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CryptoCurrencyWire Videos-The Wild West Crypto Show Features Jittery Cryptos, HEX Project and More | CryptoCurrencyWire on The Wild West Crypto Show | Episode 159
CryptoCurrencyWire’s Jonathan Keim shared the latest and greatest happenings in the world of cryptocurrencies. Richard Heart also joined the program to discuss the HEX project. “The government just prints money out of thin air,” Heart said. “The price of everything just shoots up through the roof. We’ve got all-time highs in the stock market, all-time highs in cryptocurrencies, all-time highs in gold. . . All-time highs in everything. . . And, why? Because they keep printing money.” Heart goes on to discuss inflation and explain the nuances of HEX. “In HEX, people are paid to wait. The longer you lock your money, the larger the share of inflation that you get. It took bitcoin ten years to get to 3.89 inflation, back when it was at $20,000. We just jumped right to that after year one, and we said alright, we’re going to have 3.6 now, right after the first year. And who’s going to get that inflation? The people who lock up their money. And, the longer you lock it, the more you get. And that’s a more fair and honest way that monetizes the time value of money that no other cryptocurrency in the world does. And it’s the only thing any price cares about, is that people buy and hold. So, we directly monetize the only thing the price cares about.”
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