区块链比特币传销骗局,区块链比特币传销是真的吗

近年来，区块链技术和比特币的发展受到了社会的广泛关注。但是，也有一些不法分子利用比特币和区块链技术进行非法传销活动，引发了社会的担忧和关注。那么，区块链比特币传销是真的吗？

答案是肯定的。区块链比特币传销是真实存在的，由于比特币和区块链技术的发展，传销活动也随之发展，成为了一种新的非法传销活动。

区块链比特币传销的活动主要是利用比特币和区块链技术进行虚假广告，吸引投资者投资，以此获取高额回报。传销活动以投资者的投资为基础，通过拉新、拉环和拉网等方式，获取投资者的投资，并通过虚假广告宣传获取更多的投资者。

传销活动有许多危害，首先，传销活动会导致投资者的财产损失，传销活动没有任何实质性的回报，投资者往往会损失大量的资金。其次，传销活动会破坏金融秩序，传销活动的参与者往往会损害其他投资者的利益，从而破坏金融秩序。

为了防止区块链比特币传销活动的发生，我们应该采取有效的措施。首先，我们应该加强教育，让人们更加了解区块链技术和比特币，以及传销活动的危害。其次，我们应该加强监管，严格执行相关法律法规，杜绝传销活动的发生。

总之，区块链比特币传销是真实存在的，我们应该采取有效的措施来防止传销活动的发生，以保护投资者的利益，维护金融秩序。

⑴ Central media exposed 11 suspected MLM projects using the blockchain to issue coins

At the beginning of the new year, the voice of blessing is still in my ears. People's Daily Online, Tencent News, Authoritative content media such as WeChat Security and Jiaozhen Platform have released a list of projects involving pyramid schemes in 2018.

The reporter noticed that among the 78 projects involving pyramid schemes that were exposed, there were actually 11 projects that used the blockchain to carry out pyramid schemes and issue coins.

The losses caused by pyramid schemes under the guise of blockchain are far greater than ordinary crimes. Huge amounts of wealth are transferred through invisible hands, which is the biggest worm in the blockchain era.

On November 24, 2018, Sebastian Greenwood, the once all-powerful OneCoin principal criminal who had been at large for a long time, was successfully captured by the FBI and the Thai Crime Collection Bureau. Extradited to the United States for trial.

Bastian Greenwood is the main culprit of One Coin, a global Ponzi scheme. It is reported that OneCoin will set up a "One Awards" bonus system to reward participating members. These members often participate in projects initiated by this organization, and the so-called projects will raise funds for its global foundation.

But someone soon revealed: “OneCoin used publicity and overseas activities to pretend to be very ‘high-class’, and then through high rates of return and wooing acquaintances, it actually formed a huge MLM system."

In May 2018, domestic regulatory agencies discovered that there were approximately US$7.2 million in funds related to the OneCoin Ponzi scheme.

Virtual currency scams have been around for a long time. Some MLM methods are not clever, but they are harmful to people.

From April 2, 2016 to June 22, 2016, Ms. Li, a Zhongshan woman, was introduced to a man named Xu Moubin by her neighbor Ajun (pseudonym). During this period, Xu Moubin and Ajun repeatedly promoted virtual "mark coins" to her, and used dividends and appreciation as temptations. She believed them and eventually purchased a total of about 600,000 yuan of "mark coins" in 9 times. It was not until February 2017, when the "Mark Coin" website was closed, that she discovered that she had been deceived.

Among the many MLM coin cases, the most “classic” case is the famous “Five Elements Coin” with a value of over 10 billion.

As early as 2013, the State Administration for Industry and Commerce listed Zhang Jian’s “Cloud Digital Trade Alliance” as a pyramid scheme; in October 2014, Zhang Jian was arrested; in December 2016, Zhang Jian Soon after he was released from prison, he launched the Five Elements Coin MLM project. It is reported that the Five Elements Coin project also has Zhang Jian’s profile picture, but Zhang Jian is actually just a junior high school student whose real name is Song Miqiu. In June 2017, Zhang Jian was arrested and returned to China from Indonesia, and a ridiculous farce ended. The legendary Zhang JianFinally descend to the altar.

According to the reporter's understanding, among the 11 MLM coin projects this time, there is also a "real and fake Monkey King" plot. The MLM organization used Stellar Lumens, which ranks sixth in the world's market value, to issue its own " Stellar Lumens", investors fell into the trap if they were not careful.

Tell me another story about Dogecoin.

In 2017, Dogecoin was listed by CCTV as one of the 350 MLM organizations. However, under the control of desire, it cannot stop the strong rise of Dogecoin.

Dogecoin, a cute emoticon dog head, is called Dogecoin in English and code-named DOGE. It was born in December 2013. Co-founder Jackson Palmer said that he did it as a joke at first, just to mock Bitcoin. Later, with the help of reddit (an American social news site), within two weeks, the Dogecoin project website immediately became popular.

