Is Karatbars legit? Is Karatbars scam? Yes? No? Are you asking yourself these questions? Let’s see what reputable crypto sources say about Karatbars.
I decided to compile this list since there is a lot of propaganda against Karatbars.
If you are not aware yet… Online propaganda against Karatbars includes false claims, counterfeit documents and even entire websites on the Internet.
The reason behind propaganda? The goal of Harald Seiz (the founder of Karatbars) is to help ordinary people become independent from the current financial system. In such case, opposition and resistance are inevitable.
1. CoinSpeaker about Impulse K1 Phone (the world’s first blockchain smartphone)
KaratGold Coin (KBC): Blockchain-powered IMpulse K1 Allows Users to Communicate over Blockchain Aiming User’s Security and Privacy
CoinSpeaker is #1 news source for Bitcoin and Altcoin professionals.
Here is what CoinSpeaker says about the Impulse K1 Phone (1):
“Few token/coin issuers can boast an infrastructure necessary for its circulation. Often the digital asset remains inapplicable in daily life and soon adds up to the list of dead coins. A completely different approach was taken by the team behind KaratGold Coin (KBC), who came up with a number of software and hardware solutions for blockchain users. One of them is a KBC-fuelled smartphone that utilizes a series of elegant solutions increasing the user’s security bar.
The owner of IMpulse K1 Smartphone, whose mass delivery is scheduled for September 2019, no longer has to worry about the privacy of calls, messages and stored data. A number of solutions for ensuring this includes:
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Voice Over Blockchain Protocol (VOBP), that allows users to communicate fully encrypted. All data – documents, text and voice messages – are sent peer-to-peer and end-to-end enciphered, therefore third-party intervention is minimized.
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The possibility to create multiple blockchain accounts on the same device with every wallet to be assigned to one identity.
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IPFS platform which allows data to be saved and enciphered through a decentralized storage based on blockchain technology.
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Electronic Warfare Transmitted Location (EWTL) set to protect user privacy related to his/her location. The service uses a special military technology to share and reveal whereabouts.
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WORM Guard technology which creates a protective shield around the user’s private key, so that it cannot be stolen or lost.
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Specially designed blockchainData OS that offers a user-friendly interface with IOS and Android applications available to be installed.
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As stated on the official website, where you can also find smartphone’s specifications, IMpulse K1 is available in three models, all made of heavy-duty materials, such as carbon or titanium.
By using the latest technological advancements, IMpulse K1 represents a massively secure mobile phone which satisfies the demands of people looking for maximizing their security. There is no need to worry about third parties monitoring your actions or accessing your personal data that fully utilizes the ideas lying behind cryptocurrency and blockchain.TheBitcoinNews”
2. TheBitcoinNews about gold-backed KBC cryptocurrency
KaratGold Coin (KBC) is the Real Digital Gold
TheBitcoinNews is the leading source for Bitcoin news. As well as a source of news on blockchain tech and other cryptocurrencies.
Here is what TheBitcoinNews says about KBC (2):
“Of the various monikers that have been applied to Bitcoin, “digital gold” is among the most well known, if one of the most misleading. Like gold, Bitcoin’s value is based on supply and demand. There’s only so much gold in the world, and Bitcoin’s supply is just as finite. Both assets are added to the circulating supply. And though that has always been a questionable metaphor, it’s also where the similarities end.
Cryptocurrency, in many ways, needs a digital gold. Gold is known for its price stability, at least relative to many other assets. It’s also thought to be a place where value can always be found, no matter how many incarnations human society goes through. Bitcoin and the altcoins, meanwhile, are notoriously volatile in value.
This has led the industry to develop numerous “stablecoins”. Most famous among the bunch is Tether, in hot water today after the New York Attorney General sued Tether (and Bitfinex) over fraudulent activities and lost funds. Tether may tumble. But even if it doesn’t, the market is clearly looking for a real stablecoin among the bunch, something that has a true claim to inherent value.
Enter KaratGold Coin, introduced in February 2018 after a $100 million ICO, KaratGold Coin will be the only cryptocurrency which allows its holders to actually trade their digital coins for real gold. So how does it work?
Karatbars’ CEO, Harald Seiz, understands that physical gold, however conveniently packaged, is still notoriously difficult to spend in the modern world. And while you might be able to strike a barter with a flesh and blood seller, good luck trying to spend the stuff online.
This is where KaratGold Coin comes into the picture. Through the K-Merchant e-commerce application, users can buy and sell KaratGold Coin with Bitcoin, Ethereum, and various fiat currencies. They can spend their KaratGold Coin at any of the thousands of vendors already integrated with the app.
