8/10
HEX is not a cult
19 December 2023
Warning: Spoilers
Well produced documentary with a compelling story.

As a holder of HEX and other Richard Heart cryptocurrencies, however, I didn't like how Heart was portrayed in this docu as being regarded as a 'God' figure by those who hold the cryptocurrencies that he has invented, and that HEX is some kind of 'cult'. I respect him and am grateful for HEX and Pulsechain but absolutely DO NOT worship him as a 'God', and do not care for the cringe-worthy and obnoxious flaunting of material wealth marketing gimmick that he persisted with to try and garner attention to his products. This was all an act which he mercifully has since decided to ditch in favor of being "more humble". The economics professor in the documentary mentions that some of the professionals that he has talked to have looked at HEX and regard it to be a legit product, but that they simply 'dont like the optics' of Heart behaving like a clown. Neither do I.

I also DO NOT feel that HEX is merely a cryptocurrency token belonging to some wacky cult. A community has built up around Heart's products and folk are entitled to be enthusiastic and passionate about them. Calling HEX a cult (as multiple folk do in this docu) is a major stretch of the imagination. To my mind, and in the minds of many others who hold these products it is all about the design of HEX, the quality of the code, and how HEX is simply a superior cryptocurrency to Bitcoin, and Pulsechain is a more cost efficient and faster blockchain to run HEX on compared to the Ethereum blockchain. I, like many others, believe that there is genuinely still huge potential for outsized profits to be made relative to the those of Bitcoin or Ethereum as both HEX and Pulsechain are still so young. Where else am I gonna better protect myself against the effects of inflation? FIAT cash? A bank savings account? Bonds? Precious Metals? The stock market? None of these will outperform HEX, PLS or PLSX over the next few years in my opinion.

One final thing regarding the subject of 'value', which was brought up by the economics prof in the documentary. There are different ways to measure value but to my mind the most important is the 'perceived value', and at the current HEX, PLSX and PLS prices I personally perceive them all to be significantly undervalued.

Looking forward to a sequel documentary a few years from now.
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