Join us to learn about the challenges to building a cryptocurrency that can play the role of normal money.
Why This Matters: Until now, crypto has been a bubble of hype. If this new wave of cryptocurrencies work, we'll start to see price-stable cryptocurrencies gain real adoption for saving and spending money around the world.
Reserve is a decentralized digital currency that is designed to be used like normal money, and is funded by Coinbase, Peter Thiel, Sam Altman, and dozens of others. This concept is often referred to as a “stablecoin” in the crypto community, and it’s widely agreed that it’s essential for crypto to make the transition from a fun speculation game to a legitimately useful form of money. The protocol controls the supply of Reserve to keep the price stable relative to the US dollar.