/biz/ - Business & Finance

>>18161250
thiel will become the first trillionaire thanks to reserve. cap this

>>18161250
>>18161355
kys satsgang pajeets
fuck off with your spam

Oh yeah it is anon

>>18161355

I haven´t seen any proof that Peter Thiel is invested in this

>>18161871
by the time you see him talking publicly about rsr and rsv it will be too late.

>>18161871
if you think it's all a big scam and peter thiels name is being used without his consent then you should probably write to forbes and let them know

https://www.forbes.com/sites/tatianakoffman/2019/03/08/stablecoins-the-next-generation-of-digital-money/

>>18161250
Look at how RSR shills never bump certain posts, they want to emulate LINK shills by making custom memes and it's highly likely that it's all shilled by the same group, I'm doing this because I worked my ass off to get my economics degree and I hate a fucking ignorant fuck talking shit with the attitude of someone that know what he's talking about.

If you know basic economics and basic tokenomics you already know that this shit is a scam but if you don't know here some facts:

RSR CEO has no academic background, Linkedin has no University or nothing,
Youtube videos comments are disabled because they know they're talking shit.
Tokenomics unsustainable and totally vapourware.
Forbes article made by muh contributor
Devs hold 70% of the supply
Circulating supply is 4% of the total which means you'll need at least a 25x to only break even long term.
No company address on the website, no professional info whatsoever.

There's literally nobody on the team that has the proper economic knowledge to even properly consider the idea that they've thought of.

They literally have N O T H I N G to show for, no code, no algorithms, just a few blog posts and screenshots of an app any 10 year old could create.

As I have previously stated they will face regulatory issues, the sec won't just allow them to "become the biggest stablecoin business" dealing with sanctionned countries. Even if

Reserve seems to claim they need KYC - i disagree, they need AML. They cant seem to tell the difference.

Getting off the peg, lol what fucking retards, even Tether, the biggest ponzi of all is pegged, they don't talk about public statements about the reserve, they don't talk about nothing, they just go arond with the attitude of being intellectual and that's why I hate them, at least Bitconnect was obvious and funny, ZBUX is a meme, BRAP too, these guys act as academics and that's why I hate them, because they're not even 1/100 of what an academic is

>>18162242

>no academic background
you know that thiel pays people NOT to go to college right?

>youtube commets are disabled
lol

>forbes article made by muh contributor
do you really believe they would allow someone to contribute an article that leads people to invest in a scam?

>Circulating supply
if you're still talking about the supply then you don't understand anything about reserve and the way the protocol will burn rsr and keep the supply scarce via arbitrage pool staking

>no company address on the website
and? ive been involved in several companies where the owners refuse to share this information. this is a moot point

>There's literally nobody on the team that has the proper economic knowledge
why pay someone a salary for information you can get from an advisor? seems like they have enough basic knowledge about economics to know that much.

>As I have previously stated they will face regulatory issues
every crypto project has "regulatory" issues, the point of the project staying in stealthmode is to avoid those issues as long as possible so that they can establish themselves prior to having to deal with being cockblocked like libra.

>Tokenomics unsustainable and totally vapourware.
sure thing whatever you say anon, just because you don't understand the protocol doesn't make it "vapourware"

>They literally have N O T H I N G to show for, no code, no algorithms
https://medium.com/certik/reserve-protocols-rsv-case-study-and-audit-68c9ea232ca3

you're a nigger anon.

>>18162425
fucking pajeet

>>18162451
fuck niggers

>>18162451
get mad faggot

>>18162242
epic FUD anon. Keep accumulating.

RSR has very little utility in the Reserve Protocol ecosystem besides diluting the supply. Let me explain: the team has created a narrative that you can make a lof of revenue through RSR/RSV arbitrage, which will create further demand for RSR in the long run. So how exactly would that work?

1) An excess pool of RSV has to exist in order for RSR holders to be able to go through an arbitrage loop with RSR tokens, which means there had of been some collateral appreciation occurring previously for this pool to exist. That means you as a RSR holder can’t arbitrage until the vault portfolio is optimized to produce revenue/retain value against usd (this will not happen for years)
2) RSV has to trade above $1 in large volumes for the arbitrage process to be in any way profitable, which is very unlikely to happen (if it does trade above $1, it will be small amount of sell orders), not to mention that the Reserve foundation will always have a first actor advantage, deflating the pool of excess RSV tokens before any of the regular people will have a chance to participate

Where does RSR then play a role? When RSR depreciates, the protocol will mint as many RSR necessary in usd value to sell for collateral assets to get back to the target collateralization ratio. When new RSR gets minted, the circulating supply of RSR will be increased, lowering the value of previously existing tokens.
Example: if the collateral depreciates 5%, the protocol would need to mint $5 million worth of RSR tokens to sell for collateral assets to get back to the targeted level of collateral. When the current RSR market cap is $16 million, this would have a drastic impact on the price of RSR, thus making it extremely risky and unattractive to hold.

>>18162425
>https://medium.com/certik/reserve-protocols-rsv-case-study-and-audit-68c9ea232ca3
I'll read up on this.
Also chuck me a discord invite link.

t.pmnm

>>18162548
example in a scenario of 100m RSV circulating

>>18162548
You're fudding in the right direction, but ultimately the onus of proving there will be insufficient volume is on you. What we know is the team spent most of 2016 and all of 2017 crunching numbers and data to come up with the system that they did. The connections and investors they have, namely Paypal, who is on record this year saying they are looking for a permissionless solution for third worlders after pulling out of Libra. Paypal, who owns venmo, who do 100B in annual volume in the USA **alone** will be very eager to expand their claws into shitskin territory. Anyways, RSR will 100x long before the vault is live and arbitrage actually happens. You underestimate what a coinbase listing and fortune10 endorsement/acquisition will do.