Digital currency involves MLM

1. 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.

2.

Digital currency is a new technology that can improve the efficiency of transaction, but it is targeted by lawless elements to carry out pyramid selling and fraud in its name

the official website of the monetary Bureau of the people's Bank of China issued the risk warning on issuing or promoting digital currency in the name of the people's Bank of China. The central bank pointed out that recently, indivial enterprises falsely used the name of our bank to label relevant digital procts as "authorized issuance by the people's Bank of China", or falsely claimed that the digital currency promotion team of the central bank issued, in an attempt to deceive the public and take the opportunity to make huge profits

in the risk warning, the central bank stressed that the bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. At the same time, 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 the interests from being damaged

Yan Lixin, Professor of School of economics of Fudan University and Secretary General of China Anti Money Laundering Research Center, said that many domestic virtual currencies have been used by criminals to become the targets of pyramid schemes. "With the rapid development of the Internet age, the essence of pyramid schemes has not changed. What has changed is only its means and forms. From offline to online, physical objects have become virtual objects, In this case, the risk is greater, and it is more difficult for consumers or investors to stop loss, rece loss and safeguard their rights. "

"the legal tender of our country is RMB." In the risk warning, the monetary Bureau of the people's Bank of China once again stressed that RMB is uniformly printed and issued by the people's Bank of China

3. 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.

4. 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.

5. The popularity of digital currency has something to do with MLM, but digital currency is not MLM. Some MLM projects are just MLM activities under the guise of digital currency. This year's digital money market really has a lot of money, and pyramid schemes have boosted the bubble of the digital money market to a certain extent.
years later, the whole digital money market has undergone a lot of adjustments. With the sudden changes in the instry, the breakout of blockchain projects has accelerated, and the MLM projects continue to make money. It is inevitable that the instry will be washed. However, some reliable projects are still good, such as wikilink and quantum chain.

6. There are a lot of them. Go to the regular exchange, such as bitbuffer, fire coin, coin security, etc.

7. 1. If it meets the following characteristics, it may be suspected of pyramid selling:
① entry fee (whether to pay the capitation fee): whether it is necessary to subscribe for goods or pay fees to obtain the qualification to join or develop the qualification of others to join, so as to seek illegal interests
② pull the head (whether it is necessary to go down the proction line): whether it is necessary to develop others to become their own proction line, and pay the developed personnel according to the number of their direct or indirect rolling development, so as to seek illegal interests
③ payment method (whether rebate at different levels): whether the payment is calculated on the basis of direct or indirect development personnel to seek illegal interests

2. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk

warm tips: the above information is for reference only. Before investing, it is suggested that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
the above information does not constitute any investment proposal, and investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any trading operation
digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
response time: January 19, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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8. First of all, bitcoin has no account, it's all address
unless it's an account registered in the exchange, it's also your exchange's account, there's no bitcoin account
if you haven't registered, it's fraud. As for your bank account, if you don't have your password, it won't be charged, so you can pay attention to the balance change

9. As long as you take good care of your bitcoin wallet, you can prove that this bitcoin is yours.
to ensure the safety of your wallet, you can go to bitcoin channel to read the corresponding articles