Lecture materials of digital currency mutual aid panel
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency.
FT is not a coin. Ft (fcoin token) is a token issued by fcoin trading platform, which is the representative of all rights and interests of the trading platform. The issuance of FT is based on the principle of "transaction is mining" (see the mining principle) and graally released (see the description of circulation), with the upper limit of 10 billion and never increasing
as the representative of platform equity, the platform will distribute 80% of the income to FT holders (check the details of income distribution). At the same time, FT holders have the right to participate in major decision-making and community management
{rrrrrrr}
extended data:
value of fun coin global common points (FT currency):
1. Transaction mining reward: from 0:00 (UTC + 9) every day, 110% of the transaction fees generated by users will be converted into ft for accumulation, and the conversion price will be calculated according to the average price of FT in that hour (the average price calculation method is total transaction amount / total volume)
2. Bonus reward: 50% of the platform's handling fee income will be distributed to FT holding members as dividends
3. Buy back plan: 20% of the platform's handling charge goes into the buy back fund. When the price of FT fluctuates greatly; All users can enter a public address without private key, and this address can only enter but not exit. All users can effectively supervise through the block browser. The repo program continues until 50% (1.5 billion) ft of the total repo amount
4. Asset injection plan: 20% of the service charge of funcoin platform will be injected into ft assets. The purpose of the fund includes, but is not limited to, dividends for FT users again at a specific time, airdrop rewards, setting up special user reward mechanism, etc
Digital currency is a kind of legal tender, which must be issued by the central bank. Both digital gold coin and cryptocurrency belong to digital currency, which is not a network virtual currency, because it is not limited to virtual space, but is often used for real goods and services transactions, such as bitcoin, Wright coin, bitstock, etc. at present, there are thousands of digital currencies issued around the world
extended data:
1. Impact on financial infrastructure
the decentralized mechanism of value exchange based on distributed ledger technology has changed the basic settings of gross and net settlement on which financial market infrastructure depends. The use of distributed ledgers also poses challenges to trading, clearing and settlement, as it promotes the disintermediation of traditional service providers in different markets and infrastructures. These changes may have potential impacts on market infrastructure other than retail payment systems, such as large payment systems, securities settlement systems or trading databases
If digital currency and distributed ledger based technology are widely used, it will bring challenges to the intermediary role of financial system participants, especially banks. As a financial intermediary, banks perform the ties of acting supervisors and supervise borrowers on behalf of depositors. Usually, banks also carry out liquidity and maturity conversion business to realize the financing from depositors to borrowers. If digital currency and distributed ledger are widely used, any subsequent disintermediation may have an impact on savings or credit evaluation mechanismsFuyuan coin, formerly known as fortune coin, or FTC for short, is a new type of decentralized digital encryption virtual currency, which is operated as a whole by the China US Association for the promotion of encrypted digital currency. Fuyuan coin will be used in all enterprises of the global jewelry Association in the future, mainly through the digital currency into points, to create a decentralized business circle, to promote business cooperation and expand business scope. At present, some large financial, trade, energy and other traditional enterprises at home and abroad are trying to develop this new business model (www.saidi.com)
