM
 #5

I think you should think this through a bit better, sure, COVID19 is the cool boy in town now and everyone is talking about it, but do try to think in the long term, what I mean is not to discourage you but rather to have you consider different angles, try for example getting contracts with hospitals or other medical facilities offering monthly batches or w.e, this is what will keep you in business when the COVID19 is finally neutralized.

Other than that I think you have a great idea, I'd love to see those pictures though!

Thank you for your reply. In fact, we are now full of confidence in the future, but we have doubts about epidemic control and economic crisis worldwide. At present, all future orders for our factory are provided to hospitals and institutions at low prices, but I think it is clear that we need to expand production Wink
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March 13, 2020, 12:38:16 PM
 #6

So you want to make a business and profit from the fear and panic of other people around the world?
There's a special place in hell for people like you. Grin
In my country(which is in the EU) the production of masks+protective clothes increased pretty fast and the companies are ready to export.Be ready for some furious competition.
Building a fully functional business requires years.The coronavirus peak might come after 3 months,nobody knows when.You can't build a long term business out of this.

Marlboro4311 (OP)
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March 13, 2020, 01:49:05 PM
 #7

So you want to make a business and profit from the fear and panic of other people around the world?
There's a special place in hell for people like you. Grin
In my country(which is in the EU) the production of masks+protective clothes increased pretty fast and the companies are ready to export.Be ready for some furious competition.
Building a fully functional business requires years.The coronavirus peak might come after 3 months,nobody knows when.You can't build a long term business out of this.

In fact, we did not make excess profits in the revolutionary disaster, because all prices are controlled, and the price of a mask is about 30 cents, so I do not understand your accusations. I must have worked harder on human health than you in this plague. I donated $ 40,000 to the hospital the day before yesterday.

Considering the arrival of summer, this business may not be sustainable in the long run, so this is why I ask everyone if there is a reliable sales channel.My English level is limited. Does the above indicate that you and I are in the same industry? Huh
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March 13, 2020, 02:12:23 PM
 #8

So you want to make a business and profit from the fear and panic of other people around the world?
There's a special place in hell for people like you. Grin
In my country(which is in the EU) the production of masks+protective clothes increased pretty fast and the companies are ready to export.Be ready for some furious competition.
Building a fully functional business requires years.The coronavirus peak might come after 3 months,nobody knows when.You can't build a long term business out of this.

Oh! come on,

why are you so negative?

He is trying to help in this crisis situation. The global coronavirus situation is critical and every effort should be appreciated. The condition in developed economies like US and EU is getting serious day by day. Already the health care system is falling apart and it is just the beginning.

It is better to encourage such individuals rather being negative about it.

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dothebeats
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March 13, 2020, 02:34:59 PM
 #9

Everyone's focus is actually on creating face masks to prevent the spread of the virus. Even prisons in Taiwan were turned into makeshift face mask factories for the benefit of all. It may not be as valiant and as grand as scientists trying to figure out a vaccine for the virus, but it's still a great effort nonetheless.

So you want to make a business and profit from the fear and panic of other people around the world?
There's a special place in hell for people like you. Grin
In my country(which is in the EU) the production of masks+protective clothes increased pretty fast and the companies are ready to export.Be ready for some furious competition.
Building a fully functional business requires years.The coronavirus peak might come after 3 months,nobody knows when.You can't build a long term business out of this.

Trade departments of governments would surely place a cap on the prices of such necessities to help prevent the spread of the disease. You should figure that out already that governments already placed sanctions to those who violates it.

You should blame the resellers and profiteers, not those manufacturers who sell such at normal market prices.
Marlboro4311 (OP)
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March 13, 2020, 02:51:34 PM
 #10

So you want to make a business and profit from the fear and panic of other people around the world?
There's a special place in hell for people like you. Grin
In my country(which is in the EU) the production of masks+protective clothes increased pretty fast and the companies are ready to export.Be ready for some furious competition.
Building a fully functional business requires years.The coronavirus peak might come after 3 months,nobody knows when.You can't build a long term business out of this.

Oh! come on,

why are you so negative?

