I did some digging and all that you are saying is so correct and cause for concern and I think that anyone getting involve with onecoin should be very careful and understand that the risk involve is very great. However what am trying to establish is that onecoin could also be a great opportunity. I see company operating in online space as well as offline space and they have some of these same things as with onecoin presently so much negative, some people have bad to say while others have good to say but these companies are still benefiting people.
M y main concern with onecoin at this point is if they really has a block-chain but with everything else am willing to take a chance with them and see where it will head
It is fine if you take a chance by yourself. You can do with your own money what ever you want. However, considering that what I have said above is just a really small fraction of what there really is wrong and shady about OneCoin (there really is enough material for a book), I don't think it is morally right to market this scam as an MLM salesman to other people, who maybe don't have knowledge and understanding of what they are getting into, and trying to get other people to join your OneCoin downline. I think that is absolutely morally wrong.
Yesterday OneCoin lost again their bank account, which was their Deutsche Bank account in Germany. And they have to find a new bank from Europe, again. It is getting more and more difficult all the time, because OneCoin has a very bad reputation. The explanation will probably be, that banks are afraid of OneCoin, or something bulls*** like that. Last time a couple of months ago when they had to change a bank, the explanation was that they needed a bigger bank because OneCoin is growing so fast, but that card has now been played already.
They have been changing banks probably more often than drug cartels.. :D I have lost count how many bank changes there has been already.
Links to the news about OneCoin losing their Deutsche Bank account:
http://kusetukset.blogspot.fi/2016/08/onecoinonelife-changing-bank-yet-again.html
https://www.facebook.com/groups/OneCoinTeamDeutschland/permalink/1152122831518457/
If you carefully read all points posted by Whistleblowerfin and if you truly have an open mind, you will realize that indeed Onecoin is a fraud. There are not simply causes for concern. There are obvious signs if is a scam that can be seen by anyone with a truly open mind. I'm sure you think you want an open dialogue on Onecoin, but it would appear that unfortunately you have already been brainwashed by the Onecoin sales team and you were likely already a "member" when you posted this. Whatever you do with your own money is fine, but if you try to recruit others into the Onecoin trap, that is where you would cross the line morally as you would then be participating in the scam.