Official website of SC virtual currency
virtual currency mainly includes game currency and secret currency. Now, the virtual currency we often refer to refers to bitcoin, Ruitai coin, Laite coin and other digital cryptocurrency.
There is no official recognition of any virtual currency in China
different from sovereign currency, the "credit" basis of "virtual currency" is mathematical algorithm, and its price depends on the reliability of the algorithm, market confidence and other factors. There are many defects and loopholes in technology, and its value foundation is very fragile
the China Internet Finance Association recently announced that bitcoin and other so-called "virtual currencies" lack a clear value basis, the market has a strong speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses. There is no legal basis for the establishment of various so-called "currency" trading platforms in China
extended information:
in recent years, the price of bitcoin has risen rapidly, attracting a large number of people to enter. A large number of "virtual currencies" followed suit. In 2017, the price of Leyte increased by 476%, the price of Ruibo increased by 54 times, and the price of ether increased by 13 times
Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code
Li Aijun, Dean of the Internet Finance and Law Research Institute of China University of political science and law, believes that virtual currency is the proct of networking, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code
Du Yan believes that the existence of bitcoin and exchanges and other instrial chains has constructed an illegal financial market for asset transfer and financing beyond legal tender, increased the difficulty of regulatory authorities in managing financial security and stability, and promoted regulatory arbitrage and financial crimes. The risks and social security risks it brings to the financial market are far higher than its innovative value
investors should stick to rational investment, not blindly follow the trend, nor take chances. There are risks in investment, especially in the face of a new model, we should be more cautious in investment, so as not to become the target of wealth plunder by criminals
bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.
man Xingyun is illegal in China. The predecessor of "man Xingyun" is the notorious "cloud smart" pyramid scheme
"cloud smart" and "man Xingyun" and other Ponzi schemes were created by Zhang Jianyun and Lai Caiyun. In the end, these Ponzi schemes were forcefully destroyed by China's regulatory authorities“ In the name of revitalizing the national Internet, listing and issuing original stocks, the "cloud smart" pyramid selling organization has set up a network data platform according to the operation mode of the "Cloud Data Trade" pyramid selling organization
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according to the founder of manxingyun, manxingyun has 21 million members in the world, half of which are from China. It is known as "the next Alibaba" to be an e-commerce platform. But the actual development mode is to develop a large number of members, let them pay the registration fee back to the company's original shares and electronic currency. Man Xingyun, who has been clamoring to be listed on NASDAQ in the United States, has not been listed until now, which is obviously an original stock fraud. As for man Xingyun's e-money, it is even more fake, that is, the MLM money with blockchain
in July 2018, the headquarters and high-level houses of the group of manspace, a pyramid marketing organization, were banned. About 300 representatives from the Ministry of trade and consumption, the Malaysian company committee, the police, the National Bank and other law enforcement units went to 18 locations associated with the manxingyun group to carry out the crackdown, including the founder of manxingyun group, the residence of Dato srilai Caiyun, the residence of several senior executives and several manxingyun branches
of course, if you cheat, you will not be involved in the enforcement of the law.