Make me understand How will the general public get

I'm not sure of the question. If I'm half right tho... 1) Would you, depending on your country, always trust the government with a stable coin? Would a decentralised one be a better bet? 2) If you are happy with government controlled coins, the custom R-Token platform may be a thing 3) even so, my interest in Reserve is in their offline adoption - no-one else is bringing a stable coin into the fiat world like this (although for me, a small risk I perceive is being leapfrogged)

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27.11.2021

Ton Автор вопроса

Smeddy-o | Reserve | will never DM
I'm not sure of the question. If I'm half right th...

Thanks for sharing your opinion. Seriously. Well, it is technical waste to move blockchain technology by fixing it to a simple currency value. After all, RSV is associated with the central government's issuance of money, and it is not a blockchain. Proving the value of RSR is a successful business using real blockchain technology.

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27.11.2021

Smeddy-o | Reserve | will never DM

Ton
Thanks for sharing your opinion. Seriously. Well...

You know when the housing crash happened in 2008? The real world pain it caused? The actual GDP of the world went down by all of 2% - the world economy generally balances where one's loss is another gain. If Reserve can keep on pegging RSV against the biggest basket of assets available (tokenised assets), then $1 becomes a symbolic number, not a USD pegged one. Along with on and off ramps, customer support etc, and tackling the hardest markets first. If .. *if* .. that all pays off, Reserve ends up far in front of potential competition. There's a good analogy in here somewhere around booking.com vs expedia. I'll see if I can look it up.

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27.11.2021

Rem $shit coin lover.

Smeddy-o | Reserve | will never DM
You know when the housing crash happened in 2008? ...

What is this biggest basket of assets? and what u mean by Tokenised assets??

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27.11.2021

Smeddy-o | Reserve | will never DM

Rem $shit coin lover.
What is this biggest basket of assets? and what u ...

Might save this for a team member or see if I can find a medium article, but Reserve aims to collaterise its stable coins to assets outside of the USD. Could be bonds, could be lumber, could be gold, silver, index funds, etc. Long term (long term, long term), if you are collaterised by a very wide variety of baskets, you are on a safe place

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27.11.2021

Smeddy-o | Reserve | will never DM · Accepted Answer

You know what you get in crypto a lot? Ponzis, where the price of the token is the product. In another chat I could list a few. Reserve is looking to be a stable currency for non-crypto people, protecting them from local economy crashes, hyperinflation, or even a change of government. Something that's not really been possible until arguably the birth of crypto. Reserve's "niche" is the one above: being a stable and collaterised currency where a $1 is still a $1 next year, next decade. By helping to stabilise it in times of need, that's where RSR receives its value, as the staking and insurance coin of a (hopefully) growing economy. It's a slow and steady game though. You have to launch something this ambitious step by step, and show legitimacy all the way.

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Make me understand How will the general public get

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