KaratGold Coin (KBC) Is Digitizing Gold…For Real This Time

Gold is defiantly old school. This earliest form of money is extracted from the ground, hoarded away by misers, and traded for swords and armor (in video games). Since the dawn of Bitcoin, there has been plenty of ink spilled about “Digital Gold”. Bitcoin, finite in supply and used as money, had many of the earmarks of gold, although you can’t build anything out of Bitcoin or melt it down for scrap.

KaratGold Coin (KBC) has changed this. The first coin to truly digitize physical gold, KBC holders have the opportunity to exchange their KBC holdings to CashGold, physical bills with tiny bars of gold built into physical bills (just like Dollars or Euros), at Karatbars International’s ATMs (after the July 4, 2019 launch as part of the Gold Independence Days). This will be made possible because KaratGold coin was founded by a real gold mine operator and gold veteran, Dr. Harald Seiz.

Karatbars International was around long before Bitcoin and is a well known industry player. Founded in 2011, Karatbars was (and is) an attempt to sell small amounts of gold to the average person, in forms that are easy to use as money.

Gold used to be standard currency for thousands of years, but it’s a very clunky candidate for this job in 2019. Heavy and soft, gold is too valuable to use in coin form (each coin would be much too valuable for walk-around spending), and most nations have long abandoned the old gold standard. Karatbars got around these limitations by selling gold in tiny quantities. For example withCashGold notes, which contain 0.1 gram gold bars.

CashGold solved the portability issue of gold, but it still didn’t change that fact that precious few retailers and consumers accept gold as currency. Imagine going to Starbucks and trying to pay in CashGold. Dr. Seiz recognized this limitation on his innovative product, but he wasn’t stumped. That’s why KaratGold Coin launched last year, along with its spending app K-Merchant.

With KBC investors benefit from a high flexibility, meaning that if should they should not want to keep up with physical gold, they can spend their KBC tokens through the K-Merchant app.

https://www.youtube.com/watch?v=DbH2uYs2OMg

K-Merchant is a payment gateway that unifies gold, KaratGold, Bitcoin, Ethereum, and various fiat currencies. Those who own gold remotely, through KaratGold, can spend it however they wish, without having to go through the trouble of finding a buyer for gold. Should they wish to buy more gold (or sell it), they can do so with dollars, Euros, BTC, ETH, and a growing variety of fiat currency options. A novel use case will also take place in the IMpulse K1 phone – a blockchain-driven smartphone upon which KBC is the native asset.

KaratGold is the first true digitization of gold. This makes it a candidate for widespread adoption in the current incarnation of the crypto industry. Volatility and market economics need not be the only basic of value in this new asset class. KaratGold Coin thus should be on every investor’s watchlist.

January 2, 2021 Update: We have just announced our BEST STOCK NEWSLETTER of 2020 AWARD!

CLICK HERE to find out which stock newsletter was up 78% in 2020 (and whose 2019 picks are now up 113%).

*** Our Award for BEST STOCK NEWSLETTER of 2020 ALERT ***

Updated January 2, 2021

At WallStreetSurvivor, we subscribe to dozens stock recommendation and advisory newsletters. There is ONE newsletter that is constantly outperforming all of the others--The Motley Fool Stock Advisor.

Five of their 2020 stock picks have doubled and the average return of all 24 of their stock picks for 2020 is up 78%!

We have been tracking ALL of the Motley Fool stock picks since January 2016. That's 5 years and 120 stock picks. As of Friday, January 1, 2021 the Motley Fool's January stock pick (TSLA) is up 720%, their March pick (ZM) is up 172%, their April pick of SHOP is up 226% and their June pick CRWD is up 120%; and another two have more than doubled. In addition, 10 of their 2019, 12 of their 2018, 11 of their 2017, 15 of their 2016. Most impressively, over the last 5 years that we have been tracking every recommendation, their average stock pick is up 209%--tht means over the last 5 years their stock picks, on average, have TRIPLED!

Now no one can guarantee that their next picks will be as strong, but our 5 years of experience has been super-profitable. The important thing about the Fool stock picks is you have to buy them the day they are recommended because they usually pop 5-10% in the first 72 hours after the release their recommendation. You sure don’t want to risk missing out on their next pick.

Normally the Fool service is priced at $199 per year but they are currently offering a NEW SUBSCRIBER DISCOUNT that allows you to get theiir next 24 stock picks for just $99/year. HERE is the LINK to visit their New Subscriber Discount page.

CLICK HERE to get access to all The Motley Fool’s Stock Picks and their next 12 months of picks for just $99 per Year! 



GET UP TO $1,000 IN FREE STOCK

WHEN YOU OPEN A ROBINHOOD BROKERAGE ACCOUNT

Robinhood was the first brokerage site to NOT charge commissions when they opened in 2013. They just past 10,000,000 accounts and to celebrate they are offering up to $1,000 in free stock when you open a new account.

Here’s the details: You must click on a special promo link to open your new Robinhood account. Then when you fund your account with at least $10, you will receive one stock valued between $5 and $500. Then, you will get a link to share with your friends. Every time one of your friends opens an account, you will receive another free stock valued between $5 and $500. Click here to learn more about this Special Robinhood offer.

Claim your free stock NOW (before it’s too late)



One response to “KaratGold Coin (KBC) Is Digitizing Gold…For Real This Time”

  1. therooster says:

    It should be on every consumer’s watch list, not just investors. KBC is a currency and can grease the wheels of the economy yielding REAL economic growth, not price inflation like debt does.