SMIC releases digital currency
China's Internet of things LCF digital currency has been defined as fraud, pyramid selling and illegal fund-raising. Police in many places gave warning, involving a statement issued by the Rothschild group and a notice issued by the central bank that no digital currency was released
the following is an authoritative media report:
a few days ago, the netizen "Shanshui" received a message about "LCF". He was not sure whether there was something fishy in it, so he asked Weihai evening news for confirmation
the information is as follows: "LCF Internet of things group, specifically, is a comprehensive platform of Internet of things + virtual digital currency + original stock + consumption rebate jointly built by the Chinese government and the Rothschild family. It is a wealth platform tailored for the Chinese people. In the early stage, the Rothschild family made profits of 1 billion and gave points to high-quality members, At present, there is a chance to get 1000-20000 points before the opening, 1 point and 1 LCF = 3 yuan
after the preferential period, the person who gets the number means that he can register as a member. If the registered member succeeds, he can see the company's free bonus points on his own account. What can integral do
the free points can be circulated in the platform for shopping, tourism and insurance. After the official opening, the platform will connect 50000 shops, 100000 kinds of famous and high-quality procts at home and abroad, 100 types of grounding gas insurance, and 500 boutique tourism routes. Early gift points, we are zero investment, zero risk, do not pay a cent yo
the reporter consulted the Economic Investigation Department of Weihai Public Security Bureau for this purpose. The economic investigation department said that the project has been confirmed by many domestic police as suspected of illegal pyramid selling and illegal fraud, and its communication mode conforms to the definition of pyramid selling. The main targets are housewives and middle-aged and old men who don't know much about the Internet
through the registration of free virtual points, posts and other incentives to join the organization, and constantly develop offline, in exchange for the so-called virtual points. After entering the group, first modify the nickname, report personal data, and brainwash through text, lectures, voice sharing, and then carry out fraud. When people encounter this kind of information, they must be alert and not fall into a trap
December 23, 2016; CO) once again warned the Chinese public about an informal fund-raising activity calling itself the "Rothschild family LCF project"
the fund-raising activity claims to invest in projects related to virtual currency and "Internet of things". Investors should note that the informal fund-raising activities are suspected of falsely using the name of "Rothschild" to make fictitious and informal connections
according to the information currently obtained by Rothschild group, the informal fund-raising activity has been spread by unknown people on wechat, Sina Weibo, Tencent QQ and other Chinese social platforms. Initially, the event led the public to www.hlcf586cn.com Website registration account to invest in "LCF points"
the website has been banned, but we believe that articles and content related to the fund-raising activities are still spread on social platforms. The informal fund-raising activity claims that it will pay dividends in stages according to the time of investors' participation, which is very similar to the Ponzi financial fraud. This informal fund-raising activity is believed to have been in operation nationwide for several months
neither the Rothschild group nor any member of the Rothschild family (also translated as "the Rothschild family") is associated with this fund-raising activity. Rothschild group has taken a series of measures to remind the public to be careful of the informal fund-raising activities under the name of "Rothschild". The measures taken by Rothschild group include:
1. Issuing a public statement on the official website of Rothschild group to warn investors that Rothschild group has no connection with the informal fund-raising activities
2. Contact with domain name suppliers and social networking platforms such as Tencent, Sina and wechat, and ask to close fund-raising websites, delete false publicity information and control new information
3. Inform the relevant regulatory authorities in mainland China and Hong Kong and update them with the latest progress in real time
4. Issue an online statement to warn the Chinese public to distinguish the informal fund-raising activities that use the name of "Rothschild" cautiously
5. Issue a statement to the Chinese media to warn the Chinese public not to believe in informal fund-raising activities under the name of "Rothschild"
the group will continue to work closely with regulators to deal with this matter. Rothschild group suggests that the Chinese public who have participated in the informal fund-raising activities should contact the local police immediately. Rother strongly recommends that all the public who are encouraged to participate in the informal fund-raising and spread the informal information report to the police
