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区块链发币是真的吗还是假的,区块链发币合法吗

发布时间:2023-12-16-14:42:00 来源:网络 区块链知识 区块   链发币是真

区块链发币是真的吗还是假的,区块链发币合法吗


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⑴ Is blockchain a lie?

China’s blockchain development is uneven and growing wildly. As of August this year, the development level of my country’s blockchain industry ranks second in the world. At the forefront, the total number of enterprises ranks second in the world after the United States. Monitoring data from the National Internet Emergency Center’s Key Laboratory of Internet Financial Security Technology shows that there are more than 32,000 companies with the word “blockchain” or whose operations involve blockchain. Chain technology companies only account for about 10%, or even less than 10%.

In other words, there are many organizations committing fraud under the guise of "blockchain"!

Scammer's routine:

Elementary routine: Use big words to make big profits

Publicity rhetoric: "You can make a lot of money even while lying down!"

< p>The essence of the scam: Using so-called "projects" that claim high returns in professional terms to raise funds from victims, the essence is financial fraud.

Intermediate routine: play with the concept and get high dividends

Promotional rhetoric: "The benefits of the sharing economy are considerable"

The essence of the scam: illegal fund-raising (such as "Qubu" APP )

Advanced routine: high rebates for currency speculation

Promotional rhetoric: "Virtual asset financial innovation"

Scam essence: illegal pyramid schemes (such as various "digital Coin" investment project)

AT * Kagari Small Finance

⑵ Is the so-called blockchain real?

This kind of view It sounds unreliable. From an academic perspective, blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Blockchain is essentially a decentralized database.
For example, if you are a woman, every time your boyfriend says something disgusting to you or promises to buy you something, you immediately record it and send it to all your best friends, classmates, Colleagues, as well as various groups and circles of friends, make it impossible for him to deny it anymore. This is called blockchain.
The core advantage of blockchain technology is decentralization. It can realize decentralized credit in a distributed system where nodes do not need to trust each other by using data encryption, timestamps, distributed consensus and economic incentives. Point-to-point transactions, coordination and collaboration, thereby providing solutions to the problems of high cost, low efficiency and insecure data storage common in centralized institutions.
The application fields of blockchain include digital currency, certificates, finance, anti-counterfeiting and traceability, privacy protection, supply chain, entertainment, etc. With the popularity of blockchain and Bitcoin, many related top domain names have been registered. , which has had a relatively large impact on the domain name industry.

⑶ If the blockchain only issues coins, wouldn’t it end up being a pyramid scheme?

First of all, we must understand why the blockchain issues coins. Generally speaking, there are two types of blockchain coins.
First, fake projects and issuing digital currencies have only one purpose, and that is illegalTo raise funds, use the so-called digital currency to go to the exchange, wait until the price hits the market, and then run away with the money
Secondly, the actual projects are generally based on public chains, and there are also projects as a whole. In terms of development context, the purpose of issuing digital currency is to use it for a later operation of the team, or it is too large-scale. However, the digital currency issued is directly related to the prospects of the project, and the price is unstable.
MLM refers to the organizer developing people by calculating and paying rewards to the people being developed based on the number of people or performance they have directly or indirectly developed, or requiring the people being developed to join on the condition of paying a certain fee. Qualifications and other illegal activities to obtain wealth. The essence of MLM is a "Ponzi scheme", that is, using the money of those who come after you to distribute the profits of those who came before you.
New type of MLM: It does not restrict personal freedom, does not collect ID cards and mobile phones, and does not take large classes collectively. Instead, it uses capital operation as a banner to attract people to defraud money, and uses money to attract people by driving luxury cars, wearing gold and silver, etc. , let your relatives and friends join in, and finally let you reach the point where you lose all your money.
In short, the best way for us is not to touch things we don’t understand, so as not to lose everything! ! !

⑷ Is the blockchain technology a lie? Is it actually related to our lives?

