Blockchain is not a scam.

　　Blockchain is a decentralized distributed ledger technology that allows for secure and traceable exchange of data without a central manager. Since its inception, this technology has shown tremendous potential for application in various fields such as finance, supply chain management, and copyright protection. Viewing it as a scam is undoubtedly a misunderstanding of this technological innovation and its value.

　　The core characteristics of blockchain include immutability and decentralization, which make it extremely secure in the process of data recording and transactions. For example, in supply chain management, blockchain can ensure that the source and circulation path of products are reliably recorded, thereby effectively combating counterfeit and shoddy products. In the financial industry, blockchain technology can simplify cross-border payment processes, reduce transaction costs, and improve the transparency and efficiency of transactions.

　　In addition, blockchain has given rise to innovative tools such as smart contracts and decentralized applications (DApps), which further expand the scope of application of blockchain technology. Smart contracts can automatically execute pre-set contract terms, reducing the possibility of human intervention and disputes. Decentralized applications provide users with a completely new, third-party trust-free service interaction method.

　　Although blockchain technology faces many challenges in the process of development, such as scalability issues and regulatory compliance, these challenges do not constitute a reason to regard blockchain as a fraud. On the contrary, they are the driving force for the continuous progress and improvement of technology. With more and more enterprises and governments exploring the application of blockchain, we have reason to believe that this technology will play a more important role in social and economic development in the future.

　　In summary, blockchain is not a fraud but a revolutionary technology that is gradually changing our way of life and work. With the continuous maturity of technology and the deepening of applications, blockchain will undoubtedly bring more opportunities and development space to human society.

　　The fraud of blockchain wallet.

　　Today, I want to share with you the fraud of blockchain wallet.

　　Currently, there are all kinds of blockchain projects on the market, with each industry hot and each chain and coin emerging!

　　These blockchain projects belong to financial investment projects and are different from the blockchain technology advocated by our country’s key development direction. It is a capital pool that uses blockchain technology as a lure for packaging, speculation, hype, and making money.

　　Blockchain is a decentralized super ledger that cannot be copied, falsified, or altered. Such technology has many practical application scenarios in large companies such as banks, insurance, Alibaba, and Tencent.

　　And many so-called blockchain projects have no service targets. They just add blockchain, so who is their service target? Where is the application? It’s just to create a concept and raise the coin price to make money.

　　I believe that the two types of people who understand human nature the most are psychologists and conmen. In the eyes of these幕后大佬, big conmen, this new technology of blockchain, mixed with virtual currency, is a perfect story framework that can be used to make money with a little processing.

　　The mainstream virtual currencies do not have such a short cycle as domestic pyramid schemes or山寨coins, collapsing at the speed of light. Instead, they fluctuate up and down over a long cycle, just like the stock marketlottery method and The latest plan. There’s a saying in the cryptocurrency circle: holding a coin is harder than being a widow.

　　So, those who are always dreaming of getting rich quickly, holding these legendary seeds that can make you rich, but watching them fluctuate every day, rising and falling, isn’t it like sitting on a needle? How many ordinary people can endure it?

　　At this time, blockchain wallets emerged in response, saying, ‘As long as you deposit the virtual currency you have in my wallet, I guarantee both capital and returns, and it’s incredibly comfortable to get rich by lying down.’

　　Once there was a very popular wallet that claimed to be risk-free with an interest rate as high as 10% to 30% per month. The operation was even simpler than P2P. First, you had to deposit the virtual currency into the app account, then turn on the ‘Smart Dog’ bricklaying mode, and then just open the wallet every day to watch the assets increase. It’s as if you could make money while lying down.

　　而且，只要使用复利投资模式再加上拉人，一年收益保守估计达700%!如果拉人拉满10级，则是1400%的收益率!傻子都知道能暴富！

　　呵呵，这就是操盘手的高明，一个产品就把韭菜们心理安排得明明白白的!

