Post
Topic
Board Announcements (Altcoins)
Re: The Kinesis Monetary System
by
themanager101
on 26/11/2018, 04:32:10 UTC
Did you know:-
•  Title to your allocated gold is with the Kinesis user at all times
•  When you give money to the bank you lose title and incur a counter party risk, bail ins.
•  Crypto exchanges hold title which is why they attract hackers and your coins can get stolen.
•  Blockchain is transparent
•  Gold Money is a centralised platform whereas Kinesis is decentralised
•  None offers a complete  money system
•  Only Kinesis solves Gresham Law by giving an incentive to use gold by paying a reward in perpetuity.



A good trivia for the project, It is easier to understand this way to minimize the time reading of the white paper.