How can something useful be useless

In recent years , more and more people regard blockchain technology as one of the most promising new technologies in the future. Right now, there is a lot of talk about how cryptocurrencies and blockchain will change the world economy. Although the future of cryptocurrencies is unpredictable, the unshakable status of blockchain may continue to lead the development of the industry in the future. In fact, blockchain has changed not only the world economy, but even the daily lives of ordinary people have been greatly changed by its influence. The emergence of blockchain technology itself is an innovative process. Anyone who understands blockchain technology should know that blockchain is a database that can collaborate on a large scale. It allows many different subjects to collaborate to complete a task without trusting each other. This is the essence of blockchain.

Since this year, there have been numerous cases about blockchain technology supporting the resumption of work and production of small and medium-sized enterprises.

Here we use the combination of China (Fujian) International Trade Single Window and Blockchain to illustrate

The protagonist! !

We quote the China (Fujian) International Trade Single Window

The third issue of "Case Analysis Service" for analysis

Quickly scroll down with your little hands

Get full of knowledge quickly~

⑸ Is blockchain digital currency reliable?

Only DAPP applications are useful , the currency is fake. Just one application.

⑹ What are the scams of blockchain?

"Blockchain" is an important concept in the new era. It is essentially a centralized database and a digital currency. underlying technology. according toIn our popular explanation, the "blockchain" can be regarded as a ledger, and each bill is a block. However, this ledger is centralized, and it can be said that no company or team has jurisdiction over it. "Blockchain" technology is a unique informatization that is centralized and cannot cross-change information. Now in daily life, this technology has been applied to a series of applications such as electronic invoices and payment codes.
In today's life, many people use this guise to commit fraud. Direct sales disks, capital disks, technology disks and other names are used to lure people to make money and then run away. As a result, many people have lost their funds and have nowhere to defend their rights. In the end, I can only say that "blockchain" is a lie. There is no right or wrong in technology, it’s the people who are wrong.
With the progress of the times and the progress of society, the initial application of any technology will be subject to various positive and negative doubts. However, with the relative application and maturity of technology, coupled with the improvement of technology, various aspects around people have formed. This application will continue to improve, and I believe that these doubts will slowly dissipate in the near future.
The following is a summary of some blockchain scams that are often around you!
Trap 1: Blockchain is about issuing coins to make money
Trap 2: Conducting virtual currency transactions, promising low investment and high returns
Trap 3: Decentralization can solve all problems
Trap 4: With the extension of the blockchain, you can make money with a mining machine
Trap 5: Transactions on WeChat and Alipay to buy and sell virtual currencies
In short, the methods of scammers are also advancing with the times. Through our "eyes of wisdom", we can improve and enhance our adaptability, discover and alert ourselves, and prevent being deceived. Investors must be wary of various deceptive methods that offer low investment and high returns.

⑺ How to make money with blockchain? Is it a scam?

