At the beginning of September, the Community participants in Argentina formed their own structure within the MMM Global Community. Thanks to this, the Community members in Argentina can make and get donations in their own currency (Argentine peso), using accounts in local banks. It will make the process of participation in the Community much easier for the Argentine participants, and therefore will give a new stimulus to the development of MMM in this Latin American country. For the convenience of participants from Argentina and other Spanish-speaking countries, the official website of MMM Global was fully translated into Spanish: http://mmmglobal.org/es/. Argentine participants manage their page on Facebook: https://www.facebook.com/mmmglobal.argentina, where they publish news about the development of MMM Global Community, as well as discuss current social and economic problems. Argentines’ special interest in the ideas and goals of MMM can be explained by the specifics of the economic crisis in their country. Last summer, Argentina turned out to be in default since, according to the decision of the U.S. court, the Argentine state-owned assets in American banks were blocked. The U.S. court considered the agreement on the partial debt payment signed between Argentine government and international lenders illegal. The Argentine crisis demonstrates that in the modern financial system economic sovereignty belong only to the country that emits the international reserve currency. We should remind that on the first of August this year, MMM Global already began to work in Brazil. MMM Global intends to keep expanding its presence in Latin America. |
Now in MMM Global international structure donations are paid within 48 hours, not 72 as it was before. The decision to reduce the time of providing assistance was made due to the fact that in the international structure all transfers are made by electronic payment systems (Perfect Money and Bitcoin). In these systems money can be sent at any time and it is credited to recipient’s account immediately after the transfer was made. Increasing the speed of payments will make MMM Global international structure more dynamic and more popular with the growing number of users of Bitcoin and Perfect Money wallets. In Personal office of members of MMM Global international structure the country is pointed as “Republic of Bitcoin.” In national structures (for example, MMM Brazil, MMM Argentine, etc) where participants transfer money from a bank account in local currency, it still takes 72 hours to comply with request. However, if a member of MMM Global Community doesn’t have time to provide assistance in a set time (48 or 72 hours), he may ask the recipient to extend the waiting period for another 24 hours. |
MMM Global official site has been completely updated: both the design and the content of the site have been improved. The Flat style and pastel colors made the design more rigorous and modern. The structure of the site is also reorganized in order to make it easier for a visitor to navigate in his numerous sections. A lot of sections were rewritten. So, the section “What is MMM?” was also updated. There we set out the principle objectives of the community and its activities. A new section – “Our values” in which we talk about the worldview of the community MMM and about the values we protect. The section “Rules” was rewritten and now it is even easier for reading. In the section “Risks” participants are warned about the difficulties that we may face on our way. The site launched service of online consultations. Consultants are glad to answer all your questions about MMM and to help you with solving any problems. We will be glad to get your opinion about the new design and the content of the site on the official MMM Global page on Facebook: https://www.facebook.com/mmmglobal.org. |
MMMGlobal has developed a program that helps to detect multiple accounts registration in no time. As the Community prohibits multiple registrations, all multiple accounts will be blocked. Their owner will be paid the face value (the amount of his investment without accrued interest) and will not be allowed to participate in MMM. But if the participant writes in feedback and tells himself that he has registered multiple accounts, he will remain a member of the Community. The participant will choose one account to use, the rest of accounts will be blocked. MMM is the Community of people who trust and help each other. Therefore, MMM uses the principle: one person – one account. Unfortunately, there are those who come into the Community only for the sake of quick enrichment and do not follow the rules. There are not so many abuses, but they are actively being fought against. MMMGlobal is aware of all the schemes used by those who register multiple accounts. For the safety of the Community members, MMM has introduced the restriction on the maximum amount of donation – $10,000. Some members register a lot of times and donate large sums in order to get round this restriction. The reason for multiple registrations may be the desire to earn referral and registration bonuses on their own money. Such participant registers a new account in his first line, but this account doesn’t belong to a new member, for it is his own, just with a different e-mail and telephone. Donations are made from this fake account, but the referral bonus goes on the other account. Due to this program mechanism, multiple accounts will be immediately detected and removed from the Community. MMM needs only real people, their ideas and emotions – but not impersonal accounts. |
The restrictions connected with the exit from the pause mode in Russia (continued from late April till late June) were finally cancelled, said the head of MMM system Sergei Mavrodi. It refers to the so-called intermediate MMM’s (which had been bought, before the Pause mode was announced, and were not withdrawn during the period it lasted). Payments for this MMM’s were made in a smooth time order during the month. This temporary regulation had a highly preventive value. “But now everything is so stable, good and smooth, therefore there is no sense to extend it”, stated the leader and inspirer of the system. |
Today a new version of the site MMMglobal in the Portuguese language has been launched. Eight countries in the world, including the largest country of South America – Brazil, speak Portuguese. Brazil is one of the largest countries on the planet. It is the 7th largest country in terms of economic development in; it is also the 6th most populous (202,7 million) country in the world. |
The leader of the worldwide movement of MMM – Sergei Mavrodi declared about the launch of the Chinese version of the website. He also positively commented on the work of the MMM global team in other areas. In particular, an active growth of the system continues in Indonesia; upon the current pace, the day – when the entire population of the country (total number – 250 million) will be covered by the system – is very near. An extra-fast growth of MMM is also occurs in Malaysia and Hong Kong, where the number of newcomers’ registrations is even higher than in Russia. In the near future the system will begin its work in Brazil and Argentina, for which the special platforms have been already prepared. The Philippines and Vietnam are on the way. Moreover, large-scale advertising campaigns are starting in India and Bangladesh. The development of the system in Singapore, Thailand, and Nepal is a bit more moderate, which is partly due to the shortage of trained MMM activists. There are also plans for other prospective countries. |
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The website MMM-Russia abolished the Mavro currency conversion. The reason was the abuse of this feature by some unscrupulous participants using it as a platform for currency speculation without failure. Initially it was introduced a few months ago, so that participants can use it to offset the speculative exchange rate shocks in the global markets. However, there were many members who took advantage of the technical delay of displaying exchange rates on the system’s website, which made this a safety feature for predatory fish. Sergei Mavrodi’s decision is that the most odious hustlers, whose number of conversions exceeded 10 thousand have been removed from the system without the right to participate in it anymore. Despite the fact that it was not officially forbidden, these actions were regarded as a violation of the spirit and ideology of the system, created to help people, and not pumping out their means. |
The pause mode in Russia and CIS countries was canceled beforehand. It was expected at first that it will continue from 24th of April till 10th of July, but the system development allowed cutting it for 3 weeks. Unlike the situation in 2013, was chosen a more smooth exit mode, in order to protect the system from different kind of risks.
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