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written by reader Kinesis money

By Anonymous Questions, October 9, 2018

Travis,

Have you seen Kinesis.money? They claim to be the future of money and offer gold with a yield? Any thoughts?

Thanks for all your great work.

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Chad
Chad
3 years ago

I have read Kinesis’s Blueprint at Kinesis.money. The advantage I see is that while there are a lot of gold backed crypto’s, Kinesis offers a fully allocated 1:1 physical gold digital coin securely on the Blockchain and provides a competitive yield. No storage fees and you can take delivery of your gold anytime. The investment opportunity is purchasing the KVT token which gives you a percentage share of the Kinesis Currency transactions fees in the form of a monthly yield. I understand Kinesis plans to launch the currency in November and will have an e-wallet and VISA debit card in th future to allow spending of the Kinesis Currency (gold or silver Kinesis coins ). With all the failing fiat currencies in history, to me this looks like a goood stable money alternative to potentially use.

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