How is bitcoin air club
The air bitcoin club is MLM
[bao.com, Beijing, July 17, 2018] (anti MLM network) according to a member who claimed to join air bitcoin in the second half of 2017, one of the directors of air bitcoin club in China is Yao Hongtao, whose online identity is the chairman of Inner Mongolia jindiao group, who has participated in the "WV Dream Tour" project of illegal MLM. The company's founders are Renato Rodriquez and Gutenberg dot Santos, who co founded wcm777 and vizinova, two projects identified as Ponzi schemes
on June 1, the Yangtze Evening News reported a news about bitcoin in the air, in which it was mentioned that the police initially identified it as a suspected new network pyramid selling organization
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Article 7 of the regulations of the people's Republic of China on the prohibition of pyramid selling stipulates that pyramid selling shall meet the following three requirements
1; Capitation fee; Or & quot; Qualification fee & quot; Or pay in disguised form by subscribing for goods (including services) & quot; Capitation fee; Or & quot; Qualification fee & quot; Obtain the qualification to join or introce others to join
2. By introcing others to participate in the development of offline personnel, an organizational system with internal wealth redistribution relationship between the upper and lower levels is established
3. The organizer uses part of the expenses paid by the participants to pay the first participants to maintain the operation; The benefits of the participants are determined by the order of their participation and their development
Bitcoin is a kind of network virtual currency, not MLM
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation
the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
the monetary system had no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
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generation principle
starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique
in the metaphor of RMB, bitcoin is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million
to mine bitcoin, you can download the special bitcoin computing tools, register various cooperation websites, fill the registered user name and password into the computing program, and then click the operation to officially start. After completing the installation of bitcoin client, you can directly obtain a bitcoin address. When others pay, you only need to paste the address to others, and you can pay through the same client
after installing bitcoin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, personal bitcoin will be completely lost
if you have too much money, call the police, though it doesn't work