Digital money MLM people's network

1.

We need to call the police. This belongs to currency fraud. We can't blindly trust the virtual investment platform that can easily earn a lot of money. Fraud gangs often use "small investment, big income" as t to let investors taste the sweetness first and then increase investment, so as to achieve the purpose of fraud

at present, the so-called "digital currency" in the market is not legal digital currency. The so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. It is necessary for the general public to raise their risk awareness, invest rationally and prudently, and prevent the interests from being damaged

extended information:

five ways to distinguish whether digital currency is MLM currency. virtual currency does not rely on specific monetary institutions to issue, it is based on a specific algorithm, generated through a large number of calculations, is a decentralized way of issuing. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode. Virtual currency is a kind of sporadic transaction formed spontaneously in the market. After the scale is formed, the third party graally establishes an exchange to complete the transaction. The MLM currency is issued by an institution and traded on its own platform

3. The virtual currency itself is an open source program, maintained in the GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

Whether the source code link is given. The general decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. What MLM currency focuses on is the transaction process of recharge purchase, not to mention its operation mechanism, and even the website does not have the link address of the source code

5. Whether the official website starts with HTTPS. In general, the addresses of the official website and trading website of decentralized digital currency begin with HTTPS. The purpose of this kind of website is to protect users' data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

2.

Basic routine: the "trading market" of MLM digital currency is basically controlled by specific institutions. In order to attract investors' investment in the early stage, the currency price may be very high. Once the time is ripe, it will be sold intensively, and the price will plummet, and the investors will lose all their money

There are three characteristics of digital money MLM:

1. Digital money is a real proct, and it is highly packaged

2. The participants can get a head pulling reward, and the prize is the digital currency itself

3. Digital currency will appreciate with the increase of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain, but in the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency. They are: treasure money, Baichuan money, SMI, MBI, mark money, Diablo money, mmm, Fuda compound wealth management, carat money, V treasure, Vicat money, petroleum money, Huaqiang money, CB aiib Hong Kong Group, Yuansheng, Morgan money, beta money, WorldCom, u money, Jubao, 21st century fox, Wanxi wealth management, Wanfu money, Wuxing money, Yi money, Zhonghua money, etc

extended materials:

five ways to distinguish whether digital currency is pyramid selling currency:

1. Issuance mode

virtual currency does not rely on specific monetary institutions. It is proced by a large number of calculations according to specific algorithms, and is a decentralized issuance mode. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

2. Transaction mode

virtual currency is a kind of sporadic transaction spontaneously formed in the market, which is graally completed by a third party establishing an exchange after the scale is formed. The MLM currency is issued by an institution and traded on its own platform

3. Implementation method

virtual currency itself is an open source program, which is maintained in GitHub community. The parameters and methods of the total amount limit are shown in the open source code. The open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, so its essence is controlled by the website like Q currency

4, whether to give the source code link

General decentralized digital currency will give the source code link in the prominent position of the official website, so as to show the operation mechanism of the monetary system openly and transparently. The MLM currency focuses on the transaction process of recharge purchase, but does not mention its operation mechanism. Even the website does not have the link address of the source code

5, whether the official website starts with HTTPS

generally, the addresses of the official website and trading website of decentralized digital currency start with HTTPS, and the purpose is that this kind of website can well protect the user's data from illegal theft. But the official website of MLM currency, trading website and other related websites do not start with HTTPS

3.

The digital currency of Internet of things in China is pyramid selling

China's Internet of things digital currency, namely LCF Internet of things digital currency, is one of the 43 false projects and organizations of national assets unfreezing fraud crimes announced by the Ministry of public security on February 1, 2019

the Internet of things digital currency claims that e to China's dominant position in the future Internet of things, the country will create a "China Internet of things integrated digital currency platform", which is a real national project

statement of the central bank: LCF Internet of things digital currency is a fraud in the name of the central bank. The central bank has clearly stated that the digital currency issued by the central bank in the future:

1. Wechat and wechat group will not be used for digital currency promotion

2. Anyone only needs to go to the bank counter directly to open an account, and the use method is the bank's online banking. There is no need for recommender, wechat report and Internet of things registration

3. No points will be given or exchanged

4. There will be no value-added splitting, so you can buy as much as you want

5. There will be no such identity as group leader, regional manager, regional director and lecturer.

6. The release time has not been specified yet, and it is still in research and development, so it will not be released soon

7. It will only be issued through commercial banks, not through any indivial company

extended information:

a few days ago, the netizen "Shanshui" received a message about "LCF". He was not sure whether there was any fishiness in it, so he asked Weihai evening news for confirmation

the information is as follows: "LCF Internet of things group, specifically, is a comprehensive platform of Internet of things + virtual digital currency + original stock + consumption rebate jointly built by the Chinese government and the Rothschild family. It is a wealth platform tailored for the Chinese people. In the early stage, the Rothschild family made profits of 1 billion and gave points to high-quality members, At present, there is a chance to get 1000-20000 points before the opening, 1 point and 1 LCF = 3 yuan

after the preferential period, the person who gets the number means that he can register as a member. If the registered member succeeds, he can see the company's free bonus points on his own account. What can integral do

the free points can be circulated in the platform for shopping, tourism and insurance. After the official opening, the platform will connect 50000 shops, 100000 kinds of famous and high-quality procts at home and abroad, 100 types of grounding gas insurance, and 500 boutique tourism routes. Early gift points, we are zero investment, zero risk, do not pay a cent yo

the reporter consulted the Economic Investigation Department of Weihai Public Security Bureau. The economic investigation department said that the project has been confirmed as suspected of illegal pyramid selling and fraud by the police in many places in China, and its communication mode conforms to the definition of pyramid selling. The main targets are housewives and middle-aged and old men who don't know much about the Internet

through the registration of free virtual points, posts and other incentives to join the organization, and constantly develop offline, in exchange for the so-called virtual points. After entering the group, first modify the nickname, report personal data, and brainwash through text, lectures, voice sharing, and then carry out fraud. When people encounter this kind of information, they must be alert and not fall into a trap

source of reference: Network Internet of things digital currency project

source of reference: People's network Ministry of Public Security announced 43 false projects and organizations of national assets thawing fraud crime

source of reference: Qilu network Weihai police to remind you: "LCF project" is not reliable, don't believe it

4. As if it were
the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud. The general public should raise their risk awareness, invest rationally and prudently, and prevent their interests from being damaged
the legal currency of China is RMB. RMB shall be uniformly printed and issued by the people's Bank of China. No unit or indivial may refuse to pay all public and private debts within the territory of China in RMB. The general public should establish a correct concept of currency, take good care of RMB and jointly maintain the normal circulation order of RMB
the functions of the monetary gold and silver Bureau of the people's Bank of China include the formulation and implementation of relevant monetary issuance and gold management measures; Undertake RMB management and anti-counterfeiting work.

5. There is no evidence that Phoenix has ever issued digital currency. If Phoenix wants to issue digital currency, there will be relevant news reports. Therefore, the phoenix net issuing digital currency is a false information. More than 80% of this kind of money is MLM money. Before the JPMorgan dollar is also under the banner of JPMorgan for false publicity, and finally disappeared without a trace
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.

6. In my opinion, MLM is directly related to money, but how much commission a person gives to the person above. To put it bluntly, the situation of pyramid is totally different from that of direct selling.

7. The so-called digital currency is MLM empty handed set white wolf