ISO 4217 current common three letter code (currency only, (excluding funds) list (in code order):
AED UAE dirhams
AFN AFN AFNI
all Albania Lek
amd Armenian DRAM
AOA Angola Kwanza
ARS Argentina Peso
aud Australian dollar
AWG Aruba Florin
Azn Azerjani manat
BAM Bosnia and Montenegro Brother Mark can be exchanged for
BBD Barbados
BDT Bangladesh Taka
BGN Bulgaria Lev
BHD Bahrain, Burundi, Bolivia,
BIF,
BZD Belize dollar
CAD Canadian dollar
CDF Congo franc of the Democratic Republic of Congo
CHF Swiss Franc
CLP Chilean Peso
CNH Chinese yuan (Offshore)
CNY Chinese yuan (onshore)
cop Colombian Peso
CRC Costa Rican Franc
CUC Cuban Convertible Peso
cup Cuban Peso
CVE Tekok Escudo
CZK Czech Krona
DJF kibuti Franc
DKK Danish Krona
DOP Dominica Peso
DZD Algerian Dinar
EGP Egyptian Pound
ern Eritrean Nakfa
ETB Ethiopian bill
EUR Euro
FJD Fijian dollar
FKP Falkland pound
GBP pound
gel Georgia Lali
GHC plus Nasidi
GIP gibraltarian pound
GMD Gambia darasi
GNF Guinea Franc
GTQ Guatemalan gerchal
GYD Guyana dollar
HKD Hong Kong dollar
HNL Honras lempila
Hrk Croatian Kuna
HTG Haiti Gude
HUF Hungarian Forint
IDR Indonesian rupiah
ILS Israel New Shekel
INR India Rupee
IQD Iraqi dinar
IRR Iranian Riyal
isk Icelandic krona
JMD Jamaican dollar
jod Jordanian Dinar
JPY Japanese yen
kes Kenyan Shilling
kgs Kyrgyz SOM
KHR Cambodian Riyal
KMF Comoros Franc
KPW Korean won
KRW Korean won
KWD
Kyd Manwon
KZT Kazakh Tangi
LAK Laos Kip
LBP Lebanon pound
LKR Sri Lanka Rupee
LRD Liberia dollar
LSL lesotholotti (plural: Maloti)
LTL Lithuanian Lite
LYD Libya Dinar
mad Moroccan dirhams
MDL Moldova Lei
mga Madagascar ariari
MKD former South Macedonia Dinar
MMK kyat
MNT Mongolian Tugrik
mop Macao dollar
MRO Mauritania ugiya
Mur Mauritian rupee
MVR Maldives rafia
MWK Malawian Kwacha
mxn Mexican Peso
Myr malaysia ringgit
mzn mosanbikmetikal
nad Namibian dollar
NGN Nigerian naira
NiO NiGa Laguacodopa
NOK Krona
NPR Nepalese Rupee
NZD New Zealand dollar
OMR omannan Riyal
PAB Panama Balboa
pen Peru new SOL
PGK Papua New Guinea kina
PHP Philippine Peso
PKR Pakistani rupee
pin polanzroti
pyg Paraguay Guarani
QAR Qatar Riyal
Ron Rome Nyaliyee
RSD S.D.
rub R.R.
RWF r.f.
SAR Saudi Riyal
SBD Solomon Islands dollar
SCR Seychelles rupee
SDG Sudan Sudan pound
SEK Krona
SGD Singapore dollar
SHP St. Helena pound
SLL Sierra Leone Leon
SOS Somali shilling
SRD Suriname dollar
SSP South Sultan, South Sultan pound
STD, Sao Tome and Principe
SYP Syria pound
SZL Swaziland lilangi (plural: Ma Lan, Gini emalangeni)
THB />THB baht
TJS Tajikistan, sopone, Turkmenistan, Turkmenistan, Ma NAT toutnisi, Nagi, Tonga, new Turkey, Lila, Trinidad, and Tobago dollar
TWD NT dollar
TZS Tanzanian Shilling
uah Ukrainian hryvna
ugx Ugandan shilling
USD
uyu Uruguayan Peso
uzs uzbeksum
VEF Venezuela Bolivar
vnd Dong
VUV Vanuatu
WST samoatara
XAF China Africa Financial Cooperation Franc (CFA Franc)
XCD ECD
XFU UIC Franc (special agreement currency)
xof CFA franc (West African Franc)
XPF Pacific Franc (CFP Franc)
yer Yemen Riyal
Zar South African rand
ZMW zambia kwacha
As a blockchain digital currency practitioner to answer:
just two days ago, someone asked the same question as you. If you encounter a problem, you should understand it first. If you don't understand it, you can look up information online or ask online, but you can't just encounter your own knowledge blind area and think that it's either pyramid selling or fraud
PMD now belongs to the secondary market trading currency, which can make money according to the market
1. The illegal instry is pyramid selling. Check Article 7 of the regulations on prohibiting pyramid selling issued by the State Council in 2005. If you still can't judge, go to a lawyer for consultation. In order to avoid being cheated, you should consult a lawyer, remember to go to a regular law firm, and don't let those who have joined the company recommend it
