Is DGC digital currency recognized in China

1.

It's illegal

the central bank indicated that it 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

In addition, 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

extended information:

virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency

in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency

2. The Chinese name of DGC digital currency is shared currency. Last year, the currency was widely promoted in China. However, the real reliability of this kind of currency needs to be studied. This is a split currency, and the split currency is also a typical pyramid scheme mode in the currency circle. Moreover, this kind of currency will often spread some false information, confuse the public and mislead investors
players are advised to stay away from this kind of digital currency. If you are interested in digital currency, you can pay attention to the mainstream digital currency. For example, bitcoin, Leyte, Puyin and so on.

3. DGC is a real digital currency. The kick-off meeting held in Shenzhen on December 10, 2015 started to register on December 20, and the new system test started on December 23. It will take a week, and now it runs smoothly. It is the best financial project in 2016! All members who enter make money, and the backstage is easy to operate<

the emergence of virtual currency has become a trend. The rection of bank interest has led to the emergence of financial management, and digital currency has also emerged. Below I recommend two virtual digital currencies
bitcoin was launched in 2009, from 1300 at the beginning to nearly 5000 at present. This is a huge value-added project. Up to now, bitcoin has not been fully exploited and can be purchased, but the price is too high and the investment is large.
DGC digital currency launched a new digital currency in December 2015, which is still in the process of promotion. The promotion period should be another year or so. It will launch an external disk to conct small-scale currency speculation on July 1. Because it's still in the promotion period, the current price is not high, which has been between 0.2 US dollars and 0.4 US dollars

if it's a fraud, can the exchange open 24 hours a day
you can talk about it in detail

4. Ma Yun didn't talk about DGC, a digital currency. Ma Yun only mentioned bitcoin. The original words are as follows:
Ma Yun said, "I'm not very interested in bitcoin. What I want to know is what can bitcoin bring to the society? But then again, I think bitcoin technology is very powerful, so in Alibaba, Alipay, we are trying to make sure that we will push the world into a cashless society. "
Ma Yun also added that we should be very careful with bitcoin. I don't know much about bitcoin, and I'm always curious. You are bitcoin lovers. I don't think bitcoin is indispensable. "
as for DGC, it's better to stay away from it. It may be a pyramid scheme. It's suggested to pay attention to reliable digital currencies such as bitcoin, bitcoin cash and wikilink.

5. Register an account, enter the account and password, and log in normally. However, there is a serious problem with this currency. It is a capital disk, and there is no application. This kind of currency implements the pyramid distribution mode, which is divided into static income and dynamic income. Basically, it only goes up but not down. The promotion income is amazing, and there is no support from any entity. The typical pyramid marketing mode is very similar to the previous collapse of precious currency and Vicat
there is no limit on the rise and fall of digital currency, and there is no such situation as only rising but not falling. If there is, it must be a fraud. The gold card, which had been bullish before, was also falling in the past two days, and bitcoin was falling all the way at the end of 2013. The price of Ruitai currency rose and fell, rising overall.

6. [Abstract] on November 18, the procuratorate of Babu District, Hezhou City, Guangxi Zhuang Autonomous Region approved the arrest of seven people, including Zhou Yilin, for the crime of organizing and leading pyramid selling activities. According to the prosecutor handling the case, the MLM organization first develops the offline by pulling people's heads, and then graally develops to form a "pyramid" network hierarchy. Hezhou, November 23 (reporter Chen Haimin) - on November 18, the procuratorate of Babu District, Hezhou City, Guangxi Zhuang Autonomous Region, approved the arrest of seven people, including Zhou Yilin, on suspicion of organizing and leading pyramid selling activities. It is reported that there are more than 140000 people in the whole system of the gang, involving 480 million yuan
has been identified by the examination: the suspect Zhou Moulin and other 7 people in Hezhou City, in the name of DGC company, invested in the virtual currency profits, and formed the upper and lower network "Pyramid" hierarchy relationship by requiring the participants to pay the registered capital of 100 US dollars to 500 US dollars. Only then did they join the DGC company and become a member. At the same time, it is stipulated that each member can only have 2 downlines, and other downlines with direct development should be under their level. Only when each downline is increased, can they be rewarded. At the same time, according to the number of downlines and the amount of DGC currency invested, they will be rewarded with "direct promotion Award", "confrontation Award" and "leading Award"
according to the prosecutor, the MLM organization first develops the offline in the form of pulling people's heads, and then develops graally to form a "pyramid" network hierarchy. MLM staff lure others to join DGC company with "steady profit without loss" and "high profit", and make profits through "static investment" and "dynamic investment". The 7 suspect suspects in the case are directly above or below the level of three, with a minimum of 1194.
the case is under further processing.

7. If you want to make money, you can look for the project to play. If you don't need the principal, be careful of being cheated

8. can't

9. Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power.

10. The Chinese government has not issued any digital currency, let alone recognized DGC as a pyramid selling currency. DGC, whose Chinese name is sharecoin, is suspected of serious false publicity. At the beginning of this year, the central bank held a seminar on digital currency and said that it would issue its own digital currency as soon as possible. However, the design concept of digital currency to be issued by the central bank is different from that of digital cryptocurrency such as bitcoin, Ruitai coin and Laite coin.