/biz/ - Business & Finance

Did you discord trannies actually think you could suppress the price with "satsgang" lmao?

>>17419921
>FUD dying down
>pajeet this satsgang that

satsgang

Stablecoins will likely be the most used cryptocurrencies. Most things will eventually be built on ethereum. Bitcoin will continue to exist like gold as a hedge.

Reserve will be incredibly dominant.

It's growing every day. The absolute numbers aren't what has us excited, but rather the organic growth rates. Several weeks ago we turned off all ads, and growth continues, with zero promotion or incentives of any kind. But as I've said before we aren't going for big numbers yet. We've been learning the things we need to know for this current design cycle, and once we are satisfied with the live version of the product our focus will shift.

Pretty safe bet imo

>>16656438
Trending toward $0.1

TIME FOR RESERVE

He'll yea

>>14974417
Nice work anon saved

>>14920474
Ding ding ding

>>14856784
What user would actually want to support Libra vs Reserve?

Just loaded up on another half mil. Officially a captain now.

Oof. Who's buying at 30 cents?

We're all gonna make it

>>14805946
>>14806486

>>14163840
>are there any alts to get into to get more link when they pump? Im thinking HOT and VRA
Just picked up some RSR since it hit a low in sats, but I don't expect to see anything significant from them for the next year
>pro-tip: they're working with the US government and are under NDA (my speculation)

> facebook launches a stable coin on which they sell your financial data
>peter thiel is on the facebook board
>peter thiel also is the main investor of reserve protocol
>not as equity investor but actually holding RSRs
>he sees the disaster awaiting facebook and hedges against it by RSR.
>meanwhile fb stock drops 2% today following privacy issues
>buy rsr.


More confirmation that Facebook's project Libra, GlobalCoin, WorldCoin or whatchuwannacallit will be 100% opposite everything introduced to us by Satoshi Nakamoto.
Totally centralized and run by the same payment processors already dominating the financial sector, Facebook's GlobalCoin looks more like a blockchain trojan horse than a cryptocurrency proper.
So far a dozen companies have joined Project Libra / GlobalCoin, among them some of the top e-commerce businesses and financial payment processors today:

- Visa
- MasterCard
- Uber
- PayPal

Each of them will pay U$ 10 million to join Project Libra Network.
The only rationale for accepting to pay this multimillion dollar fee is to gain access to users' private data.
All payment information will be available on the blockchain copy that each "verifier" partner will receive. When they verify a transaction, they'll earn a fee + full customer information. It's a treasure trove of personal data that each of these corporations will leverage in their own way.

https://www.wsj.com/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312

https://reserve.org/investors