Can someone explain why HEX is working? I mean i

Question

V.15.O.21

Can someone explain why HEX is working? I mean i

only would invest in something when i think that somebody else also invests in it afterwards. This person who invests after me also have to think that somebody else invests in it afterwards and so on. So the price will only increase if more and more people putting money in the system. Why dont i put money rather in a system with some real world utility? If the project is successfull the price increases too!? Can someone please explain i would appreciate it!

#cryptocurrency #english #hex-crypto

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28.04.2022

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Andrew 3695555 · Accepted Answer

You’ve literally just described bitcoin and pretty much every other coin out there. None of them would appreciate if people didn’t keep putting money in. In fact you’ve just described the stock market, that works the same way. And what do you mean utility. HEX has utility. It’s a decentralised immutable version of a bank CD only much better. It has a staking function which rewards you with increasing interest the longer you stake. How is that not utility? But yeah, maybe spend some time reading Hex.com

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Can someone explain why HEX is working? I mean i

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