Ontology virtual currency crowdfunding
this kind of MLM operation has the following characteristics:
1. Most of the above currencies are issued in a non constant amount, only speculation, and no commercial application
2. All of them belong to online financial pyramid selling, and the servers are all overseas, so it is difficult to investigate and deal with them
3. Short running cycle. Generally 3-6 months, to return money to the peak directly shut down the network running, change a vest to come back
digital currency crowdfunding platform the tokens of different crowdfunding projects on coin Ying China platform belong to application-oriented digital currency, with the mortgage of real assets, but the income is not high. bitcoin and Leyte are traditional high-risk and high-income currencies.
Bitcoin is a scam
because bitcoin is a kind of virtual currency, most of which are unregulated and bypass the traditional banking system. Its sharp rise worries regulators around the world. Jamie Dimon, JPMorgan's president, described bitcoin as & quot; A scam & quot;. Because compared with bitcoin, it's not real, it's going to end in the end
virtual currency similar to bitcoin is based on blockchain technology. It is a kind of accounting technology using anonymous computer network operation. No government or central bank has endorsed bitcoin. Therefore, no one can support the value of bitcoin
extended information:
pyramid selling is to absorb and allocate funds by developing the relationship between the upper and lower line. In the bitcoin investment market, the elderly and new people do not have the time advantage, nor do they rely on high profits to pull down the line. In the face of market fluctuations, no one can guarantee that they will make money, and the elderly can not force them to get income from pulling new people
bitcoin or other digital currency does not belong to any person or organization. It is an uncontrolled and decentralized program. The code is fully developed, and the total amount cannot be modified or destroyed
if you log in at home, the network will be restricted
the problem is that it is difficult to realize.
as long as it does not violate the local laws, there is no legal risk.
lack of proper management will bring credit risk. For China, the market risk of virtual currency needs special attention . An important reason is that there are a large number of Chinese investors participating in it, and the level of participation is very high, involving a large number of ordinary investors. In the past 2017, China's bitcoin trading volume accounted for more than 80% of the global trading volume, ranking first in the world. China has the largest bitcoin in the world; Mining & quot; And more than 80% of & lt; Mining machinery;. At the same time, China is also a hot area in the global ICO market. More than 100 ICO projects can be detected, involving more than 5 billion yuan and more than 500000 participants. Due to the adoption of Internet crowdfunding mode, investors can participate in virtual currency investment and ICO projects without any investment threshold and appropriate management
there is a risk of disrupting market order to maintain market stability. Unlike the legal tender issued by the central bank, the issuance of virtual currency has no & lt; Currency anchor & quot; And the real economy. It's just a set of virtual symbols under code rules. At the same time, its decentralized mechanism and anonymity are consistent with the current centralization. There are natural conflicts and contradictions among mobile currency, regulated financial market system and centralized regulatory framework. If the virtual money market surges, it will have a huge impact on the current monetary policy, payment and settlement system and financial market stability