Recently, I keep seeing a group of people crazily reposting 'the myth of getting rich in the universe', saying that registering gives you 100 coins and inviting people allows you to lie back and earn millions.
As an old hand who has been in the coin circle for many years, today I’m going to break it down and chat with everyone about whether this thing is a gold mine or a pit.
1. The pie that falls from the sky has hooks.
In the past two years, there have been quite a few ways to make money online—getting paid for walking, cashback for watching ads, mining for coins, making it look like a supermarket promotion.
But as the old saying goes, you see the interest from others, but they are eyeing your principal! These flashy 'money-making' projects are, to put it bluntly, just repackaged 'scallions harvesting machines'.
What dividend schemes, rebate schemes, splitting schemes...
Names change faster than flipping pages, but the essence is the same: the top 20% enjoy the benefits, while the remaining 80% serve as stepping stones.
2. This exchange is not simple.
The big boss behind this project, which claims to launch in May, is actually 'locust of the coin circle', Yu Lingxiong!
This guy created air coins like Spinach Coin and Wanshang Coin in 2018 and ran away with hundreds of billions to Southeast Asia; that incident is still fresh.
Now he's suddenly become the 'Godfather of Exchanges', does he really think everyone has a goldfish memory of only 7 seconds?
Even more explosive is that a team of experts from Tsinghua University exposed their technical white paper and found 23 instances of key data fraud!
The platform's account system is a pyramid scheme structure; 76% of the money users deposit goes to pay commissions to the uplines.
And yet they dare to claim to be the world's first decentralized trading ecosystem? I think it's more like a 'pyramid scheme chain'!
3. The four major tricks revealed to you.
Trick 1: Big promises rely on Photoshop.
They boasted that the first day registration broke 10 million, but it was exposed that all were zombie accounts.
Boss Yu's disciples have been cut several times; can you still trust him to make you rich? It's like believing a fox can watch a chicken coop—pure nonsense!
Trick 2: Bringing people in is the serious business.
What's with the 'Invite 30 people for activation rewards'? Each level only gives a few coins. They even deceive people by saying they can develop a million-person team, and that coin prices can rise 200 times.
Just think about it: a $20 trillion market? The total global GDP isn't even that much!
Trick 3: Old scammers are collectively reemployed.
Boss Yu has been engaged in pyramid schemes since 2008, and his disciples alone have reached 24,000, involving 2.37 billion.
That CEO named Jiang Ziya is even more amazing; the developed APP can automatically block domestic IPs. With such anti-detection capability, it would be a waste not to become a spy.
Trick 4: First self-hype then self-explosion.
During the warm-up phase, the moments on WeChat went viral as if crazy, but once it really went online, it immediately revealed its true colors. The security team discovered that their app would steal wallet passwords, and many people didn't even realize their coins had been transferred away.
Now the promoters don’t dare to speak up, why? Because they are afraid of being treated as accomplices in fraud!
4. Remember the blood and tears lessons.
Everyone knows what Cambodia is like; making you verify your identity is equivalent to handing your ID card to a fraud group. One day if you receive an overseas call saying you are suspected of money laundering, don’t say I didn’t warn you.
When you promote the third person, you have already violated the most basic criminal law, which is the crime of pyramid schemes. Because it exceeds two generations of earnings.
Once it blows up, Bangxin, selling citizens' personal information, you won't be able to bear the consequences.
Many people say it's free, and if we don't invest, we won't have problems!
I think your understanding is inadequate; you guarantee you won't invest, but can you guarantee that the people you promote won't invest? If they lose, can you wash your hands of it?
If you really want to play, remember three iron rules: do not invest, take profits when you can, and do not bring in others.
These schemes are for early birds to eat worms; late arrivals can only serve as feed.
Why does Boss Yu always change disguises? Figure it out yourself.
Finally, let me say something from the heart:
Money is hard to earn and crap is hard to eat; where is the good thing of getting rich while lying down?
When you encounter a project that brags without a script, it's best to run! Share this article with people around you; it might help your relatives and friends protect their hard-earned money.