/biz/ - Business & Finance

[Anonymous No.18779040]

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.

[Anonymous No.18779052]

>>18779040
token not needed

[Anonymous No.18779574]

>>18779052
How then can u do a cd token without a token

[Anonymous No.18779608]

>>18779040
because biz is a board of retards, i'm in

[Anonymous No.18779627]

>>18779040
The /biz/ discord link is discord gg xe33qt
Join, we will interview John McAfee this week.......

[Anonymous No.18779631]

>>18779052
>token not needed

[Anonymous No.18779701]

Which exchange is it on?

[Anonymous No.18779829]

>>18779052
>>18779574
go inside a bank and buy a CD. token not needed.

[Anonymous No.18779932]

>>18779701
Yobit is the only exchange at the moment. I'll let the nerds explain how else you can get it, involving go.hex.win and metamask. stuff.

[Anonymous No.18779950]

>>18779829
Dollar needed to do accounting but...
>token not needed