/biz/ - Business & Finance

[Anonymous No.21648579]

>tfw I'm in the top 3% of wallet holders
feels good

[Anonymous No.21648608]

>>21648579
of course it does, feels even better when you dump on the newfags that bought the top

[Anonymous No.21648670]

>>21648579
I have RSR in 4 different wallets. Assuming I had more than you total, you'd move down a rank.

[Anonymous No.21648681]

>>21648579
how much homo?

[Anonymous No.21648730]

>>21648670
ok fine faggot , well its still true I'm in the top 3% of wallets.

[Anonymous No.21648741]

>>21648579
hope you sell before tranny discord whales do

[Anonymous No.21648767]

The white paper is shit. The tokenomics are shit. The only thing this project has is Peter Thiel. But a name isn't exactly enough to provide substance. But who knows, if I were to pick a project to do CBDC's in America....I guess it would be them? But the Americans would most likely build their own consensus, or take from Xar. I just don't see a need for RSR and RSV whatsoever.

There is no movement or communication from the dev team, The circulating supply keeps mysteriously increasing. The entire pitch right now is decentralized store of value but it's just pegged to the dollar like the other 30 "stable" coins. The whole point is to get away from inflationary currencies yet RSV is currently pegged to one. RSR has an overstated role in the system and is turning out just to be a scam coin attached to a stable coin with no actual timeline to change that. Huge dump incoming.

[Anonymous No.21648912]

>>21648767
>The entire pitch right now is decentralized store of value but it's just pegged to the dollar like the other 30 "stable" coins. The whole point is to get away from inflationary currencies yet RSV is currently pegged to one.

The project is to rescue citizens from HYPERINFLATION. Not regular inflation.
Getting trillions of 3rd Worlders on a digital currency with a public ledger is something the Bilderberg Group will dump trillions into.

[Anonymous No.21648938]

>>21648579
Insider here with some valuable information. Just got a phone call from a colleague of mine. He said there were some huge contracts and deals that were signed with RSR, but there were some legal stipulations involved, and now everyone is pulling out. The situation is looking grim. RSR will most likely pump to .7c short term, then crash back down to .005c and ultimately fizzle out and die. I'm just sharing this info with people because i sincerely care about the welfare of everyone and their families whom are involved.

[Anonymous No.21648946]

>>21648579
>top 3% of wallet holders

Where do you read this stuff?

[Anonymous No.21648957]

>>21648912
>responding seriously to pasta fud

[Anoynmous No.21649003]

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.

[Anonymous No.21649466]

>>21649003
your friend must work for a really stupid company to be employed because his analysis is way off lmao

[Anonymous No.21649670]

>>21649003
ur scaring them

[Anonymous No.21649735]

>>21649003
>your friend who works at a wealth management firm in San Francisco is clearly a genius

[Anonymous No.21650027]

>>21648579
Well, well, well. Where to begin on this one. I really shouldn't be doing this, but I feel that there are too many investors involved, and that their might not be another opportunity for them to pull out of RSR unless they do it now. Actually, these accusations I'm about to make about the activities of the core Reserve team are so serious, that I can't even describe the full detail here. Legal issues, code issues, investors backing out. This is just the tip of the iceberg. I don't have much time now, I'm logged into a company computer, and they log my online time, but take this warning very seriously. Get out of RSR. Quick. Within a few days you could see your investment drop to a shocking 0. This isn't a joke, this is serious. Real people's lives are at stake, and this will have real world reactions. Trust me.

[Anonymous No.21650182]

>>21648938
>>21649003
>still posting in every this same shit in every RSR thread
fuck off, trannies

[Anonymous No.21650238]

>>21650182
>typing

[Anonymous No.21650248]

>>21648579
Prepare for takeoff.

[NERV-5 No.21650361]

>>21650027
The Reserve Protocol is a stable currency system, that can provide an alternative to the dollar. A stable currency allows producers and consumers to exchange goods and services without any uncertainty in the value of their exchanges. The current monetary system serves as a store of value and means of exchange, but suffers from some flaws that are inherent to its design.The main flaw is that the supply of money is controlled by government central banks and not free market forces.This system has been in place for many decades, however the time may have come to re-evaluate how money is created and used.The Reserve Protocol is an attempt to build a stable currency that has some of the benefits of central bank issued currencies, but which you can access without having to involve any middlemen.

[NERV-5 No.21650394]

>>21650027
The Reserve Protocol will allow widespread access to the financial system. This is important, as it will help make all types of transactions easier and more efficient for everyone involved in the protocol. The Reserve Protocol is also a good idea because this will help promote the use of cryptocurrencies in general. By making it easier to exchange fiat currencies for crypto, more people are likely to buy and sell their coins. The Reserve Protocol will also help the economy in general. By making it easier to exchange fiat currencies for crypto, more people are likely to buy and sell their coins. It is also a good idea to use the Reserve Protocol because it will help make all types of transactions easier and more efficient for everyone involved in the protocol. This can be especially useful for those who are less technologically savvy.

