The issuance of virtual currency such as Bitcoin does not depend on a specific monetary institution. It is generated by a large number of calculations according to a specific algorithm, which is a decentralized distribution method. Each different terminal node is responsible for maintaining the same account book, and this maintenance process is mainly to package and encrypt the transaction information through algorithms. The virtual currency of pyramid selling is often to attract people to send money to reward them.

Second, the trading methods are different.

Virtual currencies such as Bitcoin are sporadic transactions spontaneously formed by the market. After the scale is formed, the third party gradually establishes an exchange to complete the transaction. MLM-style virtual currency is often issued by itself and traded on its own platform.

Third, the implementation methods are different.

Virtual currency such as bitcoin itself is an open source program, and the parameters and methods of its total limit are displayed in the open source code. The so-called MLM-style virtual currency open source itself completely copied other people's open source codes, and did not use open source codes to build programs, so its essence, like Q coins, can be controlled by websites.

Extended data:

MLM absorbs and distributes funds by developing online and offline relationships. In the bitcoin investment market, the elderly and newcomers have no time advantage, nor can they go offline by high interest rates. In the face of market fluctuations, no one can guarantee to make money, and the elderly can't force them to get benefits from pulling new people.

Bitcoin or other digital currency does not belong to anyone or organization. This is an uncontrolled and decentralized plan. The code is fully developed and the total amount cannot be modified or destroyed.

Baidu Encyclopedia-Bitcoin

Baidu encyclopedia -MLM