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Kinesis
#1
I talked about Kinesis in some other post.
At this very moment I am reviewing all a can find about Kinesis.
For what I have seen , read and heard till now, this one looks amazing.
I am realy considdering to invest.
I would urge all of you to watch their videos, starting with this one: https://www.youtube.com/watch?v=xeONDCVNa6s[/url]

Please comment.

My referral link: [url=https://kms.kinesis.money/signup?referrer=KM13451643]https://kms.kinesis.money/signup?referrer=KM13451643


https://icosbull.com/whitepapers/4306/Ki...epaper.pdf
What is this thing that builds our dreams, yet slips away from us?

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#2
I have used your referral link but have not invested yet (it takes EUR and USD but not GBP Sad )
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#3
(2019-09-24, 10:48 AM)BobBobert Wrote: I have used your referral link but have not invested yet (it takes EUR and USD but not GBP Sad )

I suppose they are waiting brexit Smile

Try to see the documentation you can find.
The  system is ingenious.
What is this thing that builds our dreams, yet slips away from us?

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#4
I'll give it a more in depth look later. For now, my crypto wallet is mostly Bitcoin (perhaps around 70%).
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#5
Okay. The video is too long for me to see. Could you sum up why this is great Hugues?

Cell.... I did the opposite. Turned away from Bitcoin...
Cardano is the most promising 3 gen. crypto right now.


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#6
(2019-09-24, 04:30 PM)Carsten Wrote: Okay. The video is too long for me to see. Could you sum up why this is great Hugues?

Cell.... I did the opposite. Turned away from Bitcoin...

https://youtu.be/Xo5V_A2NBSY?list=PLE1y8...Dn9Stm2gzu
What is this thing that builds our dreams, yet slips away from us?

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#7
Blockchain technology makes it easy to invest in gold online

Certain individuals are aware of the possible fall of traditional money, thus they have created a certain platform to make gold investment far easier and efficient. What they’ve done is to make gold run on the blockchain, making gold-backed assets available for everyone.

These are cryptocurrencies that have real gold counterpart kept in secured reserve, and have a 1-to-1 unit to a gold counterpart. All you need to do is to make your investment, for you to own units of gold-backed cryptos, which also means having real gold in official reserve.

Just like Kinesis, for instance, investing on 1 KAU means you can have 1gm of gold and investing on 1 KAG gives you 10gm of silver. You can opt to simply let Kinesis keep your precious metals, use KAG and KAU on your daily transactions, or claim your physical gold or silver from them.

Since gold has a stable value throughout the years, you can expect it to help cushion you in the event of a dollar crash. The availability of it in the blockchain results in a far more convenient way of using gold as a tool for value transactions.

To sum everything up, while fiat is taking the current economic control, gold-backed assets could help you secure a good future ahead. This makes it important to know about the monetary advantages of both, so you can maximise their value to your benefit.
What is this thing that builds our dreams, yet slips away from us?

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#8
But I do not see actual gold being held by them. And that is a worry. If I own 1kg of gold and "lend" you a gram, that is ok. And to save transport costs I keep hold of the 1kg and you do not need to worry about security either. But there is nothing stopping me from having a similar arrangement with say 1999 other people, so in effect I have loaned out 2kg even though I have only 1kg. As long as there is not a run on gold I can get away with this. There will be some wanting their actual gold but experience teaches me that it is say 5%, leaving me plenty of my original 1kg in place. But when that run comes, when the world economy crashes or has a major blip, then people will want gold and if 2000 come to my door wanting their 1g each then half of them will be disappointed. I cannot see how Kinesis can avoid this situation as they do not physically possess the gold.
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#9
(2019-09-25, 11:29 AM)BobBobert Wrote: But I do not see actual gold being held by them.  And that is a worry.  If I own 1kg of gold and "lend" you a gram, that is ok. And to save transport costs I keep hold of the 1kg and you do not need to worry about security either.  But there is nothing stopping me from having a similar arrangement with say 1999 other people, so in effect I have loaned out 2kg even though I have only 1kg.  As long as there is not a run on gold I can get away with this.  There will be some wanting their actual gold but experience teaches me that it is say 5%, leaving me plenty of my original 1kg in place.  But when that run comes, when the world economy crashes or has a major blip, then people will want gold and if 2000 come to my door wanting their 1g each then half of them will be disappointed.  I cannot see how Kinesis can avoid this situation as they do not physically possess the gold.

Yes they (in fact the customers) have the gold in possesion. In secured vaults.
What is this thing that builds our dreams, yet slips away from us?

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#10
I am cautious but hopeful about that. There is something about all the UK gold being held in London and USA gold in Fort Knox (I think) that worries me. I am sure it is as secure as anything really can be in these times but it is under the control of say the USA govt who cannot be trusted in a critical time of economic upheaval. So Kinesis have a secure vault that daily must be getting added to as people invest more and more into them?
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