Sending money is a scam. Why is nobody in charge?

Pi, created by Stanford University doctoral team. Virtual currency _O, which can "mine" on mobile phone, can be used to mine for free, if you are willing to bear, rely on, enjoy and kill Mu Ye Jiao Jiao Charlotte's "Hopping _ pp", but it is illegal. This is a scam. In essence, sending coins is a pyramid scheme coin, a fake blockchain, and under the slogan of "blockchain technology" and "digital currency", it began to illegally attract funds to defraud investors. The so-called currency means that a number on someone else's server can be changed at will, and you can seal it if you want (for example, if you expose a scam in their discussion group, it will be blocked), and you can shut down the server and run away at any time.

1. Yu Jianing, the rotating chairman of the blockchain professional committee of China Communication Industry Association, reminded investors that a few frauds dressed in blockchain will set a very low threshold for users in the early stage, with simple operation and low capital threshold (free), and promote the project through the "head-up" reward model and a lot of publicity. At the beginning, the project party essentially wanted to build a multi-level distribution system. In the second stage, the project announced that virtual currency can be transferred or traded, and there is the possibility of capital circulation, so it is looking for opportunities to sell virtual currency in large quantities, and the risk of investors will be greatly increased.

2. Yu Jianing summed up four "lightning" ways for investors: First, be wary of risk-free and high-return blockchain projects. The price of encrypted assets has soared and plummeted frequently, and in extreme cases, the air currency may be zero. The second is to avoid projects that are realized through "pulling people's heads" and multi-level rebates. This pyramid scheme is extremely risky. The third is to learn to look at the open source program of GitHub. You can find its parameters and operation mode on the blockchain browser, as well as all accurate information about asset circulation, circulation and transfer records. Fourth, blockchain projects that use over-the-counter transactions or specific exchanges need to be carefully screened, and prices are likely to be highly manipulated and cannot be freely priced.

3. With the help of Bitcoin and dogecoin's myth of making wealth, digital currency with various names can be described as "eight immortals crossing the sea to show their magical powers". Recently, a kind of coin delivery (Pi) that claims to be able to "dig coins" with mobile phones has caught fire in the circle of friends. News of sending coins to "pull people's heads" can be seen everywhere in Weibo and WeChat circle of friends. Mobile phones can "mine". Can such blockchain technology be realized? Many people in the industry said that the mainstream "mining" project requires a lot of computing power, and complex algorithms can be designed to achieve encryption and security, which is difficult to achieve with mobile phones. Investors should be alert to the use of "Ponzi Model" to promote virtual currency projects, be alert to the risk of being "smashed" and "chopped", and even fall into the trap of illegal fund-raising or be invaded by privacy.