Financial Freedom

Everything that brings closer the idea of financial freedom, sound money, decentralised banking and emerging alternatives to the outdated banking system and fiat currency.

Read below articles about bespoke monetary solutions and sustainable, ethical ways of saving and investing your capital.

Learn more about the best ways of securing your portfolio, libertarian and decentralised alternative financial solutions, future investing and beyond. Join the future of money with Kinesis.

International payments - cheaper and faster

In the hands of the wrong provider, an international payment can be a slow and costly process. All too often, making an international transfer with banking or remittance providers means accepting a skewed exchange rate, high fees, and sluggish transaction times. However, businesses and individuals that choose to make an international payment with Kinesis save time and money. A cheaper way to transfer money internationally. High banking fees for an international payment The 3 largest UK banking providers charge transaction fees between 2% - 3% for an international payment of £1000*; excluding the transaction fee often charged by the recipient’s bank. High fees for remittance services Leading remittance providers charge fees that are often confusing and vary wildly country to country. However, transaction fees are typically set between 5% - 10%, although in some cases transaction fees are as high as 25%. When businesses or individuals send money abroad, leading remittance and banking providers intercept a significant percentage and profit unreasonably. Low fees with Kinesis remittance Kinesis has a low transaction fee of < 1% for international payments, significantly lower than banking services and other international payment providers. Kinesis charges a flat transaction fee of 0.45% Exchange Rate Markups When banking and international payment services exchange currencies for international transfers, they apply an exchange rate far higher than the mid-market exchange rate. Offering a higher exchange rate allows banking services and international payment businesses to keep the difference as profit. - Banking services markup the exchanges rate by 4% - 6%, on average- Leading remittance providers often markup exchange rates by 6% A large percentage of each international payment sent through banking and leading remittance services is diverted into the provider’s profits before the transaction fee is even applied. Avoid exchange rate marks ups with Kinesis When making an international transfer with Kinesis, there is no need to worry about an inflated exchange rate. With Kinesis, the international payment is made in Kinesis digital currencies and received in Kinesis digital currencies, without an exchange rate in sight. When the time comes to trade Kinesis digital currencies back into Fiat currency, the Kinesis Exchange scans markets to provide the best exchange rate available - with no markup. Only, as mentioned previously, a 0.22% conversion to convert between Fiat and Kinesis digital currencies. Curious about trading with Kinesis? Find out more about the Kinesis Exchange What’s the fastest way to make an international transfer? Sending an international transfer through many remittance services and banking providers can be a slow and frustrating process. Slow transaction times An international transaction can take anything from 1 - 4 working days to clear with traditional banking services.With leaders in the international payment business, transaction times vary from a few minutes to a few days. However, quicker transaction times often mean higher transaction fees for the customer. Instant processing times with Kinesis remittance An international transaction with Kinesis takes just 2 - 3 seconds. The time taken to transfer money internationally can make a big impact on our businesses and personal lives. Crawling transaction times could hold up an important business deal, or leave a loved one stuck without cash abroad. Instant transactions can have a huge impact on businesses' efficiency, and make things just that bit easier in our day-to-day lives. Let’s recap how Kinesis delivers cheaper, faster international payments.Low transaction fee - < 1%Avoid exchange rate markups - altogetherInstant settlement times - 2-3 seconds Whether it’s for a multinational business making payments to an overseas supplier or for a parent making a transfer to their teenager travelling abroad, Kinesis is a cheaper, faster way to send money internationally.

Zubair Bukhari
Zubair Bukhari

07/12/2020

Why is allocated gold and silver important to the investor?

