From Amway to bitcoin

History of Amway development in 1959, young Richard Davis and Jay wenanluo founded Amway in a basement in Grand Rapids, Michigan, and successfully opened the market with an environmentally friendly and multi-purpose concentrated detergent (L.O.C.). In the first year, the turnover reached 500000 US dollars, which was a good miracle in the economic situation at that time. Amway (China) was officially established in 1995. After 19 years of development, Amway (China) has been operating in 31 provinces and regions in China, and China has become Amway’s largest market in the world. On December 1, 2006, Amway (China) officially got the direct sales license, which means that Amway will take off in the next few years. In September 2018, Amway (China) launched Amway’s Micro purchase mechanism and launched a popular product every month. Coconut oil imported from Spain was introduced into the Chinese market, officially promoting the new trend of cross-border cross industry alliance. How does Amway go from direct selling to pyramid selling? Some people say that Amway is direct selling rather than pyramid selling. Maybe Amway took the direct selling route from factories to consumers at the beginning, but after entering the Chinese market, some criminals saw business opportunities, so this mode changed into (1) making profits by performance. Amway’s direct selling mode is to buy products and get a commission from their performance. To get more profits, only the products are sold continuously. Customers are limited, what to do in order to get more profits, that is to buy their own products, improve their own level through sales, sell products to relatives and friends, and make profits by means of family and friendship. (2) How do those at the top of the pyramid make a profit. Products: a bottle of shampoo costs 20 yuan, but it can be sold to 200 yuan or higher after being labeled with Amway. These profits go directly to the top of the leadership. (3) Amway is the symbol of MLM. Sales people need to meet to learn. Every morning before departure, they will hold morning meetings, sing collective songs, and leaders will share successful cases to constantly brainwash people. When they come back in the evening, everyone will return their achievements, share their experiences, and then brainwash. 3. What is the upgrading of MLM, or what is its form. MLM is actually a Ponzi scheme. Ponzi scheme is the name of investment fraud in the financial field, and is the ancestor of pyramid scheme. Many illegal MLM groups use this method to collect money. This kind of deception was “invented” by a speculator named Charles Ponzi. The Ponzi scheme is also known as “robbing the east wall to pay Paul” and “covering the white wolf with empty hands”. In short, it is to use the money of new investors to pay interest and short-term return to old investors, in order to create the illusion of making money and then cheat more investment. The Ponzi scammers are brainwashing Charles Ponzi Ponzi is an Italian born speculator who lived in the 19th and 20th century. He immigrated to the United States in 1903. In 1919, he began to plot a scheme. The swindlers invested in a virtually nonexistent enterprise and promised that the investors would get 40% profit return in three months. Then, the cunning Ponzi paid the new investor’s money as a quick profit to the original investor to induce more Many people are taken in. Because of the high returns from the early investors, Ponzi successfully attracted 30000 investors in seven months. The plot lasted for a year, which sobered the people who were bewildered by interests. Later generations called it “Ponzi scheme”. If Amway has products, the 1040 project will be more hidden. Since 2007, members of the organization have been active in Nanning, Wuhan, Hefei, Guiyang and other places, and even built an official website. After getting the clues in September 2014, the police began to search and arrange. On October 17, the police set up a special group to find out more than 40 footholds and temporary residences of the MLM organization in Zhuji. On February 10, 2015, the “1040 sunshine project” held an annual meeting in a coffee shop in Zhuji, Shaoxing. More than a dozen regional managers came, all wearing gold necklaces with thick and thin fingers. They drove either BMW or Mercedes Benz or Audi. But before the end of the annual meeting, these more than ten people were destroyed by Zhuji. In July 2018, after more than ten days’ work, Xianghe police arrested 22 backbone members of the “1040 project” pyramid marketing organization “Commerce Chamber of Commerce”, destroyed 47 MLM dens, repatriated more than 200 offline personnel. How does the 1040 project carry out MLM? 1040 is a form of helping spread by brothers and sisters, parents, wives and children, classmates and friends. To put it simply, one of your classmates will call or wechat you and tell you that you have a good job there (of course, it will not tell you that it is the 1040 project). If you go to him, at the beginning, he will directly take you to “go with relatives and friends”. You will hear various versions of rich experience in the so-called business, turtle, doctor and other successful people. All of these experiences and successful cases are involved in the 1040 project. Looking at these successful people, sharing their experiences, and getting the secret of 1040, the shortcut to getting rich, will make many people excited. After the initial understanding, there are special economic experts to analyze the possibility of success, and then continue to brainwash every day. The popularity of 4 bitcoin Bitcoin, which entered China in 2009, entered the company 17 years ago. When he entered the company, a colleague (called him Xiao a) was staring at his mobile phone every day. At first, he thought that he was speculating in stocks, which was very common. Time is up, we are familiar with Xiao a and share his way of making money. Bitcoin can be cashed in and can be converted into the currencies of most countries. Users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. As long as someone accepts them, they can also use bitcoin to buy real-life items. The concept of bitcoin was first put forward by Nakamoto in 2009. According to Nakamoto’s idea, the open source software was designed and released and the P2P network on it was constructed. Bitcoin is a P2P digital currency. Point to point transmission means a decentralized payment system. The generation principle starts from the essence of bitcoin, which is actually a special solution generated by a bunch of complex algorithms. A particular solution is a set of infinite solutions (in fact, bitcoin is a finite number) that can be obtained by a system of equations. And every particular solution can solve the equation and is unique. In the analogy of RMB, bitcoin is the serial number of RMB. If you know the serial number of a bill, you will have the bill. The process of mining is to constantly seek the special solutions of this equation system through huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million. In my opinion, both Amway and bitcoin are frauds. This trick is to take advantage of our mind to get rich easily. Many people have this tragic ending of divorce and family loss. Among them, the most harmful is pyramid selling. So far, there are still many people who think that it is possible, and they are still stubborn. The biggest harm of MLM is that it not only swindles you out of money, but also swindles away your family affection. Some people who go deep into it end up betraying their relatives.

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