2, the probability of making money is 1-2%, only a few upper level operators will make money, and the rest are refugees. Why do you say that? If you don't work to a certain level, you don't know the trick. The biggest loophole is the rearrangement and preemption mechanism when someone is out. Because the turnover needs to be split into three teams, and at the same time, there are many people who are not qualified to go to level C and are out of the game. At this time, the personnel need to be rearranged to form a team. At this time, the leaders will put the capable in one team according to their preference, and the ones without development potential in another team, so that they can self destruct and crowd them out, If you can't get back the capital, blame your own development. Let's talk about the "4 + 1" and "5 + 2" cooperation mechanism, which allows indivials to skip the A and B levels, go directly to the C level, and start taking money before most people, which is equivalent to depriving most people of equal opportunities to make money in disguise, which is not very fair in itself. If you are not familiar with the instry rules, you will not know. This thing is a money game. The money paid by the people behind will be distributed to the people in front. In this process, capital does not enter the real economy and does not proce any value wealth. How can there be such a high rate of return
3. After working, you will find that you can't afford to spend time. It's just theoretical calculation time. In practice, it's too difficult to develop people. It's a long process. At the same time, it's under great pressure. The team's development is too slow. The introced friends have begun to resent their deception and worry about being hit all day. They are in a dilemma
4, it's too difficult to develop personnel: first, 49800 is too much money, the threshold is high, even if someone wants to do it, they have no money. Second, people's awareness of prevention has been greatly strengthened, and they all have a certain degree of judgment. You took 1.2 million, how many people have to fill this pit? It's just bosha game. It takes advantage of people's greedy nature. They all hope that they are not the final receiver. Don't you know that the probability of you becoming the final receiver is as high as 99%
5. After the follow-up continuous investment reaches level C, the expenses for renting, eating, living, and new people's inspection will have to be paid when the time comes. After a line reaches level C, it is not likely to make money
6. For the sake of social stability, the state will not allow such financial chaos to exist. Especially now all kinds of funds, mutual aid, virtual digital currency (bitcoin should have heard of), too many bankruptcies and runaways, the impact is too bad. Qianbao.com has just fallen, involving more than 50 billion yuan. Its investors are still appealing to Beijing. The 18 year national central economic work conference has set the tone of putting a heavy hand on the rectification of financial chaos. The possibility of being hit is great. On January 19, 2018, 43 MLM leaders were arrested in Beihai, Guangxi, and there were relevant reports on the Internet. In the "8.04" MLM case in Shanghai, more than 5000 copies of MLM personnel information were piled several meters high. Is it not a tragedy that living standards "return to pre liberation overnight"
7. Spend two years and energy to understand a scam. When the job is gone (I have to resign to be a full-time job and stay in a different place after going to c), the money and friends are gone, and the loss is too serious
8. It has been more than 20 years since this model entered China in 1996. It is no longer the "first opportunity", and the market has been developed almost. The fool has learned, no longer stupid. Bo silly game, no fool how to play
9. The team leaders you see drive a good car, wear famous watches, have a friendly attitude, and have a good team relationship. That's just what they need to work, and it's packaged to cheat you
