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RE: Why OneCoin is better than BTC ?

in #abcdefgh7 years ago

Well, I used my internet and did some due diligence.

First thing, there is no exchange for this coin, only MLM sales.
Second, OneCoin sells educational packages, the coins are given away for free as they have no value.
Third, Dr Ruja has been apart of a few scam coins, BigCoin being an example.

Millions of dollars have been seized from these criminals all over the planet.

Germany - 5Million
India - 3Million
Netherlands - 30Million

Im not going to post all of them, use your google.

There is no proof that OneCoin even has a blockchain, much less a mining pool. There is no proof of KYC built into the chain, and there is no use for that anyways, as that is only required if someone is going to cash out to fiat. KYC is the responsibility of a money changer, not a crypto.

Plus, its not found on CoinMarketCap, there is no announcement page on BitCoinTalk, no active developers, roadmap, white paper, open source wallet or stand alone wallet.

Sending off all your private information to some scam artist in Bulgaria is a terrible idea.