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/biz/ - Business & Finance


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21651132 No.21651132 [Reply] [Original]

>> No.21651172
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21651172

>>21651132
RSR is way bigger than /biz/ I wouldn't bother with some brainlet pajeet fud...

>> No.21651293

That’s honestly cringe and so is Reserve.

The Reserve team had to sell some of their tokens to pay for all these shilling threads. If everyone hasn't figured it out yet the real defi diamonds aren't shilled endlessly,

>> No.21651384

>>21651293
"Goodbye, irritant."

>> No.21651410

>>21651293
The Reserve Protocol could be considered to be of significant importance in countries that suffer from extreme inflation. The main reason for this is because the Reserve Protocol opens up many options for innovation and improvement through the use of blockchain technology, which can help a country deal with or even eliminate its problems with hyperinflation. By its very nature, the Reserve Protocol can bring about a new age of prosperity and freedom to many people who are currently suffering under authoritarian regimes. This is possible because the Reserve Protocol allows for citizens in these countries to exercise all their rights (including liberty) while being able to protect themselves from abuses by government. The Reserve Protocol enables the free flow of money, a key element in human prosperity. By allowing individuals to use their own government-issued fiat currency as if it were cryptocurrency, people can then protect themselves against inflation by using the Reserve Protocol for all transactions. This is because the Reserve Protocol allows for a much more efficient system than traditional exchanges. This new system is made possible by blockchain technology, which uses revolutionary peer-to-peer networking to process transactions. The Reserve Protocol is also of great importance for entrepreneurs, who are allowed to start businesses that were previously illegal or restricted due to the often oppressive and tyrannical nature of authoritarian regimes. This includes things such as allowing citizens to conduct cryptocurrency trades with each other.

>> No.21652428

Buy RSR and keep the muds in their own shitholes.

Sign me the fuck up!

>> No.21652464

>>21651132
>RSV is a stable cryptocurrency that can be held and spent the way we use US dollars and other stable fiat money. It is a decentralized, asset-backed stablecoin. Reserve believes it can beat fiat money in global stability. The protocol is designed to hold collateral tokens worth 100% of the value of all RSV tokens.
>ASSETS: Government debt, like US treasury bills, can function as an asset that is similar in value to fiat money, with less inflation, due to the small yield. Commodities, like gold and diamonds, are more volatile in the short term, but can be more stable in the long term, and so could make up a part of the backing. If structured and diversified properly, it may make sense to include some equities.
Why on earth would they be using US Treasury bills to back this currency when their yields are at an all time low? They are backing digital fiat with even more worthless paper fiat.

Not even fudding right now can someone explain to me how this makes any sense? Talk about building a house of cards on top of another house of cards. The entire foundation of this coin is flawed if they are backing it with an asset that is yielding the worst it had in decades. People are dumping this shit left and right for gold and bitcoin.

What exactly makes RSR a better call than stacking bullion?

>> No.21652513

>>21652464
It’s only part of the backing

>> No.21652559

>>21652464
The Reserve Protocol is a cryptocurrency that will be used primarily for trading and exchange. It is meant to reflect the strength of its economy, which it achieves by using a basket of different cryptocurrencies as collateral instead of only one single crypto asset. This approach allows The Reserve Protocol to provide stability even in times when one or more cryptocurrencies collapse or crash, because it uses multiple assets as collateral. In other words, if some currencies are doing poorly and others well at the same time, this approach means that overall performance suffers less than would otherwise be case. The Reserve Protocol essentially creates collateral from different cryptocurrencies and real-world assets by using them as a basket that can be exchanged for another cryptocurrency based on its performance. If one currency starts doing poorly or better than others over time, then the overall value can change accordingly. This is a good thing, because it means that the Reserve Protocol can be used by more people and for many different purposes. It makes investing in the project safer and less risky, which adds a measure of protection against major market shifts and drops. This system can be used as intended: as an automatic market regulator in response to volatility.

>> No.21652625
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21652625

>>21651132
shithole, worthless token