4 thoughts on “Is Bitcoin a kind of MLM?”

  1. Bitcoin is a consensus network that has promoted a new payment system and a complete digital currency. It is the first decentralized peer -to -peer payment network, which is controlled by its own users without the need for central management agencies or intermediaries. From a user perspective, Bitcoin is much like the cash of the Internet. Bitcoin can also be regarded as the most outstanding three -type bookkeeping system at present.

    The Ponzi scheme is a fraud investment operation. It uses the investor's own money to pay for investors, or use the money of new investors The money made by the company itself is rewarded. When there is not enough new investors to join, it will cause the Ponzi scheme to disintegrate, and the final investor will suffer losses.
    Bitcoin is a free software project without central management agencies. Therefore, no one can make false statements for investment returns. Like other major currencies, such as gold, USD, euro, yen, Bitcoin cannot guarantee purchasing power and the exchange rate is freely floating. As a result, the volatility makes Bitcoin holders unable to predict profit or loss. The fact is that because of its useful and competitive characteristics, Bitcoin is being used by thousands of users and enterprises.

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