CD on the blockchain, what do you think about that? It is free for bitcoin holders to try this new concept. You can claim the ERC20 airdrop(HEX), if you hold bitcoin. You need to own the private keys, then you can claim. Maybe an exchange will support the airdrop who knows. You can then lock up your tokens in a smart contract. When you claim at the end of the lock up term you get the interest and principal paid out. POD(proof of deposit) is maybe the name of this new concept??
CD(certificate of deposit) has one problem. If your bank goes poof, no more or your local fiat goes hyper inflationary you sit with a bag that is worth nothing. Then if you do not hold cryptocurrency and/or gold you are pretty much lost the game of economics. This one of the reasons HEX was made. This will beat the bank CD’s because it does not require trust, Ether in this case can act as your bank deposit certificate handler. You can even buy bitcoin before snapshot claim and sell after and withdraw your dollars. Which is not possible anymore, because snapshot is taken, but you can buy it for ETH after the release on an exchange or the auction that will happen along the first distribution phase of the project.
It is free money, it is always free money in new technology for invested smart money. The ones that miss out and jump the bandwagon to late will get badly hurt, economical speaking. Cryptocurrency is now at end of a long bear market. So next comes the bull market so this is double the opportunity. 1%-10% of you wealth should be in gold and cryptocurrency, mostly in bitcoin. If you want stay a dino, you would be a old foul and not join the future then do not consider the HEX project as a great opportunity.
I am not responsible for your actions! When you loose money it is only your fault!
GeeknSeek.co Blog puplished with SteemPress : https://geeknseek.co/airdrop-on-your-bitcoin-hex/