making money depends on opportunities, seizing opportunities and taking risks, which is in line with the "28 law". However, this is definitely not an opportunity or an opportunity, and this risk is not worth taking
10, an open letter of advice written by a person who has personally experienced the "private mutual financing" of MLM in Beijing
a general manager and his sister-in-law, Hello
we have successfully returned from Beijing. Thank you very much for your hospitality! But I have a few intimate words as follows, please don't blame me
mutual financing, risk sharing, that's no problem. But it has nothing to do with what you do. Any investment has risks, and any profit includes labor. Otherwise, it's a hoax
this trip to Beijing is one of the great humiliations of my life. I'm very grateful to you. I'd like to tell you sincerely. As brothers and as members of the democratic parties
Marx said that getting something for nothing is exploitation. This is the root of the inevitable demise of capitalism and all private classes. Today is not dead, the time has not come< As far as this incident is concerned, the problems are as follows:
first, all the videos about national policies and leaders' speeches are re edited and added with illegal content, which is by no means the original. But it's a trick. What national projects, invisible economy, not allowing local people to participate in, are all bullshit. But for the convenience of controlling others! I believe brother and sister-in-law know it
Second, the so-called project to create 700 million middle class is nonsense. I would like to ask you how many entrants will you get if you make 1.5 million out of the game to reach 700 million and 1.5 million per capita? Are there so many people in China? Not to mention how many people make 4.5 million! This alone is a fraud. Even if there is no effective attack in a certain period of time and the development is smooth, only a few people will benefit, while the majority will inevitably suffer. It's not a sharing economy at all, but a typical illegal enrichment
thirdly, it's not MLM that there are no commodities. I don't even know the basic economic knowledge. Isn't money a commodity? Every penny contains a certain amount of labor. Money is a monetized commodity. It is a special commodity that serves as a general equivalent to facilitate trading. I think it's not that I don't understand it, it's just that I change my concept and deceive the ignorant
four, one-time investment, only 49.8 thousand yuan, no more money. Isn't 498, 000 money? Why not meet the requirements of illegal pyramid selling? And this money has nothing to do with the payer. It's divided up by all levels of staff on the line. What do you say to be the boss first and pay others! How can others divide up this money? What's the reason for getting something for nothing? Moreover, once you pay, you will be firmly tied. Is Beijing easy to stay? No money for basic necessities of life? What should we do if we can't pull people down for a long time? Costs will only go up indefinitely. To pull down a person is to pass on the risk and harm another person. The more you pull, the more you hurt! Therefore, I sincerely advise my brother and sister-in-law to go through endless hardships, turn back and become a Buddha. My little brother is sincere. Otherwise, the small will harm others and oneself, and the big will harm the country and the people. I don't want to see you. I can't bear to make a big mistake
although the national policy is good, allowing private capital to interact with each other, develop appropriately and obtain benefits, it is by no means what my brother said
from the bottom of my heart, if you offend me, please forgive me
I hope more people will see this letter. If you avoid being cheated, there will be no pie in the sky. If you get something for nothing, it will be a trap. Second, for those who are unfortunately involved, we hope to get out of the misery as soon as possible. Third, I hope the government and police can find out in time, crack down on the organizers and protect the masses
this is a warning!
