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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/16/21 at 10:44 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 10:44 pm to
quote:

Change the name HEX to US Government bond there you have it.

If you buy a CD from Discover or your local bank, it's the same thing as HEX.


So which is it? A security or not?

You guys keep saying CD but CD's can be a security and bonds are certainly a security. Richards wants to tip toe around this.

I am amazed at the trust in this guy.
This post was edited on 9/16/21 at 10:48 pm
Posted by FnTigers
Member since Sep 2021
1567 posts
Posted on 9/16/21 at 10:59 pm to
quote:

A security or not?
You mint your own coins. You work specifically with the smart contract. Not RH. Not a company. No expectations of profit from the work of others. No one else is paying you.

Richard doesn't tip toe around it at all.

quote:

I am amazed at the trust in this guy.
Continue to be amazed.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10732 posts
Posted on 9/16/21 at 11:22 pm to
quote:

So which is it? A security or not?

You guys keep saying CD but CD's can be a security and bonds are certainly a security. Richards wants to tip toe around this.

I am amazed at the trust in this guy.


I'm not seeing your point with the security stuff. Would you invest or not invest in something with amazing returns because it is or is not a security?

No one is complaining about Bezos's ability to 0 Amazon if he decided to sell all of his shares.
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