Sound Money with Kinesis
A New Way to Manage Your Money with Gold and Silver
As part of Sprout Farms commitment to innovation, we are offering an alternative payment method by introducing Kinesis money. To this end, Kinesis Money and their KPay payment platform allows clients to pay with gold and silver and saves us processing fees. Please see our discount and rebate information further below.
Kinesis gold KAU and silver KAG reintroduces money backed via gold and silver akin to what we had until 1933 through gold certificates. By digitalising gold and silver, Kinesis allows users to save and spend using gold and silver, thereby creating an alternative to fiat money.
With Kinesis, your money is held in your name and can be redeemed into physical Gold and Silver at anytime, or spent using a Mastercard debit card. Plus, you earn monthly yields in Gold and Silver, simply for holding or spending.
In order to introduce customers to Kinesis, we are offering an ongoing 10% discount code for any product paid with KAU or KAG and a $5 rebate (paid into your Kinesis account in KAU or KAG) by signing up through this link and verifying your account.
Sound Money
Sound Money refers to a monetary system or currency that possesses certain fundamental characteristics aimed at promoting stability, trust and reliable value over time:
1) Stability: Sound money aims to provide a stable store of value in order to ensure that the purchasing power of the currency remains relatively constant
2) Fixed Standard: Sound money is typically anchored to a fixed standard like a commodity. Historically this has been gold or silver as it provides a tangible backing to maintain it抯 value and stability
3) Limited Supply: Sound money has a limited supply, meaning the creation of new units is controlled or constrained which prevents inflation.
4) Trust and Confidence: Sound money inspires trust and confidence because it is backed by a credible and transparent mechanism through an agreed-upon standard by people rather than artificially by law.
5) Market-Determined Value: Sound money allows free market forces of supply and demand to determine its value rather than arbitrary manipulation or devaluation by central authorities.
6) Portable and Universally Accepted: Sound money is transportable, divisible into smaller units and widely accepted as a medium of exchange by most cultures in the world.
