What is the Kineses monetary system?

We all utilize or come across blockchain and cryptocurrencies at some time in our life due to how pervasive they have grown.

Or perhaps it stemmed from the time we heard about a person who spent 10,000 bitcoins on two pizzas or when we were astonished by and bought into an exchange rate of more than $50,000 per coin. Following that, both recent occurrences—the FTX concerns that sent many traders into a panic as well as associated sentiment and regulatory problems that beset the industry—shook us.

My first experience was with bitcoin in its early days, when it went from $1 to $1000 and back down to $200. I had no idea what was happening, but I knew this technology could change the world and that it is here and to stay!

The crypto space has matured to some extent and is now filled with many projects with real-world use cases and solved many of the problems that existed in the early days. I believe the cryptos' future is bright and will be here for a long time!

From my experience, cryptos suffer from a lack of intrinsic value. This can make them volatile and risky investments—which is why many people who have tried to invest in this new technology haven’t been left with much money!

It doesn't have to be that way, according to Kinesis! Kinesis money is an alternative monetary system that I wish to share with you. This virtual money is backed in a 1:1 ratio by genuine gold and silver. Every coin in use has a certain allotment of precious metals in the vault that it bears ownership with.

A monetary system that can offer the cross-border efficiency, technological transparency, and real-world applications of fiat currencies—all while eradicating inherited crypto volatility—without being subject to inflation or devaluation.

In addition, Gresham's law must be solved before any alternative monitor system can be referred to as an alternative. Gresham's law, which can be summed up as "bad money drives out good," When Sir Thomas Gresham understood that people would prefer to use money with intrinsic value over a piece of paper or a coin that had no value but was used as legal tender in 1558, he first proposed it.

Kinesis has created a yield system that actively compensates users who mint, participate in an exchange, or keep their money in the form of Gold and Silver. The yield is produced by exchange transaction fees and is debt-free. The advantages of using Kinesis and the financial system expand as more individuals do, and vice versa.

Kinesis is pleased to use blockchain technology to bring gold, the oldest and most reliable store of value in human history, into the current day.

Provide a transparent, equitable, and equal monetary system!

Visit the Kinesis website, sign up for an account, or get in touch with me for more information if you want to learn more.