/biz/ - Business & Finance

>>18776757
I LOOOOOOOOOVEE HEX CONNECT!

>>18776771
This but unironically

To be this retarded and not see that its is a scam. Out of all the alt coins you could choose you choose the biggest scam of all.

>>18776757
sergay betrayed us all, we were supposed to be all in this together

>>18777340
whatever virgin you're not a financial adviser

>>18776757
I don't quite understand why /biz/ can't wrap its mind around this token, because it's so fucking simple.

It's certificate of deposit and financial instrument. You can send it and receive it. Just like bitcoin, except there's an actual product: you can lock up your coins for some period of time (akin to a CD). People who don't lock their coins pay some fee in form of an inflation tax. People who lock up their coins pay less of a fee or even see a bit of an increase, depending on how long they lock up.

That's it.

How much is this worth? Simple: it could be worth as the CD market that it correlates with, and how much people use CD's.

HEX has a few thing going for it:
- The locking mechanism might help prevent panic dumping
- It's in the Ethereum ecosystem so it can automatically be used in all protocols that support ERC20
- It's grabs people's attention, if only because of its extravagant creator ("there is no such thing as bad publicity")
- Asia is still sleeping on it. Imagine if they ever FOMO on it.

>>18777340
exactly! ask a computer science professor about the "oracle problem" he will look at you funny
sergey memed his token to 1.5 billion

>>18776757
I didn't. Bought, staked, and now I just sit at home every day with a big fat smile on my face, knowing I've made it 10 times over.