Tuesday, December 10, 2019

Cryptocurrency is Causing Disputation as Community Calls it a Scam

Cryptocurrency traders and investors are constantly looking for the next big thing. One thing learned from the 2017 bomb is that FOMO can spread like a forest fire and a cryptographic property can grow virtually without cause. HEX is attracting a lot of attention right now, but it may not be all it seems.

Cryptocurrency Community Vexed by HEX

The project describes itself as a blockchain certificate of deposit (CD), similar to the term deposit interest service traditionally offered by banks. Richard Hart, the founder of the vocal project has been extremely vocal lately. The scenario has generated many criticisms and controversies.
It is described as a great pyramid scheme with questionable morals. Essentially, token holders will be able to bet them again to obtain potentially huge returns in terms of interest. Depending on how much the total supply is.

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