The Good Tech Companies - Kiyosaki Sits Down With Kinesis To Discuss ‘The Evolution of Money’

Episode Date: May 13, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/kiyosaki-sits-down-with-kinesis-to-discuss-the-evolution-of-money. “My mom and dad had no idea,” says Kiyosaki. The everyday person can’t necessarily see the difference between “real money and fake money”. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #kinesis-money, #chainwire, #press-release, #kinesis-announcement, #wealth-creation, #bitcoin-vs-gold, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Kiyosaki sits down with Kinesis to discuss the evolution of money. By Chainwire, London, United Kingdom, May 13, 2024, Chainwire, asterisk asterisk Robert Kiyosaki, the renowned businessman and best-selling author of the educational series, Rich Dad Poor Dad, joins Andrew Maguire on this week's episode of Live from the Vault. This week, a precious metals commentary show hosted by their renowned London whistleblower takes viewers through the current economic landscape and explains how everyone can take steps to preserve their wealth. www.youtube.com slash embed slash dns5 hazijikuya i save gold and silver i don't save dollars

kiyosaki speaks on how everyday people are accustomed to spending and saving in centralized bank-issued fiat currency commonly referred to as paper money my mom and dad had no idea says kiyosaki the everyday person can't necessarily see the difference between real money and fake money, he continues. They hung on to paper again, their college degrees. People have been conditioned and programmed to take paper instead of the real stuff, which violates Gresham's law. Gresham's law states that when bad money enters a system, people hold on to good money, which sees valuable assets like gold and silver, exit the system. Kiyosaki explains how paper assets, such as dollars, pounds or yen are subject to large-scale currency devaluation due to central bank money printing. He contrasts saving in fiat and paper assets with the ownership of hard assets, such as real estate and precious metals.

Kiyosaki comments, I save gold and silver. I don't save dollars, an approach has taken since his time as an army pilot in Vietnam, which coincided with Nixon's closing of the gold window in 1971. BRICS Central Bank Gold Demand Discussing the BRICS Nations, Kiyosaki highlights a growing division between the East and the West, with Eastern nations like Russia and China accumulating gold to create a currency backed by the precious metal. The evolution of money The conversation concludes with an evaluation of the Kinesis ecosystem, a sustainable and fair monetary alternative, that has already proven its potential in helping users globally counter the impact of a fiat-based

economy. Kinesis Agald and silver-based currencies, KAU and KAG are backed by fully allocated, fully audited gold and silver, which is made universally spendable by card, through leveraging blockchain technology. Kiyosaki voices his enthusiasm about Kinesis' capacity to easily allocate a portfolio between gold and silver, spend on a debit card, and get paid every month through Kinesis' innovative yield system. He calls Kinesis a game-changer, deeming it, the evolution of money. This publication is for informational purposes only and is not intended to be a solicitation, offering a recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to

provide investment, tax or legal advice on either a general or specific basis. About Kinesis Money Kinesis is an end-to-end monetary system based one-to-one on physical gold and silver. Founded in 2017, Kinesis formed a strategic partnership with Allocated Bullion Exchange with Institutional Metals exchange trading globally for over a decade with 10 billion dollars traded since 2021 kinesis has driven rapid expansion on a global scale amassing a client base across 150 plus countries through robust vaulting infrastructure and innovative financial technology kinesis reintroduces gold and silver as money the platform enables citizens worldwide to protect

their wealth outside of the volatility of the traditional banking system. Contact Zubair Bukhari Kinesis MoneyZubair.Bukhari at Kinesis.Money. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this hackernoon story read by artificial intelligence visit hackernoon.com to read write learn and publish