Furthermore, starting from July 4, 2019, investors can exchange 100 KBC tokens directly to 1g of pure gold, making it the first digital currency that is actually convertible to a truly valuable asset. This exchange possibility will be made possible as part of a global Karatbars International’s promotion campaign, the Gold Independence Days, so that users can easily receive real gold in the form of CashGold at Karatbars’ own ATMs. KBC is also useful paying for the innovative IMpulse K1 Phone, a blockchain smartphone that’s the result of this same wave of KaratGold innovation. Linked to the phone, Karatbars presents a clear utility of Karatgold Coin being that KBC serves as a credit for phone calls. Gold might seem like the farthest thing away from cryptocurrency. Archaic and tangible, the people who own gold tend not to own cryptocurrency, and vice versa. KaratGold Coin may change this, offering a classic asset in a new digital package that offers real value to today’s crypto marketplace. Whether you’re looking for an alternative to Tether, trying to invest in gold in a convenient way, or simply wishing to have a versatile new asset type in the crypto markets, KaratGold Coin may soon find its way into your portfolio.”
3. Investorideas.com about K-Merchant (the world’s first crypto payment system)
How to start an eCommerce business with K-Merchant
Investorideas.com is a recognized news source which publishes third parties news on crypto, technology, mining and other. They also publish their own financial content.
Here is what Investorideas.com says about K-Merchant (3):
“June 14, 2019 (Investorideas.com Newswire) If you are looking for information on how to start an ecommerce business, this must be not the first article you read. You’ve thought a lot, woke up in the night because you’ve had a dream in which you’ve got the best business idea ever! Told your friends about it, and all of them, having no idea what you’re saying, told you:” Yeah, that’s a great idea! But are you sure …..”
If you already went through this, welcome to “pre-production”.
So you are a beginner, have no experience in e-commerce, but you do know that’s a booming business. Here is the easiest way of how to set up your own e-commerce business.
After you’ve decided what you want to sell, created a logo, told all your friends that you are a man of big business now – it’s the time for the hardest part. How to make it all work? How to get the money? How to connect the card paying system to the website?
Here is a simple answer to all your questions – K-Merchant.
Retaіlers, onlіne shops and other companіes that offer theіr servіces vіa the іnternet and accept payments onlіne faced wіth a permanent questіon: has the payment been made for my servіce and is my product bіndіng and іrrevocable? Thіs poіnt іs really іmportant іn case of vіrtual products, whіch cannot even (theoretіcally) be reclaіmed іf a payment that has already been made іs cancelled. Here comes a new payment system K-Merchant which guarantees that all payments and product will be synchronized, there will be no changes and the whole process: from payment to delivery will be smooth.
Once a completed payment vіa K-Merchant іs done, a K-Merchant payment order cannot be deleted, dіmіnіshed, changed or even manіpulated – these are exactly the іmpressіve advantages of blockchaіn and crypto currencіes.
For the retaіlers, the advantages are obvіous:
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The payment reaches retailer’s account іmmedіately
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The cryptocurrency KBC іs stable іn value
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All payments are easy to track and manage
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All payments are faіl-safe.
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Secure payments due to Blockchaіn
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No need to connect online card paying system
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K-Merchant will help to set up your new business in new standards. Even if you are a beginner. Read more here.”
4. Bitcoinist about KBC and Impulse K1 Blockchain Phone
KaratGold Coin (KBC)-fueled solutions have raised security bar for coins and communications
Bitcoinist is a prime source on Bitcoin, cryptocurrency and blockchain updates.
Here is what Bitcoinist says about KBC and Impulse K1 Phone (4):
“Very few of the existing coins/tokens have a chance to live a long life. Often shortly after ICO, a newly created coin loses value and adds to the list of dead currencies. The matured crypto community is no longer content with coins backed by nothing other than a white paper. Now the digital asset should meet the following requirements:
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it must be underpinned by a real asset. The investor should clearly understand what stands behind the token and whether the project is not a bubble wrapped in sweetie paper;
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the economy or technology behind the coin should show growth. If this is a commodity, then it must be consistently in demand, without sudden drops in value. An example is precious metals, which are unlikely to depreciate in the next tens years;
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the token in which you plan to invest must be suitable for conversion into other assets. It is a positive sign if merchants, online shops as well as service providers accept payments with your coin;
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a coin should be well perceived in the cryptocurrency community and have a confident position on exchanges. It should show good trade and growth volumes and rates; the project should be approved of and voted for by independent analysts and experts.
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Are there many coins able to pass such a test? In the current cryptocurrency market, many investors feel extremely insecure when choosing a currency to invest in. The situation might change dramatically for the better with the advent of the KaratGold Coin (KBC), an Ethereum-based asset that combines the advantages of a physical asset and crypto. Being easily exchangeable for gold and featuring the properties of a full-fledged payment instrument, the coin stands a good chance to decentralize hundreds of millions of dollars for the benefit of investors from around the world.