It can be said that the birth of Dogecoin has a lot to do with American Internet culture. On the American Tieba reddit, the doge emoticon is as popular as the three domestic emoticon giants, which means it is equivalent to the domestic tycoon.

The founder said that Dogecoin is not like Bitcoin. People do not participate in it for speculation, but to express emotions of sharing and concern. This also means that at the beginning, the spread of dogecoin relied on sharing between people.

Messari’s OnChainFX data shows that Dogecoin had more average daily active addresses in December 2018 than in December 2017, making Dogecoin the third most active address after Bitcoin and Ethereum. Cryptocurrency with the most active addresses.

Currently, Dogecoin is second only to Bitcoin and Ethereum in terms of daily active addresses, reaching 72,955 in a day. Bitcoin currently has 536,738 valid addresses, Ethereum has 235,004, and Tron has only 21,255. The popularity of Dogecoin is evident.

According to real-time data from the cryptocurrency tracking website Coinmarketcap, the price of Dogecoin today is hovering around $0.0023, and its market value has dropped to $268 million from the highest of $1.7 billion on January 9, 2018. . Like most other currencies, it fell by more than 80% in one year.

However, Dogecoin’s market value still ranks 24th in the global market value rankings. Compared with more than 2,000 cryptocurrencies, it still looks down upon all living beings.

Today, Bitcoin has been rectified under the light of blockchain, and few people have mentioned that it was single-handedly promoted by the dark web.The moving past. But it is undeniable that there are still a large number of MLM coins that use the name of blockchain to conduct pyramid schemes.

While the blockchain carries the technical ideals of geeks, it is also being benefited by those who are interested.

At present, in the early stages of the development of blockchain technology, a strange circle has gradually formed in which idealists and deceivers coexist, and speculators drive out pragmatists. As the cold winter in the currency circle comes, projects collapse one after another, and bad coins drive out good coins.

There is a joke about a blockchain person chatting with an MLM person, and the MLM person was shocked: "What you are doing is illegal."

In fact, MLM people are thinking about one question all the time, that is, how to make it legal. Can I cheat openly and openly after obtaining a direct selling license? It turns out it can't.

After the Tianjin Quanjian incident broke out, on January 1 this year, Quanjian Natural Medicine Technology Development Co., Ltd. was placed under investigation on suspicion of organizing and leading pyramid schemes and false advertising. Then, as everyone was eagerly waiting, news came out on January 7 that 18 suspects including Quanjian’s boss Shu Yuhui had been detained.

The great transfer of social wealth is often accompanied by technological revolution, which is more dependent on material attributes than virtual attributes.

It is understandable that capital will use any means to pursue interests. Because this is the property of capital. At the same time, technology has no values. Whoever masters the technology will benefit from it.

In the past, MLM organizations tried to achieve freedom of wealth by pulling people’s heads without mastering capital or technology. Nowadays, MLM organizations have found a new way to "get rich" and effectively avoid legal supervision, which is to issue MLM coins under the guise of blockchain.

Seeing is worth hearing a hundred times. 24/7 digital currency transactions throughout the year, unknown currencies that multiply a thousand times a day, and the myth of wealth creation with one coin per villa. While blockchain is on fire, digital currencies are also on fire.

"Blockchain is not a bubble, Bitcoin is." Jack Ma has promoted his views in public more than once. Unfortunately, in the eyes of most investors, blockchain is digital currency, and digital currency is blockchain.

The reporter learned that some MLM projects that use blockchain to issue coins will move outside the government's strong support for the blockchain industry, but avoid talking about relevant digital currency supervision.

“Many MLM coins only borrow the name of blockchain and do not use any blockchain technology. They are still different from the famous air coins in the currency circle. At least they are actually using it. Blockchain technology." said one investor.

“Lack of talentIt's miserable enough to support ambition, but what's even worse is that the whole body is full of ambition, but the IQ is squeezed into hell. "When his family was fascinated by "Stellar Lumens" and went bankrupt, a netizen's message was thought-provoking.

Asia-European currency fraud of 4 billion yuan, more than 70,000 people were defrauded; the amount of GCB glory coins involved Hundreds of millions of yuan, with hundreds of thousands of registered members; EGD Network Gold involved a case amount of 10.9 billion yuan, with as many as 500,000 registered members; Wanfu Coin involved a case amount of 2 billion yuan, with 130,000 registered members; dark currency involved a case amount of 1.5 billion yuan , with more than 30,000 registered members; OneCoin involved a case amount of 600 million yuan, with 1.8 million registered members; Laihui Coin involved a case amount of 500 million yuan, with 200,000 registered members...

According to the reporter's understanding , there are far more MLM coins currently on the market than the list exposed this time.

