/biz/ - Business & Finance

.7c waiting room

1$ end of month?

RSR Rangers, report in! What's your stack? How are you holding up amidst today's dump?

>Wtf is RSR/RSV/RSD?
RSR = Reserve Rights (used as collateral to keep the RSV stable at $1, also used and burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1) It is a volatile asset set to be worth $10 in 5 years. It's like a MakerDAO but without the gay shit and a WeChat global remittances app combined.

Investors:
Paypal Mafia
Peter Thiel
Coinbase
Sam Altman (Ycombinator)
Your Dad.

DeFi application:
Holding 1MM RSR in the arbitrage app will net you between $10k-$20k RSV a year when RSR's price is above $1. Higher the RSR price the more your passive income will be while never depleting your principal RSR amount.

IMPORTANT UPDATES:
>RSV has exited the beta stage and now has a supply over 1MM
>Mainnet still on track for a Q1 2021 release
>Cryptic tweet from CZ hinting at a RSR listing in August
>2 new exchanges listed RSR pairs, combined daily volume around $2MM being traded with RSR (still not listed on coin tracking websites its so new)
>US banks can now offer crypto services and central/federal banks can now tokenize assets which will make the minting function of the protocol more robust now and likely make arbitrage even more profitable and decouple RSV from the USD quicker
>African cellular company has began shipping their phones with the Reserve app pre-installed

(Some data on CMC is incorrect use this)
>https://www.coingecko.com/en/coins/reserve-rights-token

Price projections:
It is important to point out that the Reserve protocol was designed around the concept of a high price for RSR - which is why the devs see a target of $10 in the 5 year range (based on Delphi Digital RSR 10 year simulation). The higher the price for RSR the more resiliant and stable RSV becomes.
2020 eoy: $0.11
2021 eoy: $1.30
2022 eoy: $2.80
2030 eoy: $56.68

Dev site: https://reserve.org/
Whitepaper: https://reserve.org/whitepaper.pdf
Telegram: t.me/reservecurrency
biz RSR discord: gDfXXh6

>>19461433
Take out a fucking loan, donate blood plasma twice a week, suck 1000 dicks for $25 each just so you can get more capital to buy RSR.

You are just a few months away from being quickly priced out. Cap this.

>>18038523
RSR/RSV is a system that uses multiple tokens to keep one token stable. RSR is used for arbitrage in this system and price projections range from $1-$10.

RSV will be the next generation stable coin backed by multiple currencies and supported by Coinbase.

Early investors include Coinbase Ventures, Peter Thiel, Sam Altman, Digital Currency Group, Crypto Lotus, Refactor Capital, Jack Selby(Paypal founder), Distributed Global and many more.

As for Coinbase? Everyone knows they list what Digital Currency Group tells them to.^^

They have former SEC commissioner on their board.

Unironically supported by the fucking moguls of Silicon Valley.

Mark Carney, the current governor of the Bank of England specifally identified the dollar's status as the world's reserve as something that needs to be replaced by a form of digital currency similar to Facebook Libra, believing that would be a better option than letting another fiat currency like the renminbi replace the dollar.

Their mobile app is releasing next month and will be testing in hyperinflationary environment.

Coinbase Ventures are EQUITY investors/owners, making it clear that RSV/RSR is going to be the first next-generation stable coin system listed on Coinbase.

Something I've been thinking about, actually: I remember in the earlier RSR threads when these black-and-white meme images were getting made. At the time, it seemed pretty tongue-in-cheek, knowingly over-the-top, trying to imitate the Link memes, basically. This was before any whisper of Satsgang fud.

Then one or two people started going fucking ballistic in those threads - less so at Reserve itself than at the meme images specifically. That was when the obese-woman spam started, as well as the Satsgang fud.

I think one or two people, for whatever fucking reason, took very personal offense to the silly branding that /biz/ was doing, and they've been waging war on RSR ever since. Strangest thing.

>>16817948
I remember in the early RSR threads when these meme pictures were being made, basically in a tongue-and-cheek manner, and at the time, no one really cared.

Then one or two people started going fucking ballistic over said imagery, then we started getting the obese-chick spam, and ever since then, we've been getting this shrill, hysterical FUD.

I think someone took actual personal offense to all the silly tuxedo imagery and they've railing against the shit ever since. Strangest thing.

Guys, we are gonna be so rich once third world shit-holes pass laws to adopt this random shitcoin as their national reserve currency! RSR’s dev team is so diverse too, including people of color, women, LGBTQ. And we are sooo popular on reddit. A bunch of rich and famous jews placed 0.000001% of their money on it too— so it is GUARANTEED. And there is PLENTY of RSR to go around. This is gonna be le epic! :-)

Please don’t buy VIDT, QNT, or LINK. Stick to the cool tuxedo and Lamborghini coin!

