/biz/ - Business & Finance

I have reserved my rights to be financially ruined. It was the plan all along. I didn't invest to make money. I invested to help the poor in LATAM

>>27655243

...again yeah i bought .49

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.

Digital Racism

Are you digitally accumulating your stack of digital racism, anon?

Digial Racism for alt season 2021

Digital Racism

I'm financially ruined

Digital Racism

or not, I don't care

Why is this mooning?

>2019
$0.002 stablecoin

>2020
$0.02 stablecoin

>2021
$0.2 stablecoin

>2022
$2 stablecoin

>buy at 0.018
>sell at 0.02
>buy at 0.018
>sell at 0.02
>rinse
>repeat

ITT we post SECproof coins

I start
>pic related

RSR: yay or nay?

Is RSR still good?

If you aren't accumulating RSR right now your brain is filled with literal shit and you will never make it, anon. That's all I wanted to say.

How do we beat Libra?

What is the future for this coin?

:(

Your stack has been called up for the Reserve Army.
>Report in