Virtual currency enterprises seized in Thailand

1. bitcoin has been regulated by the US government in the United States. The US Commodity Futures Trading Commission (CFTC) recently released a document saying that bitcoin and other virtual currencies are reasonably defined as commodities, just like crude oil or wheat. This means that bitcoin futures and options are subject to CFTC regulations and regulation. It is necessary to apply for a license to carry out bitcoin related business in New York State, otherwise it will be considered illegal. In California, the attitude of bitcoin and other virtual currencies is relatively friendly, but they need to be registered

in the United States, it is legal as long as we do not use virtual currency to carry out illegal activities. Fuyuan coin is registered in the United States, and treasure coin is also registered in the United States. However, according to relevant media reports, the Chinese Americans represented by Liu Longzhu are targeting an enterprise called Regal group. On September 29, the Chinese company in Los Angeles was seized. The company was accused of using a virtual currency called "treasure coin" to cheat investors by pyramid selling, and Jiang Kun's photo became their propaganda material. In mainland China, there are still people peddling "precious coins", but the peddler did not mention Jiang Kun to mainland buyers.

2. The Thai government has lifted the ban on blockchain and started to issue digital currency licenses, many of which are not yet in use&# 8204; If you want to get a digital currency trading license in Thailand, you apply to register a Thai company. The previous issue also talked about the registration process. In this issue, we will talk about the advantages and disadvantages of doing blockchain ICO project in Thailand< First of all, let's talk about Thailand and China:
first, Thailand and China are very close to each other< Secondly, the Thai government supports the development of blockchain with policy support

thirdly, the price of registered companies in Thailand is not high, and the cost performance is good.

of course, if there are advantages, there are disadvantages. Here we list the disadvantages as well:

first, political instability will lead to unstable economic development< Second, the follow-up service is not perfect and the price is high

thirdly, the maintenance cost in later stage is high

fourthly, the policy uncertainty is strong. According to statistics, there have been 19 military coups in Thailand since 1932. So it's also a big disadvantage

after analyzing the advantages and disadvantages, let's look at the comparison between Thailand and other countries. Take Singapore, which is close to him, as a popular place for blockchain registration. Compared with Thailand, Singapore has lower registration fees, perfect follow-up services and high cost performance. The most important thing is that Singapore is politically stable and economically developed, which is unmatched by Thailand

3.

Bitcoin is a kind of P2P digital currency

reasons for blocking:

1. Vulnerability of trading platform. The bitcoin network is robust, but the bitcoin trading platform is fragile. Trading platform is usually a website, which will be attacked by hackers or shut down by competent authorities

The transaction confirmation time is long. When bitcoin wallet is first installed, it will consume a lot of time to download historical transaction data blocks. While bitcoin transaction, in order to confirm the accuracy of data, it will take some time to interact with P2P network, and the transaction will be completed only after the whole network is confirmed

The price fluctuates greatly. Due to the intervention of a large number of speculators, the price of bitcoin for cash fluctuates like a roller coaster. Making bitcoin more suitable for speculation rather than anonymous trading

4. The public did not understand the principle, and the traditional financial practitioners resisted. Active netizens understand the principle of P2P network and know that bitcoin has no legal person to manipulate and control. But the public doesn't understand, and many people can't even tell the difference between bitcoin and q-coin“ "No issuer" is the advantage of bitcoin, but in the view of traditional financial practitioners, "no issuer" currency is worthless

extended materials:

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. 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 used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items

on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency

from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees

4. 1. "Treasure coin" is accused of pyramid selling fraud
2. In early 2015, the Public Security Bureau of Xuzhou City, Jiangsu Province, investigated and handled a pyramid selling activity organized and led by the dark money company to crack down on the illegal pyramid selling activities of the "dark money" company
3. However, the company's online pyramid selling means have been constantly upgraded and renovated. Recently, the branch of Huai'an Development Zone received a report. After the original website was sealed, the company operated the "ken coin" platform and continued to carry out illegal and criminal activities

there are many more reports about Yanhuang finance and economics. So: please pay attention to prevent the masses, find such network pyramid selling activities, and actively report, so that the public security organs can timely and effectively crack down.

5. The core task of mining is undertaken by the general computing power of the graphics card, and the data storage uses the ordinary mechanical hard disk, which can meet the operation requirements.

6. Melting fire can mine and harvest herbs, but can't pick clocks and watches
Mining pick for clocks and watches: it has a chance to pick the chain gear of clocks and watches (it has a high chance to buy one) and won't wear the same machine

7. The so-called Thai Conference itself is a momentum building conference, and the marketing promotion mode of this coin is suspected of MLM. Virtual money pyramid marketing mostly adopts this promotion mode, offline promotion, online promotion through social channels, mainstream media will not report. Later, the so-called Chuangshi team was so powerful that as long as they bought it, they could make money, as if there were no risks at all
it is recommended to stay away from these currencies. Virtual currency is generally carried out online, and there are great risks in virtual currency investment. Domestic well-known virtual currencies include bitcoin, Ruitai coin, gold card and so on.

8. Walk 340 meters from Xicun (Liwan) to entrance B of Xicun Station, take Metro Line 5 (take 6 stops) to Yangji station, then take Metro Line 1 (take 1 stop) to entrance a of TIYU West Road station. Take about 500 meters to 111 TIYU West Road
. Take about 520 meters from Xicun (Haizhu) to Changjiang department store trading city station, take No. 765 (4 stops) to Longtan Village Station (Jianghai Avenue), and then take No. 801 (4 stops) to the sports center station. Walk about 530 meters to 111 TIYU West Road

9.

In the online promotion period, you will get a classic card bag as a reward after winning the first time in the chaos mode every week

it is not known what special rewards will be given after the promotion period; Your daily tasks can be done in a fight

similar to the normal mode, you can get 3-10 gold

< H2 > extended materials: < H2 > "hearthstone legend: Legend of Warcraft heroes"

is a set exchange card game developed by Blizzard Entertainment. The exclusive operation of Chinese mainland is represented by NetEase. The background of the game is set in Blizzard's Warcraft series, with nine characters in Warcraft as nine different professions. What the players have to do is to set up the appropriate card group according to their existing cards, command the hero, drive the followers, cast the magic, and compete with the game friends or unknown opponents

on March 13, 2014, the global synchronization was officially put into operation. In 2014, he won the best mobile game of tga2014 game award, and in 2015, he won the second Sxsw game award