GarO#5555 🏴
@gar_crypto
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Architect / CGI / #HEX / #PulseChain / #eHEX / Day 1 HEX PulseChain 5555 Staker / HEX T-Shares / Freedom Maximalist / Don’t Take Me Too Seriously / 🇬🇧Patriot
United Kingdom
Joined January 2022
Enhanced my 5555 $HEX tattoo today @RichardHeartWin. Staking #HEX is like planting the seeds for trees to grow. Trees that, one day in the near future, will allow you and your family to leap and fly free. Get out of the rat race and stake $HEX.
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I understand this viewpoint. But the way I look at, any yield is almost worthless unless it has value. So smaller % yield but bigger value makes sense. It seems yield was maybe too heavy (too generous) to allow price appreciation of the asset itself, which at the end of the day is what actually counts in people’s pockets. In terms of a selling point if we have to move away from high trust less yield %’s, scarcity is a huge selling point in itself. It’s the same for all the major assets including Bitcoin. But, with HEX we have additional features and selling points, e.g “95% of the supply is burned for X number of years and there’s a forward looking chart which shows when that supply gets re-minted. The majority of the supply is held by a benevolent actor who has proven to never sell the asset. Satoshi owns circa 4.75% of the supply of bitcoin and people love that it’s never been sold. Our Satoshi owns circa 90% of the supply and has never sold. He who controls the supply, can really control the market price. No promises, but his proven benevolence is something to look at. You don’t have to stake. In a bull market, the more important factor is price appreciation over yield…in the bear, yield rate may go up again to encourage holding and bag building. The USP for HEX now is its scarcity, like almost all other successful valuable assets.”
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Rectum is out of HEX…probably has side wallets I’m sure, but still, insignificant. He’s also insignificant in most of the other tokens in the bigger picture. The buy and burn on PLSX for example eats his bags for breakfast, lunch and supper…PLS burn with pump tires now does the same….he can exit with a big amount yes…but only a matter of a short time before his bags are swallowed. Think about it.
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Ok, sounds like you should maybe do some more research on the founder. Many call him shady but he’s never ever done anything close to shady with his products and their holders. In fact, you’re probably not aware, but he’s recently locked up billions of $$’s of his assets. He consistent displays benevolent behaviours for the holders of his products…no other founder does that. Just something to think about.
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