Fenghuang finance digital currency community
Vpay digital currency is MLM
Vpay digital money MLM organizations obtain wealth by developing personnel and requiring them to pay a certain fee to obtain the qualification. The essence of vpay digital money pyramid scheme is "Ponzi scheme", that is, the later's money is distributed to the former's incomevpay digital currency is a new type of MLM: it doesn't restrict personal freedom, doesn't accept ID cards and mobile phones, and doesn't take big classes collectively. Instead, it uses capital operation as a banner to pull people to cheat money, drives luxury cars, wears gold and silver, and uses money to attract relatives and friends to join, and finally achieves the point of no return
extended materials
features and precautions of MLM:
no matter how the MLM organization changes face, only three features need to be seen:
1. Whether it needs to subscribe for goods or pay fees to obtain the qualification to join
2. Whether it is necessary to develop others to become their own downline and form a hierarchical network
Whether the remuneration and bonus are calculated on the basis of the number of directly or indirectly developed personnel or sales performance, the income of participants is not from the reasonable profits from the sales of goods or services, but from the fees paid by others when they join. As long as these three characteristics are met, it is definitely MLMmethods to distinguish direct selling from pyramid selling:
at present, 71 direct selling enterprises have obtained direct selling license, and 19 collimating enterprises have applied for direct selling license. According to the regulations, direct selling procts should meet the national certification, licensing or mandatory standards: cosmetics, health food, cleaning procts, health equipment, small Kitchenware and other five categories. Financial investment, tourism and other procts are not included in the regulations
reference source: Fenghuang finance and Economics - the end of vpay pyramid scheme
reference source: Xinhuanet - guard against "digital currency trap"
if you don't confirm whether it's MLM currency or not, compare it with mainstream digital currencies such as bitcoin, Ruitai, Weimeng and Laite.
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.
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the distance is about 46-47 km