[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.53778294 [View]
File: 27 KB, 500x293, IMG_0818.jpg [View same] [iqdb] [saucenao] [google]
53778294

>>53778284
Additionally, Bitcoin exists by itself. Hex depends on another cryptocurrency, Ethereum, because it isn’t even an independent coin; it’s a token.

To make the jump that Hex is like Bitcoin because they both, well, use blockchain, is completely nonsensical, but it has the contrast about the size of the Grand Canyon.

What Does Hex Crypto Actually Do?
Ask yourself, what innovation does Hex add to the table aside from being a self enrichment scam?

Bitcoin’s purpose wasn’t to furnish its users with investment returns. In contrast, this is Hex’s only purported purpose.

Bitcoin was invented to facilitate digital payments and solved a double spending problem for digital money. Bitcoin was the genesis of cryptocurrency and it didn’t require sending the founder money to participate in it. Bitcoin is also disinflationary and has a fixed terminal supply.

Hex is none of that and anyone can clone it with a few mouse clicks. See Rex, for instance, on the Binance Smart Chain (lower gas fees).

What does Hex actually do? Spawns more Hex. That’s it. Anyone can write a contract to do that and it doesn’t require any technical innovation.

Richard Heart saw that other scammers were getting rich creating scam-coins and just wanted in on the action as he stated. He only put a little more thought into the storyline of why you should buy and understands marketing tactics better due to his extensive internet marketing experience.

Navigation
View posts[+24][+48][+96]