For the Dragon Note to circulate nationwide, it naturally could not be issued only within Henan.
Just as Henan was undergoing comprehensive reform, Xue Shao sent people to the provinces to ensure that every county had at least one Great Ming Bank. Yet these banks were deserted, without a single customer.
After all, Henan was the only place where Dragon Notes were forcibly used to pay salaries.
But the world never lacked brave people, much less clever ones.
Before long, someone spotted a business opportunity amid Henan's frenzy of exchanges.
At first, clever people from Henan traveled elsewhere, buying up Treasure Notes at low prices with silver, transporting them back to Henan, exchanging them for Dragon Notes at the Great Ming Bank, and finally converting the Dragon Notes back into silver...
Repeating this process over and over, they earned a considerable profit from the difference in price.
Then, people from other regions noticed this business through the buying activity and joined in the reselling trade.
Treasure Notes were light, and Dragon Notes were light as well, but silver was extremely heavy. Transporting Treasure Notes to Henan only to exchange them for silver and haul it away again cost a substantial sum in freight, while still carrying the risk of being robbed.
At that point, the middlemen keenly felt the inconvenience of silver.
And driven by the pursuit of profit, they found ways to spend that silver.
Either they exchanged it for goods to carry back and resell for another profit, or they simply left with Dragon Notes in hand, then, upon returning home, tentatively sought out a Great Ming Bank to exchange them for silver.
Under this two-pronged approach, Henan's economy flourished and grew rapidly, while Great Ming Banks across the country finally came into the public eye, their credibility