Comparing the overall MLM cases in our country, the China Judgment Document Network shows that from 2002 to 2018, the total number of MLM cases in our country The number of cases was 14,658, including 1,869 in 2014, 1,417 in 2015, 3,085 in 2016, 3,313 in 2017, and 3,612 in 2018. The overall growth trend is much smaller than virtual currency pyramid schemes.

Press In 2018, there were 166 cases of virtual currency MLM cases. After only a few years, virtual currency MLM cases have accounted for 5% of my country’s total MLM cases (166/3612). This does not include the large number of cases registered overseas and temporarily unable to leave the case domestically. An ICO (Initial Coin Offering) MLM project.

The essence of MLM coins is actually not much different from traditional MLM. The methods of attracting people, developing offline, and issuing physical objects as collateral have been exhausted. However, in the face of such familiar routines, investors are still powerless to resist.

Under poverty and economic weakness, greed and hunger with no place to place have become the biggest breeding ground for MLM coins. MLM coins So what? In the face of desire, IQ is not needed.

In this market, faced with endless temptations, most people are unable to distinguish whether this is an investment with huge profits or a scam that loses all their money. Under the temptation of greed, MLM has boarded the blockchain train.

But please remember: MLM has been like tigers and wolves since ancient times, and a dream will eventually turn into a nightmare.

⑵ How long does it take for blockchain MLM coins to collapse

Blockchain MLM coins will collapse on the day when the capital chain is broken. As the underlying technology of Bitcoin, "blockchain" is like a distributed database ledger. With the The prices of virtual currencies based on blockchain technology such as "Bitcoin" have soared sharply, and ordinary investors are increasingly interested in investing in blockchain and digital currencies.

Head of Tencent Security Anti-Fraud Laboratory Li Xuyang said that there are more than 3,000 MLM platforms using the blockchain concept. The reporter took stock of recent cases and found that "blockchain + fraud"There are three main "routines".

(2) Blockchain Bitcoin MLM Extended Reading

With the sharp rise and fall of Bitcoin and the explosion of the concept of "blockchain" , many pyramid schemes under the banner of “blockchain” also appear frequently.

Old routines" put on the "new vest" of blockchain and immediately transformed into another "new shortcut" for "Chinese aunts" pursuing "financial freedom" and "big pitfalls" worth hundreds of millions. ". Experts suggest that relevant departments establish a joint supervision and joint crackdown mechanism to improve the ability to investigate potential risks and promptly cool down the excessive hype and chaos of "blockchain".

⑶ How to distinguish what MLM coins are What about MLM coins in digital currencies

With the hype and rapid development of the blockchain concept, it seems that more and more people around the editor are exposed to blockchain projects. As far as I know Three friends have come into contact with some currencies, and all ended up losing money. So today I will briefly introduce to you how to distinguish MLM coins from real blockchain digital currencies.

Nowadays, the packaging of MLM coins is becoming more and more high-end and secretive. Sometimes it is difficult to tell the authenticity from the fake. So I remind everyone again to be careful of all kinds of MLM coins and air coins.

⑷ Blockchain has become a new pyramid scheme, what exactly is blockchain?

Blockchain is the core supporting technology of the digital cryptocurrency system represented by Bitcoin. Blockchain technology The core advantage of is decentralization. By using data encryption, timestamps, distributed consensus and economic incentives, peer-to-peer transactions, coordination and cooperation based on decentralized credit can be realized in a distributed system without the need for mutual trust. With the recent years With the rapid development and popularity of Bitcoin, this research has become a reality. However, the development of new things must be tortuous, and blockchain has become a new pyramid scheme for people.

The third is Programmable: Blockchain technology can provide a flexible scripting code system, which supports users to create advanced smart contracts, currencies or other decentralized applications. For example, the Ethereum platform provides users with a Turing-complete scripting language to Users build any smart contract or transaction type that can be precisely defined. Ultimately, it is safe and reliable: blockchain technology uses asymmetric encryption principles to encrypt data, and at the same time, with the powerful computing power formed by the consensus algorithm, it can resist external Attack and ensure that the blockchain data will not be tampered with or forged, so it has high security

⑸ Why did those who said Bitcoin was a scam disappear as soon as Bitcoin rose?

BTC is a reward for mining. This reward is due to the fact that mining has completed a certain amount of work. In fact, it is a very difficult problem that has been calculated. Every 10 minutes, every major website connects to every frantic connection point. They are all competing for the answer to this question in the market. It is very likely that whoever has more computing power will be more likely to calculate the conclusion and receive the reward. All smartphones can go online. If the mobile phone can mine BTC. ThisGlobal village netizens have become miners overnight. How many BTC are there for these billions of netizens to mine? Things are rare and expensive, and you can get them through mobile Internet. It must be general and popular. Undoubtedly worthless. Today, BTC has reached 50,000 to 60,000 US dollars per coin. This shows that it is very expensive. Therefore, the mobile phone will definitely not be able to dig it out. The so-called mining of BTC is the process of using hardware to calculate the position of Bitcoin and obtain it, which is called mining.