It is not a scam. Generally speaking, the blockchain is still in its infancy, and many projects have not yet been implemented. Only those who respect the law of growth can Only by cultivating it step by step under certain conditions can it gradually mature. Technology is neutral, but it is human nature that determines the direction and outcome of technology. How blockchain and digital currency will develop in the future depends on the values ​​​​and civilization of the controller.
Blockchain can allow you to make money in this industry, but it can also make you bankrupt. Therefore, I would like to remind users that they need to be cautious when investing. Don’t let yourself get involved without making money, and the gain outweighs the loss. There are also many blockchain scams. We must also be more vigilant to avoid being deceived and causing unnecessary economic losses.
Expand information
Pre-loan stage
Blockchain technology can first be applied to the logistics supply chain to help banks and other lending institutions more comprehensively and accurately grasp the real main business, transaction background, and financing of small and micro enterprises. Downstream affiliated enterprises, as well as their negotiating position in the supply chain, product sales, rhythm and path of payment, etc., on the one hand, help more asset-light, high-growth and high-quality enterprises obtain financing support through transaction bills, logistics documents, etc. On the one hand, it prevents problem companies from fabricating, forging business backgrounds and defrauding capital needs.loan.
In addition, blockchain can also be applied to the provident fund interconnection to help banks understand the actual payment status of social security, provident fund, etc. of shareholders, executives, and ordinary employees of borrowing companies, so as to reasonably evaluate the size of the company's personnel and operating conditions, and provide credit and loans. Provide sufficient basis for approval decisions.
Loan stage
Blockchain technology can be applied to corporate loan information review and mortgage and pledge review to help banks improve approval efficiency and ensure approval quality. In the financing process of enterprises, especially small and micro enterprises, they often need to provide contracts and other necessary materials. Paper-based contracts with multiple signatures and seals are not only inefficient, but also have a series of problems such as forgery, alteration, and false signatures, which bring problems to bank approval. Greater counterfeiting, fraud and credit risks.
With the support of blockchain technology, relevant real-name information subjects, orders and ordering processes, electronic contracts, agreement signing processes, subsequent supplementary agreements, and photo materials can be preserved in real time, and all stored certificates cannot be tampered with. Ensure that the bank quickly authenticates and approves, and efficiently resolves disputes when they arise. In addition to traditional real estate, other assets owned by enterprises and business owners, including bank financing and other financial assets, can also be used for transfer and pledge, becoming a qualified basis for credit enhancement that can be accepted by banks, improving the availability and immediacy of corporate credit. .
Post-loan stage
Blockchain technology can be applied to the timely assessment of an enterprise's production and operation status and ability to perform repayments, helping banks to effectively grasp credit risks and adjust post-loan risk control strategies at any time. In past business practices, banks often neither fully understand the true market value of mortgages and pledges, nor can they well judge the impact of an enterprise's operations in warehousing and exiting on the market value of remaining mortgages and pledges. The ability to control new loan types such as warehouse receipt pledges is relatively low.
After switching to digital warehouse receipts supported by blockchain technology, product quality, quantity, specifications, photos and other information can be completely and standardized on the chain, authenticity and traceability are fully guaranteed, and banks can technically prevent Enterprises and warehousing institutions fabricate warehouse receipts and inconsistencies between warehouse receipts and warehouse entry and exit information to ensure that post-loan management is effective. In addition, information such as factory buildings and office building leasing of borrowing companies can also be fully shared with banks, upstream and downstream enterprises and other intermediary service agencies through blockchain technology, minimizing the risk of money being lost and other issues such as "people leaving the building empty".

⑻ Several people around me have been deceived by blockchain



What are the blockchain scams? Beware of these seven scams!

Nowadays, the concept of "blockchain" is very popular, and blockchain scams are also coming. Many people who dream of getting rich overnight are led into a "cage" and become "leeks". Harvest.

Trap 1: Blockchain is about issuing coins to make money

Fraud tricks

Blockchain is an epoch-making technological change. This is to guide you through The last train on the road to wealth and freedom. If you miss ten thousand times of Bitcoin, do you still want to miss ten thousand times of XXX coins? ××× currency, Bitcoin is even more awesome, its potential is unlimitedBig limit! Today, if you invest in our ××× coins, you can quickly achieve financial freedom.

The truth

Equating "blockchain" with "issuance of currency" is a stolen concept. Blockchain is a technology, and currency issuance is an act derived from blockchain technology. At present, the vast majority of blockchain applications that focus on issuing and speculating coins are suspected of illegal fund-raising.

Trap 2: Buying coins with the promise of high returns

Fraud routine

If you miss ten thousand times of Bitcoin, you will also miss ten thousand times of ××× coins ? ×××coin is more powerful than Bitcoin, and its potential is infinite!