When it comes to precious metals investment, it’s essential to make sure you are investing in allocated physical gold and silver bullion. Otherwise, all counterparty risk falls squarely on the investor, with potentially disastrous financial consequences. What’s the difference between unallocated and allocated gold? Allocated gold bullion or silver bullion is fully purchased and owned by the investor, stored in their name in a third party vault or bank. Unallocated gold or silver, however, is only credited to the investor, with the bank or dealer remaining the owner of the gold or silver. Unallocated gold In the case of unallocated gold and silver, rather than actually selling the precious metals to the investor, the bank owes the investor the gold or silver bullion, with the financial institution holding legal title of the precious metals stored in their vaults. On first glance, the low-cost, convenient storage a bank provides may seem like an attractive proposition to a new investor. However, unallocated precious metals comes with significant counterparty risk, as the financial institution includes the unallocated gold within its liquid reserve. If a bank runs into any financial trouble, such as a liquidity crisis or bank failure, they hold legal right to sell your unallocated gold or silver to pay their debts. To make things worse, bullion investments are not covered by state-underwritten deposit protection, so government bailouts will not cover your investment. In other words, your investment provides protection for the banks, with absolutely no protection given to you in return. Allocated gold Allocated physical gold bullion and silver bullion, on the other hand, is legally owned by the investor. In the event of financial insolvency, the investor can rest assured they will be able to access their physical gold and silver. Traditionally, the only downsides of allocated gold bullion and silver bullion were the expensive storage costs and often higher prices, compared to the typically free storage of unallocated gold. In some cases, banks charge as much as 1.5% annually for allocated gold or silver bullion storage. Kinesis fully allocated gold and silver Kinesis has eliminated storage fees from allocated physical gold and silver bullion storage. All storage costs are covered by a share of transaction fees charged across the Kinesis network, and Kinesis’ robust bullion vaulting network spanning eight countries. How expensive is unallocated gold? Today, the vast majority of trades conducted every day are made with unallocated gold or silver, such as Gold ETFs and Silver ETFs. Gold or Silver ETFs, or an exchange-traded fund, are trusts that own physical gold or silver and sell shares that track and reflect the price of gold or silver. However, the investor does not own the precious metals and at no point can they redeem the physical gold or silver bullion. The price of unallocated gold and silver, known as the “spot price”, is commonly quoted by gold and silver dealers. As allocated gold and silver bullion is expensive to store, the “spot price” is typically lower than the price of allocated gold and silver bullion. For expert insight into the gold and silver markets from precious metals expert Andrew Maguire have a watch of episode 13 of Kinesis’ fortnightly Youtube show Talking Gold here. The price of Kinesis gold and silver digital currencies In a historic moment in precious metals investment, Kinesis is offering allocated gold and silver bullion, with chargeless storage, at a price competitive with the “spot price” for unallocated metals. In recent weeks, the price of Kinesis’ gold bullion and silver bullion has regularly dropped lower than the “spot price”. See the spreads on our gold (KAU) and silver (KAG) on the Kinesis Exchange here How can allocated gold bullion be cheaper than unallocated gold? Kinesis’ low prices for allocated physical gold and silver bullion are a result of a process called minting. Minting allows Kinesis users to create their own Kinesis gold and silver bullion based digital currencies, KAU and KAG. Minting drives down the price of gold and silver bullion in the Kinesis Exchange, through reducing the cost of liquidity and tightening spreads. Find out more about minting with Kinesis here. We recently successfully passed our first of many bi-annual audits, which reassures Kinesis users that every last gram of physical gold and silver, behind Kinesis digital currencies, is stored safely within the Kinesis bullion vaulting system. Read up on the results of our latest audit here. In the past, investors accepted the risk of unallocated gold and silver investment, due to the cheaper price and absence of storage fees. In an industry first, Kinesis offers allocated physical gold bullion and silver bullion investment at a price competitive with unallocated gold or silver, with no counterparty risk and no storage costs. A low-cost, allocated physical gold and silver bullion storage solution, with accessibility and value never before seen in the precious metals investment space.

