I don't quite understand why Yas Forums can't wrap its mind around this token, because it's so fucking simple

I don't quite understand why Yas Forums 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.

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What the fuck is a CD?

The 3rd most popular product at banks, after checking and savings account

It's a compact disc used for recording music

I feel like I already missed out. I’ve know about hex since December and still didn’t buy in. I’m too jaded to buy now there’s now way it will gain like it did past 115 days.

print this post out and frame it so you can kys later this year

have you actually ever listened to richard hearth ?
never seen more obvious larper
now fuck off with your hex

Sounds like a scam.

yes it sounds like a scam, which even Richard Heart admits. but then you look into it and there's no scamming involved. I have yet to hear anyone explain what the supposed 'scam' is.

watch some of Richard's debates with detractors. He tears all of their arguments apart and leaves them without a leg to stand on.

will the price of HEX go up (more than the 60x it already has)? who knows. But there's no scam involved.

did you "miss out" in 2002 by not buying amazon too?