When a large number of investors enter, it will inevitably push up the price of Bitcoin, which also creates opportunities for harvesting leeks. Material and cultural capital is constantly growing. If the currency does not grow at the same time, it is actually the people with the currency who can exploit the development of society to create new people with increased wealth (inflation). Therefore, the currency must grow in line with GDP or even exceed it. In this way, currency holders will not exploit people who create wealth. Of course, in this process, from a macro perspective, there will also be situations where assets with wealth continue to exploit currency holders (inflation), so the supply of currency is managed. Decisions generally have to take into account all aspects, which is a very difficult thing for the People's Bank of China.

⑹ Virtual currency fund scam in the blockchain

First, all virtual currencies that are not satisfied by virtual currencies are centralized. These virtual currencies that die in the entire system Currency has entered the 2.0 era, and the concept of smart contracts has been added. The entire process runs automatically and is not transferred according to anyone's will. In this regard, virtual currency does not meet the characteristics of fund fraud

Second, virtual currency does not The agreed high rate of return, the value of the virtual currency is determined by the consensus of everyone, and there is also the possibility of depreciation when it rises. It is chaotic and uninterrupted 24 hours a day. No one can guarantee a stable high rate of return when investing in virtual currency. Bitcoin at the beginning of the year It has fallen by more than 70%, and virtual currencies have fallen many times in history

Thirdly, virtual currencies do not rely on multi-level circulation. I have never introduced virtual currency investment to friends around me, unless they voluntarily propose it. Otherwise, I believe that this is a very high risk for everyone. Even Teacher Li Xiaolai’s candy project only provides candy tokens

Therefore, the blockchain virtual currency is not a fraud, but now many people use the blockchain There are so many misunderstandings about playing fake goods in virtual currency and destroying market reputation. However, it is also possible to encounter fraud and air currency, but the blockchain and virtual currency cannot be completely equated with fraud.

⑺ Crazy Bitcoin pyramid scheme! Level 3,000, case value exceeding 50 billion, two million people involved

Text | Chinese Business Tao Lue Yang Yang

This is a detection by the Chinese public security agency The first major transnational online pyramid scheme crime case using blockchain technology and digital currency transactions.

The case value exceeded 50 billion, involving more than 310,000 Bitcoins, more than 9.17 million Ethereum coins and other digital currencies, and more than 2 million people participated.There are more than 3,000 levels.

Old-fashioned modus operandi, different medium of exchange. This “priceless” case is the “Plus Token” online pyramid scheme cracked by the Public Security Bureau of Yancheng City, Jiangsu Province.

This case has now entered the trial stage. This is the first large-scale transnational online pyramid scheme crime case detected by my country's public security organs using blockchain technology and digital currency transactions.

In early 2019, the Yancheng City Public Security Bureau discovered for the first time that the Plus Token platform was suspected of engaging in Internet pyramid schemes. In June of the same year, the police task force went to multiple countries and regions and cooperated with local police to successfully capture 28 principal criminals who were hiding inside and outside the country. In March of the following year, all 82 key members involved in the case were arrested in one fell swoop.

This Plus Token platform, which was once called "the largest fund in the currency circle" by the industry, does have a lot of background. It is reported that when the main culprit of the platform was arrested, the price of Bitcoin plummeted by 30%.

According to Mei Jijun, leader of the Economic Investigation Detachment of Yancheng City Public Security Bureau, in more than a year from May 2018 to June 2019, the Plus Token platform has developed a total of more than 2 million members, including There are also a considerable number of overseas members, with complex hierarchical relationships up to more than 3,000 levels.

In order to deceive others, Plus Token does not accept cash transactions, and members must join through digital currencies such as Bitcoin and Ethereum. However, the profits and commissions are paid to members in the form of "Plus coins". The so-called "Plus coins" are a "virtual currency" created by the criminal suspects and are not recognized by the market at all.

It is reported that the platform has collected more than 310,000 bitcoins from members, and more than 9.17 million digital currencies such as Ethereum coins. Based on the market conditions at the time of the incident, the total value of these digital currencies was equivalent to more than 50 billion yuan in RMB.

Similar to various previous MLM cases, this case also concealed the scam behind it by creating a "high-end" concept: the suspects packaged Plus Token into a wallet that combined technology and dreams. This domestic MLM platform has become a wolf in sheep's clothing, transforming into a digital currency value-added platform developed by well-known foreign brands.

However, if you want to join this "high-end" platform, you must obtain the platform's "intelligent brick-moving income", that is, you must hand over a digital currency "threshold fee" of at least US$500. In order to make more money in the future, members must develop more levels of downlines.