Highly secure smartphone and software for retailers
Prior to taking up the coin emission, all the necessary infrastructure for its distribution and functioning was provided. To allow online vendors to easily accept KBC, Bitcoin or Ether in their online store, Karatbars International – the company behind the idea of KBC – came up with a software that enables retailers to accept crypto payments with a simple scan. The official plugin of K-Merchant can be currently integrated into Woocommerce, Magento and PrestaShop powered online shops and enables one-click-payments with military-grade security.
Apart from that, the company is aiming to deliver a massively secure mobile phone, the IMpulse K1 Phone, where calls and text messages are not transmitted through conventional ways, but instead, they are encrypted and broadcasted by a newly created Voice Over Blockchain Protocol (VOBP). It uses peer-to-peer encryption that can not be hacked or manipulated. Data stored on the device, such as images or documents, are saved and enciphered through the IFPS platform, which is a decentralized storage medium based on blockchain technology.
Big promotion campaign ahead: The Gold Independence Days
“Starting with the Gold Independence Days, a full-featured gold circulation is put in place worldwide and the phrase “I will pay in KBC” means “I will pay with gold”,” Dr. Seiz announced.
The Karatbars’ motive power is the idea that in times of economic crises, gold is considered as a stable investment with the potential to a value increase in comparison to other investments. “Gold, which always maintains its value because of its scarcity and wide acceptance, serves as a natural hedge against currency collapse. By diversifying a portion of their assets into gold, investors can enjoy a reliable store of value,” the company says.”
5. CryptoNewsZ about WHIM K1 Laptop (the world’s first blockchain laptop)
Karatbars Launches First-Ever Blockchain-Based Laptop
CryptoNewsZ is a source of updates on cryptocurrencies, ICOs, and blockchain.
Here is what CryptoNewsZ says about WHIM K1 Laptop (5):
“With the fast-moving technological world, there comes an underlying pressure on the enterprises to outshine from their competitors by excelling out in developments and advancements.
Blockchain technology has been welcomed by the financial world as a revolutionary mechanism which not just eases the payments network working but also ensures a user-friendly pedagogy fostering to bring the world economy a bit closer.
Recently, Germany-based firm, Karatbars has grabbed the attention of the blockchain enthusiasts after announcing its highly anticipated project, Whim k1, the world’s first blockchain-centered laptop. The user-friendly machine comes with an array of features which are bound to make it a ravishing success in the near future.
Apart from the high-tech inbuilt features, the blockchain laptop boasts of a stunning appearance too. The golden-colored metal body of the laptop will surely be an eye-catching feature for many users.
Whim k1 operates through VOBP or Voice Over Blockchain Protocol clubbed with the world’s first VOB (Voice Over Blockchain) Smart Phone. The laptop comes with a physical encryption key for convenient use. The flexible, sleek, and handy body of the laptop make it easy for the users to carry it, store it, and work upon it at any place of their choice. The exciting 180-degrees bending feature of the laptop keeps it in sync with the cool-o-convenient trend of the present society.
The blockchain laptop offers you a choice in opting for the operating system to work upon. The users can use Windows as well as Karatbars Operating System depending upon their convenience.
Cryptocurrency investors will find the Whim Laptop as their best companion owing to the multiple facilities it will offer to them. The laptop offers crypto wallet manager, trading apps, blockchain apps, NFC transfer apps, etc.
Just like any other electronic gadget, the heart of Whim k1 is the mini screen on top of its exterior body which serves as a Point-of-Sale solution. It helps in scanning bar codes which is undoubtedly a unique feature for a laptop. There is also a fingerprint sensor on the laptop which ensures security and reliability.
As the laptop runs on the blockchain platform, there can never be a situation when the machine will run out of space. The users can enjoy unlimited storage which makes it a perfect choice for people who manage their business operations on laptops. Also, the users can instantly sync their K1 VOB phones with the laptop.”
Main references:
1. https://www.coinspeaker.com/karatgold-coin-kbc-blockchain-powered-impulse-k1-allows-users-to-communicate-over-blockchain-aiming-users-security-and-privacy/
2. https://thebitcoinnews.com/karatgold-coin-kbc-is-the-real-digital-gold/
3. https://www.investorideas.com/news/2019/main/06143eCommerce-KMerchant.asp?fbclid=IwAR09oO_oyjtKZeK8Qeug5adC6pWSQxr7ssuh_xDvSh6ak1PCjbtqQoy3P6I
4. https://bitcoinexchangeguide.com/cryptocurrency-news-websites/
5. https://www.cryptonewsz.com/karatbars-launches-first-ever-blockchain-based-laptop/42866/
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