Questions, questions – A Q and A with One Coin movers and shakers
Onecoin scam or not this should give you confidence.
One Coin continues to grow its user base at an astonishing rate, shaking the crypto world and providing commentators with plenty to talk about.
In a comprehensive webinar, for the first time three key names of One Coin come together to discuss key issues, opportunities and talk about what the future may hold for the cryptocurrency.
Dr. Ruja Iganatova, Founder of One Coin, alongside One Coin leader,
invite you to hear about how the Blockchain works, what’s happening in India and how more and more merchants are being added to Deal Shaker, as well as many more thoughts. Let’s take a brief look at a few of the questions posed and answered…
How does the One Coin Block chain work?
Pierre Arens explains that the One Coin Blockchain is a deliberately closed source system and as a closed source system it eradicates potential for fraud, duplicity, and forgery.
The Blockchain streamlines money pools every time a pool is mined, and each time a pool is mined the Blockchain in turn yields 50,001 points per block, and a block every minute.
Know Your Customer data is used in the block chain, while in the back office users can see the transactions in full.
Dr. Ruja Iganatova emphasises that One Coin isn’t public as yet, and while they could have launched as already, they’re waiting to create a more stable coin. She says that experts are arguing that this could well be the future of crypto a currency that provides transparency, and a Blockchain that validates every minute.
One Coin has been audited to test, validate and publically confirm that the Blockchain exists. This is soon to be the subject of a white paper.
– Dr. Ruja Iganatova
How would you address the negative publicity in India?
Dr. Ruja Iganatova comes back to what One Coin is an educational package. She speaks of 20 to 30 people marketing their offering an investment in India something that the company absolutely does not promote.
One Life is not an investment, it is an education – and as such we’ve removed them (thosefound to be floundering One Coin rues) from the network. Be responsible promote One Coin for what it is and do our users justice.
– Dr. Ruja Iganatova
Dr. Ruja provides a further example of questionable practices, of when Gift codes were promised by individuals in India. This situation is reflected in Germany and Italy and Dr Ruja says that leaders should continue to promote responsibility to overcome these few and far between individuals.
How should users cope with the recent bad publicity on one coin?
Sebastian Greenwood says that first of all, any news is good news. However with that said, there are some out there that are aggressively writing about One Coin, creating fake news that’s nothing short of slanderous.
Unfortunately legal action takes time and the question of free speech complicates matters, and so these outlets of misinformation may best be corrected by One Coins most effective source of information – its users.
When is the expected date for the public launch of One Coin?
Dr. Ruja says that the complexity of going public means that there’s no certainty as to the date, but says that they’re planning a 2018 launch. She further talks about the big team committed exclusively to this event, but that the tasks and challenges involved are long and arduous.
On which exchanges will One Coin trade?
XCoinX will open once more for the trading of One Coin, and the currency will also trade on one Asian stock exchange with One Coin already in advanced discussions to achieve this.