Is digital currency holding real name a fraud

1.

Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money

There are three characteristics of digital money MLM:

1. Digital money is a real proct, and it is highly packaged

2. The participants can get a head pulling reward, and the prize is the digital currency itself

3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc

extended materials:

five ways to distinguish whether digital currency is pyramid selling currency:

1. Issuance mode

virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode

virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform

3. Implementation method

virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

4, whether to give the source code link

General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code

5, whether the official website starts with HTTPS

generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

2. To explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money". Digital currency can not be said to be a fraud, but has certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value
since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable.

3. It's not necessary to say that this thing is deceitful. If it is issued by the state, there must be government and full-time personnel with certificates.

4. It is wrong to say that China's digital currency comes from the people, because it comes from the present. Science.

5. Recently, Huawei held a new proct launch of P30 in Paris, France, and released Huawei P30, Huawei P30 pro and other models. Since the cooperation with Leica in the first generation of p9, Huawei's "P Series" seems to have become a synonym for Huawei's camera phone. At the press conference, Yu Chengdong also focused on the introction of the photo taking function of P30 series, and compared the dark light environment shooting ability of P30 pro with that of iPhone XS Max and Samsung S10 plus

in the early days of the emergence of mobile phones, people have great expectations for the configuration, style and function of mobile phones, so it is easier for mobile phone manufacturers to carry out differentiated positioning

however, with the continuous maturity of communication technology, manufacturing process and configuration, the homogenization of mobile phone instry is becoming more and more serious, and it is difficult to seek differentiation. So the mobile phone brand began to look for a demand that the majority of users are concerned about. As a frequently used function in smart phones, taking photos has been concerned by all parties

in addition, the rise of mobile Internet makes social platforms and social software hot. In the era of 2G and 3G, the data flow is low and the camera pixels are poor. Although there are social platforms, they are far from popular. In the 4G era, all kinds of social networking platforms are rising rapidly, and we media is exploding. People's desire for expression is unprecedented, and they all hope to show themselves more in online social networking

in addition, with the improvement of economic level, the frequency of people's travel and entertainment is increasing, so self photography, landscape photography, high-definition video shooting and other behaviors are becoming more and more frequent. How to take more beautiful and higher style photos has become an issue of great concern. And these behaviors have a certain degree of requirements for photography ability. Mobile phone manufacturers conform to this trend and focus on the photography function

however, smart phones and professional camera equipment have their own advantages. The advantage of smart phones lies in portability, and professional camera equipment lies in its professionalism. They have their own advantages, and the comparability is not so strong. Therefore, it is inevitable that there will be some disputes if we insist on putting the two together

however, it is undeniable that the smartphone's emphasis on the photo taking function has indeed caused a great impact on the traditional photography equipment market. Even if it can't really compare with the professional photography equipment, the smartphone has made great progress in the photography function, such as double camera, four camera, night camera, deep camera... The photography technology of the smartphone is improving at a visible speed, and each stage is further away from the professional

for most non professional photography users, the camera function on the mobile phone is enough. In the eyes of most ordinary consumers, the shooting ability of mobile phones can completely replace photographic equipment. With more than 90% of mobile phone manufacturers using Qualcomm chips, it is easier to see the effect by working hard on the camera function. In order to highlight the brand differences, and to meet the needs of users, today's mobile phone photo functions are rich and diverse, which more "devour" those potential users who may be professional photography equipment. Therefore, it is a wise choice for mobile phone manufacturers to focus on the photo taking function.

6. If you are applying to the bank, it is suggested that you call the customer service of the bank to inquire whether you need to make money, and whether the bank has ever asked you to do so. There are too many such things. Caution is not wrong

7.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />