RE:RE:RE:RE:RE:Gold Advances Because of...??Mineshack wrote: Signed-up and used BitGold when it premiered a few years ago. The debit card worked for a short while, then was suspended supposedly due to USG regulatory issues.
I read this on the Kinesis site:
In case you’re not familiar, all Kinesis users receive a KVT* for each $75,000 they mint, up until the KVT Minting Offer’s closure. There are up to 5,000 KVT available, at a full issue value of $1,400 per KVT, which makes for a total of $7,000,000 available.
*KVTs not available to non-accredited US investors TXRogers wrote: Mineshack wrote: Interesting. I wonder how well the prepaid VISA card works for U.S. American account holders. TXRogers wrote: I'm a fan of the Kinesis Money System. I believe the Kinesis KAG and KAU to be the best of the PM backed crypto currencies.
Ironically, the KVT velocity token is my largest Kinesis system holding. Not the actual PM tokens. In my opinion, investing in the system usage is more valuable than the PM tokens themselves.
I can only stomach Andrew Maguire in small doses. Easiest man in the world to interview. You simply ask him the time of day, and he doesn't shut up for almost an hour. It's easy to forget the original question posed.
But at least he's a PM enthusiast beyond reproach. If you manage to live long enough for him to explain the reasons why.
My tale from Inside the Vault is much more understandable.
Tx
Kinesis is actually a gold backed money system covertable to the $US dollar at any time. They are also launching a currency card that can be used world wide for purchases against your account holdings.
It's quite clever.
The dividend paying vehicles like KVT are the real sweet spot in my opinion. There are only 300,000 KVTs in existence.
Tx
Not sure about the US laws regarding KVTs. But non-accredited non-US investors can buy KVT to their heart's delight.
If you have a foreign (non US) passport, use that for account ID.
Tx