EVERYTHING YOU NEED TO KNOW ABOUT $RSR / $RSV THREAD:

Why number go up? How is $RSV related? How does arbitrage work? What the heck is it in the first place? Why $RSV better than other stable coins?

All of this and more answered in the thread below:

Here's why it pump:
- CoinBase is sole equity investor
- Superstar core investment team, literally the most successful in the world
- It's the solution to the world's biggest problem, hyperinflation, right as corona wrecks countries with savage hyperinflation

- After mainnet we will get auto-arbitrage gains just from holding
- RSR supply will burn
- Led by Nevin, the most clear Level 5 Leader I've ever witnessed
- Adoption in 3rd world countries is going WILD with NO marketing spend... yet

- Heavy ties with PayPal, it will be listed there
- It's one of the only cryptos with a growth engine that's unrelated to the rest of the crypto market. - Number go up even in bear market bc of growth engine

Here's how growth engine work even in bear market:
1. 3rd world countries adopt RSV (they wont even know its crypto)
2. That triggers massive arbitrage gains for RSR holders
3. That triggers RSR burn
4. That triggers more RSR investment from outsiders bc WOW!!

5. Reserve team makes the most profit from arbing bc they own 55% of RSR
6. They spend that profit on marketing in more countries
7. Repeat

Here's how auto-arbitrage will work:

RSR number fluctuates so RSV number can stay at $1

Soon you will be able to put your RSR into the Reserve app. When RSV is selling on an exchange for $0.95, the app will automatically spend your RSR to buy it and sell it back to...

the smart contract for $1. RSR holders split the 5 cent profit. This continues until it forces the price on the exchange to go back to $1.

Same things happens in reverse when RSV is selling for above $1 on an exchange.

Basically any rise or drop in the demand for RSV makes RSR holders money. we profit from the volatility automatically


All of this will + RSR burn will start when mainnet launches. Q4 2020 to Q1 2021 is the most likely. But totally depends on RSV adoption. It happening fast tho

Here's why is $RSV better than other stable coins:

The US Dollar used to be backed by gold. $1 was always redeemable for $1 of real gold.

RSV uses the same concept, but better. Instead of gold, RSV will be backed by tokenized assets from all over the globe that are uncorrelated

RSV puts all these assets into a 'basket' so that RSV is always backed by real assets. (Ex. tokenized bank bonds from Germany, tokenized platinum from Japan, tokenized US debt, and so on)

If one item in the basket tanks, it's pulled out and replaced by another.

So at the end of the day - RSV is always backed by safe collateral.

Unlike the US Dollar, Tether, ect.

Here's what I know about self-governance:

Self-governance will someday allow the basket of RSV assets to be governed in a decentralized way. Making it totally BRRRRR proof.

- There is rumor that there will be staking involved in this process (on top of arbitrage) but not sure.

- When self-governance is activated someday fairly far down the road, the assets in the RSV basket will be autonomously added and removed from the basket.

Here's what I know about the long-term plans (If you hold this long you have achieved generational wealth)

- Someday $RSV will unpeg from the US dollar
- RSV will be worth an average of the global economy (aka what's in the RSV basket)

- We are starting with 3rd world countries bc they need a safe place to save money more than anyone else, but eventually RSV will work it's way into first world countries
- Reserve team plans to work with the US Fed, tokenizing assets for them, this is our foot in the door...

for true replacement of the US dollar and other major currencies.

The end goal is to become the world's first global currency. Fully scale-able with demand. Fully functional even in the worst economic conditions.

The end goal is to separate currency and government. Why is that important?

Separating currency and state will allow $RSR / $RSV to be an upgrade to the basic human operating system. Empires will be able to rise and fall without ever disrupting the economies underneath.

and THAT is why I'm all in $RSR.

Never sell, frens.