Direct selling of digital currency
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"
Internet digital currency itself will not cheat people. Internet digital currency is just a tool, it depends on the people who use it
since 2013, digital currency has been popular all over the world, and has been on the front page of major news for many times
however, the digital money pyramid schemes also emerge one after another
the typical mode of digital money pyramid selling is to choose a ready-made one, or simply program yourself to invent a digital currency
1. Package several "experts", "elites" and "government officials"
2. Publicize all kinds of cases of making a fortune online and offline. Design the illusion of digital currency appreciation
3. The cheated directly invest to buy the digital currency
4. Give the cheated a compound interest reward or a direct rebate after the end of the investment cycle. Rewards are also digital money itself
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6. Organizers sell a large number of digital currencies for cash, and the currency price will drop sharply
7. Claiming to be attacked by hackers, claiming to be controlled by makers, resulting in the decline of currency price
8. Running
the pyramid selling of digital currency is a combination of general pyramid selling, Ponzi scheme and direct selling. Compared with general pyramid selling, digital currency pyramid selling has three additional characteristics:
1. And the packaging is very advanced
2. Participants can get a head pulling reward. The prize is the digital currency itself
3. Digital currency tends to appreciate as more people participate in the scam. Participants can obtain the growth of the number of digital currency itself and the growth of book converted legal currency, including the lowest level participants
conclusion: in the early stage of digital money pyramid scheme, it is pyramid scheme, and in the later stage, it turns into Ponzi scheme immediately.
the mainstream digital currencies in China include bitcoin, Wright coin, Ruitai coin, vitality coin, etc. It's better not to touch the marketing currency. It's too risky. It's just a digital game without any technical content.
this kind of coin does not exist in any way. The company sells Taishan coin as a kind of proct through direct sales channels. In fact, this kind of coin does not have any application scenarios or any value support. It is a drum beating and flower passing project. For this kind of currency, it is better to invest carefully. Taishan currency is different from bitcoin, Ruitai currency, Laite currency and Weimeng currency.