On December 30, the Beijing News published an article, "M block marketing needs to show up". The article said that the new type of pyramid scheme under the guise of blockchain is fundamentally different from serious investment: it does not create wealth, but only realizes wealth transfer within the system. It is still investors. The tolerance of a society for new things must not be misunderstood as an indulgence for the scam of "leeves". Cracking down on scams under the term of new technology requires not only effective popularization of science popularization and popularization of laws, but also the need for regulators to draw red lines for the development of new things in time to avoid confusion in public perception.