You are joking, are you serious? It just sounds like another stable digital currency, such as USDT.
RE: A digital currency to preserve wealth.
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A digital currency to preserve wealth.
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Tether owners do not own the dollars that back Tether. The gold that backs KAU tokens is owned by the KAU holders. On top of that, gold, unlike fiat, appreciates in the long run.
On the utility aspect, KAU is spendable at any point-of-sale system; since when can Tether do that?
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