coinbase owns equity in reserve and since they're an exchange they also want on-ramping. so the reserve app takes on the added risk for converting local fiat / paypal payments and on-ramping the unbanked people and coinbase lists rsv so these people can jump into the exchange to buy stuff without worrying about fraud or exchanging the currency or some other regulatory issues. rsv will be like a mini-exchange and even if coinbase doesn't list rsv just using some kind of swap contract would suffice to get people to swap from rsv to some other crypto on the fly and then send it out to any exchange they want. im sure they're already thinking of some integrations they could do once the app gains some traction. basically it will be better to list rsv than not list it if you're coinbase as long as the team proves itself this is very possible and much sooner than people might expect.
Reserve Protocol (RSR)
unfeasible, system will never be built
Kek
We’re gonna 1000x and dump well before the “system” is operational. You saw yesterday how much money is on the sidelines watching RSR. PayPal backed crypto projects don’t go unnoticed.
it's already being done user
Why is circulating supply only 6 billion?
the rest is owned by the team and seed investors who bought for $0.0004 - 10x cheaper than the current price
these tokens lock after main net so everyone is expecting a huge dump
whales are arbing. they wont dump. supply will burn.
100 billion total supply and only 6 billion is circulating, NO THANKS!
incentives are set up for arbitrage not for dumping. plus with all that's going on with the economy and the dollar it's probably going to drive up demand around the world and money exchanging and on-ramping will become even more important in these countries as their currency continues to inflate against the dollar.
these next few years are going to be the golden bullrun for defi and stablecoins.