There's no single reason i0coin would be a scam. Elaborate. No, I don't have significant amount of i0coins myself.
It's a scam pump & dump just like Ixcoin. You and joulsbeef are little scamcoin cheerleaders apparently. But if you look at the value of either of the scamcoins, you can see they're TANKING, and I'm glad. Little BS 5th column projects like this undermine the whole Bitcoin movement as it serves as nothing more than a distraction while adding no significant value to the infrastructure. Oh wow, encrypted wallet *jerk off hand jesture*