Skip to content
HEX
Search
About
Back to results
Merry Christmas from Richard Heart
Dec 30, 2023
Open on YouTube
Copy link
Follow along
· transcript tracks the video
Transcript
Show
Load earlier
15:06
really but here it
15:10
is
15:12
the the market cap if you take like the
15:15
total supply of pulse chain times the
15:17
current price per PLS the market cap of
15:20
pulse chain is $9 billion 8.9
15:24
billion the current market cap of PX is
15:27
uh uh 2.5
15:30
billion incentive token 12 million hex
15:33
6.7 billion just on the Pol chain
15:36
Network probably worth about four
15:38
billion on the
ethereum
15:40
network that's a lot of billions guys so
15:44
I mean the idea this narrative a lot of
15:48
people hate me a lot of people hate the
15:51
things I've designed which is really
15:52
weird because they were all given away
15:53
for free Paul chain was giv away for
15:55
free Paul ax was given away for free
15:57
hack was given away for free my advice
15:59
is given away for free this video is
16:00
given away for free you don't even know
16:03
an address you could send me money at
16:05
you don't have any address of mine um
16:07
wow that's a lot of free stuff for a lot
16:09
of hate and I didn't even wear any
16:11
jewelry just so you little hater guys
16:12
would have an easier time for Christmas
16:14
you have to hate his
16:16
hard still called the top in the
16:19
day um they want you to feel wrecked
16:23
hexans pul
16:24
hexans uh pans they want you to feel
16:27
wrecked the enemies the scumbags of the
16:29
world they want you to feel wrecked but
16:31
you're not wrecked pulse chain has
16:32
operated flawlessly since launch 227
16:34
days ago it's not very long ago um hex
16:38
has operated for over four years
16:40
perfectly flawlessly while so many other
16:43
things have gone to zero stopped
16:46
functioning went bankrupt over and over
16:49
and over again
16:50
now who promoted the bankrupt things the
16:54
same scumbags that won't say a good
16:56
thing about the stuff that I designed
16:58
coin market cap advertises crap that
17:01
goes to zero advertises crap that gets
17:04
bankrupted advertises crap that destroys
17:05
their users lists it all over the place
17:09
lies about our stuff lies about the
17:11
market cap Paul's chain lies about the
17:13
market cap of hex um you know every
17:18
everybody just lies about our stuff
17:21
really weird like I guess they hate
17:24
their users and hate their followers and
17:26
want them to get wrecked
17:28
I
17:29
guess uh yeah so you know coinbase
17:32
didn't list hex sued by the SEC Kraken
17:36
didn't list hex sued by the SEC binance
17:38
didn't list hex sued by the SEC plus
17:42
paying the cftc $1.5 billion plus paying
17:47
the doj 4
17:50
billion plus waiting for sentencing
17:53
after pleading
17:55
guilty hey wait a second second wait a
17:58
second hold on all the guys that said
18:02
bad things about Richard Hart hack Paul
18:05
chain Paul X sent their followers to
18:09
things that went bankrupt like Celsius
18:13
blockfi uh
18:17
cred Gemini
18:20
lend on down the list while I told you
18:23
all not to pick up pennies and freight
18:25
trains not to pick up pennies and FR of
18:27
freight trains not to risk your whole
18:29
stack for 7% not to do the opposite of
18:32
why cryptocurrency was invented and take
18:34
counterparty
18:35
risk you know it just blew my
18:40
mind and then these same idiots are
18:42
doing the same stuff oh here's another
18:44
funny
18:46
thing salana which pumped recently is
18:51
being claimed in court by the SEC to be
18:53
a security in both the Kraken case and
18:56
the coinbase case
18:59
pumped
19:02
anyway you know
19:05
now so right now I'm just kind of
19:07
talking about Market things so one four
19:10
years of perfect Flawless operation on
19:11
Hex why everyone else got
19:13
wrecked um call the top of the day never
19:16
went over that price yay um world's
19:21
largest free air drop worth millions and
19:22
millions and millions and millions of
19:23
dollars billions of dollars of market
19:25
cap all over the place four years of
19:27
perfect Flawless operation in hack 227
19:30
days of perfect Flawless operation in
19:32
pulse
19:33
chain uh yeah these things are all going
19:37
very
19:37
good
19:39
now oh yeah and apparently getting
19:42
called to security doesn't mean you
19:44
can't pump because there you go Sal of
19:48
Pumped also what I what I think is funny
19:51
well a few things about Salon it used to
19:53
be down all the time um and now it just
19:56
has a lot of inflation so apparently the
19:58
way salana works is that they inflate it
20:00
a lot to subsidize the fees to be
20:03
cheaper which then if the guys that are
20:05
getting inflation ever decide to sell it
20:08
is going to suck so salana has very high
20:11
inflation compared to bitcoin Bitcoin
20:13
has very high inflation compared to
