/biz/ - Business & Finance

>>16406135
The goal is to be the top reserve/stable currency based on a pool of national currencies and other assets.

They have a former SEC commissioner on their advisory board.

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

One of their primary goals is government compliance and they clearly have the connections to accomplish that.

The 2-5% arb burn rate that will begin after mainnet launches will further reduce the supply of RSR which all but guarantees a $1 price. It might take a few years to reach $10 but if adoption rate is high enough then it could even surpass even that.

The investors are solid as fuck, the team looks solid and were invited to speak at Davos not sure if you've seen that video yet. https://www.youtube.com/watch?v=rb4e34btRbQ

The fact that big players like Facebook want to basically make the same type of stablecoin also makes me super bullish on RSR/RSV. Even Binance is trying to make a "local stablecoin" called Venus. Crypto demand is at an all time high in Venezuela and new companies like PundiX are installing point of sale equipment for retailers.

RSV/RSR will have a diverse basket of assets, transparency, adoption in high inflation areas, burn mechanism and is currently selling for less than .0025. The only downside right now is that it's going to be annoying to buy it if you're a burger, until coinbase adds it between now and mainnet.

>>16406205
Ok ranjeet

>>16406135
ok Aadesh, Daksh, Aadhishankar or whatever your name is

>>16406212
>>16406218
pretty sure only jeets hate on this patrician silicon valley gem. stay broke faggots, it will be fun to watch you seethe even more.

>>16406247
mfw this faggot doesn't know that RSR is the only official pajeet coin that exists at this moment.

>>16406247
fuck u nigger i own 5m of this shitcoin

>>16406289
>>16406290
SEEEEEEEETHE.. you jeets can't get in on this.

>>16406306

>>16406205
OK, boomer.

>>16406346
ok broke fag