Is GEC bitcoin legal

1.

although bitcoin still has great risks, after years of development, with the increase of its application population, application scenarios and application technology, no country or organization can completely eliminate it. If you can figure it out, it is likely that countries will generally accept bitcoin and embrace it

according to my personal judgment, bitcoin, after a period of continuous development, is likely to become a world currency in the future, which can play the role of electronic gold and become the target of the value of other sovereign currencies. From this perspective, bitcoin can be used as a means of asset preservation in the future when inflation is inevitable

2.

Any network virtual currency is deceptive, which is not recognized by the state and does not have the characteristics of general equivalent. Normal currency has gold standard and silver standard

GEC is a pyramid selling project in the form of virtual currency“ "GEC environmental protection coin" has been attracting more and more people, and the mode of developing funds by pulling down the line does exist

"GEC environmental protection coin" is similar to the transaction mode of environmental protection coin, which has touched the bottom line of some laws. It is similar to the mode of pyramid scheme, which uses high income to attract users. In the end, because it does not generate profits, or the income can not cover the expenditure, that is, it can only evolve into a game of carrying sedan chair, so it is more likely to drum and pass flowers, Investors are advised to be vigilant

if you rely on offline development, you can get online revenue. This business model is very similar to MLM. The virtual currency of GEC environmental protection currency is a new currency designed by its behind the scenes controllers. The legitimacy of its transaction has not been recognized, so investors are advised not to participate

extended information:

"GEC environmental protection coin" is obviously in line with the nature of pyramid scheme

1. Attract customers with high income, but external claims only rise, which is a great temptation for investors

2. Build a pyramid sales structure, build a membership model, and realize the viral sales of GEC

3. Its sales and operation dare not be exposed to the "sunshine", only through private means, such as wechat group, which has a very high concealment and the nature of evading supervision

To sum up, the income model of "GEC green currency" seriously deviates from the nature of bitcoin assets, and even violates relevant laws and regulations. It is suggested that investors should use the investment mode similar to virtual currency cautiously. Such a model can be characterized as ICO, the core is illegal ICO, and the means is MLM model

3. Founded in Hong Kong in 2015, the world environmental entrepreneurship foundation is committed to supporting the development of the world's environmental protection instry by sponsoring environmental entrepreneurship projects, so as to promote the sustainable solution of world environmental problems
in 2016, we moved the headquarters of the foundation to Geneva to provide comprehensive capacity-building for young leaders who are interested in environmental protection and entrepreneurship through "project funding", "institutional funding" and "green Ambassador Program for college students", to support environmental protection, ecate and appeal to the public to support and participate in the improvement of social environment together with people from all walks of life, Jointly explore the future direction of environmental protection development, and strive to build a green earth
in 2017, we launched a digital currency project based on blockchain Technology: Green entrepreneurship coin. The issuing rate of green entrepreneurship coin is reced by half every five years according to the equal ratio sequence, and the total amount is about 8 billion. The number of one green entrepreneurship coin per capita in the world can be popularized more quickly and realize global circulation, Let the value and function of digital currency truly reflect
in the face of increasingly serious environmental pollution and shortage of natural resources, the world environmental entrepreneurship foundation promises to provide more opportunities for young people and enterprises who care about and love the environment and are willing to start their own businesses, so as to promote the orderly development of the world with practical actions
mission and vision
we believe that positive action will bring about change
we present the environmental entrepreneurship projects we support to the public to enhance the awareness and understanding of the whole society in a positive way
We support executable environmental entrepreneurship projects
in promoting the project, we will fully respect democracy and seek solutions that are fair to different regions and classes in the world<

mission
the world environmental entrepreneurship foundation is committed to supporting the development of the world environmental protection instry by sponsoring environmental entrepreneurship projects, so as to promote the sustainable solution of world environmental problems. Since its establishment, the foundation has provided comprehensive capacity-building for young leaders who are interested in environmental protection and entrepreneurship through "project funding", "institutional funding" and "green Ambassador Program for college students"; Environmental publicity has been carried out in many colleges and universities in China to fund the environmental protection actions of youth teams
objective
in the face of increasingly serious environmental pollution and shortage of natural resources, the world environmental entrepreneurship foundation, in line with the vision and mission of environmental protection, promises to support environmental protection with people from all walks of life and take practical actions to promote the orderly development of the world. The foundation will vigorously support and promote various environmental entrepreneurship projects, ecate and appeal to the public to support and participate in the improvement of social environment, jointly explore the direction of future environmental development, and strive to build a green earth.

4.

