/biz/ - Business & Finance

[Anonymous No.21666159]

yes hello fren, i am calling to tell you about the financial freedom that investing in RSR represents. you have secured your bags, right fren?

[Anonymous No.21666184]

>>21666159
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.21666403]

[Anonymous No.21666565]

>>21666184
STOP POSTING THIS COPY PASTA FROM THE DISCORD

[Anonymous No.21666618]

The goal is to become unpegged from the dollar and use a basket of tokenized assets not a volatile token to keep the peg. The digital dollar will experience the same negative effects of hyperinflation as the normal dollar, we've been using "digital" dollars for a while now in the form of credit and debit cards. There's no difference between a "digital" dollar that's centralized and the current dollar other than payment transfers. So in a few years instead of waiting a few days for a wire transfer it will be almost instant but the fundamentals behind that digital dollar remain the same and therefore it's subject to the exact same external forces as the regular dollar that is being overprinted.

Once RSV starts adding multiple tokenized assets to the basket of assets backing it that's when the real decentralized protocol will begin to work to maintain a stable peg and by that point the assets backing RSV will increasing in value slowly over time which will act as a cushion in times of volatility because it gives the RSR investors the right incentives to buy RSR and help keep RSV balanced in order to get access to the excess RSV that will be generated by appreciating assets.

Then there's the question of a depreciating asset, right? That's what you're all worried about? Yes, this can happen and the protocol will sell RSR in order to make up for that depreciating asset. However, this will be rare because the asset classes that are going to be used to balance RSV will be specifically chosen for their resilience and with enough diversification RSR wont really need to be sold at all as one asset appreciating in value will cover for a second asset depreciating in value and so on. Only during extreme volatility like a black swan event will this become a problem and at that point nothing is "safe" not even fiat, the goal is to provide a solution for hyper inflation as we see it around the world today in order to prove that this is a viable solution.