Zhou Xiaochuan pointed out that as legal tender, digital currency must be issued by the central bank. The issue, circulation and transaction of digital currency should follow the idea of integration of traditional currency and digital currency, and implement the same principle of management. That is to say, q-coin and the like are definitely not good
as for whether to use blockchain technology to create digital currency. Zhou Xiaochuan said that the blockchain technology is an optional technology, but so far, the blockchain still occupies too many resources. Whether it is computing resources or storage resources, it can't cope with the current transaction scale, and whether it can be solved in the future depends on it. Zhou Xiaochuan said that in addition to blockchain technology, the digital currency research team of the people's Bank of China has also concted in-depth research on other related technologies involved in digital currency, such as mobile payment, trusted and controllable cloud computing, cryptographic algorithm, security chip, etc
in addition, Zhou Xiaochuan also mentioned that there is a lot of discussion about "51% attack" (assuming that indivials have 51% of the computing speed of the whole network, they can realize double payment, reverse transactions, paralyze the whole network, and completely lose the transfer function). More specifically, compared with the special currency, bitcoin does not need the central bank. Zhou Xiaochuan mentioned that for the digital currency controlled by the central bank, a series of technical means, mechanism design and laws and regulations will be adopted to ensure the security of the digital currency operation system, which is different from the design idea of bitcoin from the beginning
as for the digital currency timetable, Zhou Xiaochuan said that there is no established timetable. The relationship between digital currency and cash will be parallel and graally replaced for quite a long time. For reference.
on September 4, the central bank and other seven ministries and commissions issued the notice on preventing the financing risk of token issuance, and the ICO trading platform was completely suspended. After September 14, the relevant token platforms successively removed procts or stopped trading. After the news came out, digital currency was boiling
some people can't help asking: with the collapse of ICO and the closure of bitcoin platform, is digital currency over? Here the central bank gives the answer. The central bank reports that around the Spring Festival this year, the block chain based digital bill trading platform promoted by the central bank has been tested successfully, and the digital currency Research Institute of the central bank will also be officially listed. China's sovereign digital currency will accelerate its arrival. Then some people will question whether China will proce its own bitcoin? Here, let's talk about what is digital currency:
digital currency
digital currency is different from virtual currency, not bitcoin or q-coin! That is to say, it is different from virtual currencies such as bitcoin and Ethernet
virtual currency can only be closed in circulation on the network, just like Tencent's q-coin and Dashen's coin on the platform of Dashen software collaborative instry ecological chain. They can only be used for one use of their own procts. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency, bitcoin is illegal digital currency. As for legal digital currency, there is no unified international definition. Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and head of the preparatory group of the digital currency Research Institute, believes that the digital currency researched and issued by the people's Bank of China is indexed RMB. From the perspective of national schemes, it belongs to legal encrypted digital currency, which is not only a payment tool but also a currency. Correspondingly, virtual currency is also called illegal fixed digital currency. Li Lihui, head of the blockchain working group of China Internet Finance Association, once said that digital currency must have legal status, national sovereignty endorsement, and clear responsibility subject of issuance. Virtual currencies represented by bitcoin and ethereal currency have no country, no sovereign endorsement, no qualified issuers, and no national credit support. These are not digital currencies.
because the digital currency to be issued by the central bank will be ten years later at the earliest, and the design concepts of this digital currency are different from those of bitcoin, Ruitai, Laite and Weimeng.
As we all know, the legal currency of our country is RMB. The currency issued by other indivials and organizations, whether paper currency, digital currency or other forms of currency, is illegal and not recognized by the state. Only the people's Bank of China has the right to formulate and implement monetary policies according to law, Therefore, it is not recognized by the state to issue digital currency except RMB digital currency at home or abroad, which is illegal currency. Therefore, it is illegal to participate in the creation, operation and promotion of illegal digital currency. Taoists of genuine gold don't understand why so many people will invest in or participate in illegal digital currency activities, knowing that they are prohibited by law. Are we really so stupid< br />
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 />