![]() ![]() First, their Mini Gold Bar Cards, start from one gram of pure gold embedded in the card. This is a technique often used as image building to give viewers the impression they are “Wall Street insiders” when they actually are not. For example, in one interview style video, the New York Stock Exchange was in the background of the video, but the company has no ties to Wall Street at all. The company produces various interview promotional videos in order to appear as if the media is interested in the company. Two of the books are sold on Amazon called “The Future of Money” (the role of gold in the money system) and “Think Big” (general entrepreneurship). Also, he has his own Wikipedia page that covers the publication of his five books. He appears on stage and in promotional videos often and is promoted as their visionary and prominent leader. Karatbars International is led by CEO Harald Seiz. Finally, they expect gold to be a good investment and believe investors would benefit from gold value appreciation. These are easily exchangeable pure gold pieces in small units that will be “more transaction friendly” if fiat collapses. Karatbars International wants people to buy their card and CashGold products. Therefore, they believe it is important and lucrative to own gold. The company’s vision that they try to sell is that the current fiat-based monetary system is flawed, and if the financial system collapses, gold will be the replacement of currency. Originally, the company only participated in the gold market however, since 2018, they have started selling with cryptocurrency too. According to the website, all of their gold is produced and sourced from Turkey. They sell gold products online to an international customer base. Karatbars International is a German company founded in Stuttgart in 2011 with a branch in Singapore. To begin, we researched the parent company of KaratGold Coin, Karatbars International. ![]() Quick note: If you have your own opinion about KBC (or other crypto projects), please share it with the entire crypto world at CryptoCanary! Here’s the link to KBC’s page for easy access: Parent company – Karatbars International ![]() KaratGold Coin (KBC)… Is it a scam or is it legit? Is this Bitconnect with a gold component or is there more to it? In this article, let’s take a closer look at the company behind KBC as well as several red flags of KBC, their crypto coin. ![]()
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