Why do so many people fall for such an obvious scam to outsiders? In fact, people's awareness of prevention is not strong enough, and they always fantasize about "getting something for nothing" and "getting rich overnight". In the end, their ideals are shattered, and they end up harming others and themselves.

In recent years, through innovation and practice, the results of economic investigation informatization construction have also been widely used.use. Although we have made progress in this new type of Internet-related economic crime, the police also remind us that in major MLM activities, except for the organizers and a few higher-level key members, the vast majority of people have no money. Return.

There will be no pie in the sky, and investors must be more vigilant to avoid leaving opportunities for criminals.

In this regard, some netizens called: "Those who speculate in currency, blockchain, and tokens all follow this model. Regulatory authorities and the public must keep their eyes open and continue to strictly control the numbers." Criminals who play around with currency."

——END——

Pictures are all from the Internet

All rights reserved, private reproduction is prohibited!

⑻ Fraud is committed in the name of blockchain, and blockchain has become the "signature" of pyramid schemes.

Recently, in the name of blockchain technology, Name-based fraud is on the rise. Some self-media and illegal coin issuance companies in the currency circle have become active again, using social software to promote tokens in an attempt to fish in troubled waters. Investing 100 yuan can earn 1 million. Have you ever seen this kind of profit return? What is talked about every night has been packaged into a "hen that lays golden eggs" because of the lofty concept of "blockchain". In real life, it has been exploited by criminals and succeeded repeatedly.

Blockchain has become the "signature" of MLM fraud

The popularity of blockchain technology has also led to some criminals who use the name of blockchain to commit MLM fraud. The line is back from the ashes. Guo Yuhang, chairman of the China Blockchain Application Research Center, told reporters that when he was conducting research in a province in central China recently, officials from the financial department of the province revealed that more than 40 illegal fund-raising cases under the banner of blockchain have been investigated and dealt with locally. The amount involved in one case was as high as more than 2 billion yuan.

Not long ago, a sports APP that claimed to be “developed based on blockchain technology” was investigated by relevant departments in Changsha City, Hunan Province. This software has been accused of being a "typical pyramid marketing model" and is the result of combining traditional MLM methods with new concepts such as "blockchain" and "big health".

Similar cases have occurred frequently this year. Fraud cases implemented in the name of blockchain have been uncovered in Suzhou, Yancheng and other places in Jiangsu Province. The police in Hengyang City, Hunan Province uncovered a fraud case in May this year. The gang used blockchain as a gimmick to issue worthless "air coins" and raised nearly 350 million yuan worth of Ethereum.

In the exposed cases of pyramid schemes and fund-raising fraud under the guise of blockchain, the characteristics of "pulling people's heads" are very obvious. They often take advantage of the mentality of the public who are not familiar with blockchain but have heard of Bitcoin’s “wealth-making myth”, and put a “fashionable” cloak on their illegal activities, promising low investment, high returns, and higher returns for offline development. Those who do not know the truth It’s easy to be fooled.

Industry experts said that although “Air Coin” may actually use blockchain technology, the purpose of issuance is described asToo grandiose, such as “human health” and “reconstructing business models”, are almost impossible to achieve. Once investors are trapped and funds accumulate to a considerable amount, the project issuer will have a high probability of running away, and investors will lose their money. The resonance model that is popular in the currency circle in 2019 is a typical example. Typical projects with resonance models such as CXC and VDS have appeared in many places in my country, and many users have not recovered their own costs of funds invested. With the subsequent regulation, it is only a matter of time before these projects are liquidated.

With this phenomenon of bad money driving out good money, we have to look beyond the appearance to see the essence

“There cannot be an equal sign between blockchain and Bitcoin, obviously it is not the same. It is not the same as 'getting rich'." Many industry insiders emphasized to reporters that blockchain is an underlying technology, relying on which a number of digital currencies such as Bitcoin were born, but they cannot be confused together because of this. Discovering the truth requires penetrating the fog. In addition to increasing the popularization of blockchain knowledge so that the public can understand and identify pyramid schemes disguised as "blockchain", more importantly, supervision must also keep pace with the times. Although the supervision of digital currency speculation, spam issuance, and pyramid schemes has never been relaxed in recent years, traditional supervision methods currently face considerable difficulties due to the complexity of the blockchain concept and its legal blankness.

Experts pointed out that it is necessary to strengthen the application of regulatory technology. Most MLM projects in the name of blockchain will frequently spread and leave traces on the Internet. With the help of existing financial technology supervision methods, it is possible to detect and investigate in time.

Of course we can’t kill them all with one stick. We also need to learn how to distinguish the pros and cons of blockchain projects

There are good and bad in blockchain, and there are good and bad, so We must also be good at discovering high-quality projects and passing inferior projects. How to spot spam projects?