Zubair Bukhari
Zubair Bukhari

15/06/2020

5 ways Kinesis technology can increase business revenue

The integration of Kinesis technology has huge potential to increase business revenue and efficiency for companies of all sizes, across all sectors. Kinesis technology opens a company up to a series of unique, profitable revenue streams. As well as providing the security of holding company capital in the stable value of physical gold and silver, in the form of Kinesis gold bullion and silver bullion-backed digital currencies. 1. Mint and earn with Kinesis gold and silver digital currencies Minting is the profitable process of creating your own Kinesis gold and silver bullion-backed digital currencies, which has the capability of unlocking a new, recurring form of business revenue with unlimited earning potential for companies. How does it all work? All company capital minted into Kinesis digital gold and silver bullion-backed currencies, which is then transacted through the Kinesis system, earns a business a yield of gold bullion or silver bullion - for life. We call this the Minters Yield. Kinesis technology calculates the Minters Yield from a proportionate 5% share of global transaction fees, across the Kinesis network. How would this work for my business? 1. All company capital allocated for operating costs, such as wages, rent, utilities and materials, can be minted into Kinesis digital gold bullion and silver bullion-backed currencies.2. Next, a business uses that minted currency to make their routine payments through Kinesis payment technology.3. In this way, a business will earn a monthly yield, based on our global fee revenue, paid in Kinesis gold and silver bullion-based currencies on that minted currency, forever. Minting the company capital for day-to-day operating costs can significantly increase business revenue. Find out more about the 5 profitable yields unique to the Kinesis system here. 2. Create additional revenue from holding company capital in Kinesis gold and silver In a breakthrough in capital management, Kinesis technology allows a business to enhance business revenue with a passive yield on company capital. At the same time, protecting company capital from market volatility in the stable value of gold bullion and silver bullion. How can I increase my business revenue? Simply holding company capital in Kinesis gold bullion (KAU) and silver bullion (KAG) backed digital currencies, qualifies a business for another profitable yield - the Holders Yield. With the Holders Yield, a proportionate share of 15% of global transaction fees across the Kinesis network are deposited into your Kinesis account in physical gold or physical silver monthly, for as long as you hold your Kinesis digital currencies. Why should I store company capital in physical gold or silver? Gold remains the best-performing asset class of the 21st century, according to a recent analysis by Atlantic House Fund Management. Storing company capital in the stable value of physical gold bullion or silver bullion helps to shield company capital from the unpredictable fluctuations of Fiat markets. What’s more, Kinesis digital currencies enable a business to store company capital in physical gold and silver with no storage fees - ever. An industry first, made possible by allocating a percentage of Kinesis yields, coupled with our strong vaulting network. How can I access my gold bullion or silver bullion? All the while, a business maintains complete access to their physical gold and physical silver, through multiple, convenient access points: Simply, convert your physical gold or silver back into your currency via the Kinesis Exchange, and withdraw into your business bank account.Kinesis Debit Card - Spend Kinesis gold and silver-based digital currencies, anywhere in the world.Redeem your physical bullion directly (subject to minimum withdrawal requirements, charges apply) 3. Running a Business Payroll with Kinesis Operating payroll through Kinesis payment technology can diversify and increase business revenue. Kinesis introduces revenue streams in areas a traditional capital management approach would regard only as operating costs. As payroll is normally the largest of all operating costs, accessing the earning potential of the Holders Yield and Minters Yield, at scale, presents a considerable business revenue generation opportunity. Step 1: A business can access the Holders Yield by storing the company capital reserved for staff wages for a period of one month. Step 2: In distributing wage payments to all staff through Kinesis, the company activates the Minters Yield, on all company capital sent as wages. Step 3: For the purpose of payroll, a business would refer all staff members into the Kinesis system - this entitles the company to what is known as the Referrers Yield. The Referrers Yield entitles a business to a 7.5% share of each referred staff member’s transaction fees for life. So, a business earns a 7.5% share of: 0.22% fee every time an employee uploads funds onto a debit card.0.45% fee every time an employee sends funds with Kinesis. 4. Introducing Customers to Kinesis Introducing a business’ customer base into the Kinesis system is also a great opportunity to access the Referrers yield. Increasing business revenue, through the total revenue of a 7.5% share of all customer transaction fees. Every time a customer sends a payment or uploads funds onto their debit card, your business receives a 7.5% share of the fees, paid in physical gold or silver. 5. Onboarding Businesses to Kinesis Another profitable avenue to access the monthly revenue of the Referrers Yield, is onboarding suppliers and partnering firms into the Kinesis system.Signing up a fellow business could increase business revenue for your company considerably, entitling your business to 7.5% of every single payment of that referred business. Adopting Kinesis payment technology to manage day-to-day operating costs, gives businesses an opportunity to access Kinesis yields and increase business revenue, through unique revenue streams native to the Kinesis monetary system. Find out more here.

