RESERVE (RSV): EXECUTIVE SUMMARY
Added 2020-12-11 15:01:01 +0000 UTCHi CryptoViewing family,
Here is a summary of RESERVE (RSV) by our tech genius Phil:
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This week the team were tasked with looking at Reserve, a dual token system designed to establish a stablecoin for areas of the world such as Argentina, Columbia, and Venezuela, where there is a high inflation in the local markets.
RSV is a stablecoin, and RSR is a token designed to keep RSV stable. There’s a staggering amount of backing for this project especially with close links to Paypal - Peter Theil is helping to fund this one. With these tokens, we’re looking for the best stablecoin options in the future where we may need to move our funds so that they are safe and/or keep value.
For this target, Daz got a strange affinity with it multiple times, Dick drew a crazy picture about “the Lion and the Lamb”, got old money and well funded, and Edward got strong indicators that this will do very well in 2026 and beyond. In general, the viewers felt positive about this and the chart (remember one part stable, the other half not).
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All the best,
Tiffany