Significant characteristics of junk projects: For example, CXC, VDS, and the investigated Qubu Bao make money without losing money, attracting people to develop offline. Although many normal cryptocurrencies also need marketing and promotion, they also need publicity. The project has advantages and hopes to be known and used by more people, but publicity is publicity, and we will never promise to make a profit without losing any money, let alone promote it in a way that attracts people's hair to grow offline. But for empty shell MLM coins, the purpose is to make money, so we must paint you a beautiful money-making situation, and then directly or in disguised way, use the method of pulling people's hair to get offline to gather funds.

Of course, we must maintain high-quality projects, because in the early stages of an industry, high-quality projects can easily be inadvertently trampled by users with lower costs and unawareness, so we must maintain high-quality projects. , such as 2019 rookie SBO. Through the Star Leap Plan, SBO has created a stable ecosystem and built a complete closed-loop underlying infrastructure to contribute to the development of the digital economy and help the economy and society. The original SBO ecosystem has begun to be compatible with all DAPPs on the chain and facilitates development. ByPort DPAA on other chains. At another investment level, SBO opens up the built-in trading function. Although SBO is not completely online now, based on this function, users can invest in SBO in advance, enjoy the blockchain dividends together, and explore future blockchain application models with SBO. There are already many users making money through SBO, so SBO has gathered very strong community forces to protect the development of SBO.

For the sake of users, SBO will also be delayed in listing on the exchange at this stage. With the tightening of national policies, there are many problems in the project's current listing on the exchange. One is the "selling pressure problem", and a large number of users have The market will lead to the collapse of the project, and the other is "exchanges absconding with funds." Many exchanges currently have problems. Under the heavy attack of the state, many exchanges have begun to swallow up user assets and transfer them overseas, so currently SBO cannot Listing on the exchange is a way to save the country. Usually from a long-term perspective, it protects the project value and user benefits.

In the beginning of the industry, keep your original intention

When the business model of blockchain applications is not yet mature, we must keep our eyes open, rationally invest in innovative projects with potential, and reject junk projects , while closely following national policies, jointly support the development of blockchain technology and the integration of life application scenarios, and jointly welcome the new era!

⑼ How to identify and prevent online financial "blockchain, virtual currency" fraud and MLM schemes

According to incomplete statistics, there are more than a thousand MLM platforms in my country that use the blockchain concept. It can be said that from the "highbrow" to "the mud and sand", this kind of "old wine in a new pot" online fraud MLM has been enduring for a long time and is thought-provoking.

To sum up, these blockchain frauds are nothing more than these two common methods:

One is to "sell dog meat under the false pretenses" and conduct pyramid schemes in the name of "virtual currency" The truth. For example, for the FT coin on the Fcoin exchange, investors feel that this trading dividend model can be maintained. However, once no new people enter the market to buy it, it will be enough to cause it to collapse.

The other is the so-called "export to domestic sales". For example, in the "OneCoin" case involving a total amount of 1.6 billion yuan, the organization's MLM website and marketing model were established by a Bulgarian organization, and the server was located in Denmark. After my country banned ICOs and closed domestic virtual currency exchanges in accordance with the law, fraud organizations continued to defraud under the slogan of "export to domestic sales".

⑽ A breakdown of one of the ten deadly sins of Bitcoin: Is Bitcoin a currency in a Ponzi scheme?

Keywords: Bitcoin, currency, Blockchain, Bitcoin forks

The global financial crisis broke out in 2008. On November 1 of the same year, a person calling himself Satoshi Nakamoto published the Bitcoin white paper " Bitcoin: A Peer-to-Peer Electronic Cash System", stating his new vision for electronic currency, Bitcoin isAvailable. On January 3, 2009, the Bitcoin genesis block was born. Bitcoin does not rely on the issuance of a specific currency institution. It is generated through a large amount of calculations based on a specific algorithm. Bitcoin uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptographic design to Ensure the security of all aspects of currency circulation.

The initial Bitcoin did not have much impact. It was more like points or game currency in community forums. At that time, it was very easy to mine Bitcoin. A small number of geeks can participate in mining operations and obtain considerable amounts of Bitcoin using their home computers. Many geeks have tens of thousands of Bitcoins in their hands but don’t know how to use them. Most people give away their Bitcoins. You might think you've never heard of Laszlo Hanyecz, the Florida programmer who works for the online retail company GoRuck. And you’d be wrong — Hanyecz is the man behind the purchase of two pizzas from Papa John’s on May 22, 2010, for 10,000 Bitcoins. The two pizzas were worth $50 at the time. As a result, Bitcoin received the first recognized exchange rate in history: 1 Bitcoin = 0.005 US dollars. Later Bitcoin enthusiasts called this day Bitcoin Pizza Day.