20:16
ethereum
and I think
ethereum
's
20:18
inflation is very similar to pulse
20:20
chains but I'd have to look there's some
20:23
website that has like a counter is
20:25
basically in
ethereum
and pulse chain
20:27
they both use EIP 1559 and even though
20:29
pulse chain has 25% less base inflation
20:33
so if if the gas usage on both systems
20:35
was the same pulse J would inflate 25%
20:38
less um but EIP 1559 introduces burning
20:42
and burning increases as a result of
20:45
what percentage of the block space
20:46
you're using so they target 30 million
20:49
gas and then the fees get a lot higher
20:51
if you go over half of that so they're
20:53
really targeting 15 million gas of the
20:55
30 million Max and pulse chain inherited
20:58
a lot of those parameters so long story
21:01
short because the gas fees are so cheap
21:03
on pulse we might not be pushing into
21:06
that gas demand as hard so we might not
21:08
burning it not be might not be burning
21:10
as much so there's a chance that pulse
21:12
Chain's inflating a little bit more than
21:14
ethereum
but probably last time I
21:17
checked still less than Bitcoin
21:19
yay we're talking like bitcoin's at like
21:22
1.2% inflation and like
21:26
ethereum
's negative .18 or something
21:29
these are very small percentages so but
21:33
you know a percentage of a very large
21:35
market cap is a lot of money so when you
21:37
talk about Bitcoin inflating at 1% you
21:41
know 1% of $500 billion is what what is
21:47
that Cal 500
21:52
billion
21:54
times
21:56
1.5 over
21:59
100 wow that's 7.5 billion that's a lot
22:03
of
22:05
money
22:07
wow um is is Bitcoin worth 500
22:11
billion let's
22:14
look
22:16
uh yep it's
22:19
855 billion wow so basically that means
22:22
that the miners are getting paid
22:25
billions of dollars a year to the price
22:27
to enrich mining Hardware manufacturers
22:29
and electric companies and harm the
22:31
environment hey but most of it's
22:33
renewable yeah but not all of it so
22:35
there you go still hurting the
22:37
environment pulse chain solved this also
22:40
ethereum
solved this right you don't
22:42
need to destroy the environment or
22:43
enrich electricity companies or enrich
22:46
mining Hardware manufacturers to
22:48
maintain a consensus Network period and
22:51
funny thing about Bitcoin consensus
22:53
network is it actually sucks so uh you
22:56
guys that like Bitcoin that are watching
22:58
screw you guys and screw your bags I'm G
23:00
to educate you all and and half you guys
23:03
sent all of your people to go get yield
23:05
and things that went bankrupt why
23:08
because you can't get yield online why
23:09
because Bitcoin sucks oh you want to get
23:11
into stable coin you got on chain
23:12
exchange no oh wrecked oh you want to uh
23:15
you know have high throughput I I think
23:18
the throughput is at least four and a
23:21
half times higher on pulse chain than
23:23
Bitcoin but also uh
23:27
how many times
23:29
cheaper let's look
23:32
here
23:36
gas 45,000 times cheaper but it also has
23:40
more features and if you if you just
23:42
compare like a network that only does
23:44
sends on bitcoin versus another Network
23:46
like pchain and just pretend it was only
23:47
doing sends it'd be a lot more than 4.5
23:50
at 4.5 number is based on like the
23:52
average usage and the average usage is a
23:53
lot of complicated stuff like swaps and
23:56
staking and unstaking and all kinds of
23:57
stuff and so if you like took the usage
24:01
of the network and and like equalized it
24:03
with just sending native tokens back and
24:05
forth it would be like maybe 30 times I
24:09
can't remember I did this math once
24:11
before like a month ago but it's
24:14
significantly more than four and a half
24:15
times so pulse Chain versus Bitcoin
24:17
better for the environment lower
24:20
inflation
24:22
uh better features more secure never
24:26
been hacked
24:27
uh on the list Superior Network now what
24:31
does Bitcoin have more liquidity why
24:33
it's been around for 10 times longer and
24:36
it hasn't been gatee kept by every
24:38
possible thing which is fine so you know
24:41
at some point someone is going to I
24:44
guess there's some people in Australia
24:45
already doing it but like the best time
24:48
to buy Bitcoin was when everyone thought
24:49
it was a scam the best time to buy
24:51
Bitcoin was when it had the lowest
24:52
liquidity the best time when it when you
24:53
could buy Bitcoin was when it was almost
24:55
traded on no exchange anywhere as nearly
24:56
possible possible buy the only place you
24:58
could buy it was like Mount Cox Magic
24:59
the Gathering online Exchange in Japan
25:03
that was the best time to buy Bitcoin
25:04
cool well paulse chain has some of those
25:06
parameters it's still very early this
25:08
gatekeeping that everyone's doing it
25:09
can't get any worse only get better
Load later