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Re: Perfectson post# 456

Wednesday, 06/23/2021 10:57:35 AM

Wednesday, June 23, 2021 10:57:35 AM

Post# of 645
What you're suggesting would violate basic accounting principles. You can't claim revenue in crypto for a specific invoiced value on a project, and then turn around and increase the revenue from that source as the crypto appreciates. The appreciation would be recorded as a separate entry in a different account. Show us where that's happening on their financials. Your assumptions here don't fit the facts of the financials.

Why would it be doubtful that someone could have a hex coin project? As I said, the governing programming for the creation and mining and behavior of HEX may be complete (just like the rules for creating dollar bills are fixed), however, have you ever tried to buy or sell HEX? Wouldn't it be nice to have a program that calculated the interest you received since you purchased it? Or one that calculated the interest you could get based on certain assumptions. Or a wallet that made it easier to do those things or to "stake" your investment. Or create a HEX debit card? To make that claim just displays a lack of imagination. How many applications can you think of for dollars? SMHL

Les