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/biz/ - Business & Finance

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15534460 No.15534460 [Reply] [Original]

I don't get it, what gives RSR value if it can be minted and burned, rather than burn only like MKR?

>> No.15534463
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15534463

>>15534460
read the white paper retard

>> No.15534483

>>15534463
That's how I know it can be minted.
Adoption of RSV does not necessarily drive up the price.

>> No.15534506

>>15534460
> what gives RSR value
a bunch of retards that think this will ever have a working product and speculate on it
>minted and burned, rather than burn only
details don't even matter man, this shit won't be used by a single person, ever. it's the new /biz shitcoin retard trap, just like holochain half a year ago

>> No.15534533

>>15534506
literally this, still holding my shit bags none the less

>> No.15534570

>>15534483
Yes it does, there is a deflationary aspect that comes into play as more people use it. This is so inflation can be countered

>> No.15534717

>>15534506
Good FUD. Keep it up while I accumulate

>> No.15534737

>>15534717
topkek you're welcome newfriend

>> No.15535890

>>15534506
why do you think that?

>> No.15535943

>>15535890
just a recognition based on empirical data about literally every flavor of the month shitcoin that has ever been aggressively shilled on this board. if you think this could be the 0.5% that doesn't turn out an absolute failure, go for it. but i gotta say rsr reminds me a lot of holochain, it's probably the same community that moved on to rsr now. easily spotted by the cringe zoomer memes

>> No.15536134

>>15534460
It is only minted as a last resort when vault assets depreciate and demand for RSV is low. In a mass adoption scenario, when shit hits the fan demand for a stable coin would actually increase, so it would not matter if the vaults depreciate

>> No.15536153

>>15535943
>based on empirical data

I don't think you know what those words mean.