Is MBI a virtual currency transaction

1. MBI is a pyramid scheme
this kind of MLM operation has the following characteristics:

1. Most of the above currencies are issued in a non constant amount, only speculation, and no commercial application

2. All of them belong to online financial pyramid selling, and the servers are all overseas, so it is difficult to investigate and deal with them

3. Short running cycle. Generally 3-6 months, to return money to the peak directly shut down the network running, change a vest to come back
digital currency crowdfunding platform the tokens of different crowdfunding projects on coin Ying China platform belong to application-oriented digital currency, with the mortgage of real assets, but the income is not high. Bitcoin and Leyte are traditional high-risk and high-income currencies.

2.

Whether it is MLM or not should be judged according to its specific operation mode

MLM refers to the behavior of organizers or operators who seek illegal benefits, disrupt economic order and affect social stability 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 to join in on the condition of paying certain fees

According to Article 7 of the regulations on the prohibition of pyramid selling issued by the State Council, the following acts belong to pyramid selling:

1. Organizers or business operators require other personnel developed by the developed personnel to join in through the development personnel, and calculate and pay remuneration (including material rewards and other economic benefits) to the developed personnel based on the number of personnel developed directly or indirectly, (the same below) seeking illegal interests

(2) the organizer or business operator, through the developer, requires the developed person to pay the fee or pay the fee 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 operator, through the development personnel, requires other personnel developed by the development personnel to join, forming 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

3. Hard money, not because of love money[ Mischievous] but this life, don't want to because of money and who humble, also don't want to because of money and embarrass who! Recently, the most popular saying is: "without money, what can you do to maintain your family relationship, stabilize your love, and contact your friendship? Stop it. Everyone is busy. "———— What a realistic passage. YTC financial Yifu teacher gave this sentence to himself, trying to be powerless, struggling to move himself

4. Triporg travel: a landing tourism service application using blockchain, which can provide reservation services such as train tickets.

5. In theory, the purpose of the central bank to issue digital currency is to graally replace paper money. Paperless trading has been tried in some western developed countries, but it is still in the trial stage
digital currency has a long way to go in China, and the infrastructure in most areas of China can't keep up. The digital currency trial run by the central bank will first be applied to the bill market. At present, there are some applications of digital currency in China. For example, Puyin digital currency launched by Puyin group is a standard digital currency, which has the mortgage of real assets, mainly tea related assets.

6. Four months after the beginning of the Anti Japanese War, the national government decided to make up for the fiscal deficit by issuing more paper money. According to official figures, the amount of French currency issued at the end of 1937 was 1.616 billion yuan. At the end of 1945, it was 1031.9 billion yuan. It has increased 738 times in eight years. It's actually more than that. As a result of the indiscriminate issuance of banknotes, the wealth of the four families was rapidly concentrated, while the vast majority of the people were becoming poorer and poorer.

7. It's hard to say

8. I have friends who are buying MBI. I watched her buy it. It's been more than a year. I really earned money. Ben was taken back in the third month,
Ben was only 1500. Now, apart from Ben, they have made a net profit of more than 7000. What they see on the Internet is that this is a pyramid scheme. So I'm holding a wait-and-see attitude, but people have actually made money, some of which have been bought for 6-7 years. This makes me confused. Do you want to buy it or not

9. Since now, UnionPay institutions in 23 countries have recognized the transaction value and function of MBI trading points.