　　谓钱包，说得好听一点叫“量化交易搬砖”，实际上呢，只是个伪装的资金盘。本质就是固定返利，其实就是以前的那些操盘手发现消费返利也不好使了，他就开始去包装，看现在区块链正热，他拿着主流币来做文章，我包装出来一个钱包，说我的钱包有高频套现，高频交易的功能，以前那都是拿钱买产品，或者是直接拿钱给我，你不放心了，现在我不要钱了，你拿钱去买成比特币然后把你的比特币放到我的钱包里，我按照你放币的多少，每月每日来给你利息。

　　那么，比特币就是钱，你的币也是你拿钱买的，最终差不多的时候他可能就关网跑路了，然后把你的币全部拿走，自己到交易所全部变现。

　　你要他的利息，他要你的本金！

　　区块链钱包的模式，实际上它是运用固定返利的一个模式来吸引投资者，所不同的是存入的是Online casino and How to find it 。最具典型代表的区块链钱包就是plus钱包，

　　比如说你把比特币存进去以后，每天给你返利，返利的来源宣称是有智能搬砖套利作为一个收入的来源，然后返给你平台币，再把平台币通过和国际大盘的一个lottery and How to find it 进行兑换，然后去火币网提现来获得收益。你提现的时候会收取你一个手续费，比如说28天以内的提现收取你5%的手续费，28天以后你再提现，只收你1%的提现手续费。

　　在2018年的5月1号正式上线，10月plus钱包交易平台上线，在2019年的6月崩盘，运行了一年多时间，这个盘包装成了韩国的一个团队运作，实际上是中国人开的盘。6个操盘手目前已经被中国的警方抓获，这个项目有100万的会员参与，涉及的资金达到200亿元。

　　从运行的时间上来看，这款产品存在的周期算长了，应该是超乎当初很多人想象的，综其原因：

　　一是用于投资的是虚拟币，提现出来的也是虚拟币，对于这些主流币，韭菜们存在着更美好的幻想，认为升值空间还很大，放着更赚钱。既然提出来也是放着，那为什么不继续放在plus钱包里拿收益呢?一定程度上延缓了大规模提现的时间。

　　二是，plus钱包花了大钱做宣传造势，一会赞助什么区块链大会，一会又说开发新产品、系统新上线，一会又说要上市。疯狂造势的目的只有一个，以时间换空间。

　　下面详细给大家介绍区块链的钱包的几个套路：online casino entry method and What is it

　　第1点，所谓的搬砖套利是不可能支撑你后续的返利收益的。

　　因为真正搬砖的收益并不是稳定的收益，而且也不会像他所描述的那么的可观。

　　像plus钱包，按崩盘前的返利的数据来测算，需要每天返利7亿元才能继续的经营，那么这个数字它就是天文的数字。显然智能搬砖套利它是没有办法做到的。如果你认为能，那么已经没你什么事了，有这么高的搬砖技术，还需要靠奖励拉人吗?自己就能搬了，还有大机构抢着投资，哪有你什么事啊!

　　第2点，平台返给前面人的钱，主要还是从后面进来的资金来进行返利，和固定返利盘的特征是一模一样的online and Latest。

　　你想高达10层的推广奖励制度，以及超高的返利，还要支付高额存币利息。所以很快后面的资金就会跟不上返利的速度，资金链就会出现问题。平台就会关网跑路。

　　第3点，平台币兑换比特币的通道随时都是可以关闭的，至于什么时候关闭，只有操盘手它来决定，所以你随时面临着巨大的风险。

　　第4点，规定你28天内提现要收5%的手续费，而28天以后提现只收你1%的手续费，这个目的就是让你尽量的延长提现的时间，他可以把资金池沉淀更多的资金。

　　本来，大家进入币圈就是因为这是一个去中心化的技术，你把币存入真正的钱包中，只要保管好你的私钥就没有人可以夺走你的资产。

　　结果你又把去中心化的资产，交给一些远在国外的中心化平台。

　　我们从另一个角度分析

　　私钥256位长的2进制，经过编码成数字和字母。最后映射成单词，便于记性，也就称作助记词。

　　偏偏有的钱包助记词不一样。plus的助记词是一堆乱字符。还有的钱包助记词非要弄成中文等等。

　　总之区块链钱包的核心就是让你把主流币存到他钱包里，然后返给你很多他们的平台币，你的币是钱，它的币就只能是币了。你推荐别人来这里存币的，你还有推广收益，其实它的本质大家想一下就知道了，和拿钱返钱是一个道理，只不过是用了币而已，然后告诉你我的资金流是安全的，不用担心崩盘、跑路，因为我不摸钱，骗谁呢，币不是钱啊，对不对?