Beginning in 2008, QE caused the U.S. Federal Reserve’s balance sheet to increase from $1 trillion in 2008 to $4 trillion in 2014 , the Federal Reserve is printing money at an unprecedented rate, which is called unlimited QE. Amid this unprecedented wave of monetary and fiscal stimulus, investors are looking for ways to fend off the negative impact of inflation. Due to the scarcity and unique issuance mechanism of Bitcoin, more and more people are optimistic about Bitcoin. In the past, they hoarded gold in troubled times, and now they also hoard Bitcoin in troubled times

Everyone knows what happened next, because With the participation of a large number of investors, the price of Bitcoin has soared. On December 17, 2017, Bitcoin reached its highest price in history at $19,850. On July 27, 2020, Bitcoin once again exceeded the $10,000 mark. A popular saying in the currency circle right now is that one dollar for a beauty, one dollar for a villa.

Led by Bitcoin as the leader, all other cryptocurrencies have experienced skyrocketing price increases. Ripple topped all cryptocurrencies with a 36,018% increase in 2017, while Bitcoin’s increase in 2017 was only 1,318%. Other air coins and altcoins have also made a fortune by fishing in troubled waters. Cryptocurrency exchanges are mushrooming. Various digital currency wallets are emerging one after another. Various blockchain media are recruiting and shouting. There are a lot of ICOs under various high-end packages.city. All kinds of white papers are cobbled together, and some have been borrowed from here and there. It is common for people to be obsessed with cutting leeks, and it is even more common for people to have visions that turn into phoenixes and sheep. Under this chaos, governments around the world began to suppress and standardize. under heavy pressure from the government. Industry chaos has been managed to a certain extent. The price of Bitcoin also began to experience a roller coaster ride. As the saying goes, one day in the currency world takes one year in the world.

After the prosperity, there was only a piece of chicken feathers left. After being empty, people began to calm down and began to think about the value of Bitcoin. The most frequently asked question is, is Bitcoin a currency? Does Bitcoin have investment value? Where is the price of Bitcoin? Can we make money buying Bitcoin? All problems come down to one point. That is Bitcoin. Is it a currency? If so, what kind of currency is it?

Without a doubt, the answer is no. He is not currency. In fact, we can see this from the original Bitcoin white paper. In the Bitcoin white paper written by Satoshi Nakamoto, he called Bitcoin COIN. Instead of CASH. Not even currency. The English word COIN means coin. He usually refers to an insignificant coin with a small amount. So Bitcoin was not a currency from the beginning. At most, it can only be said to be a game token. Generally speaking, currency has four functions: value scale, circulation means, payment means, and storage means. We can analyze it from these 4 aspects.

Currency is essentially a commodity, or a reference system for the value of another commodity. As a commodity, currency itself has value. The reason why we can use a ruler to measure length is because the ruler itself has a scale and has a length. The reason why we use the weight on the balance to measure mass is because the weight on the balance itself has mass. So money as a measure of value. He must have value in himself.

Gold and silver are naturally scarce, so they have value. Legal banknotes are credit-endorsed by national sovereignty, and national sovereignty is backed by national wealth, so it also has value. Bitcoin is just a piece of code. It is even said to be a meaningless and messy code. It has no use value in itself. With this string of codes, we can neither eat nor wear clothes. It cannot meet people's living needs. It is a currency that has no use value and no institution can endorse it. It certainly does not have the function of a value scale.

The means of currency circulation is a derived function of the value scale. That is to say, currency can be used as a commodity of general equivalent for spot transactions where money is paid and delivered. It is very convenient for us to use gold, silver or banknotes to purchase spot goods, because face-to-face transactions are instant. Even if you transfer money via online banking, we can do it within seconds. But Bitcoin will have big troubles as a means of circulation. Because it cannot arrive in seconds. BitcoinThe amount of transactions that can be processed per second is mainly limited by the following two factors:

1. Block generation speed (1 block every 10 minutes)

2. Block size limit ( The default is now 1MB)

These two parameters together affect the number of transactions that the Bitcoin network can handle per second. The current Bitcoin transaction rate is 7 transactions per second. Obviously, this speed cannot meet most application scenarios. For example, if I pay 1 Bitcoin to buy a car today, if there are 7 transactions per second, it may take 70 days for the car 4S store to receive my payment after queuing up on the Bitcoin network. . VISA has a transaction speed of more than 70,000 per second, Alipay has a transaction speed of nearly 80,000, and interbank settlement has a transaction speed of nearly 70,000 per second.

The last point is that we will explain the storage method. Storage means refers to the withdrawal of currency from circulation. Store it as a form of wealth. The main purpose of people storing a commodity is that it is likely to appreciate in value, or at least it will not depreciate. Most of the world's Bitcoins are currently stored as storage. Because people are optimistic about his appreciation attributes.

