re: HEX (Blockchain Certificate of Deposit)

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You tell us? Why would any ceo/creator want to burn their company to the ground? Rich people already have money, they want respect/fame/notoriety. In the few months that I have followed hex I have seen why people get defensive about it. I have seen youtubers, journalists, etc that have once thought like you and called it a scam and I have seen more and more of those people change their thinking and admit that they were wrong.

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You guys are all over the place. You just say things and compare things yet never have seemed to read the fine print.

So now HEX is a company?

Here is the HEX disclaimer:

There is no common enterprise, there shall be no expectation of efforts of a promoter or third party. There is no expectation of profit from the work of others. People pay the Ethereum network to execute computations of their choosing, on their own. There is only an immutable compiled bytecode sitting on the Ethereum network. It can't be changed. They're just numbers living on the Internet. The code can do nothing on its own. People can run the code if they want to, or not. The code can do nothing on its own but sit there.

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How are we pumping money to Richard? I would like to hear your explanation on this. I think I know why you think that, but I’d like to hear it again.

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You give the ETH address your ETH and he, oh I mean uh HEX gives you HEX. This is how it works. HIS OA also receives HEX via numerous ways from HEX "investors". Its in the code. Plain as day.

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Just like any other investment right?

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No. If everyone stops buying HEX, its worthless. Why is it worthless? because HEX is designed so that unless more people buy, it has NO WAY to generate yield via staking.

Sure, you can mint new coins but if no buyers it dilutes your precious stack. You have no means to generate a return because HEX does nothing as stated above. Its only mechanism is for more sheep, I mean people, to buy. While in theory this is still "ok", what makes it severely "not ok" is the extreme ownership of the OA.

Unlike Bitcoin, HEX relies on an ETH swap to mint. The problem with this is that, again, you basically already have a built in 51% attack, the OA. I am amazed you guys dont realize this.

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No different than any other business owner.

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Again, HEX is not a business and generates zero value and zero profit.

Also, unlike an actual business that turns a profit, such as the Amazons you guys like to compare to. Amazon will still generate a profit regardless if no one buys a single share, because you know, it has real value...

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But there is no need to bicker about it. I don’t see anyone pumping hex hard on this board, this thread was created to educate people that may be interested.

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I am actually not bickering. I am pointing out to other would be investors the major security risks present.


Also, I never once said anything about denying that you can make money with HEX. Crypto is a fricked space. You can make money with digital monkeys and lamas, but I believe that on this forum where people share information its just good courtesy to warn people in a space that has burned so many.

Ya'll can get mad at me, but nothing I have said is false.

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