Crypto Exchanges

What is Hex, and how did it gain 2,700% in 1 year? Richard Heart challenges 'scam' accusations #criptocurrency #cripto





Watch part 2 of the interview: https://youtu.be/YaxEfcwdEQY

On a 1-year return basis, Hex grew roughly 2,700%. At its highs earlier in July, it reached a market cap of $65 billion, making it briefly the world’s third largest coin by market capitalization.

Hex has drawn criticism from people in the crypto community who call it a “scam” or “ponzi scheme”. Founder Richard Heart addresses these concerns with Kitco News anchor David Lin.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Richard Heart on Twitter: @RichardHeartWin (https://twitter.com/RichardHeartWin)

0:00 – Introduction to Richard Heart, Hex
9:40 – Is Hex a ponzi scheme?
16:33 – Hex’s market cap
22:29 – Hex’s ownership distribution
26:45 – Hex’s time lock
28:30 – How many Hex users are there?
31:43 – Hex’s interest rates
32:40 – How to identify a scam coin
36:00 – Has Richard Heart been indicted of financial fraud?

#bitcoin #hex #crypto
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

source

Have your say