　　Do you want your mnemonic phrase to be different, and can you import it into another wallet? Definitely not, it’s only your wallet that can be used, which makes it a completely centralized platform.

　　What are the scams in blockchain?

　　“Blockchain” is an important concept of the new era, essentially a centralized database, and also the underlying technology of things like lottery and How to find it. According to our通俗的解释, we can regard “Blockchain” as a ledger, where each bill is a block, but this ledger is centralized, and it can be said that there is no enterprise or team that governs it. The technology of “Blockchain” is characterized by centralization, unchangeable information, and is now applied to a series of applications such as electronic invoices and payment codes in daily life.

　　For now, many people are using this pretext to defraud, direct sales, fund pools, science and technology pools, and other names to attract people to defraud money and then run away. Many people have suffered financial losses and have nowhere to seek legal rights. In the end, they can only say that ‘blockchain’ is a scam. Technology has no right or wrong, the error is in people.

　　With the progress of the times and society, the application of any technology will always be subject to various positive and negative doubts. But as the technology is relatively applied and mature, and with the improvement of technology, the various applications around people will also be constantly improved. It is believed that these doubts will gradually fade away in the near future.

　　Below, we summarize some common blockchain scams around us!

　　Trap one: blockchain is money-making by issuing currency

　　Trap two: transactions in Online casino and How to find it with promises of low investment and high returns

　　Trap three: decentralization can solve all problems

　　Trap four: with the extension products of blockchain, having a mining machine can make money lying down

　　Trap five: online transactions and purchases of Online casino and How to find it through WeChat and Alipay

　　In summary, the methods of scammers also keep pace with the timesonline casino plan and Just click to enter. We need to use our “legal eyes” to enhance our ability to adapt, to discover and warn ourselves, to prevent being deceived, and investors must be vigilant about various deceptive methods with low investment and high returns. What are the characteristics of illegal fund-raising, pyramid selling, and fraud through hyping blockchain concepts?

　　Firstly, it is obvious in networking and cross-bordering.

　　Relying on the Internet and chat tools for transactions, using online payment tools to collect and pay funds, the risk affects a wide range and spreads quickly. Some lawbreakers set up websites by renting overseas servers, actually targeting residents within the country, and remotely controlling the implementation of illegal activities. Some individuals claim in chat group that they have obtained investment quotas for high-quality overseas blockchain projects and can act as intermediaries, which is very likely to be a scam. Most of these illegal activities involve funds flowing overseas, making supervision and traceability very difficult.

　　Secondly, strong in deception, temptation, and concealment.

　　Using hot concepts for hype, fabricating a variety of “high and sophisticated” theories, some even use famous internet celebrities to promote, with incentives such as airdropping “candies”, claiming that the “value only goes up and never goes down”, with a short investment cycle, high returns, and low risk, which has a strong persuasive power. In actual operations, lawbreakers make illegal profits by means such as manipulating the price trend of Online casino and How to find it, setting profit and withdrawal thresholds, and other means. In addition, some lawbreakers issue tokens under new names such as ICO, IFO, IEO, or use the flag of sharing economy to hype Online casino and How to find it through IMO, which has strong concealment and deception.

　　Legal basis:

　　Article 266 of the Criminal Law of the People’s Republic of China stipulates that those who defraud public and private property, with a substantial amount, shall be sentenced to not more than three years of imprisonment, criminal detention, or control, and may be sentenced to a fine; those with an extremely large amount or other serious circumstances shall be sentenced to between three and ten years of imprisonment, and a fine shall be imposed; those with an especially large amount or other particularly serious circumstances shall be sentenced to more than ten years of imprisonment or life imprisonment, and a fine or confiscation of property may be imposed.

