/biz/ - Business & Finance

>>25314236
Die einzige namhafte Kryptowährung von euch, von der man ab und zu hört, ist doch dieses sagenhaft bescheuerte IOTA, dass immer nur durch leere Versprechungen und peinliche persönliche Streits auffällt. Und das letzte grosse Münchner Unternehmen, von dem man viel in der Zeitung lesen durfte, war doch diese Wirecard AG, mit ihrem "kreativen" Geschäftsmodell. Überlasst doch diesen Finanzkrams denen, die was davon verstehen.

t. Bergjude

>>18726476
I don't quite understand why /biz/ can't wrap its mind around this token, because it's so fucking simple.

It's just another token to store value. You can send it and receive it. Just like bitcoin, except there's one gimmick: you can lock up your coins for some period of time. People who don't lock their coins pay some fee in form of an inflation tax. People who lock up their coins pay less of a fee or even see a bit of an increase, depending on how long they lock up.

That's it.

How much is this worth? Simple: it could be worth as much as bitcoin or it could be worth zero. Depends on whether people use it or not. What's realistic? No one knows. If a shitcoin like BSV can be in the top ten with a market cap of 3 billion then there's no reason that this couldn't do the same.

HEX has a few thing going for it:
- the locking mechanism might help prevent panic dumping
- it's in the Ethereum ecosystem so it can automatically be used in all protocols that support ERC20
- it's grabs people's attention, if only because of its extravagant creator ("there is no such thing as bad publicity")
- Asia is still sleeping on it. Imagine if they ever FOMO on it.