/biz/ - Business & Finance

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.

>>18791257
Why copy pasta though

>>18791183
Don't worry I listened

Unironically want to put $25 USD into this because it would be a trivial loss if this stuff craters, but could pay off big time if it gets to even a dollar

HAHAHAA
Just because it has a fuckin utility doesnt mean there is any type of demand for it. And let me tell ya, theres ZERO demand for anything BUT bitcoin. You fuckin apes

eat shit and die

>>18791634
You are one of the chosen ones anon

>>18791634