Chen Weixing: anti fraud, anti pyramid selling, anti manipulation as a block chain, a top priority for world self governance

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 Chen Weixing: anti fraud, anti pyramid selling, anti manipulation as a block chain, a top priority for world self governance


In April 22nd, Chen Weixing, founder of fast taxi company and chairman of Pan city capital, shared his view on self governance of block chain in the circle of friends. He said that 10 times leverage and 20 times leverage of bitcoin futures contracts, in the current market environment, in itself is a controllable gambling. As a market maker or in vitro market maker, it is a natural necessity to use the edge data of the warehouse and the manipulation of price index to reap the leek under the great temptation of interest and the concealment of the transaction. In addition, Chen Weixing also proposed three modes of the current block chain chives crime: 1. fraud: false white paper and exaggerated propaganda, free token selling leek or misappropriation of funds; 2. manipulation: using high leverage futures insider data, bitcoin cash futures and combination of false news, high control disk operation manufacturing flow Mobile sex illusion, etc., manipulate price index harvest leek; 3. pyramid schemes: organizations sell coins to multi-layer kickbacks, sink to the countryside to cut aunt leek. The first two are often well-known figures in the currency circle, and most of the third groups have switched to traditional pyramid schemes. Anti fraud, anti pyramid selling and anti manipulation are also the most important things in the current self governance of the block chain world. Source: Fire news finance editor: Hou Wei Cheng _NT4124 He said that 10 times leverage and 20 times leverage of bitcoin futures contracts, in the current market environment, in itself is a controllable gambling. As a market maker or in vitro market maker, it is a natural necessity to use the edge data of the warehouse and the manipulation of price index to reap the leek under the great temptation of interest and the concealment of the transaction. In addition, Chen Weixing also put forward the current block chain leek machine crime three modes: 1. fraud: false white paper and exaggerated propaganda, combined with free token to sell chive leeks or misappropriation of fund-raising funds; 2. manipulation: using high leverage futures data, bitcoin cash futures and combination of false news, high control disk operation to create liquidity false image, manipulation of price index harvesting leek; 3. pyramid schemes: organizations sell coins to multi-layer kickbacks and sink to the countryside to cut aunt leeks. The first two are often well-known figures in the currency circle, and most of the third groups have switched to traditional pyramid schemes. Anti fraud, anti pyramid selling and anti manipulation are also the most important things in the current self governance of the block chain world.