After virtual currency exchange
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while the open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, which is essentially controlled by the website as Q coin.
1. Digital cryptocurrency: a digital currency created, distributed and maintained by cryptography and verification technology. The characteristic of cryptocurrency is that it uses peer-to-peer technology and everyone can issue it. For example, bitcoin, lightcoin
2. Shanzhai coin: imitates the theory of digital cryptocurrency, applies digital encryption technology such as blockchain, and issues digital currency in different instries
3. Air currency: fabricated application background. It uses blockchain and other technologies as packaging, constructs value system at will, takes illegal possession as the purpose, and swindles investors by Ponzi scheme< Second, profit model
1. The profit model of digital cryptocurrency mainly includes proction and investment speculation. Proction is also known as mining, different procts have different proction modes. Its principle is to calculate the number by computer, and finally get the encrypted string in accordance with the formula. Investment speculation is the same as investing in ordinary financial derivatives. With the change of market supply and demand, the value of money will change periodically
2. Shanzhai coin: the profit in the early stage is similar to Ponzi scheme, and the customer level is built by direct selling. The principal of later investors is the source of profits. The difference between air currency and air currency lies in: first, it has a certain theoretical application basis, such as Internet traffic, agricultural application, etc. Second, through the operation in the later stage, it can proce a certain monetary value. Third, it has certain circulation
3. High return, rapid accumulation of funds< Third, legal definition
1. It is not allowed to issue and trade digital cryptocurrency in the people's Republic of China, and its legitimacy is questioned. The main reason is that the supervision of digital currency is difficult, which may restrict the circulation of currency. In addition, because digital encryption currency has no solid value support, the huge economic bubble will easily cause financial system risk.
2. Therefore, this kind of business is the main body of the market. Most of the issuers are located in Malaysia, Singapore and other areas with relatively lax supervision and relatively open financial markets
3. Strike hard. One case was found, investigated and dealt with, and identified as financial fraud. The main issuers are generally in Myanmar, Cambodia and other areas where military protection forces are more prevalent. After raising funds from Chinese mainland, the local military will pay protection fees. Later, he directed domestic crimes abroad.
In the world of blockchain, the level of cognition often determines the multiple of your income. When you see the assets of peers going up several times, you may feel depressed when you look at the assets you buy. Why is it that Lao Wang next door is the winner, and why is it that other people's children always get the best grades? Also arrived at the end of a race, some people running, some people driving, some people even sat on the rocket. These tools are like different currencies in the blockchain world. The vehicles you buy are not the same, and the speed of value-added brought by self recognized vehicles is not the same. So it's really important to choose a good currency
the first kind of payment currency:
BTC bitcoin, XRP reborn coin, LTC Laite coin, dash dash dash, Zec. Wait, let's first list some mainstream currencies above. What is this kind of currency for? From a superficial point of view, it is used for payment and transfer. It is suggested that new people just enter the coin circle and focus on bitcoin. Why bitcoin is the originator of all digital currencies, with a market value of about US $176.5 billion, ranking first in digital currencies the third type of platform currency: this kind of well-known currencies include BNB currency, ANC currency, big currency, dew futures platform currency, qash Japanese exchange currency this kind of currency is very easy to understand, that is, the token issued by the exchange itself. As the popularity of the exchange is high, the token will naturally appreciate for a long time. For example, BNB coin an, the cost price of ICO in 17 years is 1 yuan, now 82 yuan, thanks to the fact that coin an exchange ranks first in global trading volume but this kind of currency does not mean that you have its currency, so you can say that you have its shares, such as currency security. If you hold its currency, you can rece your handling charge by trading currency in currency security exchange. Another way to increase the value of the platform currency is to destroy it. Just like big, 200 million tokens, the exchange will buy back 40% of the profits from the market every quarter, and then destroy them. As a result, the number of such tokens will be less and less, and the value of the rare is the way to increase the value of such tokens