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/biz/ - Business & Finance


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28537262 No.28537262 [Reply] [Original]

>Community
>If an American did buy RSR is it on the individual then? What are the ramifications if you know?

>Matthew Gertler (General Counsel of Reserve)
>An American couldn’t have purchased liquid RSR from us.
>Any American would have acquired it on a secondary exchange. RSR does not trade on centralized US exchanges, so that person would have either had to spoof their location or acquire it on a decentralized exchange. Regardless, Reserve wouldn’t have any contractual relationship with the person who acquired the tokens on a secondary market. Liquid RSR is key here. US investors on our website acquired rights to tokens that won’t be distributed to the investors until at least mainnet launch

Just your friendly reminder that you own an empty placeholder with no contractual rights to be swapped for the real thing when mainnet drops.
Congrats on throwing away your money.

>> No.28537415

>>28537262
Swingies getting desperate. No correction until 15c.

>> No.28537438

>>28537262
Thank you

>> No.28537497

>>28537262
feels like there’s a new fud everyday

>> No.28537554

>>28537262
just rope OP. You had so fucking long to load up on this one.

>> No.28537741

>>28537262
>legalese and reality are the same

>> No.28538067

>>28537415
>>28537497
>>28537554
>>28537741
I can tell the nerves are now frayed huh.

>> No.28538068
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28538068

>>28537262
>OH FUG NEVIN JUST TOOK A DUMP OVER MY HOUSE
Fuck off you are not getting my seat swingy. Maybe I'll loan it out to you so you can use it to hang yourself.

>> No.28538315

So they will airdrop a new token if they stay on erc or they will offer 1-1x exchange on a different l1... whats the problem?

>> No.28538473

>>28538315
Dont ruin his FUD! He tried really hard.

>> No.28538789

>>28538473
oh fuck I forgot FUDing your own bags is the best part of Biz

>> No.28538930

>>28538789
i'd tell you to go back but if you're going to stay here, pull up a chair and reserve your rights newfren.

>> No.28539161
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28539161

>this fears the rsr

>> No.28539174

>>28538930
I bought rsr at .003 because of Biz

>> No.28539208

>mfw this climb just won't stop
Was there a good announcement that I missed? How high are we going right now?

>> No.28539456
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28539456

It just works.

>> No.28539460
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28539460

>>28537262
imagine the midwit that could make and rationalize this conclusion from what Gertler said. there really are some that will.

>> No.28540080

>>28537262
I am not American. My 400k stack feels comfy af. Gfy

>> No.28540146

>>28537262
Literally the same as every fucking coin pre mainnet welcome to crypto you stupid fuck

>> No.28540611

>>28537262

how retarded you must be to believe in such bullshit, honestly, even niggers must be smart enough not to believe in this

>> No.28540643
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28540643

Imagine not getting a piece of this

>> No.28540794

lets go baby! loving the fud. imagine once USA people can officially buy from Coinbase. it'll be a bigger than normal pump. the price was suppressed from burgers not having easy ways to purchase

>> No.28541139

Discovered this yesterday bought only 1k, didn't expect this to be noticed so I could accumulate... Fuck I am late to that 5k stack I wanted.

>> No.28541146

>>28537262
Absolutely SEETHING

>> No.28541792

>>28541139
It's so surreal to see people talking about their miniscule stacks when you remember how cheap it used to be. 100k RSR used to be the suicide stack, I got that much for 200 bucks. And now people are desperate just to get 5k. Weird.

>> No.28542222
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28542222

>>28540611

kek, got dubs on that so ultimately this is truth with 16c eow. Wait until Ol' Musky will start shilling this. Buy now or rope yourselves later, all I got to say. Been wasting my time on explaining to anons this project since fucking june 2020, now it's time for these who were able to think for themselves and use my advice.

>>28540643

you see this double bottom fags? If you don't know what does it mean, google it. This can't be more in-your-face than it is. Bye.

>> No.28542346

>>28541792
Congratulations, anon, especially if this goes to the moon.
I feel I am like a month late to a party. Fuck, really, I am late, to be honest. Recouped my 2017 IOTA bags with GRT, and was looking for a few cheaper coins to hold and stake.

>> No.28543656

I bought a 7 fig stack of RSR at $0.005 last summer because of this guy. Just found out he sold his stack. Sounds like he wants to rope
https://www.youtube.com/watch?v=LXT6L56mfYg

>> No.28544078

>>28542346
How did you just discover this anyways. Its been shilled on this board for over a year now.
>IOTA
don't tell me you're one of those GME reddit tourists.

>> No.28544151
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28544151

>>28543656
Swingers get the rope is a meme for a reason

>> No.28544400

>>28537262
Thanks for the reminder OP. There is simply no way you are going to get rich with RSR.

First of all, why does RSV need RSR? Why not just peg to the US dollar? Do you think Pedro in Venuzuela gives a fuck about a basket of assets. Fuck no. He just wants to buy a loaf of bread. US dollars are enough to do that, because relative to the bolivar, the USD is stable as fuck. So all Pedro needs is USDT.

The only timeline where this sees mass adoption, is in a total collapse of the USD, and then you tards will be selling your stacks to buy food - if your stacks are actually worth anything, because Theil will have exited with his 1000x long before that.

tl;dr There is no possibility of mass adoption for Reserve, it's a fucking back-of-a-napkin science-fair tier scam, loosely wrapped in a facade of social responsibility.