Is network virtual currency equal to MLM

1.

virtual currency is not MLM

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, QQ currency of Tencent company, q-point, voucher of Shanda company, micro currency launched by Sina, chivalrous Yuanbao, silver pattern. Digital currencies include bitcoin, Wright coin, infinite coin, quark coin, zeta coin, barbecue coin, penny coin, invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world

< H2 > development materials:

network virtual currency can be roughly divided into

the first category is the familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency

the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services

the third kind of virtual currency on the Internet, such as bitcoin and Wright currency. Bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency

< H2 > reference: virtual currency network

2. China has banned these virtual currencies< (2) no organization or indivial is allowed to illegally engage in token issuance and financing activities
from the date of this announcement, all kinds of token issuance and financing activities shall be stopped immediately. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects< Fifth, the public should be highly alert to the potential risks in the financing and trading of token issuance
there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors should bear the investment risk on their own, and hope that the majority of investors will be wary of being cheated
for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues< br />2017-09-04

3. Virtual currency is not MLM, but virtual fraud under the guise of bitcoin or virtual currency is not uncommon. In fact, they have nothing to do with virtual currency. The virtual currency represented by bitcoin is completely legal in China. In 2013, in the 12.5 bitcoin risk notice, the central bank and other five ministries and commissions clearly defined bitcoin as a special Internet commodity. People can buy and sell bitcoin freely at their own risk, denying its currency attribute. Zhou Xiaochuan, the governor of the central bank, regards bitcoin as a tradable asset like a stamp. The central bank has no right to ban it.

4. Internet users in the group of EGD anti evangelists speak. Pyramid schemes come out every year, and waistcoats are often changed. My Lord, the next conclusion is that this BBT is MLM, a Ponzi scheme. Why? This BBT often claims to be the second generation of bitcoin, which is more advanced and safer. Let's compare it with bitcoin. First, I have to pay the entrance fee. I'm familiar with that, right? Do you have to pay a fee to be a dealer to do some great "direct selling" business? Did bitcoin ask you to pay? No, And this BBT requires you to pay a sum of money first. At present, a miner costs 800 RMB. The second one pretends to be mysterious, and the source code is temporarily closed. Since it is decentralized and there is no human control, the disclosure of source code is a necessary condition. What needs to be kept secret? If it's confidential, is there a conspiracy? The bitcoin mining source code is open from the beginning. The third development is offline. In the process of BBT promotion, people are constantly pulling the line and leaving contact information such as QQ wechat. The purpose is to pull the line and get a commission. Can you see this phenomenon in the promotion of bitcoin?

5. The business model of virtual currency is the same as that of MLM, and bitcoin is the most famous virtual currency
however, the attitude of regulators is clear. Whether it is genuine bitcoin, or a variety of derivative Shanzhai coins, there is no way to obtain legal living space at present. This is something we need to be clear about. If the platform goes out of business or the staff runs away, it is very likely that they will lose all their money and the losses they have suffered will not be protected by law
the promises they give you often make the participants pay money quickly. Behind them is the Ponzi scheme of "robbing the east to pay the west" + "cheating the white wolf with empty hands". They use the money of new investors to pay interest and short-term return to old investors, so as to create the illusion of making money and cheat more investment. When no new investors enter, the return of old investors collapses one after another, and it is often difficult to withdraw cash, or the website cannot be opened
in short, although the external form of virtual currency is ever-changing, it is not divorced from its essence of pyramid selling. The more investors put in, the greater the final loss, and the more serious the loss may be.

6. Under the guise of virtual currency, 90% of pyramid schemes in China can be classified as pyramid schemes. And the real virtual currency does not need to pull people to hype the market.

7. MLM requires pyramid distribution of profits, and it is called MLM if it requires to collect membership fees through the development of offline marketing

8. Nowadays, many online pyramid schemes are under the guise of virtual currency. The fraud of virtual currency pyramid schemes is very rampant. Moreover, this kind of fraud has a wide range of design, a large amount of money, and it is relatively difficult to crack down on. The police are often at a loss and run rampant ring their term of office. They can only focus on cracking down on some relatively rampant scams
to see if a coin is a pyramid scheme, compare it with bitcoin, Ruitai coin, Laite coin and vitality coin.

9. There are a lot of virtual money to do pyramid selling