Let’s first look at why Bitcoin can appreciate. According to Satoshi Nakamoto’s design ideas, this is how Bitcoin appreciates. Nodes on the Bitcoin network will be rewarded with 50 newly issued Bitcoins for each block they successfully compete for. Starting from the genesis block in 2009, the number of rewards will be halved every 210,000 blocks (about 4 years) to 25; after another 210,000 blocks (about 4 years), the reward amount will It is halved again to 12.5, and so on. Although the Bitcoin reward is an increment, it is an ever-decreasing increment. Through mathematical calculations, it can be found that the supply limit of Bitcoin is 21 million, which is similar to what Zhuangzi said "one foot apart." Therefore, the Bitcoin network is artificially designed to be a deflationary currency. It is this concept of deflation that is in sharp contrast to the Fed's infinitely loose inflation policy. But this idea itself is a kind of fantasy and wishful thinking.

From an economic perspective. Determine the price of a commodity. Scarcity is only one factor. Several factors also determine the price of an item. For example, substitutability, supply and demand, and advancement.

First of all, I think the supply side of Bitcoin is fixed and the demand side is decreasing. Because there is no real demand for Bitcoin. People do not need to use Bitcoin to realize their own needs. It cannot buy anything and it cannot bring about self-actualization. Then some people will immediately laugh at me for being too naive, too childish, and too young. Say I don’t understand finance. Take the old perspective of economics to look at the blockchain revolution that represents a new type of production relations. They will say that Bitcoin has no productive needs, but it has investment needs. In other words, as long as the price of Bitcoin keeps rising and appreciating, it willThere are always people buying, which in turn can promote the appreciation of Bitcoin. There is nothing wrong with this view in itself. This is the theory of finance as a fool. In other words, regardless of whether Bitcoin has specific economic value, as long as you find someone who is more stupid and stupid than yourself and is willing to pay a higher price, then the main point is You can boldly buy this product. It goes without saying that this is a typical Ponzi scheme, and the one who ends up unlucky is the high-ranking taker. The end result of this game of drumming and passing flowers may result in a huge bubble similar to that of Dutch tulips. The bubble will burst sooner or later, but no one knows when it will burst.

Secondly, I want to emphasize the issue of Bitcoin forks. The formation of Bitcoin price is precisely based on its gold-like attributes of uniqueness, constant total amount, non-tampering, and infinite divisibility. The emergence of bifurcated events has made many market participants covet and obtain huge profits. Potential interests or to defend vested interests, on the other hand, the increase in the number of forks has made Bitcoin’s identity increasingly blurred, affecting the uniqueness of its IP value and undermining the market’s expectations for Bitcoin’s stability. In fact, the negative effects brought about by intensive forks have also been reflected before. At the end of last year, BTC further forked into no less than 9 sub-chains such as ABTC, SBTC, and LBTC. After intensive forks, BTC fell directly after touching $20,000, entering a bear market that lasted for nearly a year. In other words, the original ideal of 21 million Bitcoins designed by Satoshi Nakamoto has been modified by those who actually benefit from it. The total amount of Bitcoin is not fixed. Its total amount is infinite. It is no longer practical to say that Bitcoin is a scarce currency.

Again, Bitcoin is fungible. For example, we want to have breakfast. If you find that the price of steamed buns has risen sharply recently. Then we may eat the steamed buns that have not increased in price. Another example is that we want to buy a chair. I found that the price of lumber has risen sharply. Then we may buy plastic chairs whose prices have not increased. This is the fungibility of goods. From a Bitcoin perspective. Because all Bitcoin code is open source. Therefore, it is very easy to imitate Bitcoin and modify its rules to form other altcoins. And these altcoins. On the basis of fully absorbing the advantages of Bitcoin, some major or minor changes have been made. Relatively speaking, it has more technical advantages and latecomer advantages than Bitcoin. Although the seed of Bitcoin is fixed. But there are endless alternatives to Bitcoin. Therefore, Bitcoin cannot rise without limit.

Fourth, Bitcoin is an over-the-top commodity and is not advanced. There is a Moore's Law in the Internet field. In other words, the upgrading of electronic products will accelerate exponentially. For example, software system updates. IOS is updated every three years at the earliest. Later it wasThere is a new generation every year. It is now half a year to update the new generation. In other words, the upgrading of technological products will show exponential growth. His acceleration will get faster and faster. Bitcoin is the first generation blockchain product. As blockchain products and various supply chain products mature. its scalability. consistency. safety. It will gradually be challenged or even replaced by new technologies. Bitcoin is most proud of its security. It is also based on the 51% attack system. And now there are technological breakthroughs in electronic computers. In the not-too-distant future, it will be easy to crack Bitcoin’s encryption algorithm. In other words, the emergence of new technologies and the advancement of new security technologies will make the ultimate value of Bitcoin worthless.