I talk a lot about cryptocurrency with friends and co-workers, recently i came to talk with the head of HR where i work during a coffee break.
She wanted to know my thoughts about OneCoin since her and her husband had invested some money into it. I've read a lot for the past year. I've seen a lot of ICO's, crapcoins and blatant scams riding on the success wave of other currencies.
This was a quick checklist i gave her for future investments
Open source and knowing who the developers are and where they are located is a must for me at least, i know some popular and trusted coins don't fill all these criteria but if some are filled and they got a user base it's better than nothing.
Onecoin doesn't fill any of these, what does that tell me?
Don't invest, don't trust them and call them out.
Several agencies in different countries are now examining their fraud attempt, this alone should be a wake-up-call.
If you use Facebook, check out the OneCoin groups there. You can see the members in the group and if you got some of your friends in there, warn them.
Point them in the direction of Steem instead and explain to them how it works and why it works.
A quick morning rant from me, what do you think about Onecoin?