Xen Crypto - Hexican War

Welcome back to the channel. I hope you all are having a great day as we get ready to go into the holiday weekend. So I'm gonna try to make this video quick. Uh, the Zen Crypto Hexagon War. So what's going on, uh, between the Zen and Hex communities? Uh, what, you know, what are the points that are being made as far as why the Hexagon community seems to be, uh, somewhat upset with, with the XIN community. Um, and it's, uh, it's a little bit confusing for me because I think the basis, as I understand it, is that, um, XIN is kind of similar to HEX, although it's not HEX. Um, and it came upon the scene. It kind of was like the new kid on the block, uh, when Hexagon already had been existed for, you know, a period of time and had performed quite well. And then it's kind of fizzled out like most cryptocurrencies at the time. And then it's kind of this new flashy thing with maybe a better idea, right? Maybe a better idea to gain network effect. By using what I term freemium services, right, where you get people, um, in your network. Uh, but why are Hexagons so seemingly so upset about that? Uh, as one of, uh, Jack Levin's latest videos on his official channel is these Hexagon community members coming forward and they seem to be bashing the Zen project. But not only that, Uh, it would seem that Jack Levin has, you know, been, as far as I can tell, cordial, uh, even with Richard Heart. They seem to be kind of dancing around each other on eggshells. At least Jack seems to be that way. But Richard Heart, uh, seemingly has had direct insults against the Zen project, calling it the proof of bot, uh, protocol, and, you know, talking about in a very negative way, uh, the project and, uh, Hexagons saying that, uh, Jack Levin came in to try to steal Hexagons and so on and so forth. But where I'm a little bit confused with, with this is, uh, wasn't it Richard Heart who said that, uh, he was a capitalist and that Uh, socialism doesn't work and, and all these diff— these various things, right? But last time I checked, a capitalist was okay with competition, right? Isn't that the basis? Of course, in a perfect world, healthy competition, but I thought that's one of the main cornerstones of capitalism. You know, also I find it, uh, strange that even when we look in terms of Richard Heart creating the PulseChain, uh, that hasn't come out yet, but, uh, creating this thing and being very standoffish of developers and products putting projects on PulseChain, you know, anytime that comes up, Richard Heart looks at that in a negative light. It would almost appear that Richard Heart only favors his own products on PulseChain and those projects only. Like, I, I really believe if it was up to Richard, Richard Heart, he wouldn't involve any other projects but his own projects, right? So what, what you could potentially be looking at is Richard Heart projects and cryptocurrencies will where it's greatly speculated that he probably owns over 90% of these cryptocurrency, then he owns over 90% of the chain itself, right? So you'll be looking at something heavily centralized despite whatever the intentions of Richard Heart is, uh, a very, uh, not the most pro-crypto approach, I would guess, right? So it would seem through my analysis that Richard Heart doesn't want any competition of any sort, you know, and, uh, that's a very strange, uh, thing in capitalism to, to, for a capitalist to to have that, that idea. Um, the other thing Hexicans seem to do, uh, with XEN is, uh, at least during this, this encounter with them, is focus a lot on price charts, right? Focus a lot on the price of XEN as if HEX just went straight up from its inception, right? As if HEX never crashed and burned over 98%, as if HEX didn't go through many months and moons of, uh, people thinking it was dead and gone forever, right? All that seemed to be forgotten, out the window, not included in the conversation. Um, the other thing is, it would seem— and I don't know if I can blame the Hesicans this more so than I can blame the marketing strategies of Richard Heart. But for those of you who were around at the dawn of HEX, like the very beginning, like the first marketing pitches and sites and everything that was going on, affiliate programs, referral programs, what have you, um, at the very beginning, if you looked at the content Richard Heart was producing It was this very scammy-looking, get-rich-quick-like approach, and, and my understanding was that was done on purpose. Um, the problem with that though, psychologically, is I think that many Hexicans, when they're not even understanding the XEN project, when they're not understanding the idea of Metcalfe's Law, building up a network, when they're not understanding that People can come in and use a product free, and that product or network could be worth a lot of money, even though very little cost or no cost to the end user, right? For example, social media, right? You come into social media, you could join these networks, you can use it, seemingly no dollars coming out of your pocket. You don't— no membership fees or anything like that, and they could be worth billions upon billions of dollars, right? Uh, so the HEX community seems to be oblivious to that, like they don't have any understanding of that. But what they do have an understanding of is this idea that I think is implanted in them from the beginning from Richard Heart about looking at price charts and trying to get rich and price go up, right, to the point of going past the, uh, the, the product itself, whether it be a currency that sustains a large network of people and in itself creates the value, or whether it be some type of utility intrinsic to the product itself, uh, heck, the Hexagons seem, uh, just out of touch with any of that. And so again, they are looking for these great price movements and being able to get rich off of a free cryptocurrency that has a type of disinflationary, uh, means over the next 8 years put into it where there is a scarcity in it, right? So obviously it's meant to be something you're probably going to use as a currency store value over this period of time through the network building and accumulation, get to that point with ideally, uh, an easier barrier of entry, meaning the free part, meaning if you're able to kind of mint it free minus the fees of the chains, which is why I don't like Ethereum. But anyway, um, that barrier of entry being lower because you can get into it, right, easier than you get into HEX because it costs me money to get into HEX and it can cost me a great deal more money to get into HEX than XIN because with XIN it's, uh, gas fees and whatever you get over gas fees, which could be a lot of XIN, is free to you, right? I think the Hexagons are missing the point, right? Uh, agree to a great degree. Some of them are coming around, and I think that's what the problem is. I think some Hexagons are starting to recognize that Zen makes more sense. Is Zen perfect? No. I have voiced my opinions that if you want to lower a barrier entry, and if the point of the exercise is to build a big network of value and reap rewards later, that Ethereum isn't the chain to do that on, right? And, and they led with Ethereum. I think that was a mistake. What Ethereum is, is so expensive to the point where even if the idea is it to be free for a lower barrier of entry, uh, the problem with that is that when you get through dealing with Ethereum fees it's going to be like you spent the fortune, right? You're— so then it's like no longer free, right? Uh, now the rebuttal to that is, oh, just use the lower fee chains. I think that's a bad idea. I don't think you want to, at least in the beginning, spread your networks too thin, have everybody exchange their value. It's only going to make people, uh, bring more people in. If everybody can kind of get in at a, at a more, more equal level, right? And that's going to be excluding Ethereum, using some of these Polygons and other chains, right? Um, and I think that would be more effective than your bigger money people going over to Ethereum and kind of leaving everybody else out