re: HEX (Blockchain Certificate of Deposit)

If you go back and read what I said, this is supposedly a currency. If it’s a currency then it should be able to purchase something. No one has provided me one thing it can purchase.

Like I said, I have dollars because I can buy stuff with dollars. If I can’t use dollars to buy anything then I have no use for dollars. The ability to use dollars for purchases provides value to dollars.

Unless someone can provide a tangible or intangible thing that can be purchased with HEX now or in the future, it should not be considered a currency.

Moving on the the investment angle of HEX, I already explained how I don’t mind gambling but I like to know the game before I consider betting. You have provided no context to how I can gain money from the venture. The only thing I can gain is more HEX. So if all I can do is gain more HEX that can’t be spent anywhere then I’m relying on fools to buy my HEX at a higher price than I purchased it.

1) Gold stores value and can be exchanged to purchase things.
2) Stocks or funds can increase in value as their profits increase and/or can return money to me through dividends in the form of cash. If the value of the company increases due to efficiencies or demand then I can sell my stock/ownership in the profits to another individual. I’m entitled to my share of the company profits and assets via my ownership interest.
3) HEX has no profits, no assets, and no dividends paid in cash.

In summary, I’d be a fool to bet on HEX and could only possibly return more money by convincing/fooling others to invest in it. This seems to be the purpose of this thread is to fool others into investing into something that has no value. I wish you all the best.

I own hex. I've staked hex. But my fud in this and why I don't own more is I really can't be that confident in this whole deal perpetuating itself for 15 years. I mean, sure I'll get a bunch of hex when my stake ends. But if nobody else values hex in 10-15 years then it's all worthless anyway.

I guess you could say that for any investment, but that kind of goes to the point of there being no other use for it. I'm essentially speculating on the hopes that other people will still be speculating 10 years from now.

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Lickitty Split

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Bruh.



I can’t even

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I guess you could say that for any investment, but that kind of goes to the point of there being no other use for it. I'm essentially speculating on the hopes that other people will still be speculating 10 years from now.

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That's a fair point and something we should discuss. Hex always has meat on the bone for newcomers.

Think about this. What other coin can pretty much guarantee that you'll have committed folks here for 5, 10, and 15 years? Most people jump from thing to thing and some make it but others don't.

A large benefit to hex being a long-term play is that you have a community of people committed for the long haul.

Every single day adds millions of dollars staked for 5555 days out. Think about 2 years from now. That day will have 5555 stakers and every day and year after that.

What you have is a perpetual cycle where you have people getting onboard and staying for a long time.

I trust the longevity of hex way more than other promise coins/other crypto because of this.

Good question and it's something we all ponder!

It's also good to do a staking ladder where you can take profits yearly off your interest or principle and interest. Whatever you like!

Honestly I thought the way you worded your original argument was kind of clunky, but yeah I get what you're saying now.

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1) Gold stores value and can be exchanged to purchase things.

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I gotta ask. Anyone here ever bought something with gold?

Don’t shite on him. Just logically explain the fallacies with his viewpoints and arguments. Maybe he truly doesn’t understand and this is where he learns.

So when people quit staking then it all collapses. People will rush to get their money out and you’ll be hoping that others will fill that void.

Good luck!

Yes, I traded my gold Rolex watch for another Rolex watch.

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Yes, I traded my gold Rolex watch for another Rolex watch.

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This was bought with HEX. FYI

Rolex #HexFlex