/biz/ - Business & Finance

>>16158813
Some Anons here are just trolls Fudding RSR too
If they did their research they'd know a thing or two about RSR like:
>App launched in Venezuela
>Backed by Peter Thiel, coinbase, ycombinator and all funds
>Ties with Venezuela's guy who made Petro
>Targeting adoption in Venezuela, Brazil, Argentina, Turkey, Greece
>Paypal $ in VZ moving to Rsr

>>15076977
The image explains it!

>>15011784

>>14740148
>Libra will be used by 2 billion people
no sweetie. FB doesnt have 2 billion actual human users.
several months ago it was confirmed that more than half of FB reported users are fake accounts, bots, etc.
that little tidbit is one of the major reasons a major pool of advertisers are class action suing facebook.
most of the data they have reported over the years has been entirely false, inflated numbers.
FB isnt as big as you have been led to believe.

i cant even believe i actually responded to your pathetic libra shill. just kys and get out of this thread immediately.

NOT PRECIATED.

>>14740149
I've already answered that in this thread but its because Maker relies on CDP's and because of this it cant scale to global demand conditions. MakerDAO is literally only used by traders at certain times to use it as a margin depot. Beyond that, the rates are so absurd that only a fool would ever think of using it. dyor tho but ive already fed you enough.

We’re building a universal store of value.

We believe that everyone’s money should be secure. Billions of people around the world don't have a safe place to store their money. Banks in some countries can't be trusted, and some governments inflate their own currency to pay off debts, hurting citizens in the process.

With a few exceptions (e.g. money laundering, terrorist financing), we believe anyone in the world should be able to transact with anyone else. This requires low-friction, cross-border transactions, which are hard to do with our existing financial systems.

The Reserve project aims to solve both of these problems with a stable, decentralized currency that can’t be abused by a government because it is globally distributed outside of anyone’s control, and thus nearly impossible to shut down.