Guys we are gonna be so rich when Reserve flips Tether as the top stable coin! So many countries are getting ready to adopt Reserve protocol as their national reserve currency. At this rate, 1 RSR could be worth $1000. Nevin is getting Argentinians to adopt it instead of bitcoin as we speak! Just wait for the mobile app — We’re all gonna be riding in style in our Lamborghinis. Things are heating up over on reddit too. Hope you bought a tuxedo!
To the moon! :-)

With a $300k BTC price by end of 2021 we should at least see a $5 RSR price around the same timeframe. dyor tho, i'd rather not spoonfeed this thread, dont have much time.

>Wtf is RSR/RSV?
RSR = Reserve Rights - Used as collateral to keep RSV stable at $1, when used its burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1. It is a volatile asset intended to have a high price.

RSV = Reserve - The stable crypto that is economically and legally robust at any scale. Decentralized, 100% asset backed, and funded by top Silicon Valley investors. It is literally the most technologically advanced stable coin concept to date in a world where the current stable coins have more problems than a tranny trying to figure out what public bathroom to use. In short, RSV is the only stable coin concept that isnt a literal shitcoin. Just look at DAI, just the other week it was $0.93! MakerDAO cannot scale for use as a global stable currency, as of right now only the Reserve protocol fits the criteria checklist for that use case.

IMPORTANT UPDATES
>RSR burnrate confirmed at 2-5% annually in USD value of the total supply by Reserve devs.
>Huobi is building a DeFi that will support RSV
>Entirely regulatory compliant
>RSV launch with app in August (rumored insider info)
>New RSR exchange listings in Q4 (also rumored)

Available Supply data:
>The circulating supply for the first 3 years is closer to 20 billion as the reminder are essentially in a staked state.
>55 billion is held by the Reserve team to do burns so that more RSV can be minted
>In the event of minting new RSR the total supply will never exceed 100 billion as per dev data

Circulating supply on CMC is incorrect
>https://www.coingecko.com/en/coins/reserve-rights-token

Price projections:
2019 eoy: $0.05
2020 eoy: $0.40
2021 eoy: $1.30

Reserve crash course: Let /ourPajeet/ show you da wae
www.youtube.com/watch?v=egq7FnyED3A
www.youtube.com/watch?v=TuZp7n4oarM

Dev site: http://reserve.org
Whitepaper: https://reserve.org/whitepaper.pdf
Intro: youtube.com/watch?v=jydF88bwXco
Telegram: t.me/reservecurrency
RSR Deep Research Discord: jyXx96Q

>Wtf is RSR/RSV?
RSR = Reserve Rights - Used as collateral to keep RSV stable at $1, when used its burnt to purchase xyz amount of RSV at $1 - so if RSV is $1.20 you can use RSR to arbitrage and buy at $1. It is a volatile asset intended to have a high price.

RSV = Reserve - The decentralized stable coin that is economically and legally robust at any scale. 100% asset backed by multi-collateral, and funded by top Silicon Valley investors. It is literally the most technologically advanced stable coin concept to date in a world where the current stable coins have more problems than a tranny trying to figure out what public bathroom to use. In short, RSV is the only stable coin concept that isnt a literal shitcoin. Just look at DAI, just the other week it was $0.93! MakerDAO cannot scale for use as a global stable currency, as of right now only the Reserve protocol fits the criteria checklist for that use case.

IMPORTANT UPDATES
>Peter Thiel is only known to have invested in 3 cryptos: ETH, EOS, and now RSR/RSV - his investment patterns are overwhelmingly correct.
>Former SEC Commissioner (& Adviser to Pres. Trump) Paul Atkins named as an advisor to Reserve.
>RSR burnrate confirmed at 2-5% annually in USD value of the total supply by Reserve devs.
>Huobi is building a DeFi that will support RSV
>Entirely regulatory compliant

Available Supply data:
>The circulating supply for the first 3 years is closer to 20 billion as the reminder are essentially in a staked state.
>55 billion is held by the Reserve team to do burns so that more RSV can be minted
>In the event of minting new RSR the total supply will never exceed 100 billion as per dev data

Circulating supply on CMC is incorrect
>https://www.coingecko.com/en/coins/reserve-rights-token

Price projections:
2019 eoy: $0.05
2020 eoy: $0.40
2021 eoy: $1.30
2022 eoy: $2.80

Dev site: http://reserve.org
Whitepaper: https://reserve.org/whitepaper.pdf
Telegram: t.me/reservecurrency
RSR Deep Research Discord: jyXx96Q