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Karatbars Gold
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Company To Link Gold Trade Payment Methods With Cryptocurrency Techniques

KaratBank is creating a new Blockchain-based cryptocurrency based on the ancient legacy of gold.  Whilst not readily used in trading today, gold has traditionally been viewed as a safe and secure investment.  Combining this historical method with the most modern, cryptocurrency, may not seem like a likely partnership.  However, a new company is doing just that.

KaratBank claims that they take the advantages of gold trading and apply it to cryptocurrency.  They highlight that gold is a trusted means of investment worldwide, is limited in quantity (which can push up value) and is also stable in price.  By linking each of their KaratBank Coins (KBC) to a physical weight of deposited gold (in the form of CashGold – 24 carat gold embedded on a bank note), each token has a stable, trusted value.  KaratBank Coins are based on the Ethereum Blockchain protocol allowing for use of smart contracts.  The team describes the coins as ‘the foundation of a strategy to promote the development, infrastructure and distribution of a safer, more trustworthy payment means.’  KBC is linked to KaratPay, an online payment platform.

Their whitepaper describes KaratBank’s end goal as ‘The KaratBank Coin is designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.’  There are many advantages to KBC listed: its links to reliable 24 carat gold prices; the ability to exchange for CashGold at any time; real-time exchanges from any location at any time; the ability to use other popular crypto such as Bitcoin to purchase KBC; free and border less transfers; and the low service charges for using KaratBank.  These advantages have not gone unnoticed, as KBC payments steadily become more and more accepted around the world for transactions.

Reassuringly, KaratBank is cooperating with Karatbars GmbH, (who already has an established community of nearly 500,000 users worldwide who have collectively invested $120 mln), meaning that the growing number of companies worldwide accepting Karatbars as payment will also do so with KaratBank Coin.

The pre-ICO has already begun and will continue until March 21, with the main ICO beginning March 22 (1 KBC = $0.05).  By April 18, the team aims to have KaratBank Coin listed on one major exchange.  By 2020, they hope to have 2 percent market penetration, and market capitalisation at $500 mln.

For a start, KaratBank CEO Harald Seiz has forty years of experience in financial consultancy.  He is also founder and managing director of Karatbars International GmbH, bringing his extensive knowledge of the relationship between gold and cryptocurrencies to KaratBank.  His expertise has been recognised by the Federal Association for Economic Development and Foreign Trade, who have awarded him a Senatorial Degree.  The rest of the management team also has extensive management credentials from various financial companies across Germany, and the advisory staff boasts experience from Karatbar operations from Dubai to the UK.

The knowledgeable team and proven success record with Karatbars indicates an exciting time for this company, and possibly a revolutionary new way of currency investment by marrying traditional investment methods with new innovations.

Editor’s note:  You can purchase the Karatbank ICO tokens OR you can receive them free with certain purchases from Karatbars International.  It’s free to join but for example you can receive 200 free tokens when you purchase a Silver Business Package.  Or get a smaller amount of ICO tokens when you purchase Cashgold for example.  Here is the link to open your free account.  In addition, here is a You Tube video prepared by one of our team leaders, Michael Dalcoe.  It’s about 30 minutes long but he does a nice job of explaining the benefits of becoming a Karatbars member and business associate and how you can receive Karatbank ICO tokens RISK FREE.  Watch this video then email me if you have any questions:  stevenrhyner@gmail.com.  If I don’t know the answer, I’ll get it for you.  Here is the link to open either a customer or affiliate account.  Free to join but you need to purchase a business package or Cashgold as well as other products to receive Karatbank ICO tokens and increase your commissions.

The above news release from the company was posted on www.cointelegraph.com March 1, 2018

Disclaimer. Cointelegraph does not endorse any content or product on this page.  While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Gold Home Based Business Personal Finance

Are You Prepared for a Financial Crisis?

If the recent stock market declines didn’t convince you to diversify your portfolio, I’m not sure what will.  I’m not an economic expert nor am I a financial guru.  I try to use common sense when it comes to investing.  But mostly I trust my parents who always advised me to not keep all of my eggs in one basket.  On a side-note, that quote was supposedly penned by Miguel Cervantes, author of Don Quixote.  But I digress.

The point of this blog post is to invite you to consider accumulating gold not only as an investment but also an insurance policy just in case of any financial crisis or the value of the dollar crashing.  It’s also good for other catastrophes too.

How much gold should you have as part of your diversification?  Get with your financial adviser and bring your calculator.  The portion of your portfolio will vary depending on your risk tolerance, your age, your family, your assets and most likely many other factors that affect every family’s financial health different.

I don’t consider myself a gold bug but I certainly like to sleep at night.  One guru I enjoy following is Mike Maloney.  Here is a short video he recorded after the recent big one day drop in the stock market.  It’s about three minutes and worth watching.

I strongly suggest you watch his series the Hidden Secrets of Money on You Tube.  It’s about 90 minutes long but he presents the series in six 30-minute segments.  He also recently added a 7th episode which deals with crypto-currency.

What all of this is leading to is that you consider adding gold to your portfolio.  You’ll keep pace with inflation, accumulate wealth over a period of time that won’t bust your budget.  You can store your gold for free or take delivery although the shipping costs add to your total cost.  You can always exchange your gold for fiat currency in the future and as you grow your gold reserves you can use it to make purchases if necessary with a debit card attached to your account.

The company I represent is Karatbars International.  A debt free company based in Germany.  Once you set up your free account you can enroll in their auto-purchase program.  This allows you to buy 1, 2.5 or 5-gram Karatbars monthly or weekly depending on your budget.  It takes about 28 grams to equal an ounce of gold and just over 31 grams for a troy ounce of gold.

Let’s say you were able to buy 5 grams of gold each month.  In just over six months you would have a troy ounce gold which as of today’s blog post is priced at around $1,325 dollars per ounce.  It won’t take very long to have a sizable amount of gold at your disposal.

Here’s a short video explaining Karatbars International and some of it’s other products:

Watch this short video then open your free account

Here’s another aspect of Karatbars to consider.  Should you wish to share this opportunity with other people, you’ll earn commissions when they make a purchase.  Commissions are low with a free account but you can purchase a business package on several levels and increase your commissions.  This is a one-time fee and there are no monthly purchase requirements other than what you decide to invest in gold.  If you just want to be a customer, no problem.

Karatbars is also offering an opportunity to get involved in the crypto-currency arena too.  Get in touch with me if you want more information about their crypto-currency tokens/coins which is starting February 15, 2018 and will begin trading on exchanges in late May or early June, .  Email me at stevenrhyner@gmail.com for a PDF explaining how you can get free no-risk Karatbank coins.

For over 5,000 years gold has held it’s value and kept pace with inflation and really should be a part of everyone’s portfolio.  Become a gold saver today!  Good luck to you all in these exciting and interesting financial times.