If you frequent Reserve’s socials you will see many mentions of changing the world. This particular tweet asking, “We will change the world. Are you coming with us?”
How can a stablecoin cryptocurrency have a positive impact on the world? And more importantly how does Reserve plan to change the world?
(From the Reserve website) You may not know that billions of people around the world do not have a safe place to store their money. Banks in some countries can’t be trusted and some government inflate their own currency for a variety of reasons, few that are good for the citizens.
A stable coin that always represents $1 dollar worth of value, would allow citizens to store their value in RSV only off-ramping it when needing it, thus preserving their value in an inflationary environment. Doing this on the blockchain ensures that no entity can shut down this process.