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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21510081 No.21510081 [Reply] [Original]

Reserve is pegged to the US dollar for 5 years.

The US dollar is likely to crash, probably this year.

And yet, here you are /biz/, fomoing into another unsustainable pump and dump, you degenerate gamblers.

Don't say I didn't warn you.

>> No.21510118
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21510118

im alredy all in

>> No.21510130

>>21510081
I know. Luckily, I'm buying RSR and not RSV.

>> No.21510179

>>21510081
Went all in 4 weeks ago fren and I'M STILL BUYIN STILL WINNIN STILL GETTIN HEADSHOTS BOOM HEADSHOT

>> No.21510185

>>21510081
The US economy is totally fucked to the point that they're at risk of losing their status as the world reserve currency which would be devastating

>> No.21510197

>>21510081
Just sold my suicide stack. Thanks OP

>> No.21510199

They can always change what currency there pegged to.

>> No.21510206

>>21510081
>"I never read the whitepaper," the post.
mmmk

>> No.21510222

>>21510199
Not for 5 years which might be too late

>> No.21510229

>>21510130
If RSV is worth nothing, no one is going to use it, and RSR is pointless, retard.

>> No.21510247

this is the dumbest fud i have ever read.

>> No.21510257

>>21510081
Lol you missed link, and now you missed rsr

>> No.21510363

>>21510081
And why would holding a stable coin based on a dying currncy be a good idea? Ever heard of exchange rates?

>> No.21510398

>>21510081
Reserve pegs to A fiat currency, not necessarily the dollar. Assets using off-chain
foreign collateral that has been tokenized. And creates a stable coin that scales with supply and demand.
The currency is pointless as fuck. They just use it as their initial gauge.