Post
Topic
Board Announcements (Altcoins)
Re: The Kinesis Monetary System
by
doedz
on 23/12/2018, 04:11:34 UTC
Kinesis is an amazing project and will be the future of money.
To help prepare for the next financial crisis and potential dollar collapse, Kinesis is a great option to consider to protect your wealth. I like the fact that it’s 1:1 fully allocated gold or silver, offers a good yield for using/holding, easy to spend and transact  using a Visa Debit card, no storage fees, and redeemable for gold delivery at any time.
 
And not to mention also that the KAU and KAG Kinesis currencies offer a very unique yield system. When KAU and KAG are transferred between holders the network collects a 0.45% fee that is then accumulated and distributed monthly, in varying proportions, as a passive return, to participants in the Kinesis Monetary System.
According to their official website, holders are entitled to the actual gold and silver bars that must be stored in some kind of vault. And When we buy the currency, we instantly purchase real gold or
silver.
This is secured in vaults around the world and free of charge. Your holding can even be transferred back to physical gold or silver.
You can choose to claim your precious metal right away or let it sit for a period of time. if you'd choose the latter as an investment, you can surely expect to have increased value later on.

How can be sure that the value of the investment will increase? What if the price of gold decreases?
Kinesis aims to bring price stability to the world of cryptocurrency and prevent the decrease of its value. https://cointelegraph.com/news/gold-based-monetary-system-to-bring-price-stability-to-crypto-preventing-value-decrease
For reasons already mentioned and referring to CoinTelegraph, then I can say that this KINESIS wants to create a stable but in digital form GOLD, so that it is easy to move than real gold which when carrying 1 kg to Australia will feel heavy. LOL

Hey KINESIS, you get a very good rival from DIGIX. LOL
https://coinmarketcap.com/currencies/digix-gold-token/