Look, there are two types of crypto investors. 1) People who don’t understand classical economics and haven’t read Mises/Rothbard etc 2) People who have
The first group doesn’t understand how impactful a reliable stable currency is in every single aspect of life in a third world hyperinflationary country. The second fully understands. If your mom or dad puts $100 in the bank, and the very next day it’s only worth $90, and next month it’s worth $4, you would understand the use case very very clearly. This is not a hypothetical use case. Now that doesn’t mean that Reserve is the only one attempting to solve this problem. However, I made a sober assessment by looking at the backers, connections, and way they are unrolling this. You DO NOT WANT a coin that attempts to solve this problem with aggressive marketing and spamming. They are treading very carefully and rolling this out in a very strategic way. They have to be absolutely sure that the app works in small local markets before putting billions of dollars of marketing, development etc behind it.
At the end of the day, if you don’t know anything about economics, you aren’t really a good fit to hold this project. For those of us who do, it’s an extremely cozy hold.
One more thing, to the “MuH SuPpLy iS 1,000,000,000,000,000” poster... You do realize that the demand for US dollars in an order of magnitude higher than the supply right? Not to mention that RSR is literally burned at a high rate, built into the protocol. Getting in here is like getting into LINK at ICO, or better. I have LINK, PNK, LGCY, RSR and BTC. I only hope to have some of you bro’s on the yacht with me.
Great dose of hopium. My main concern is with the fartless beans though. Why is the main marketing guy working in a shitty little road side deli where they serve fartless bean soup? I sold half of my stack when this info started coming out.
John Ortiz
Newfags, this is an amateur fudder.
Ryan Fisher
Fartless beans and hipsters.
Ryan Lee
Dude, this shit is dead. Give it up. Your little scam couldn't even reach 5 cents per RSR token.
Jason Gray
I actually made a few of the fartless bean memes. Shitposting is fun and maybe I’m addicted after doing it to LINK since 2017
Hudson Rivera
I heard the same thing about Bitcoin at $200 and Link at $1.50
250,000,000 sold on Binance, 250,000,000 sold on Huobi. Who was it transferred to before the sale? What for? 2,000,000,000 left. This is probably a good measure of how much time you have left to accumulate.
He is implying that there are massive purchases for institutional or exchange liquidity. Many anons here will get left in the dust. This isn’t shilling, it’s just a fact.
Cameron Torres
RSR has 10 BILLION ERC-20 coins. If you think this isn't the top, I have an ICO to sell you.
Kleros fixes this.
Connor Nguyen
Have you no understanding of why it is a two coin system? The rsr token is used to stabilize the rsv. What mechanism do you think they will be using to keep it pegged to one dollar? The whitepaper is five minutes of your life. That's it. After you read it you can go right back to drooling on your shoes if that is how you want to spend your time.
Colton Lewis
>My main concern is with the fartless beans though. Literally the only thing i am concerned about as well.
1) Reserve burns an absurd amount of tokens with even minimal adoption. Come on user, if you hold Kleros you should be smart enough for this. 2) I hold about 100K PNK. It’s not mutually exclusive.
I agree it’s a huge issue. I made the original meme of the AP news Article actually. Inspect element is grossly underused in meme creation.
Jack Nguyen
Sup senpai. I made that bean can meme and a few others from the Big Moose Deli Yelp page. I also am the one who took the screenshot of the fartless beans in that original insomniac RSR thread. The best part? I never held this shit and never will. I just got tired of seeing this annoying logo every day being shilled. kek.
Jayden Russell
I shall include you in the stories I tell to my grandchildren, when they ask me about my long strange journey to crypto riches.
Parker Anderson
Man whoever found that shit Is a meme demon. That was some nuclear FUD. It's the only thing that's made my hands shake so far
Dylan Bennett
>fartless beans ahhahahahha. thank yo.u needed a good lol
Luke Young
It was pretty fucking good.
Brandon Williams
Was too late with LINK, but I'll join you on the RSR and LGCY yacht parties. Buying more of both with my 800 UNI.
Elijah Bennett
10 BILLION TOKENSS!!!!!!! HAHAHAHA.
DMG fixes this.
Joshua Lopez
lgcy redpill?
Connor Davis
fartless beans made me buy.
Carson Carter
I am planning to hold, but the fuds kinda deterred my plan to DCA-ing on the way down
Ethan Nguyen
I wish I'd sold the top, but only so I could buy back in on the way down. Been DCAing this whole time.