　　What are the scams in blockchain?

　　“Blockchain” is an important concept of the new era, essentially a centralized database, and also the underlying technology of things like lottery and How to find it. According to our通俗的解释, we can regard “Blockchain” as a ledger, where each bill is a block, but this ledger is centralized, and it can be said that there is no enterprise or team that governs it. The technology of “Blockchain” is characterized by centralization, unchangeable information, and is now applied to a series of applications such as electronic invoices and payment codes in daily life.

　　For now, many people are using this pretext to defraud, direct sales, fund pools, science and technology pools, and other names to attract people to defraud money and then run away. Many people have suffered financial losses and have nowhere to seek legal rights. In the end, they can only say that ‘blockchain’ is a scam. Technology has no right or wrong, the error is in people.

　　With the progress of the times and society, the application of any technology will always be subject to various positive and negative doubts. But as the technology is relatively applied and mature, and with the improvement of technology, the various applications around people will also be constantly improved. It is believed that these doubts will gradually fade away in the near future.

　　Below, we summarize some common blockchain scams around us!

　　Trap one: blockchain is money-making by issuing currency
online and The latest method
　　Trap two: transactions in Online casino and How to find it with promises of low investment and high returns

　　Trap three: decentralization can solve all problems

　　Trap four: with the extension products of blockchain, having a mining machine can make money lying down

　　Trap five: online transactions and purchases of Online casino and How to find it through WeChat and Alipay

　　In short, the methods of the scammers are also keeping pace with the times. We need to use our ‘legal eyes’ to enhance our ability to respond, to discover and alert ourselves, to prevent being deceived, and investors must be vigilant about various deceptive methods with low investment and high returns.

　　Central media exposes 11 pyramid scheme projects suspected of using blockchain to issue currency.

　　At the beginning of the new year, the sound of blessings is still in the ear, People’s Daily, in conjunction with Tencent News, WeChat Security, and the Gaozhen Platform, etc., released the list of pyramid scheme projects involved in 2018.

　　The journalist noticed that among the 78 projects involving pyramid schemes exposed, there were 11 projects that used blockchain to issue currency for pyramid schemes.

　　The losses caused by pyramid schemes disguised as blockchain are far greater than those of ordinary crimes, as the invisible hand completes the transfer of huge wealth, becoming the biggest pest in the blockchain era.

　　On November 24, 2018, Sebastian Greenwood, the mastermind behind the OneCoin OneCoin who had been逍遥法外 for a long time, was successfully captured by the FBI and the Thai Crime Suppression Bureau, and the mastermind was extradited back to the United States for trial.

　　Bastian Greenwood is the mastermind behind the global Ponzi scheme OneCoin. It is reported that OneCoin sets up a ‘OneAwards’ bonus system to reward participating members, who often participate in projects initiated by this organization, and the so-called projects raise funds for its global foundation.

　　However, it was soon disclosed that: ‘Wika Coin uses publicity and activities overseas to appear very ‘high-end’, and through high returns and acquaintances, it actually constitutes a vast pyramid scheme system.’

　　In May 2018, domestic regulatory agencies found that about 7.2 million US dollars were related to the OneCoin Ponzi scheme.

　　The scam of online casinos and how to find them has been around for a long time, some pyramid schemes are not sophisticated, but they have done great harm to people.

　　From April 2, 2016, to June 22, 2016, a woman named Li from Zhongshan City was introduced to a man named Xu Moubin by her neighbor Ah Jun (pseudonym). During this period, Xu Moubin and Ah Jun repeatedly promoted the virtual ‘Mark Coin’ to her, luring her with dividends and appreciation. She believed in it and eventually bought about 600,000 yuan of ‘Mark Coin’ in 9 installments. It was not until February 2017 that she realized she had been deceived when the ‘Mark Coin’ website closed.

