What is the absolute best FUD against RSR?

it's ran by based boys

RSV will only work if they switch course and try to take over tether rather than brown countries.

>expect dump
I'll expect to take a dump on your girlfriend's face, and then pay her 3 RSV for her services

rsv will connect brown countries to crypto indirectly with paypal. there's no competition there, there's no "tether app" that directly lets you purchase crypto with paypal. the rsv app is like a pseudo-decentralized exchange. you know how binance keeps getting btfo'd from brazil? good luck trying to kick out a decentralized app that connects you to any exchange in the world.

nobody has ever refuted this

because it's right

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there's been at least 4 to 5 threads completely debunking this. i should know, i debunked it myself

"muh rational market participants wont buy rsv above $1 peg" lol you people are literally retarded

>claims to have bebunked this
>no proof

ok bro
nice way to defend your shitty bags though
just say things and don't back them up, then everyone will believe you

High concept FUD

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Just get the fuck out. You had over a year to buy below a penny

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once i proved the premise is false that's all that needs to be done, have you never used logic before user? the fud starts from the false premise that all markets are rational all the time and people will go out of their way to only act in a fully rational way during times of volatility. this is clearly wrong, if the markets were always rational nobody would ever make any money.

Why would international banks allow RSV to dominate low income countries?
If banks don't take it, mainstream businesses won't use it. If mainstream businesses don't use it, there can only be an underground/niche market, and there's no place in the underground market of low income countries for Internet funny money when they're barely able to feed themselves.

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as far as I know they plan to move to another stablecoin pool if the USD hyperinflates.

Also you're assuming all the stablecoins in the pool are always worth $1 and never fluctuate themselves

t. the one retard who doesn't understand the protocol

IMF/World Bank also gives those countries huge incentives to use usd, why would they give that up for some epik bullshit coin that doesn’t do anything

it's the other way around anons, people will be ditching their fiat and moving into rsv. who gives a fuck what banks want. once you exit your fiat positions you can enter any crypto with it. all banks are moving towards digital currencies, where have you been the last year?

>people will be ditching their fiat and moving into rsv.
but WHY rsv
please respond

we're talking about brown countries still right? that's where the app is launching. rsv is currently the only token that you can directly purchase with paypal. again, where the fuck have you guys been for a year+ ? lol holy shit

>staying in RSR up until then
lmao
people are gonna get in on it because people are gonna get in on it

>the app
How many people in low income brown countries even have a smartphone?

>both of which are expected to occur YEARS from now
right, the market prices in risk-adjusted future value. this is an argument for why RSR is not worth $1 right now, not an argument for why RSR should be worthless

>the Reserve foundation will ALWAYS have first actor advantage
this assumes that the Reserve foundation will somehow be motivated to fuck over RSR holders at every opportunity, which is unlikely considering that the foundation members and backers are all heavy RSR holders. also what is the mysterious mechanism for this perpetual first-mover advantage? not explained

>Rational/educated market participants will mint RSV rather than buy
how exactly would random market participants mint RSV?

>the protocol will mint AS MANY RSR NECESSARY
except the supply is strictly capped at 100 billion, and will decrease over time as tokens are burned through arbitrage. they cannot mint new RSR.

this reads like word salad slapped together to scare idiots who get intimidated by big words

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More people have smartphones than houses or running water. Have you ever been to a shithole country for a vacation and left the resort?

most people in low income brown countries have smartphones. Venezuelans do not live in mud huts you fucking moron.

over the last year+ the team has been working on creating a network/infrastructure where you can purchase rsv with local fiat currencies (shitfiats) like the bolivar in venezuela and the peso in argentina and the peso in colombia. these are networks of money traders (forex). they're basically acting like local btc but for rsv and found ways to accept paypal payments directly to the app. this puts them at a distinct advantage to exchanges that require bank transfers to buy crypto. they're now in the process of moving the app out of beta testing and moving their off-chain rsv into on-chain rsv. the

>5000 downloads

fud is simply because they aren't open to the public yet, the current app (pre-update that's coming in 5 days) is not able to handle the amount of traffic that's being generated, that's why they actually had a small crash about 1.5 months ago because they were getting too many requests from users.

there is literally so much demand for rsv that they had to upgrade the entire app just to meet the demand.

so you're asking me why people would choose rsv. i don't know user, it's literally the only game in town. so you tell me.

most people have smart phones nowadays regardless of their economic situation. smart phones are literally being thrown in the trash because we have so many of them in circulation. you could go to a dumpster today and find a smart phone for free if you wanted one.

this info is getting my dick hard, where are you pulling this from?

a temporary solution for desperate people living in a parish state doesn’t paint a convincing picture that rsv can do what it purports it will. for pretty much every other country in the world that isn’t a failing state, the big banks in the process of digitizing their own currencies are far better poised to take advantage of the gap rsr is trying to fill

Watching the latest interviews and reading the AMAs. Keeping up with the Twitter. Just general keeping up with it.

>parish
*pariah