/biz/ - Business & Finance

RSR Chad reporting for duty, sir

>>27861796
Beautiful. I'm just over 50k under this, $1 is coming!

>>27861617
Convince me to buy this.

>>27863044
Adoption is happening as we speak, there are plenty of examples across Twitter but most aren't English, the way RSV is used with RSR will cause it to grow the more it gets used, the app is currently in beta testing, I'm hoping someone has an explanation to hand to copy and paste as my explanation will be atrocious with mobile formatting!

>>27861617
My friend works at a wealth management firm in San Francisco. I asked him to look over the white paper so I would know if they were being honest about the tokenomics. He told me that this is the most idiotic idea he's ever seen for a stablecoin, that the team clearly has no idea how they will back the currency with real world assets and that this is basically going to become the new Bitconnect once the bubble gets large enough. The biggest cause for concern according to him was their intention to use not only foreign fiat but also alternative assets for stabilization. In particular their use of vehicles like paper gold and securities is going to be very dangerous going forward. Paper commodities have been shown to be fundamentally flawed in the post-COVID world because they are even less reliable than unbacked currency and supported only by manipulative exchanges like COMEX. Securities are worth less than the paper they are printed on as well, just look at how investors have been running from all of the bonds issued by the Treasury this year. Guys like Peter Thiel and Sam Altman might have thought this was a good idea before 2020 hit us, but now it is a total disaster. I will probably ride this wave up a few more pennies because I bought in 2019 but if you are thinking about getting into this coin, just stay away. There will be nothing but losses in your future.

>>27861796
Hello stackbro

LFG!

my lil reserve stock doin some
>t. 200k rsr

I cashed out half my 250k for eth last week
Should I sell the remainder once we hit coinbase or hold forever

>>27861617
i'm so sorry you havent seen the news yet. nevin was caught minting RSV and selling it to the cartel to fuel his opioid addiction. hes in transit to the gulag as we speak. the team is in shambles. right now they're doing an exit pump to appease thiel before he dumps his 40 billion rsr tokens. we've been betrayed bros.... its over........

RSR is going to moon soon

>>27863044
Why do I give a fuck if you buy? I hold 1.5mm RSR and hope retards like you don't buy so you don't make it.

>>27863044

South America total money is 7.6 Trillion USD, imagine that RSR will hit 10% of this with their cyrpto app that gives everyone possibility to have dollar account in crypto. This is not the only goal of RSR, because they have contracted 20 million cellphones in Africa, plan to go to Spain and later to India. They have people who used to work in SEC to keep it super high profile, one of the investors is friend of Elon Musk and co-founder of paypal, a lot of early paypal team members are working in this startup. Network has built-in deflationary burning mechanisms so every time some spanish guy will buy dollars with their shitty peso they will burn RSR so pump your stack for you to make you money on collateral. Thats basically it.

>Aimed at third world countries
>runs on GAS

yeah no it wont work

>>27861617
90k checking in

>circulating supply 9.3B
LOL, waste of time

>>27866195
I currently have $100 in bao that i want to switch over to this shit. Can i do that without paying fucking $154 in gas?

This rocket is powered on them beans.

>>27863764
this doesnt even make sense?

>>27867127
hi nufag
this is a common FUD pasta for rsr
this coin has been chosen by the WEF to dominate the world in the coming years
if you buy now you will unironically 100x your money
seems too good to be true, right?
dyor

Wait this wants to be a $1 stable coin?
So when this thing gets past .50 it’s retarded to invest cause you’ll never get a full x2 after that

>>27867273
You are truly retarded

>>27867273
Fud bait

>>27867273
>rsr is more stable than rsv

>>27867273
No RSV is the stable coin. RSR is one of the assets backing RSV.

>>27861617
why even bother with crypto

>>27863764
Is this pasta?

>>27868429
Dude, those are words not fucking pasta. Does it look like spaghetti to you?

>>27861617
Indian scam confirmed