my friend, after listening to the mode of "private voluntary mutual financing", do you feel like you have to do it? Then, please read the following words carefully, and then find 3 people you think are closer and more intelligent to help you analyze this matter, calm down for 3 days, and then make a decision. Of course, I make my own decisions
this model is basically like this: invitation with lies, no restriction on personal freedom, free food and accommodation, 5-7 consecutive days of classes (maybe you don't think it's a class, but just a conversation between people). It's this process that applies the false truth effect and conformity psychology of Psychology. Psychological research has agreed that repeating a point of view can make it credible, no matter how unreliable it is. It can even make you unable to use the correct knowledge and common sense to judge things right and wrong. That's why you don't tell what you're going to do before you go, but take the form of a lie invitation. Don't you realize that you were cheated in the first place? He paid 49800 yuan to join the company, introced his friends to make money, and claimed that the instry had not legislated, and the state did not crack down on it or advocate it. There is no fund pool in the mode, and the money is allocated within 24 hours. Public and jump platoon are implemented, allowing cooperation to seize the point, entering a higher level ahead of time, and gaining benefits ahead of time. Fair, mutual aid, publicity 1-2 years can earn 1.2 million, development can not be guaranteed out of the game, using triple double, out system. Claim that similar to endowment insurance, lottery, the state allows the existence of endowment insurance has such a high rate of return? How many years do you pay and how much do you get when you get old? Is that the same? If the winning rate of lottery is only a few ten thousand, and the probability of making money in your instry is only such a little, what else can I do
let's analyze the biggest loophole in this instry and the nature of this scam
1. The illegal instry is pyramid selling. Check Article 7 of the regulations on prohibiting pyramid selling issued by the State Council in 2005. Don't think that if you don't restrict personal freedom, it's not MLM. If you really can't judge, go to a lawyer for consultation. In order to avoid being cheated, you should consult a lawyer, remember to go to a regular law firm, and don't let those who have joined the company recommend it
2. Objectively speaking, there are those who make money, but the probability of making money is 1-2%. Only a few upper level traders will make money, and the rest will lose money more or less. Why do you say that? Most of the time, they can't even turn the market over for a long time, or they are reported to be beaten and sent back home. They don't know who to ask for money from, and they end up with nothing. Let's think about it. Since there are those who make money, there must be those who lose money, because this money game itself does not proce any wealth proliferation. How many latecomers have to fill this pit if they get 120W or 450W. Even if the development is not good in 8 to 10 months as they publicize, after two turnovers, they will get 51000 yuan, which will be ejected from the system. But what about your energy, time and expenses ring this period? Isn't that a cost? If you don't work to a certain level, you don't know the trick. The biggest loophole is the rearrangement and cooperation mechanism when someone is out. Because the turnover needs to be split into three teams, and at the same time, there are many people who are not qualified to go to level C and are out of the game. At this time, the personnel need to be rearranged to form a team. At this time, the leaders will put the capable in one team according to their preference, and the ones without development potential in another team, so that they can self destruct and crowd them out, If you can't get back the capital, blame your own development. Let's talk about the "4 + 1" and "5 + 2" cooperation mechanism, which allows indivials to skip the A and B levels, go directly to the C level, and start taking money before most people, which is equivalent to depriving most people of equal opportunities to make money in disguise, which is not very fair in itself. If you are not familiar with the instry rules, you will not know. This thing is a money game. The money paid by the people behind will be distributed to the people in front. It's just bosha game. It takes advantage of people's greedy nature. They all hope that they are not the final receiver. Don't you know that the probability of you becoming the final receiver is as high as 99%
3. After working, you will find that you can't afford to spend time. It's just a theoretical calculation of time. In practice, it's too difficult to develop people. If you call ten friends, you don't have to have one to work. In failure after failure, your passion will be consumed. It's a long process. At the same time, it's under great pressure. The development of the team is too slow. The introced friends have already begun to resent their deception and worry about being hit all day. They are in a dilemma
4, it's too difficult to develop personnel: first, 49800 is too much money, the threshold is high, and some people want to work without money. Second, people's awareness of prevention has been greatly strengthened, and they all have strong judgment
5. After the follow-up continuous investment reaches level C, the expenses for renting, eating, living, and new people's inspection will have to be paid when the time comes. After a line reaches level C, it is not likely to make money
