/biz/ - Business & Finance

>>20208002
Coinbase + Paypal Made a Crypto

The Project is Reserve.org and the crypto to buy is "RSR". This is the biggest DeFi play in crypto happening right now and stands to be the most important project in crypto after Bitcoin.

Let me explain because most of you are lazy and a bit slow. Reserve is a truly decentralized stablecoin pegged at $1.00 and it's backed by government bonds, real estate, precious metal, etc, etc, anything other than the US dollar in order to replace it outright. I'll let you digest that for a moment and simply add this has never been done before. Tether, Dai, Coinbase dollar etc, they are all centralized, and backed by US dollars in a bank account. RSV (reserve dollar) is a truly decentralized store of value that's backed by so many things it's entirely recession/economy/government/JEW proof. The developers don't control it, coinbase doesn't control it, YOU govern it and maintain it's peg by holding RSR - the reserve rights token.

Every time RSV goes under $1 or over $1, you will arbitrage your RSR to profit and restore the peg back to $1.00. It's complicated, and I won't explain it all in this post. DYOR. The point is, this is a new approach that's going to set the standard for DeFi. Reserve is currently live in 4 countries and main net will drop this year. There are no developers or early investors that can dump on you. They are locked into a 6 month post main net unlock contract that signals the world any time a sell off can occur, and the best part is the CEO of reserve stated outright that non of them plan to dump anything, everyone will be arbitraging for the passive income and network proliferation.

Don't buy RSR because I said so. Buy it because Peter Thiel bought 400M tokens (his only crypto holding after dumping EOS last year after a nice 1000x