Sam Briggs
Sam Briggs

01/05/2020

The importance of allocated gold bullion: the case of ABN AMRO

The ABN AMRO bank has abruptly closed all weight accounts for platinum, gold and silver bullion, leaving 2000 stunned precious metals investors with little more than thin air, where their physical gold bullion, silver bullion and platinum investment once was. The regrettable case of the Dutch bank reaffirms the absolute necessity of fully audited, allocated gold and silver to ensure verified bullion in physical gold or silver investment. The Dutch bank, ABN AMRO, presented customers with a short notice ultimatum: sell the platinum, gold bullion and silver bullion in your account before April 1st or the financial institution will sell it for you, with no guarantee of sourcing a fair price for the gold bullion or other precious metals. The unfortunate, if predictable, circumstances ABN AMRO customers are facing is a cautionary example of the counterparty risk investors, often unknowingly, accept with any investment in unallocated physical gold and silver. So, what happened at ABN AMRO? In 2013, the ABN AMRO weight accounts were transferred to another custodian. As UBS took over from Deutsche bank as the custodian of the gold and silver bullion, investors were informed by letter that their platinum, silver and gold bullion investment would be handled in a ‘different way’. The letter included a statement that, in so many words, customers could no longer redeem gold bullion, silver bullion or platinum. At the time, gold market analyst, Jaco Shipper, read the counterparty risk between the lines of the Dutch Bank’s hushed announcement. Shipper observed that although “ABN Amro denominates this account in terms of weight that is valued in euro, clients can never withdraw precious metals, so this denomination is entirely meaningless.” The financial institution held no allocated gold or silver bullion, Shipper labelled the precious metals “un-unallocated,” as “the invested funds may be anywhere and likewise the gold.” The Counterparty Risk According to the financial analyst, customers of the Dutch Bank invest in “any upside price potential of precious metals and whereby they take on all sorts of financial counterparty risks without hedging anything at all.” Shipper foresaw the possibility of a forced sell-off risk, commenting that “nobody can be held liable if these risks materialize.” When that risk did materialise, all counterparty risk of the investment landed square on the investors. Resulting in the forced sell-off of the, formerly, physical gold, silver and platinum by the end of the calendar month. What can we learn from the case of ABN AMRO? A harsh investment lesson for the ABN AMRO customers affected, serves as an important reminder for the rest of us: if a financial institution holds no allocated gold or silver, and the customer cannot redeem gold or silver, and it is the investor who takes on all counterparty risk and, ultimately, pays the price. Let’s look at the difference between Kinesis and ABN AMRO gold and silver bullion investment. Both Kinesis gold bullion and silver bullion are a fully audited, fully allocated gold and silver bullion investment, with the legal title remaining with the holder at all times. The result: almost no counterparty risk. Why is Fully Allocated Gold and Silver Important? If an investor can no longer redeem gold and silver bullion, the bullion investment becomes entirely notional, as they have no legal title to any physical gold bullion or physical silver bullion. As we can observe with ABN AMRO, without legal title, all counterparty risk is left with the investor, with potentially disastrous financial consequences. A fully allocated gold or silver investment is in tangible, physical gold bullion and silver bullion stored in secure bullion vaulting, with legal title remaining with the holder, minimising counterparty risk. Kinesis Fully Allocated Gold and Silver Investment Fully allocated physical gold bullion and physical silver bullion stored securely in the Kinesis bullion vaulting system, underpins all of the Kinesis digital currencies in circulation. As the legal title remains with the holder at all times, Kinesis has all but eliminated the counterparty risk that could lead to the calamitous situation at the Dutch bank. Fully Redeemable Gold and Silver Bullion Kinesis users can redeem gold bullion and silver bullion at any time. The physical gold and silver underpinning our digital gold and silver bullion based currencies can be delivered to our customers, upon request. *subject to minimum withdrawal requirements. Why are audits important? Audits provide investors with the peace of mind that the exact quantity of physical gold and silver is stored safely in secure bullion vaulting, as the financial institution managing the investment states. In the absence of fully audited gold and silver precious metals, customers are left in the dark about the quantity, quality and, as we have seen with ABN AMRO, even the existence of their physical gold and silver. Kinesis Fully Audited Gold And Silver Bullion All physical gold bullion and silver bullion, underpinning Kinesis digital currencies is fully audited by a global physical commodity audit and inspection specialist, Inspectorate International. Bi-annual third-party audits reassure Kinesis users that every last gram of physical gold and silver, behind Kinesis digital currencies, is stored safely within the Kinesis bullion vaulting system. We recently successfully passed our first of many bi-annual audits. Read up on the results here. Conclusion ABN AMRO customers are not the first to suffer the financial consequences of the counterparty risk that comes with unallocated, unredeemable and unverified gold and silver bullion investment; and they won’t be the last. Kinesis redeemable, fully audited and allocated gold and silver bullion investment has been designed with every possible precaution to prevent Kinesis users from experiencing the distressing events that took place at ABN AMRO.

