An independent site devoted to the Kinesis monetary system
This is not my redemption experience (I’m keeping my KAG in Kinesis), but user TrustingHorse shared his redemption experience in this thread on Reddit this week. The summary: Fees: .45% (~$20) + $100 + $125 shipping. = ~$250 Calls to his local dealer indicated a $6 premium – $1,200 versus the $250 Kinesis charged. Premium … Read More “Kinesis Redemption Experience from Reddit” »
I’ve mentioned Sound Money a few times, and it’s one of the reasons I’m such a big supporter of Kinesis. But I’m not sure I’ve ever defined it. Money Basics In my first college economics class, we learned money has three roles: medium of exchange store of value unit of account The currencies we use … Read More “What is Sound Money, Anyway?” »
So Terra, a stablecoin, just did this: And now we’re seeing fluctuations in Tether. In a year when… BTC is down 38% Nasdaq is down 28% The S&P is down nearly 20% Inflation is reportedly at 8.5% in the US, but calculating the CPI as it was done in the 1980’s comes up with a … Read More “How about a stable-coin backed by hard assets?” »