The truth

From directly setting up a website to sell coins and collect money, to cloning Bitcoin and renaming junk altcoins, to the so-called ICO... In recent years, scammers have We are also advancing with the times and upgrading technology. However, the core of these routines will always remain the same - I can make you rich overnight. But the key point is that if the rewards were really that great, I would have made a fortune long ago. How could it be your turn to be a non-relative? You are not his father!

Trap Three: Decentralization can solve all problems

Fraud Routine

Join us, decentralized blockchain will change the world! We currently live in a centralized world: when you transfer money from the bank, you need to transfer it from the central system; when you make suggestions to the company, you need to report to the supervisor first... If it is decentralized, you can bypass the center and directly Do what you want to do, and there will no longer be a center to constrain you. Isn't this a way to change the world?

The truth

Decentralization is one of the most valuable features of the blockchain, but this feature is achieved by sacrificing its network efficiency, which not only decentralizes but also improves efficiency. There is currently no perfect solution. Moreover, decentralized applications are not suitable for all fields. It is a misunderstanding and trap to regard decentralization as "universal".

Trap 4: Having a white paper means practical application

Fraud tactics

In order to gain the trust of the masses, scammers will often release a white paper and Promote: "Utopias that are divorced from reality are useless. We are a project with real applications. And we have released our own white paper."

In the white paper presented, the founding team's Each member has a high degree of overseas education and has won a certain award; the technology of the project is described as very mature and has been applied. However, most of the white paper is written in English, and some technical terms are also difficult to understand.

The truth

In fact, if you look online, you will find that the academic qualifications of many team members are lies. In addition, blockchain technology is still in its early stages, and it is difficult to implement its applications. If you rely solely on a white paper to claim that there is an application, it is a kind of deception in itself.

Trap Five: Celebrity Platform is a Good Project

Fraud Routine

Some people say that blockchain applications are difficult, but our project is different from others. be significantly better thanFor other projects, you can tell just from the backend strength behind us. You see, here are the famous investors ××× and ×××. They are blockchain technology experts and are very well-known in the industry. You can check their information online and you will know how powerful they are.

The truth

Looking for celebrity platforms has become a common fraud routine for many "blockchain scams". Because he doesn't have much strength, he can only rely on celebrities to "support the scene." Moreover, the possibility of celebrities being "touched" is not ruled out.

Trap 6: You can make money just by having a mining machine

Fraud routine

In addition to buying our tokens, you can also buy our mining Machine, lie down and make money. Our tokens can be produced through this mining machine, and when the tokens are circulated in the market, we can wait for appreciation and make money.

The truth

First of all, mining with a mining machine requires costs, it consumes a lot of electricity, and the electricity cost is very high. Secondly, although you can get some tokens through mining, the price of the tokens will continue to fluctuate, and you may lose a lot of money.

In addition, ICO has been banned by the country, but in order to achieve the purpose of issuing coins, some blockchain projects have come up with the idea of ​​selling mining machines to allow investors to mine and hold coins. This IMO method has been characterized as a "disguised ICO" and is also an illegal fund-raising behavior.

Trap 7: Collecting coins from WeChat transactions

Fraud routines

Some people make their circle of friends very impressive, making novice users feel trustworthy. The credibility is very high. Then he pretends to be a user who collects coins off-site and asks the other party to transfer the token first and then pay. After receiving the token, he turns his back and refuses to recognize the person, and then continues to look for the next prey.

The truth

Since the current token address cannot be associated with the user's identity, it is basically impossible to retrieve it after being deceived. Moreover, virtual currency is not legal tender. Even if the police call the police, the case will not be filed.

Summary reminder

The "high-end" blockchain is not something ordinary investors can play with. In the face of obscure professional terms and myths about wealth, it's best to stay away.

Moreover, the tricks of scammers are also advancing with the times, and they will use various means to improve their deception capabilities. Investors should remain vigilant and never be fooled by exaggerated profit returns and "celebrity effects". They must remember: high returns come with high risks, and prudent investment is king!

Excerpted from the Internet

⑼ Is the blockchain a lie?