GEC is a pyramid selling project in the form of virtual currency“ "GEC environmental protection coin" has been attracting more and more people, and the mode of developing funds by pulling down the line does exist“ "GEC environmental protection coin" is similar to the trading mode of environmental protection coin, which has touched the bottom line of some laws. It is similar to the mode of pyramid scheme. It uses high income to attract users. In the end, because it does not generate profits, or the income can not cover the expenditure, it can only evolve into a game of carrying sedan chair. It is more likely to drum and pass on flowers. Investors are advised to be vigilant

if you need to develop offline, you can get online revenue. This business model is very similar to MLM. The virtual currency of GEC environmental protection currency is a new currency designed by its behind the scenes controllers. The legitimacy of its transaction has not been recognized, so investors are advised not to participate

extended information:

"GEC environmental protection coin" is obviously in line with the nature of pyramid scheme

one is to attract customers with extremely high returns and declare that they only go up but not go down, which has great attraction to investors

the second is to build the head MLM framework, build the membership mode, and realize the viral sales of GEC

Third, its sales and operation dare not be exposed to the "sunshine", but only through private means such as wechat group, which has the attributes of high concealment and avoiding supervision

All in all, the income model of "GEC eco currency" has seriously deviated from the nature of bitcoin like assets, and even violated relevant laws and regulations. It is suggested that investors should guard against similar virtual currency investment model. This kind of mode can be identified as ICO, the core is illegal ICO, and the means is MLM mode

5. Whether bitcoin is legal or not depends on the attitude of monetary authorities
the further development of bitcoin may threaten the interests of traditional currencies, and currency issuers will not cede their rights to an open-source P2P algorithm. So governments are likely to outlaw bitcoin
once governments declare it illegal, it may cause huge fluctuations in its price in the short term. It could be a crash, it could be a surge. Because people at the bottom of the world are obviously resistant to their governments< At the same time, the ban by the government will lead to the closure of bitcoin trading platform. After the closing of the trading platform, bitcoin can only be cashed in private, which will have a great impact on its cashing ability< However, e to the characteristics of bitcoin itself, it provides an excellent channel for officials of various countries to accept bribes, launder money and transfer assets overseas. Especially in the trend that officials of various countries disclose their property, bitcoin provides a good way for them to hold huge property anonymously
from this perspective, some officials may actively promote the legalization of bitcoin< On May 7, 2013, officials from the US Commodity Futures Trading Commission (CFTC) said that they were considering whether the online virtual currency "bitcoin" could be applied to the agency's regulations. CFTC is the highest regulator of the derivatives instry in the United States. Bitcoin is known as a currency independent of traditional authority, and if it is regulated more, it may bring challenges to its supporters
CFTC mainly supervises derivatives contracts. Its responsibilities have been greatly expanded after the financial crisis in 2007-2009, and it also has full power to supervise retail foreign exchange dealers
Bart Chilton, one of the five members of the CFTC, said on Monday that he had asked the committee to consider regulating bitcoin to determine whether consumers need additional protection when using bitcoin[ 15]
the Hong Kong government has approved GBL electronic currency trading center to operate virtual currency exchange business, which will be an important milestone in the development of bitcoin. GBL virtual electronic currency trading center has completed the equity change and has the business scope of virtual electronic currency exchange business.

6.

Bitcoin is illegal in China

since September 4, 2017, China has expressed its opposition to the virtual currency exchange. On the market, large-scale exchanges are graally fading out of the domestic market. Some of them are going to Japan and some of them are going to Nanyang. Of course, with the release of new regulations in Hong Kong in early November, we believe that in the future, the virtual currency exchange may obtain a legal license in Hong Kong to serve local institutional investors

extended information:

bitcoin China said that the platform will stop withdrawing cash. So far, bitcoin China has closed all transaction functions. The other two bitcoin trading platforms in China, huocoin.com and okcoin, have also stopped trading all digital assets against RMB

the virtual currency represented by bitcoin has soared, attracting a large number of ordinary people without any technology and investment knowledge to enter this high-risk market

the central bank, together with many ministries and commissions, issued the announcement on preventing the financing risks of token issuance (hereinafter referred to as the announcement), which pointed out that no organization or indivial may engage in the financing activities of token issuance illegally According to the announcement, all kinds of token issuance and financing activities should be stopped immediately from the date of issue

the organizations and indivials that have completed the token issuance financing should make arrangements such as liquidation, reasonably protect the rights and interests of investors, and properly handle the risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

the China Internet Finance Association issued the "tips on preventing the risks of bitcoin and other so-called" virtual currency ", pointing out that bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities e to the expanding number of stakeholders and strong speculative atmosphere; There is no legal basis for the establishment of various so-called "currency" trading platforms in China

7. The digital currency has come into being. It's a great time to welcome the upsurge. I think it's an advertisement, like a propaganda. You should be careful not to be deceived, because this kind of digital currency is not very reliable.

8. http://www.chinastock.com.cn/
the website of galaxy securities can be seen at a glance

9. It must be fake. These routines are too deep. You'd better buy some reliable financial procts by yourself. It's better to have solid investment and financial management if you want to set up the White Wolf empty handed