The biggest HEX critics point to the ORIGIN ADDRESS (OA) as the “problem.” Why?
The OA holds a large quantity of HEX and it sits dormant, liquid - not staked (not Mining).
Critics say this OA is a threat to the future price of HEX. Why? Because they imagine that one day whoever holds the keys to that OA will start selling off its holdings and dump the entire ecosystem (rugpull).
Furthermore, these same critics believe that Richard Heart holds the keys to the OA and they have concluded that he is a malevolent actor, despite the evidence showing otherwise.
But what if the OA is a benefit instead of a threat?
Richard Heart has noted that anyone can put together a “Parade of Imaginary Horribles” for any market at any time. The “what ifs” are virtually endless. What if this happens, and what if that happens…we’ll all be doomed!
But what if - the reality - is that the OA acts as the benevolent guiding hand? What if the OA is a force for good, not evil? What if the OA nurtures instead of destroys? After all, isn’t this the natural tendency of any entrepreneur who creates something for the benefit of the world - to nurture, not destroy?
After over five years since launch, we now have a history of OA behavior to make a reasonable conclusion and response to the critics: the parade of imaginary horribles is a fiction of the paranoid mind, and the OA is indeed a benevolent guiding hand in the HEX ecosystem - a nurturing whale.
Instead of rugpull, HEX receives the opposite - The Magic Carpet Ride.
So what are the benevolent attributes of the OA, thus far?
- The holder of the OA keys is anonymous and can never be known until the entity that holds those keys decides to reveal himself through public and onchain behaviors.
- The OA has never sold a single HEX.
- The OA does not Mine HEX, which allows for the users who become miners to receive a higher portion of the inflation.
- The OA receives 50% of the penalties, and because of the reasons above, these HEX are swallowed up and never sold.
All great products begin small, with only a few believers, which then grows outward and enormous, just like a tree.
And like a tree, this takes time. The HEX cryptocurrency is maturing, and the brief history has allowed its roots to take hold, and spread, while the branches grow far and wide - for every year that goes by, the more decentralized HEX becomes. When was the best time to buy Bitcoin? At the beginning, which was when it was the most centralized - namely, when Satoshi owned all the coins. This is just the way all great things begin.
And speaking of trees, they say that the best time to plant a tree was 20 years ago - the second best time is today.
This holds true for Mining your HEX. The best time to start a HEX Miner was 5 years ago when the Shares were the cheapest (.60 per T-Share). The second best time is TODAY. What are you waiting for?
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