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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/16/21 at 11:22 pm to
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.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:26 pm to
quote:

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?


My point is the marketing and the way its explained to novices.

Saying its a CD and Bond is very disingenuous.

If its a "bond" its absolutely a security and as such, when the SEC gets ahold of it, you are all fricked.

quote:

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


Therefore, when "hexicans" uses these terms to describe it, they ether A) dont know what they are talking about or B) are pumping it for their own gain.
This post was edited on 9/16/21 at 11:28 pm
Posted by slackster
Houston
Member since Mar 2009
87060 posts
Posted on 9/17/21 at 9:37 am to
quote:

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


Because he couldn’t.

This apples to oranges defense isn’t exactly a vote of confidence.
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