　　Among many pyramid scheme cases, the most ‘classic’ case is the famous ‘Wuxing Coin’ with a value of over 100 billion.

　　As early as 2013, the State Administration for Market Regulation included Zhang Jian’s ‘Yunshuomao Alliance’ in the pyramid scheme cases; in October 2014, Zhang Jian was arrested; in December 2016, Zhang Jian was released from prison and soon launched the Wuxing Coin pyramid scheme project. It is reported that the Wuxing Coin project also has Zhang Jian’s portrait, while Zhang Jian is actually a high school student named Song Miyao. In June 2017, Zhang Jian was arrested in Indonesia and returned to China, bringing this absurd farce to an end, and the legendary figure Zhang Jian finally came down from the pedestal.

　　According to journalists, among the 11 pyramid scheme projects this time, there is a plot of ‘the real and the fake Monkey King’, where pyramid schemes pretend to issue their own ‘Stellar Coin’ by borrowing the global market value ranking of the 6th, and investors fall into the trap without realizing it.

　　Let’s talk about another story of Dogecoin.

　　In 2017, Dogecoin was listed as one of the 350 pyramid schemes by CCTV, but under the manipulation of desire, it could not stop the strong rise of Dogecoin.

　　Dogecoin, a cute and萌dog face emoji, is known as Dogecoin, with the abbreviation DOGE, and was born in December 2013. Co-founder Jackson Palmer said that at first, it was just a joke to mock Bitcoin. However, with the promotion of Reddit (an American social news site), the website of the Dogecoin project became popular in just two weeks.

　　It can be said that the birth of Dogecoin is closely related to American internet culture. On the American forum Reddit, the Doge emoji is as popular as the domestic top three emojis, meaning it is equivalent to the rich in China.

　　The founder stated that Dogecoin is different from Bitcoin, where people do not participate for speculation, but to express feelings of sharing and concern. This also led to the fact that at the beginning, the spread of dogecoin relied on sharing among people.

　　According to the OnChainFX data of Messari, the average daily active addresses of Dogecoin in December 2018 were more than those in December 2017, making it the third most active cryptocurrency on a daily basis, after Bitcoin and Ethereum.

　　Currently, Dogecoin ranks second only to Bitcoin and Ethereum in terms of daily active addresses, reaching 72,955 per 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 the real-time data of the cryptocurrency tracking website Coinmarketcap, today the price of Dogecoin is hovering around $0.0023, and the market value has fallen from a peak of $1.7 billion on January 9, 2018, to $268 million. Like most other currencies, in one year, the decline has exceeded 80%.

　　However, the market value of Dogecoin still ranks 24th in the global market value ranking. Compared with more than 2,000 types of cryptocurrencies, it is still an existence that looks down on the masses.

　　Today, under the light of blockchain, Bitcoin has been rectified, and few people mention its past history of being promoted by the dark web. However, it cannot be denied that there are still a large number of pyramid coins that claim to be blockchain-based but are actually pyramid schemes.

　　On the one hand, blockchain carries the technical ideals of geeks, and on the other hand, it is also exploited by those with ulterior motives.

　　Currently, in the early stage of blockchain technology development, an idealist and a fraudster coexist, and speculators drive out practical people, creating a strange circle. With the arrival of the winter of the cryptocurrency market, one project after another has collapsed, and the bad driving out the good is also constantly unfolding.

　　There is a joke that a person doing blockchain and a person doing pyramid schemes were chatting, and the latter was surprised: ‘This is illegal, you know.’

　　In fact, pyramid scheme participants are constantly thinking about one question: how to be legal. Can obtaining a direct selling license make it legitimate to deceive openly? The facts have proven that it cannot.

　　After the Tianjin Quanjian incident broke out, on January 1 of this year, Quanjian Natural Medicine Science and Technology Development Co., Ltd. was suspected of organizing and leading pyramid schemes and false advertising crimes and was investigated. Then, in the eagerly awaited wait, on January 7, it was reported that Quanjian’s boss Shu Yuhui and 18 other suspects had been detained on criminal charges.