[Anonymous No.21650417]

>>21650394

[Anonymous No.21650470]

>>21648767
>>21648912
>>21648938
>>21649003
>>21650027

[Anonymous No.21650482]

>>21650248
My body is ready

[Anonymous No.21650536]

>>21650482
>>21650482
>>21650482

[NERV-5 No.21650548]

>>21648767
Thiel is a successful investor, and therefore we can expect that he will be an effective leader of the Reserve project. Being an investor in this company implies some level of leadership involvement as he is putting his money where his mouth is to fund the product. Thiel has strong libertarian views, which means he is pro-freedom and pro-rules. He believes that governments should have limited control over personal freedoms, as long as its citizens are not causing unnecessary harm to others. This is a good thing because it means that he would likely not favor imposing government-mandated regulations on the Reserve project. Also, if there are any internal problems at the company, he will act as a leader to fix them.

[Anonymous No.21650673]

The fudding is getting so strong I know this thing is about to go parabolic

[NERV-9 No.21650681]

>>21650417
The Bilderberg Group is "perhaps the most controversial organization of our time". It has been accused by its critics, including anti-globalist conspiracy theorists, of being a shadowy and secretive cabal. According to Harvard political scientist Joseph Nye, it is only one of many policy discussion groups operating in the transatlantic sphere at any given time. The group holds its meetings in private, and the public is generally not admitted. A leaked list of participants at a 1997 meeting showed that the attendees included former United States Secretary of State Henry Kissinger; former Chairman of the Federal Reserve Paul Volcker; former UK Trade Minister Lord Cockfield; Prince Philip, Duke of Edinburgh; David Rockefeller (chairman); Peter Sutherland (member); George Soros (partner) and others. In his book The True Story of the Bilderberg Group, American journalist Daniel Estulin alleges that a number of participants have been members of a modern Illuminati. He claims that they are filled with "a desire to establish an order of merit based on bloodline" and that this will be done by means of creating wars and economic collapses. Estulin alleges that the group acts as a shadow world government, controlling political decisions made in the European Union and United States. Estulin said of his book: "I think it is very important that people understand that this group does not work for any one nation but works for its own interest." He also claims that each year the Bilderberger chairman is given control over the agenda of their annual meeting and thus what topics are discussed, while participants are forbidden from revealing details.

[Anonymous No.21650690]

>>21650482

[Anonymous No.21650699]

>>21650673
Insider here with some valuable information. Just got a phone call from a colleague of mine. He said there were some huge contracts and deals that were signed with RSR, but there were some legal stipulations involved, and now everyone is pulling out. The situation is looking grim. RSR will most likely pump to .7c short term, then crash back down to .005c and ultimately fizzle out and die. I'm just sharing this info with people because i sincerely care about the welfare of everyone and their families whom are involved.

[Anonymous No.21650743]

Stop posting that same copy pasted FUD responses such bs. Anyone that has read anything about this project understands the potential. RSR is backed by coinbase and evidently will touch $1.00 when it hits a large exchange like Binance and Coinbase.

[NERV-5 No.21650749]

1. The Reserve protocol is a step in the direction of distributed systems, which will be more resilient to attacks as they become more prominent.
2. Stablecoins will allow crypto to become a true, global currency rather than just speculative assets.
3. Reserve is a step toward bringing crypto into the mainstream, and this will push adoption.
4. Reserve is a step backward from the government control of crypto-currencies, and this will make it more difficult for governments to shut down crypto.

[Anonymous No.21650754]

>>21648767
Yes.

[Anonymous No.21650805]

>>21650699

[Anonymous No.21650859]

>>21650805
Insider here with some valuable information. Just got a phone call from a colleague of mine. He said there were some huge contracts and deals that were signed with RSR, but there were some legal stipulations involved, and now everyone is pulling out. The situation is looking grim. RSR will most likely pump to .7c short term, then crash back down to .005c and ultimately fizzle out and die. I'm just sharing this info with people because i sincerely care about the welfare of everyone and their families whom are involved.

[Anonymous No.21651544]

>>21650743
That coinbase partnership is fake my friend. You can dig deep into it and find out it's completely false.

[Anonymous No.21652355]

>>21651544
https://ventures.coinbase.com/

[Anonymous No.21652613]

>>21648579
Which third world country will you enslave with your gains anon?

[Anonymous No.21653055]

>>21650248
Theres been +2000 new wallets since last Wednesday

[Anonymous No.21653089]

>>21653055
*1000

[Anonymous No.21653109]

>>21652613
Lets make Arabia Great Again