/biz/ - Business & Finance

>>18932549
You're storing time

Which is a better store than just a number that does nothing (btc)

>>18891814
I don't quite understand why /biz/ can't wrap its mind around this token, because it's so fucking simple.

It's certificate of deposit and financial instrument. You can send it and receive it. Just like bitcoin, except there's an actual product: you can lock up your coins for some period of time (akin to a CD). 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 the CD market that it correlates with, and how much people use CD's.

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.

>>18883591
Its an autonomous CD

/biz/ wants to say CD's are a scam

>>18836535

Store of Time Value

>>18809311
Its already a complete product.

CD

Easy for people to adopt.

>>18730302
Same here, only buying coins with an actual product.

Hex CD's

>>18726476
If it captures enough of the CD market, could easily go beyond $1

Look at the valuation of CD market to give reference.

Its a crypto CD that lets you choose deposit length, or even if you want a timelock or not lol

CD's are not scams

>>18687388

>>18666550

Its called a CD

>>18627187

>>18627695
Exactly, its providing a product .. a CD

Ponzi's don't do that.

Redpill me on certificates of deposit, /biz/