Characteristics of LCF digital currency

1. 1. Low transaction cost
compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to a third party, and its transaction cost is lower, especially compared with cross-border payment which provides high service charges to payment service providers
2. Fast transaction speed
the blockchain technology used in digital currency has the characteristics of decentralization, High anonymity
in addition to the point-to-point transaction without intermediary participation, one of the advantages of digital currency over other electronic payment methods is that it supports remote point-to-point payment, It doesn't need any trusted third party as an intermediary, and the two sides of the transaction can complete the transaction in a completely strange situation without mutual trust. Therefore, it has higher anonymity and can protect the privacy of traders, but it also creates convenience for cyber crime, which is easy to be used by money laundering and other criminal activities

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Digital currency is characterized by low transaction cost, fast transaction speed and high anonymity

1, low transaction cost

compared with traditional bank transfer, remittance and other ways, digital currency transaction does not need to pay fees to the third party, and its transaction cost is lower, especially compared with the cross-border payment that provides high handling charges to payment service providers

2. Fast transaction speed

the blockchain technology used in digital currency has the characteristics of decentralization. It does not need any centralized organization similar to the clearing center to process data, and the transaction processing speed is faster

3. High anonymity

in addition to the point-to-point transaction without intermediary participation, one of the advantages of digital currency compared with other electronic payment methods is that it supports remote point-to-point payment, and it does not need any trusted third party as intermediary, Both sides of the transaction can complete the transaction in a completely unfamiliar situation without mutual trust, so they have higher anonymity, which can protect the privacy of traders. But at the same time, it also creates convenience for cyber crime, which is easy to be used by money laundering and other criminal activities

extended data

the impact of digital currency:

digital currency is a double-edged sword. On the one hand, the blockchain Technology it relies on realizes decentralization and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular

On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

3. First, digital currency is anonymous. Second, digital currency is programmable currency. Third, digital currency is cryptocurrency. Fourth, digital currency is algorithmic currency. Fifth, digital currency is autonomous currency. Sixth, the operation of digital currency is based on distributed network.

4. This is a typical MLM. At present, it's a network employee who claims to give you points. Points can be exchanged for money, and goods can be purchased at a discount. But don't forget that you need enough offline to get these, otherwise you are a person who pays for others. The MLM organization is basically developed by women who want to make a fortune, I am also in this wechat group. I just want to see how they are going to develop. At present, I am sending out some photos of the so-called national leaders and LCF family every day (there are only two photos in total. I should say that they don't know who did it or where the photos came from). One is sending out some speeches about how you joined and the so-called president Liu Fujiang, At the same time, there will be some so-called promises that you will get those benefits after you join the organization, which will be sent every day, a very boring wechat group
bitcoin, Ruitai coin, Laite coin, vitality coin, these mainstream digital currencies will not have this marketing mode.

5. There are no five characteristics, typical marketing currency, direct selling currency or MLM currency
this kind of money has long been suspected as a pyramid scheme. Mutual aid disk, split disk, cloud mining machine, compound interest disk, dynamic and static disk are typical Ponzi scams. The existence of these projects has seriously affected the reputation of bitcoin, Ruitai coin, Laite coin, vitality coin and other normal digital currencies.

6. LCF has nothing to do with the Internet of things and digital currency, and some lawbreakers are carrying out false propaganda. LCF is not a reliable digital currency, which is a typical marketing currency
before that, some people questioned that in fact, the pyramid scheme is very similar to the scheme. Is it a scam? Just compare it with normal digital currencies such as bitcoin, Ruitai coin, Laite coin and vitality coin.

7. The Rothschild LCF project is actually a pyramid scheme or a marketing currency. There is no news that the Rothschild family has issued any digital currency. This kind of currency is similar to JP Morgan currency. JP Morgan currency often mentions JP Morgan in its publicity, but in fact it has no relationship with JP Morgan, and JP Morgan later made an announcement to get rid of it. Bitcoin, Ruitai coin and vitality coin are real digital currencies.

8. Latest news: the Rothschild family has issued a statement against LCF in their family. The statement clearly states that the family has never launched LCF in China, which is nothing and belongs to the illegal pyramid scheme. Participants should no longer cheat their relatives and friends (many new people don't know that they have been cheated and cheat their relatives and friends). New people should clean their eyes and stop being cheated—— Seagull teacher, eight years of Internet Finance veteran.