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

　　It is not surprising that capital seeks profits by any means, as this is the nature of capital. At the same time, technology has no values. Whomever masters technology, technology will serve for that person.

　　In the past, pyramid schemes attempted to achieve financial freedom by recruiting new members without capital or technology. Now, pyramid schemes have found a new ‘rich-making’ method, which can also effectively avoid legal supervision, that is, to issue pyramid coins under the guise of blockchain.

　　Seeing is believing. The 24-hour-a-day, 7-day-a-week lottery and How to find it trading, unknown cryptocurrencies that can double in value in a day, and the myth of becoming rich with a coin and a villa. While blockchain is booming, it has also brought fire to lottery and How to find it.

　　‘Blockchain is not a bubble, Bitcoin is.’ Jack Ma has more than once propagated his views in public. Unfortunately, in the eyes of most investors, blockchain is lottery and How to find it, and lottery and How to find it is blockchain.

　　Journalists learned that some pyramid schemes that pretend to issue coins based on blockchain will bring up the government’s strong support for the blockchain industry, but avoid talking about the related lottery and How to find it regulations.

　　‘Many pyramid currency schemes only use the name of blockchain, but do not use any blockchain technology, and are still different from the famous air currencies in the cryptocurrency circle. At least they are using blockchain technology in a real sense.’ An investor said.

　　‘It’s already terrible when one’s talent is not enough to support one’s ambition, but it’s even worse when one is full of ambition while one’s IQ has been pushed into hell.’ A netizen’s comment was thought-provoking when a family was bewitched by the ‘Stellar Coin’ and went bankrupt.

　　The Yayou currency fraud involved 4 billion yuan, with over 70,000 people deceived; the GCB Guangcai currency involved an amount over 1 billion yuan, with hundreds of thousands of registered members; the EGD network gold involved an amount of 10.9 billion yuan, with over 500,000 registered members; the Wanfu currency involved an amount of 2 billion yuan, with 130,000 registered members; the Darkcoin involved an amount of 1.5 billion yuan, with over 30,000 registered members; the Wika currency involved an amount of 600 million yuan, with 1.8 million registered members; the Laihui currency involved an amount of 500 million yuan, with 200,000 registered members…

　　According to journalists, there are far more pyramid currency schemes on the market than the number listed in this曝光.

　　Compared to the overall pyramid scheme cases in our country, according to the China Judicial Document Network, from 2002 to 2018, the total number of pyramid scheme cases in our country was 14,658, including 1,869 cases in 2014, 1,417 cases in 2015, 3,085 cases in 2016, 3,313 cases in 2017, and 3,612 cases in 2018, with the overall growth trend being much smaller than that of Online casino and How to find it pyramid scheme cases.

　　Based on the 166 cases of Online casino and How to find it pyramid schemes in 2018, it has only taken a few years for Online casino and How to find it pyramid schemes to account for 5% of the total pyramid scheme proportion in our country (166/3612). This does not include the numerous ICO (Initial Coin Offering) pyramid schemes registered overseas and currently unable to be resolved domestically.

　　The essence of pyramid coins is actually not very different from traditional pyramid schemes. Methods such as recruiting people, developing subordinates, and using physical goods as collateral have been played out, but in the face of such familiar套路, investors still have no resistance.

　　Under the poverty and economic downturn, the greed and thirst that have nowhere to go become the biggest cradle for pyramid coins. What about pyramid coins? In the face of desire, intelligence is not needed.

　　In this market, faced with endless temptations, most people are unable to distinguish whether this is a profitable investment or a scam that leads to complete loss. Under the temptation of greed, pyramid schemes have boarded the blockchain train.

　　But remember: pyramid schemes have been as fierce as tigers and wolves since ancient times, and the dream of a golden dream will eventually become a nightmare. What scams are there in the name of blockchain?

　　Recently, the person in charge of Ant Financial said that we should be vigilant about various scams that pretend to be blockchain, allowing this technology that should create greater value to become a sacrifice. He said that in the next year, blockchain is likely to face the bursting of bubbles, but this also means that the real value of blockchain is beginning to emerge.

