北京市社会科学院副研究员王鹏表示，稳定币与现实世界资产代币化这类虚拟货币相关活动，在创新外 衣之下潜在风险不容忽视，极易成为非法金融活动的工具，对金融安全构成实质威胁，因此这类创新活 动的明确定义与强化打击势在必行。 除了正确认识虚拟货币、现实世界资产代币及相关活动的本质属性外，风险提示还从行业机构、社会公 众两方面进行了警示。 人民银行再度强调打击虚拟货币交易炒作后，多方警示相关风险。12月7日，北京商报记者注意到，中 国互联网金融协会、中国银行业协会、中国证券业协会、中国证券投资基金业协会、中国期货业协会、 中国上市公司协会、中国支付清算协会等7家协会日前联合发布关于防范涉虚拟货币等非法活动的风险 提示。继虚拟货币、空气币、稳定币等后，现实世界资产代币这类创新活动也受到警示，被指存在虚假 资产风险、经营失败风险、投机炒作风险等多重风险。 据介绍，近期与虚拟货币相关的概念快速升温，一些不法分子借机鼓吹有关交易炒作活动，打着稳定 币、空气币（π币等）、现实世界资产（RWA）代币、"挖矿"的幌子开展非法集资、传销诈骗等非法活 动，并使用虚拟货币转移违法犯罪所得，严重侵害了社会公众的财产安全，扰乱经济金融正常秩序 ...

Group 1 - The article discusses the dual perception of cryptocurrency, particularly Bitcoin, as both a revolutionary asset and a potential Ponzi scheme, highlighting the contrasting views on its value and legitimacy [1][2][31] - It emphasizes the historical context of financial systems and the failures of traditional currencies, using examples from China, Zimbabwe, and Russia to illustrate the dangers of inflation and loss of trust in government-backed currencies [4][5][6][8][9] - The emergence of Bitcoin is framed as a response to the 2008 financial crisis, where a loss of faith in traditional financial institutions led to the rise of decentralized currencies [10][11][31] Group 2 - The article outlines the technological foundations of cryptocurrency, including decentralization, distributed ledger technology, and blockchain, which collectively provide security and transparency [12][13][17][18] - It explains how Bitcoin's fixed supply of 21 million coins is encoded in its blockchain, creating a sense of scarcity and value that is enforced by code rather than trust in institutions [19][31] Group 3 - The article identifies significant risks associated with cryptocurrency, including extreme price volatility, prevalence of scams, and the complexity of technology that can alienate average investors [21][22][23] - It discusses the centralization of wealth within the cryptocurrency market, where a small number of early adopters hold significant power over market movements, often at the expense of new investors [24][31] Group 4 - The concept of smart contracts is introduced as a transformative application of blockchain technology, allowing for automated and trustless agreements, but also warns of the potential pitfalls and vulnerabilities associated with them [25][26][28] - The article concludes by reflecting on the dual nature of cryptocurrency as both a groundbreaking innovation and a potential trap for uninformed investors, urging a reevaluation of trust, freedom, and wealth in a digital age [31][35]

Group 1 - The article highlights the risks associated with illegal fundraising activities disguised as "financial innovation" and "blockchain," where criminals exploit the public by issuing so-called "virtual currencies" and "digital assets" [1][3]. - Blockchain is defined as a decentralized distributed database technology that ensures information is securely stored and cannot be tampered with through cryptographic techniques [2]. Group 2 - Virtual currencies, such as Bitcoin, Ethereum, Tether, and "air coins," are characterized by being non-government issued, utilizing encryption and distributed ledger technologies, and existing in digital form [5]. - A notice issued by ten departments, including the People's Bank of China and the Supreme People's Court, on September 15, 2021, clarified that virtual currencies do not hold the same legal status as fiat currencies and that related activities are considered illegal financial activities [5].