"Blockchain" is an important concept in the new era. In essence, it is a Centralized databases are also the underlying technologies such as digital currencies. According to our popular explanation, the "blockchain" can be regarded as a ledger, and each bill is a block. However, this ledger is centralized, and it can be said that no company or team has jurisdiction over it. "Blockchain" technology is a unique informatization based on centralization and the inability to cross-change information. Now this technology has been applied to electronics in daily life.Invoices, payment codes and a series of applications.
In today's life, many people use this guise to commit fraud. Direct sales disks, capital disks, technology disks and other names are used to lure people to make money and then run away. As a result, many people have lost their funds and have nowhere to defend their rights. In the end, I can only say that "blockchain" is a lie. There is no right or wrong in technology, it’s the people who are wrong.
With the progress of the times and the progress of society, the initial application of any technology will be subject to various positive and negative doubts. However, with the relative application and maturity of technology, coupled with the improvement of technology, various aspects around people have formed. This application will continue to improve, and I believe that these doubts will slowly dissipate in the near future.
The following is a summary of some blockchain scams that are often around you!
Trap 1: Blockchain is about issuing coins to make money
Trap 2: Conducting virtual currency transactions, promising low investment and high returns
Trap 3: Decentralization can solve all problems
Trap 4: With the extension of the blockchain, you can make money with a mining machine
Trap 5: Transactions on WeChat and Alipay to buy and sell virtual currencies
In short, the methods of scammers are also advancing with the times. Through our "eyes of wisdom", we can improve and enhance our adaptability, discover and alert ourselves, and prevent being deceived. Investors must be wary of various deceptive methods that offer low investment and high returns.

⑽ Central media exposed 11 suspected MLM projects that use 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 and WeChat Security , Jiaozhen Platform and other authoritative content media 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.”

Domestic regulatory agencies in 20In May 2018, it was discovered that there was 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. This absurd farce ended and the legendary Zhang Jian finally fell from the altar.

According to the reporter’s understanding, among the 11 MLM coin projects this time, there is also the plot of “Real and Fake Monkey King”. The MLM organization used Stellar Lumens, which ranks sixth in the world’s market capitalization, 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 as one of the 350 MLM organizations by CCTV, but under the control of desire, it could not 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.

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 despises all living beings.

Today, Bitcoin has been rectified under the light of blockchain, and few people have mentioned its ancient past that was single-handedly promoted by the dark web. 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 put on file for 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. Who has mastered the skillTechnology serves whomever the technology serves.

In the past, MLM organizations tried to achieve financial freedom 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.

"It's tragic enough that talent is not enough to support ambition. What's even worse is that the whole body is full of ambition, but the IQ is squeezed into hell." The family members were fascinated by the "stellar currency" and lost all their money. At that time, a netizen’s message was thought-provoking.

The Asia-European currency fraud involved 4 billion yuan, and more than 70,000 people were deceived; the GCB glory currency involved hundreds of millions of yuan, and it has hundreds of thousands of registered members; the EGD network gold involved 10.9 billion yuan, and the registered members As many as 500,000 people; Wanfu Coin involved a case amount of 2 billion yuan, with 130,000 registered members; Darkcoin 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; The amount involved in the Laihui Coin case is 500 million yuan, with 200,000 registered members...

According to the reporter’s understanding, the number of MLM coins currently on the market is far more than the number listed this time.

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

Based on the 166 cases of virtual currency pyramid schemes in 2018, in just a few years, virtual currency pyramid schemes have accounted for 5% of my country’s overall pyramid schemes (166/3612). This does not include the numerous ICO (Initial Coin Offering) MLM projects that are registered overseas and cannot be dismissed domestically for the time being.

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 still have no resistance.

Under poverty and economic weakness, greed and hunger that have nowhere to go have become the biggest breeding ground for MLM coins. What about MLM coins? In front of desire, there is no need for IQ.

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 jumped on the blockchain train.

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

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