kinesis the new world money and monetary system that we all need

In this post we discuss what is wrong with money and the current monetary system. We also evaluate Kinesis as a new monetary system and Kinesis gold and silver backed tokens as the new form of crypto money.

We all need money to transact on a day to day basis. Save for the future or for a rainy day.
For most people money means fiat currencies like USD, GBP or a currency native to your country.You trust this currency as a store of value.
However this value erodes over time as currencies get devalued. This is inherent to the way money is printed by governments and managed by central banks.
The governments are at liberty to print as much currency that they want, the banks prompt you to borrow and spend. The whole process leads to devaluation of your money as the money you hold is not backed by an asset of value such as gold or silver.

An alternate arrangement emerged with the birth of cryptocurrencies. This is an alternate monetary system free from the control of governments and central banks.
Ideally this would be an excellent alternative as it is decentralized and free from the clutches of governments, however cryptocurrencies are highly volatile and this makes them unsuitable for use on a day to day basis. The volatility also discourages businesses from accepting them as a real alternative to fiat money.
For long precious metals like gold and silver have been used by people to store value. Here the people believe in hoarding there precious metals and not spend it.
Considering all these facts there is a need for a better and more efficient monetary system In this imperfect world.

Enter Kinesis

Kinesis is a blockchain based asset backed financial system that uses cryptocurrencies. It backs it own cryptocurrency with gold and silver giving it a value that does not erode with time nor does it fluctuate like other conventional cryptocurrencies.
In principle it is a lot like the old gold standard of money where money used to be backed by real value gold.It takes its principle one step forward using the blockchain technology to keep decentralized ledger or records creating a new age monetary system that is the need of the hour .
One can think of it as a cryptocurrency that is backed by gold and silver thus making it stable and volatility free .

• Free from government control and decentralized
• It creates an international fungible monetary system

What Kinesis plans to achieve

• Use a base cryptocurrency as a reserve currency that is immune to volatility.
  This provides stability to the system.

• The currency would act as a better storage of value than fiat currencies as it is not controlled by government and secondly gold and silver backing provide it stability.

• Banks are essentially controlled has influenced by government therefore they are never entirely free to think and act in the best influence of free economy. Kinesis monetary system would be self sufficient and eliminate
  the need of centralized banks.

• the new monetary system is backed by gold and silver which impart each token with the intrinsic value of Bullion associated with the precious metals. The system is designed to help you earn an yield by spending the gold and silver that tokens in the economy this circulation of money generates rewards or yields that is distributed among-st stakeholders who hold the tokens.

• the system generate a yield by spending and not by credit/borrowing as used to happen in the conventional financial systems.

The Kinesis tokens and coins

Kinesis is a grand project and to make something so unique and original work you need funds.

The KENESIS VELOCITY TOKEN
These are tokens that work on the onetime investment and lifetime yield principle.
KENESIS VELOCITY TOKEN or KVT's are one time investment opportunity that give you entry to the Kinesis monetary system entire revenue system for life.
KVT is a utility token and not asset based currency. Currently it is in the pre sale phase and it runs till September 10th.
The current discount on the sale of the kVT tokens is 2.5%

These are limited supply tokens with limit of three hundred thousand tokens in all.
Holding these tokens gives you 20% revenue share generated in the kinesis monetary system.
They offer benefits from capital gains.

The Other kind of tokens would be KAU and KAG
The KAU would be back by gold 995 purity and KAG would be backed by silver.
This way holding these tokens would be similar to holding bullion.
This monetary system generates an yield by way of movement of money. Thus spending is encouraged. They are a number of ways in which yield can be generated.
These are by bringing and gold and silver into the system.
Holding token, spending them and bringing in more users to the system.

The working of kinesis system

Since kinesis is a complete monetary system therefore it consists of following elements that make it work.

• KCX or the Kinesis currency exchange. This is like a wholesale market where the currency is minted with the help of ABX

• Kinesis Blockchain Network (KBN): This is the ground layer on which the token suite is built.

• Kinesis Blockchain Exchange (KBE): This is a digital exchange for trading tokens which represent physical assets.

• Kinesis Financial Network (KFN): This is like a mobile bank very similar in function to real Bank.
  Functions payments, deposits, remittances can be performed through this interface.

• Kinesis Commercial Centre (KCC): It lists those businesses which are part of the Kinesis system and except and trade with the KAU and KAG tokens.

VELOCITY-BASED YIELD SYSTEM

It works on the principle that movement of money is good. It generates yield based on this movement. Faster the movement greater is the yield and more people that are involved in this movement earn the yield.

Various ways generating and earning Yields

Minter Yield: People who bring in gold and silver into the primary market and spend it to generate tokens in return earn this yield for the life of the tokens.
Holders Yield: For the period you hold tokens you generate an yield.
Affiliate Yield: Bringing more users to the system to earn this yield.
Depositors Yield: Deposit money into the Kinesis wallet to earn this yield

##Summary
Kinesis is a new approach that aims to solve the problems associated with the monetary system as we know it today.

More Information & Resources:

• Kinesis.Money Website
• Kinesis.Money WhitePaper
• Kinesis.Money OnePager
• Kinesis.Money YouTube
• Kinesis.Money Telegram
• Kinesis.Money Linkedin
• Kinesis.Money Github
• Kinesis.Money Steemit
• Kinesis.Money Bitcointalk
• Kinesis.Money Medium
• Kinesis.Money Twitter

https://steemit.com/crypto/@originalworks/980-steem-sponsored-writing-contest-kinesis

twitter link: https://twitter.com/Taur19/status/1036711760022171654

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