Is HEX a good investment?

Is HEX a good investment?
How could a CD work with crypto? From what I know, when you do a CD, you are lending money to a bank. To who are you lending money when you do a CD with crypto? And to what purpose?

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you are getting the money from inflation and diluting the non-stakers. Inflation is capped at 3.69% but nobody gives a fuck about inflation when you are getting paid 40% apy

Since the non-stakers are those who didnt buy it, would not this configures as a ponzi scheme?

Welcome to finance. Everything is a ponzi scheme

Why not just get more APY from something more popular like CORE? All the fags are trying to make CORE ripoffs.

> Since the non-stakers are those who didnt buy it, would not this configures as a ponzi scheme?

no, wtf, the dont stakers are those who hold hex and dont stake it.

it really isnt that difficult, if you stake your hex and lock it to a fixed date and you get paid, the longer you stake it for the bigger the apy.

if you dont want to stake it you can, nobody gives a fuck its just a smart contract.

> but muh muh muh, what if everyone locks up their hex

then if economic rules apply the price goes to the moon because if supply decreases and demand stays the same or goes up the price moons

It works because if it doesn't we wouldn't have gotten where we are now. People were ready to spend money on crypto and still are.

It's not a ponzi because you mint your own coints. A ponzi makes false promises. With HEX you mint your own coins by locking them up (nobody else does that for you) and get paid interest by doing so when your stake ends (you have to end it manually). It's written in the smart contract and it can't be changed.

You aren't lending money to nobody & the interest you earn is just inflation programmed into the contract.
It's no better than any foodcoin that promises 100% APY but pays out in a shitcoin & requires you to hold a shitcoin.

Atleast if you stake DOT or ETH you are actually doing something & both have a valuable product that people use.

Nigger, can you tell me what are the incentives of other staking coins for staking? Do they have penalties when you end your stake too early like HEX does? I bet they don't but maybe you can tell us otherwise.

Who gives a fuck about penalties, your coin is shit. Oh man, I can't quit my end-stake! They will take 30% of my HEX oh nooooooo!!
Yeah the incentives for other coins is you get paid in good coins, in HEX you get paid in shit HEX

Tell me one thing about HEX that is shit.

Core is not more popular newfag. check wallets

>Hey man, I got this GREAT idea. I'm gonna make NIGGERSHITFUCK COIN and guess what??? If you send me your hard earned money & stake my coin you will get 40% more per year!!! It's super easy man, all I have to do is just type in total supply & one line of code to make it give you more each year, and it cost me nothing. AND GUESS WHAT, GUESS WHAT MAKES NIGGER SHIT FUCK COIN SUPER SPECIAL??? If you want to sell earlier than you promised I will take away that 40% I promised! Isn't that genius??? You wanna buy NIGGER SHIT FUCK COIN now?

Hex is useless, you ever wonder why hexicans are almost all niggers & 17 year old or 45 year old pizza delivery boys?
But jeez! Maybe you might get rich buying a useless coin all because some genius penalties for wanting to sell! Also the marketing is genius! Acting like a scam?? That's fucking genius! You must be really good at delivering pizzas with that brain of yours.

You can swap ETH for HEX on Uniswap or you can buy it directly with your credit card. What are you talking about?

Holy shit? Just like every other ERC20??? Wow!

BTC penalizes you with high fees just for trying to use the blockchain to spend or move your coin

I repeat: What are you talking about? There's nobody taking your money for nothing in exchange and running away with it. You're throwing empty assumptions here.

Yeah so does Ethereum & every other chain ya dum dum

>233225547
How do you think Hex is created? Somebody sends their ETH to the contract & mints HEX. Uniswap & etc is just secondary market.
So somebody sends their ETH & mints HEX and hopes to get rich. Oh and btw the Origin Address gets atleast 50% of all HEX & all the ETH so will become millionaire.
But yeah, just send me your ETH and I'll give you NIGGERSHITFUCK COIN, it has super cool game theory and incentives! Did I mention the penalties?

See above meant to address it to you

It's okay, dude. Just say it with me: Crypto is nothing but gambling. All that matters is price.

Uncanny, isn't it? There's no real, underlying value attached to the shitcoins that you hold.

Yeah ERC20 coins that offer yield offset TX fees. Retardo coin btc can't do that

Yeah okay nigger, have fun with Hex. Atleast with BTC & ETH I can transfer money, take out loans, get paid in stablecoins or ETH for providing liquidity or other stuff. Hex sure is a good gamble

You dumbass, yield means shit if your coin drops 30% in value. How many pizzas did you deliver today?

You know if you buy SUSHI or YAM or another food coin you can get 1000% APY? How genius. Better than Hex.

>You dumbass, yield means shit if your coin drops 30% in value.
Yield stabilizes the value of your stack, dumbass.

Hex inflation is pretty low (< 3.69%) and most of it goes to people who can't sell for years. It's the same with penalties. It's not infinite sell pressure like the food coins user.

You know if you got your head out of your ass, you could actually make some money?

Hey I got a great idea. A coin that has 1000000% yield to extra stabilize the value of your stack.

At heart it's a foodcoin with penalties. People stake for 15 years with hope & greed in their mind, but in the end it's a game to not hold the bag last. Can you imagine a world where everyone buys Hex? "Hey Honey, I just bought hex, I hope someone else buys it in 15 years when I have 10x as much Hex as now!"

Yeah you can make money off shit for a while, but I'd rather not buy shit in the first place.

Your comparison is utter shit and you should know that. A five figure yield isn't sustainable that's why those food coins collapse, you know that. HEX doesn't have that. It has an inflation rate of 3.69, plus the penalties that get taken from those who end their stake too early and given to those who still have their HEX staked.

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Axion is HEX but better

fuck off, pajeet

Crypto has never seen mass adoption. Despite 11 years of a myriad of the most forward thinking and creative minds on the planet, crypto still has no utility.

Per Satoshi's whitepaper Bitcoin was designed to be an instantaneous, secure, borderless and trustless system of currency. It was not the first digitally based currency designed behind this thesis, but it was the first one that worked thanks to proof of work. What made Bitcoin so special was the code. It was a revolutionary and genius idea captured in code.

The thesis behind owning Bitcoin now is as the future store of value, and barring disaster it should have no trouble replacing gold as the future store of value simply because it is better for this purpose in every conceivable way.

Along with Bitcoin came tens of thousands of competing currencies based on blockchain. Cryptocurrencies that all tried to find a niche in every market conceivable. Because of the economics of crypto, the fact that most projects start up with no venture capital/institutional investments - it allows that the early investors are able to see an unprecedented ROI. This begets the feeding frenzies and volatility we've seen.

11 years of this.

Hex is the first meta crypto. It takes all that we know about cryptocurrency and synthesizes it into an idea that is built entirely around one thing. Price. People invest in cryptocurrency or any conceivable derivative for one ultimate reason. Price. No one invests knowing that the price will go down after they buy. Hex has built itself in arguably all conceivable ways behind this simple idea. It captures the time value of money and inherits itself as the CD of the cryptographic sphere. It has mechanics that are completely new. It's use case is designed around it's code. Just like Bitcoin. Its design is simple yet nuanced, countless hours can be spent peeling back the layers to its design. The philosophy behind it has the power to break what we think of when it comes to money itself.

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