He is trying to help in this crisis situation. The global coronavirus situation is critical and every effort should be appreciated. The condition in developed economies like US and EU is getting serious day by day. Already the health care system is falling apart and it is just the beginning.

It is better to encourage such individuals rather being negative about it.

Thanks for understanding, if we make a fortune in the disaster, we don't need to consider the financial problems of the new plant.
Can you talk about your country, the local epidemic situation and the supply of masks? After all, the information I get from the news may not be as valuable as your own experience. Wink
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March 13, 2020, 03:26:39 PM
 #11

In the past month and the next three months, all my orders have been handed over to government agencies to ensure that the medical system has priority access to them, most of which went to Wuhan.

At present, China's epidemic control has gradually improved, the economy has begun to recover, and people have also started to work (99% are wearing masks). But in my opinion, the new crown epidemic around the world seems to have just begun.
In this case, I hope to get a quick funding to build a new mask factory for export (US, Europe, India, etc.).

Let's stop for a moment and not go into all the other details like why should we trust you, the profitability, and the somewhat moral part.

Now, you base your business on a new epidemic, BUT, during the current one all your production as you said had been handed by the government, so why would this not happen again next time? If a new crisis happens and your main destination and partners are from the EU and US how can you guarantee that the Chinese government will not seize all your merchandise?


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Marlboro4311 (OP)
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March 13, 2020, 04:21:38 PM
 #12

In the past month and the next three months, all my orders have been handed over to government agencies to ensure that the medical system has priority access to them, most of which went to Wuhan.

At present, China's epidemic control has gradually improved, the economy has begun to recover, and people have also started to work (99% are wearing masks). But in my opinion, the new crown epidemic around the world seems to have just begun.
In this case, I hope to get a quick funding to build a new mask factory for export (US, Europe, India, etc.).

Let's stop for a moment and not go into all the other details like why should we trust you, the profitability, and the somewhat moral part.

Now, you base your business on a new epidemic, BUT, during the current one all your production as you said had been handed by the government, so why would this not happen again next time? If a new crisis happens and your main destination and partners are from the EU and US how can you guarantee that the Chinese government will not seize all your merchandise?



You are right. At present, I can only provide photos, videos, documents, etc. that can show the authenticity of the event as much as possible, but there are relatively large risks. For example, my new factory cannot meet EU or US import standards. My Plan B is, assuming this plan fails, then I think I can at least win some friends who know the foreign market, or are willing to assume the role of distributors, or establish sales. We will cooperate in a more official form, for example, I am looking for in China To a more qualified partner, I come to be its agent and ship to you; in short, our communication is definitely helpful.


In addition, the follow-up risks you said do not exist. The Chinese government attaches great importance to the laws of the market economy. With the improvement of the epidemic situation in China, it is unlikely that the new mask products will be controlled anymore, because ordinary people can already be more convenient. Feel free to buy, if not, I would not consider overseas production.

For example, if I live in Hangzhou now, I can know very clearly that there are only single-digit new patients in the province (57 million), their numbers and regions. This is the basis for our confidence in overseas production and the future economic improvement. Cheesy Cheesy
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March 13, 2020, 05:42:30 PM
 #13

Masks protect the public from you, and don't do much to protect you from the public. Gloves are far more useful. Hot water is good as well to boost your immune system, and undo the damage done by vaccines.

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Marlboro4311 (OP)
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March 13, 2020, 05:58:45 PM
 #14

Masks protect the public from you, and don't do much to protect you from the public. Gloves are far more useful. Hot water is good as well to boost your immune system, and undo the damage done by vaccines.

I have different opinions. In China, we have heard some remarks of foreign epidemic prevention agencies through the news, for example, the CDC does not encourage everyone to wear masks. We think this is because the production capacity of masks cannot keep up, so they call on everyone not to rush to ensure the priority supply of the medical system. In fact, according to our experience in epidemic prevention, masks are almost the only means worthy of attention. Gloves ... In fact, I think few people except 1.4 billion Chinese think about it. I think these experiences are worthy of reference. Cheesy
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