Ep 57 - Reserve Protocol, an alternative to stablecoin projects with Nevin Freeman

LAB Radio

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5+ y ago 36:16

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The Reserve Protocol

This story about a stablecoin project called the Reserve Protocol is far different from most stablecoin projects you've heard of. Reserve's approach is to solve one of humanity's greatest challenges by creating an ethical and stable currency without government control. Combatting corruption of governments or central banks while protecting against hyperinflation are just a few of the driving forces behind this project.

I really enjoyed speaking with Nevin Freeman, Cofounder and CEO of the Reserve Protocol. Specifically, what really drew me to this project were the positive things that I noticed about the brand. I don't remember the last time I saw a blockchain or crypto company with a whole webpage dedicate to ethics. Nevin and I get to connect over the inspiration and motivation to take on a project of this magnitude. We take a bit of a deep dive into his background growing up and his desire to solve problems for humans across the globe.

Reserve Ethics

Today there is a severe lack of transparency and trust in many of the world’s monetary systems. Hundreds of millions of people live in countries without stable currencies, resulting in dramatic losses of wealth. This inability to effectively protect savings prevents people from planning for the future and bettering themselves. The world needs a stable, global, digital currency that gives people autonomy and control of their money.

This is not your typical cryptocurrency company or ICO. This team has a huge vision and the resume to back it up. They have more investors listed on their website than they have employees. This is not a measure of future success, but what it shows is people love solving problems and money is one of them. I hope a stablecoin solution emerges soon. Enjoy the show.

Some of the things you'll learn in this episode:

When will the Reserve Protocol launch?

Who is their target market and audience?

What the is plan to penetrate these markets?

Would the Reserve Protocol been able to help with issues like the "US Government Shutdown"?

How does Quantitative Easing devalue your savings?

Can the use of a stablecoin protocol like Reserve really incentivize better ethical engagements?