Is golden seed virtual currency MLM
virtual currency is not MLM
virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, QQ currency of Tencent company, q-point, voucher of Shanda company, micro currency launched by Sina, chivalrous Yuanbao, silver pattern. Digital currencies include bitcoin, Wright coin, infinite coin, quark coin, zeta coin, barbecue coin, penny coin, invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world
network virtual currency can be roughly divided into
the first category is the familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin and Wright currency. Bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency
< H2 > reference: virtual currency networkthe essence of money is circulation. At present, there is no circulation digital currency approved by the government, so the digital currency in the market is basically playing the sideball
the most important feature of MLM is to promise expected return! In short, you are interested in high return, others are interested in your principal
remember the benchmark - no greed, no pursuit, no gain for nothing! Because there are too many changes in the form of MLM, MLM can always let you be cheated, one by one, it's different!
CCTV has just exposed a list of currencies suspected of pyramid selling and fraud, as well as more than 1000 digital currencies that had been declared dead
Huitong studio will answer for you and hope it will help you
Article 2, pyramid selling refers to that the organizer or operator's development personnel seek illegal benefits by calculating and paying remuneration to the developed personnel based on their number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification of joining in the condition of paying a certain fee, Disturbing economic order and affecting social stability< Article 7 the following acts belong to pyramid selling:
(1) organizers or business operators, through development personnel, require other personnel developed by the developed personnel to join, and calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developed personnel based on the number of personnel developed directly or indirectly, so as to seek illegal benefits
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests
in the regulations on the prohibition of pyramid schemes, the concept of hierarchical relationship is repeatedly mentioned. The hierarchical relationship formed by certain rules is only a phenomenon in many pyramid schemes. It must be related to the illegal possession of other people's property before it can be suspected of pyramid schemes.
MLM is a new variety of financial MLM
Case:
financial pyramid selling in the guise of virtual currency. Among the financial pyramid schemes promoting electronic virtual currency on the Internet, the most infamous one is Baichuan coin
in less than one year, Zhou yunhuang, the legal representative of Fujian Baichuan coin Network Technology Co., Ltd. (hereinafter referred to as "Baichuan coin company"), established a multi-level pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid pyramid
in the interview, people in the instry believed that the reason why Baichuan coin can be popular is that it has a set of new, extremely complex and closed-loop operation logic, that is, it organizes the development level according to the nine level order, takes the number of direct and indirect development personnel as the basis of rebate, and uses high return as the t to lure the participants to develop offline to defraud property
a victim of Baichuan currency told China first finance and economics that the investment of Baichuan currency is divided into two parts: static income and dynamic income. The static income investment is 800 yuan. From the next day, investors will pay dividends of 18 yuan a day
among them, 50% are gold coins and 10% are stock purchase coins, that is, 1.8 yuan stock purchase currency can only be used to purchase Baichuan world stock; 3% is consumer currency, that is, 0.54 yuan, which can be purchased in Baichuan mall; 37% of them are gold seed coins, that is, 6.66 yuan. An account can be automatically added with 800 yuan accumulated on the platform
whether it's gold coin, stock purchase coin, Baichuan world stock, shopping consumer coin or gold seed coin, it's all people's self entertainment in the pyramid of closed MLM of Baichuan coin. Some people keep joining, that is, they take home's money and pay home's wages. The so-called Baichuan coin only circulates among these members, and it's useless to get out of this circle
according to the investigation by the reporter of first finance and economics, the Ponzi scheme carried out by lawless elements under the guise of "new economic formats" and "financial innovation" often uses the means of pyramid marketing, and then expands with the help of the Internet, which is highly contagious
and the procts of pyramid selling have changed from the traditional "real economy" such as cosmetics, resource development, planting and breeding to crowdfunding, futures, virtual currency and so on. A victim of Baichuan coin told China first finance and economics that the investment of Baichuan coin is divided into two parts: static income and dynamic income. The static income investment is 800 yuan
from the next day, the investors will pay dividends of 18 yuan per day. Among them, 50% are gold coins and 10% are stock purchase coins, that is, 1.8 yuan stock purchase currency can only be used to purchase Baichuan world stock; 3% is consumer currency, that is, 0.54 yuan, which can be purchased in Baichuan mall; 37% of them are gold seed coins, that is, 6.66 yuan. An account can be automatically added with 800 yuan accumulated on the platform. The evolution of virtual procts and means of capital operation
reference source: Chinanet - a new variety of financial pyramid selling: the battle between IQ and greed
however, the attitude of regulators is clear. Whether it is genuine bitcoin, or a variety of derivative Shanzhai coins, there is no way to obtain legal living space at present. This is something we need to be clear about. If the platform goes out of business or the staff runs away, it is very likely that they will lose all their money and the losses they have suffered will not be protected by law
the promises they give you often make the participants pay money quickly. Behind them is the Ponzi scheme of "robbing the east to pay the west" + "cheating the white wolf with empty hands". They use the money of new investors to pay interest and short-term return to old investors, so as to create the illusion of making money and cheat more investment. When no new investors enter, the return of old investors collapses one after another, and it is often difficult to withdraw cash, or the website cannot be opened
in short, although the external form of virtual currency is ever-changing, it is not divorced from its essence of pyramid selling. The more investors put in, the greater the final loss, and the more serious the loss may be.
Article 2, pyramid selling refers to that the organizer or operator's development personnel seek illegal benefits by calculating and paying remuneration to the developed personnel based on their number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification of joining in the condition of paying a certain fee, Disturbing economic order and affecting social stability< Article 7 the following acts belong to pyramid selling:
(1) organizers or business operators, through development personnel, require other personnel developed by the development personnel to join in, and calculate and pay rewards (including material rewards and other economic benefits, the same below) to the development personnel based on the number of personnel developed directly or indirectly, so as to seek illegal benefits
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests
in the regulations on the prohibition of pyramid schemes, the concept of hierarchical relationship is repeatedly mentioned. The hierarchical relationship formed by certain rules is only a phenomenon in many pyramid schemes. It must be related to the illegal possession of other people's property before it can be suspected of pyramid schemes.