Buying RSR now is like buying a share of the Dutch East India company in 1602

Buying RSR now is like buying a share of the Dutch East India company in 1602

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um. okay faggot.

Can someone explain to me the difference between RSR and RSV? I've always ignored these threads, but now I'm a little interested. Which should I buy if I want a 3-5 year hold?

Buying RSR is like buying a share of the federal reserve bank

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>RSR - GOLD
>RSV - Stablecoin
RSR will back RSV like USD-GOLD in the last century. But RSV will not be a stablecoin to be used in exchanges, will be a stablecoin to be used in economic fucked countries like Venezuela, Argentina, Brazil etc.

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Thanks! So if I'm looking to make gains, I'd want to buy RSR then, right? RSR will move in price, but RSV will be stable in price?

>economic fucked countries

USA + every country on earth (in a few years) etc

Correct

God bless you user, thanks for explaining this to me.

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>but RSV will be stable in price?
>The independent phase — where Reserve is no longer pegged to the US dollar, with the intent of stabilizing its real purchasing power regardless of fluctuations in the value of the dollar.
Source: reserve(.)org/protocol

This independent phase is a utopia, this will never happen. RSV will be backed by RSR forever.

Fuck off jeet, nobody cares.

RSR backs nothing fuckface. It balances RSV, but it does not back it. It's not a collateral.

100,000,000,000

can be used as a collateral in some cases according to their whitepaper, though not initially.

RSR doesn't back RSV. RSV will be backed by a basket of commodities once it is depegged from the US Dollar. RSR is used to keep RSV at a stable pricevia the arbitrage mechanism. So in a sense yes, the Utopia never ends as RSR will always be used and burnt.

Once RSV is depegged and the arbitrage mechanism is in place, RSV will be immune from inflation. Making it (on paper) the most stable currency on earth.

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What are your
>pessimistic
>realistic
>optimistic
Price targets for RSR by EOY 2025?

I love that you made this into an RSR meme.

$10
$56
$100

I stand corrected. I apologize for my rough language.

Is Coinbase still getting listed before EOY?

Extremely based comparison

would recommend you to have a look at what Morpheus Network is bringing onto supply chain field cause that's unique. and guys are coming with real results. they have real-world used cases with CO-OP: 10B$ Canadian retail company adopting the tech and other biggies. One of the other problems blockchain solves is counterfeiting goods. what u think?

rsr dev back again

ready to explain the platypus?

I will add a hint today let's see how smart you guys are

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unlikely. probably q2

This is wrong lol

this point seems to be the most misunderstood/constant source of confusion amongst RSR devotees. Coinbase listing cannot and will not happen until after main net launch because of US securities laws, correct?

Checked

Gonna buy like 10k of them and see what's up.

Correct, as I've mentioned in the last thread.Q1 mainnet launch Q2 coinbase

Port Moresby in Papua New Guinea seems awfully far away for a project focusing on South America...

As far I noticed the mobile app (which despite the new layout they made) is still shitty compared to other competitors, however I clearly stated when you register you comply by US laws and shit by clicking the checkbox, so I dont know where this shit of securities law come from, also coinbase listing can happen but not available in US at worst. The worst thing that third shitty world countries block the app ( which has happen in Venezuela with AirTM and Coinbase).

think bigger

Coinbase custody listing would not involve the SEC since it's only available to institutional investors. I expect a listing on custody before mainnet.

Yes, but still this """rumor""" constantly persists, especially on crypto twitter. Very annoying and demoralizing for those just discovering the project. Appreciate the inside scoop tho, confirms what those of us who have been in the project for more than a year have long suspected.

Can you do gasless transactions and RSV native fee on ZK-Rollups?

All I know really know about the economies on the upside down half of the planet, is that China controls (either directly or indirectly) almost every economic outcome in the region.