I have a friend looking to invest $60k but he

Question

I have a friend looking to invest $60k but he

won’t buy and stake hex because he thinks government is going to kill crypto. What’s a good way to explain why this won’t happen? Thanks

#cryptocurrency #english #hex-crypto

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28.09.2021

15 ответов

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Fresh

It can happen, that's the problem. Governments could simply make it illegal for banks/exchanges to accept crypto for fiat.

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28.09.2021

maleve

Tell him to go read MICA regulation

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28.09.2021

I 23275

there is no intermediate here its just you HEX and the smart contract of staking, and as long as ETH network exists, HEX isnt going away, cant stop it, there is no common enterprise

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28.09.2021

Sun Shine

They’re looking for ways to get their own cut; their own piece of the pie.

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28.09.2021

Pulse DCA Club Hex_is_the_way

+

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28.09.2021

Combot

Hex.is.the.way (428) has increased reputation of BennyBillz (232)

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28.09.2021

All In

Tell him, blockchain is borderless, not every government will ban it, and the appreciation will be worth a plane ticket.

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29.09.2021

Jay Автор вопроса

My man!

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29.09.2021

Pulse DCA Club Hex_is_the_way

If he lives in China, maybe he should not invest. Most countries are embracing crypto

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29.09.2021

Jay Автор вопроса

Lives in USA

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29.09.2021

Pulse DCA Club Hex_is_the_way

Ethereum chain has probably 1 million computers running it around the world. You can't ban it

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29.09.2021

Frank Castle

Remind him that the government can and likely will help themselves to his pension, 401k, Roth, any investment really. Nothings off the table these days.

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29.09.2021

Andy 🦖

I've heard RH said "HEX was designed to not be a security" 1:04:08 in https://www.youtube.com/watch?v=D_NQNDKMJTE I like that, but how does MiCA regulation https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593 look at that? just wondering does anyone know about MiCA (Markets in Crypto-assets) regulation?

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08.01.2022

maleve

Andy 🦖
I've heard RH said "HEX was designed to not be a s...

In Europe, MiCa is just a proposal, so far. For the Cryptoassets in general. And they are not planning to kill Crypto. In the other hand, HEX is not considered a security, you mint your own coins, so all good 😎

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08.01.2022

benny blanco from the bronx · Accepted Answer

benny blanco from the bronx

Hex is not "crypto" it is a pure market completely decorrelated and can't be turned off or taken over.

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28.09.2021

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