Zubair Bukhari
Zubair Bukhari

14/04/2020

The financial impact of Coronavirus (COVID-19) shows the advantage of gold bullion based digital currencies

The COVID-19 pandemic continues to wreak havoc across the global economy, collapsing crypto and stock market value without discrimination. Wall Street experienced its worst single day of trading since the 1987 crash, while the Ethereum and Bitcoin price were each slashed by around 50% - but what can we learn from such a black swan event? With investors the world over scrambling for a stable source of value, the recent economic turmoil has shone a light on the advantages of stable gold bullion based digital currency. Throughout this period of hectic trading, Kinesis digital currency has maintained price stability, through a 1:1 allocation with the timeless value of physical gold bullion. Yet again, the price of gold has proved its resilience in a period of great economic turbulence. While no market escaped the disastrous and far-reaching economic impact of the coronavirus pandemic, the gold price rebounded quickly. Let’s take a quick look at how the COVID-19 pandemic affected the stock market, the crypto markets and the gold market. Coronavirus Percentage Impact on Market(02/03/2020 - 26/03/2020) Bitcoin (BTC) -26.2% Ethereum (ETH) -39.06% Dow Jones (DJIA) -21.36% Standard & Poor's 500 -16.36% Gold (XAU) -0.60% https://www.coindesk.com/price https://www.kitco.com/charts/livegold.html Despite the gold market experiencing a dip due to a widespread lack of liquidity, the gold price (XAU) has now near completely stabilised. Whereas the financial impact of the coronavirus can still be seen in severe losses in the Dow Jones (DJIA) (-21.36%) and the Standard & Poor's 500 Index (S&P) (-16.36%) or in the Ethereum (ETH) (- 39.06%) and the Bitcoin (BTC) price (-26.2%). The strong response of the gold price to the coronavirus market crash cements Kinesis gold bullion based digital currency as an attractive proposition for all investors, whether searching for a short-term transfer of value or a stable, long-term investment. Even a glance at gold price history reveals why gold and silver bars are considered safe investments for the long term. The gold price continues to withstand the greatest economic challenges history presents, as gold price history seems to repeat itself. The innovative technology behind Kinesis gold bullion based digital currency makes accessing the stable value of gold bullion easier, cheaper and more profitable than ever before. But - why buy gold bullion through Kinesis digital currencies? Spend physical gold bullion: The Kinesis debit card allows you to spend gold bullion, how you would any other currency. Free storage of gold bullion: Access the value of gold bullion without paying storage fees - ever. Earn a yield: Receive a unique monthly yield on gold bullion based on a proportionate share of global transactions fees. Redeemability: Redeem the gold bullion underlying your Kinesis digital currency at any time. Liquidity: Access your gold bullion in seconds through our exchange, debit card or payments services. Fully Audited: All gold bullion is audited by a third party inspectorate. In these unprecedented economic times, all markets have been tested. While the coronavirus pandemic has exposed a concerning fragility across the economic system, with cracks appearing in every market; Kinesis digital gold bullion based currency has displayed true economic resilience. Kinesis digital currencies provide investors with a simple exit strategy from turbulent crypto and fiat markets, or an ideal long-term investment that prioritises stability over volatility. Kinesis digital currency offers all the benefits of a crypto currency, with none of the risk of traditional cryptocurrency, such as Bitcoin or Ethereum. Send Kinesis gold-based digital currency globally in seconds. Experience total accountability of all transactions on the blockchain. Decentralised system. Privacy. Scalability.

Zubair Bukhari
Zubair Bukhari

06/04/2020

Why digital gold and silver.

