[TimTayshun]

Philosophically, Onecoin plagiarized so much from early bitcoin (ie., "bank the unbanked," "take money away from the banking structures & Govt.'s," etc).

Victims had mostly no tech background, whatsoever, and had been told that "decentralized" meant crime and anonymity, which they perceived as a bad thing which Onecoin's "centralized model" prevented.

They didn't know the usefulness or cruciality of even a block explorer.

So, for some, there were "fundamental reasons" for a cryptocurrency (sic) like Onecoin, in addition to the speculative nature of (real) cryptos, in general.