　　Reports show that although giants such as Alibaba, Baidu, JD.com, and Suning are optimistic about the prospects of blockchain development and have been exploring and planning early on, only a few application scenarios have been implemented. The large-scale commercial application of blockchain faces the four major challenges of security, information protection, transaction performance, and incentive mechanisms.

　　The four major challenges are security, information protection, transaction performance, and incentive mechanisms. For example, in terms of information protection, there is a need to find effective technical solutions between the demand for protecting sensitive information and business secrets (not letting others know) and the need for multi-party consensus (letting more people know).

　　Experts say that people should be vigilant about various scams that pretend to be blockchain, allowing this technology that should create greater value to become a sacrifice. In the next year, blockchain is likely to face the bursting of bubbles, with real value beginning to emerge, and it will also usher in large-scale commercial applications in the business field within 2-3 years.

　　Source: Bit110 website – Ten out of ten blockchain is a scam?

　　Ponzi scheme is a term for fraud in the financial industry investment funds, the ancestor of the pyramid scheme (Pyramidscheme). Many illegal pyramid marketing groups use this trick to gather money. This kind of fraud was ‘invented’ by a speculator named Charles Ponzi.

　　The assets on the blockchain are just entering the stage of a major outbreak, lacking reasonable control, and the market management is still in the萌芽 stage, making it the most likely area for Ponzi schemes to appear. If the Ponzi schemes in the traditional financial product world are 10%, then the blockchain world has turned back, and now 90% are Ponzi schemes!

　　In fact, blockchain always has the potential to handle things, so there is no need for intermediary services, which would reduce many intermediary costs. Blockchain handles problems that rely on blockchain technology, such as the payment wallet we are using now, which is all centralized.

　　If you are not a professional, and if your risk-bearing ability is not high, then you undoubtedly are not suitable for the current blockchain venture capital circle. Due to the high proportion of Ponzi schemes, 9 out of 10 are scams (even though the elite team does not think of themselves as scammers, in fact, they are already engaged in deceptive behavior).

　　However, we also need to be more objective. Although 90% of the sales market is a Ponzi scheme, there were indeed many people who made a fortune by investing in blockchain last year, with Bitcoin, Ether, NEO all rising significantly, even some gas coins and ‘pyramid coins’ have made money.

　　Those who have really made a lot of money by owning blockchain assets are a very small number, just like the chance of winning a lottery ticket. Don’t be deceived by illusions! What are the common Online casino and How to find it scams at present()?

　　Currently, common Online casino and How to find it scams include:

　　First category: currency value appreciation unfreezing funds.

　　Second category: proxy mining Online casino and How to find it.

　　Third category: high-priced false recycling.

　　To prevent Online casino and How to find it scams, pay attention to the following points:

　　Establish a correct concept of currency. Unlawful elements pretend to be blockchain investment experts, claim to be insiders of ‘lottery and How to find it’, ‘blockchain’, and ‘financial innovation’ projects, and rely on the internet to widely promote Online casino and How to find it and virtual assets, illegal financial assets. They incite a large number of investors to seize the opportunity to participate in Online casino and How to find it trading. Currently, all so-called Online casino and How to find it in the market do not have the nature of currency. The public should rationally view Online casino and How to find it, recognize investment risks, and be vigilant against illegal scams.

　　Refuse ‘high returns and high returns’. Scammers use the spread of false information over the internet, often using phrases like ‘guaranteed profit’ and ‘high returns’ to entice victims. They promise high returns to gain the trust of investors, and then, after a large amount of money is invested in the Online casino and How to find it, they immediately close the business using system issues to trap the funds, and finally, they abscond with the investment money.

　　Be vigilant against the use of ‘national’ and ‘government’ names. Scammers often use the guise of ‘state issuance’ and ‘central bank authorization’ to lure investors. The Renminbi is the only legally recognized currency in China, and no other legal currency has been issued. The public must be vigilant and distinguish between truth and falsity.