Thoughts on Bitcoin Hex
I have been watching YouTube videos posted by Richard Hart regarding Bitcoin Hex, usually in an interview format with other YouTube crypto influencers. It is clear to me he has been successful, and it seems by his tone he genuinely wants to open people's eyes to a lot of the harmful aspects of the market with a hard truth tamber to his dialogue.
He defines value of game theory pretty well, if you pay attention to what he says it's relatively easy to follow. Basically, Richard explains that if you stake the coin for the proper amount of time, holders will be rewarded by the 3.69% inflation, as well as profit opportunities based on the fuck ups and/or misfortunes of others leaving early or forgetting to close the stake in the time frame and face penalties, which seems sort of entertaining and fitting to me as a conceincious person.
In regards to Richard himself, I can tell he is a controversial figure by the way he speaks of other proejcts, which in some cases I agree with what he says and others not, but nobody is perfect and I give the guy a lot of credit for putting his time into the videos let alone creating a crypto product. Not many people, including myself, have that sort of initiative (maybe one day, or through this SteemIt blog).
Bottom line, I will continue to follow Richard Hart, study his critics and thier reasons to not get into the game theory of Bitcoin Hex, but it sounds goods to me compared to a lot of other projects out there. Be advised,that despite
my positive impression Bitcoin Hex, so far within the crypto market po.et project is still my favorite due to the strong team and use cases. Thank you for taking the time to view my blog, I would love to hear your thoughts on this post and my others so please leave a comment and follow!
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You might want to read this and understand why Bitcoin Hex is essentially a scam: https://cryptoinsider.com/why-richard-hearts-bitcoin-hex-is-a-scam/
I've conducted a more in-depth investigation to reveal how even the project's developers are shady and it's very unlikely for any Bitcoin whale to claim the coins (which means that those who do will own obscene amounts and get ready for the moment when BHex gets listed on exchanges so they can dump their bags and get the real Bitcoin).
You may think that it's free money, but it's also worthless until it gets traded for a currency which is actually valued. Expect to see lots of dumps and it's likely that Richard Heart will use his weekly show to encourage viewers to buy BHex with their BTC. That's when the scam really begins, so far it's all nice and innocent.
Thanks for the response, I'll dig a bit deeper on it.
The interesting part of HEX is that it's addressing panic selling pressure by locking coins to earn interest, and forced selling pressure (to pay for mining). These are two of the big problems with many other cryptocurrencies including Bitcoin. If you had bitcoin at the snapshot you may as well free claim your HEX. All unclaimed coins will be distributed to those that have claimed.
Claim at https://hex.win/?r=0x6124E922f19eb4852d59691D0a7Be80B01268CdC for an additional 10%.