Hi CC fam.
It seems that Paul Atkins is now chosen to lead the SEC.
We don't know yet and will find out very soon how this will affect the cryptomarket for better or worse (I'm holding my beer here since before being SEC chair, Garry Gensler was also very much crypto supportive (and he turned villain since then).
Neverthelss, it seems that the upcoming SEC chair Paul Atkins was ball deep in cryptoverse. And today I learned that he used to be advisor of the Reserve Rights Foundation (I read the news here in case you are wondering what is this all about).
Apparently there's market FOMO (and may not end well) when a lot of people are pouring hard-earned money into RSR, the token of Reserve Rights Foundation. So I'm just curious if you know anything about this protocol and its token? It seems to be a platform to issue stablecoin. But I have no ideas how it actually works (and is it like Terra/Luna or so. The pain is still in my a** spitting these aweful words from my mouth).
Thanks in advance.