6. For the sake of social stability, the state will not allow such financial chaos to exist. Especially now all kinds of funds, mutual aid, virtual digital currency (bitcoin should have heard of), too many bankruptcies and runaways, the impact is too bad. Qianbao.com has just fallen, involving more than 50 billion yuan. Its investors are still appealing to Beijing. The 18 year national central economic work conference has set the tone of putting a heavy hand on the rectification of financial chaos. The possibility of being hit is great. On January 19, 2018, 43 MLM leaders were arrested in Beihai, Guangxi, and there were relevant reports on the Internet. In the "8.04" MLM case in Shanghai, more than 5000 copies of MLM personnel information were piled several meters high. Is it not a tragedy that living standards "return to pre liberation overnight"
7. Spend two years and energy to understand a scam, or the job is gone (I have to resign to be a full-time job and stay in a different place after going to c), or the money and friends are gone, so the loss is too serious
8. It has been more than 20 years since this model entered China in 1996. It is no longer the "first opportunity", and the market has been developed almost. The fool has learned, no longer stupid. Bo silly game, no fool how to play
9. The team leaders you see drive a good car, wear famous watches, have a friendly attitude, and have a good team relationship. That's just what they need to work, and it's packaged to cheat you. In the face of money, they have lost the basic moral bottom line. They know it is deceiving, but they will still cheat without conscience
making money depends on opportunities, seizing opportunities and taking risks, which is in line with the "28 law". However, this is definitely not an opportunity or an opportunity, and this risk is not worth taking! Most ordinary people are not suitable for this business, because we are not thick and dark enough to cheat, and there are not so many friends for us to develop
10, reprint an open letter of advice written by a Beijing "private mutual financing" MLM marketer to MLM marketers
Hello, general manager and his sister-in-law
we have successfully returned from Beijing. Thank you very much for your hospitality! But I have a few intimate words as follows, please don't blame me
mutual financing, risk sharing, that's no problem. But it has nothing to do with what you do. Any investment has risks, and any profit includes labor. Otherwise, it's a hoax
this trip to Beijing is one of the great humiliations of my life. I'm very grateful to you. I'd like to tell you sincerely. As brothers and as members of the democratic parties
Marx said that getting something for nothing is exploitation. This is the root of the inevitable demise of capitalism and all private classes. Today is not dead, the time has not come< As far as this incident is concerned, the problems are as follows:
first, all the videos about national policies and leaders' speeches are re edited and added with illegal content, which is by no means the original. But it's a trick. What national projects, invisible economy, not allowing local people to participate in, are all bullshit. But for the convenience of controlling others! I believe brother and sister-in-law know it
Second, the so-called project to create 700 million middle class is nonsense. I would like to ask you how many entrants will you get if you make 1.5 million out of the game to reach 700 million and 1.5 million per capita? Are there so many people in China? Not to mention how many people make 4.5 million! This alone is a fraud. Even if there is no effective attack in a certain period of time and the development is smooth, only a few people will benefit, while the majority will inevitably suffer. It's not a sharing economy at all, but a typical illegal enrichment
thirdly, it's not MLM that there are no commodities. I don't even know the basic economic knowledge. Isn't money a commodity? Every penny contains a certain amount of labor. Money is a monetized commodity. It is a special commodity that serves as a general equivalent to facilitate trading. I think it's not that I don't understand it, it's just that I change my concept and deceive the ignorant
four, one-time investment, only 49.8 thousand yuan, no more money. Isn't 498, 000 money? Why not meet the requirements of illegal pyramid selling? And this money has nothing to do with the payer. It's divided up by all levels of staff on the line. What do you say to be the boss first and pay others! How can others divide up this money? What's the reason for getting something for nothing? Moreover, once you pay, you will be firmly tied. Is Beijing easy to stay? No money for basic necessities of life? What should we do if we can't pull people down for a long time? Costs will only go up indefinitely. To pull down a person is to pass on the risk and harm another person. The more you pull, the more you hurt! Therefore, I sincerely advise my brother and sister-in-law to go through endless hardships, turn back and become a Buddha. My little brother is sincere. Otherwise, the small will harm others and oneself, and the big will harm the country and the people. I don't want to see you. I can't bear to make a big mistake
although the national policy is good, allowing private capital to interact with each other, develop appropriately and obtain benefits, it is by no means what my brother said
from the bottom of my heart, if you offend me, please forgive me
I hope more people will see this letter. If you avoid being cheated, there will be no pie in the sky. If you get something for nothing, it will be a trap. Second, for those who are unfortunately involved, we hope to get out of the misery as soon as possible. Third, I hope the government and police can find out in time, crack down on the organizers and protect the masses
this is a warning!