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This is part 1 of 2 of the full interview
On a 1-year return basis, Hex grew approximately 2,700%. At its highs earlier in July, it got to a market cap of $65 billion, making it quickly the world's third biggest coin by market capitalization.
Hex has drawn objection from people in the crypto neighborhood who call it a "rip-off" or "ponzi scheme". Founder Richard Heart addresses these interest in Kitco Information support David Lin.
0:00 – Intro to Richard Heart, Hex
9:40 – Is Hex a ponzi plan?
16:33 – Hex's market cap
22:29 – Hex's ownership distribution
26:45 – Hex's time lock
28:30 – The number of Hex users are there?
31:43 – Hex's rates of interest
32:40 – Exactly how to identify a scam coin
36:00 – Has Richard Heart been fingered of economic fraud?
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What is Hex, and how did it gain 2,700% in 1 year? Richard Heart challenges 'scam' accusations
This is part 1 of 2 of the full interview
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.
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?
__________________________________________________________________
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.
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