The problem with money is that it used to be backed by the gold standard. Gold, one of the safest and most reliable stores of value the world has ever known. After the abolishment of the gold standard in 1971 all money printed, lacked tangible value, leading to a tremendous amount of fiat money being printed, which in turn has lead to a devaluation of the dollar and a correlated increase in public debt; creating the modern banking system we have today. Trapped in perpetual debt and with inflation and debt eroding the value of your money. Central banks’ demand for gold soared to a multi-decade high of 651 tonnes in 2018. - According to the World Gold Council Defeating Gresham’s Law A fundamental economic principle, known as Gresham’s law, has been a big problem facing the adoption of gold as ausable currency. Gresham’s law states that bad money will drive out good money, which can be illustrated using gold and paper currency asan example. Because the perceived value and nature of gold is seen as good money, people will be incentivised to hold it and save itas it is a safe and stable store of value, and spend their less valued paper currency instead. Digitalising gold and incentivising its use with a fee-sharing yield system that rewards users for their participationby distributing the wealth of the system, defeats Gresham's law and drives mass adoption. The inflation problem When the total currency supply in an economy increases too rapidly, the value of the currency often decreases. Thisoften is a result of central banks printing more of that currency, diluting the supply. With worldwide debt increasing at an alarming rate, the amount of new money created by financial institutions is onlyadding to the inflation crisis. Hyperinflation When situations get really bad, in many instances throughout history we have seen scenarios of hyperinflation, veryhigh, rapid, and continuous inflation. In a hyperinflation situation, the prices of goods and services in an economyquickly rise to a level so high that they become difficult, if not impossible to afford for most people. Hyperinflationary episodes have occurred multiple times over the past century - 55, to be exact - as the world's nationshave experimented with fiat currencies backed by the full faith and credit of the governments that issue them. On more than one occasion, that full faith and credit has been misplaced - and holders of unstable currencies have beenleft empty-handed in countries all over the world. Financial crisis With the current volatility experienced by currencies around the world as a result of political uncertainty and rigidbanking infrastructure, many are returning to the safe haven. During periods of a financial crisis, gold prices tend toskyrocket as a result of the instability. Stable store of value In the 1950s the average price for an ounce of gold was $40.25, equally a high-grade suit would cost you between$40-$45. Fast forward to 2019 and the price of an ounce of gold (as of August) is around $1490, coincidentally, if youwere to buy a suit of equal quality it would cost you around the same today. Now let's imagine that you held on to that $40 you had in 1950, all the way up until 2019. That $40 now no longer hasthe same spending power it once did, and wouldn't purchase you the same quality suit. This is called currency depreciation and is a byproduct of inflation. Whereas the ounce of gold (being a stable store ofvalue) has retained its spending power, and thus its value. What are the benefits of gold? Gold has maintained its purchasing power for thousands of years. Gold cannot be created byindividuals or institutions. Gold is one of the most reliable and durable assets and will still be here for thousands ofyears to come. The value of gold is universally accepted by everyone at any time. Gold is held inindependent, secure and insured vaults, protecting you from systemic risks and financial crises. Holding your savings in gold offers protection to inflation. Your gold holds its value yearafter year. The Kinesis solution We have addressed the five problems above by: Allowing as little as 1 gram and 1 ounce units to be purchased on the exchange. Eliminating precious metal storage fees. Digitalising your metals to allow micropayments. Send gold and silver anywhere in the world in 2 seconds. Be rewarded monthly, through fee-sharing yield structures. The return of gold in modern commerce With the tokenization of physical precious metals and the addition of a velocity-based yield, Kinesis currencies combinethe best of both precious metals and blockchain technology. With the customer, reaping the reward of a continuous streamof passive income. We felt it was unfair that money is prone to depreciation in ways we have no control over. We believe the ready-madesolution has existed for thousands of years; it just hasn’t had the advantage of technology to allow it to be used inmodern life – that solution is gold. We built Kinesis to reintroduce gold as money, as a global currency that can be used in today’s electronic paymentsworld and be spent via debit card. By uniting tried and tested gold and silver with the latest innovations inDistributed Ledger Technology (DLT) to register ownership of physical bullion in digital form, giving the user the bestof both worlds. Kinesis currencies are representative of real physical gold and silver bullion, stored for free in fortified vaults allaround the world, on a 1:1 allocation. Eliminating counterparty risk and ensuring your precious metals retain theirvalue, year after year.

Zubair Bukhari
Zubair Bukhari

10/02/2020