Is it reliable to pay 1500 in virtual currency and get 20 back every day?

Unreliable, this type of currency is suspected of illegal fund-raising, and the income from virtual currency cannot be guaranteed. Virtual currency is a high-risk, high-yield investment product in China, and those that can guarantee profits are mostly pyramid schemes. Investment in virtual currencies such as Bitcoin, Ritecoin, and Litecoin is at your own risk, and no one will guarantee returns.

Ponzi scheme is the name for investment fraud in the financial field. It is the ancestor of pyramid scheme. Many illegal pyramid schemes use this method to amass money. This deception was invented by a man named Charles ·"Invented" by Ponzi's speculator. In China, Ponzi schemes are also known as "tear down the east wall to pay for the west wall" and "empty tricks". In short, it uses the money of new investors to pay interest and short-term returns to old investors in order to create the illusion of making money and thereby defraud more investments.

Charles Ponzi was an Italian speculator who lived in the 19th and 20th centuries. He immigrated to the United States in 1903. In 1919, he began to plot a conspiracy. corporate investment, promising that investors would receive a 40% profit return within three months. Then, the cunning Ponzi paid the new investors' money as quick profits to the original investors to lure more people into the trap. . Due to the generous returns for those who invested early, Ponzi successfully attracted 30,000 investors within seven months. This conspiracy lasted for a year before people who were dazzled by the benefits woke up. Later generations said It's called a "Ponzi scheme."