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KaratGold Coin (KBC) is a cryptocurrency that was introduced by Karatbars International in February 2018.
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This is where KaratGold Coin comes into the picture. How could a user spend their CashGold online? However, as useful as CashGold is for “walking around money”, it was still not a solution for turning gold back into a truly universal spending asset. The bills fold just like Dollars or Euros and, starting July 4, 2019, will be available through ATMs as part of a Karatbars International marketing campaign, the Gold Independence Days. CashGold arepaper currency notes with a tiny gold bar inset within the bill. Then Karatbars International changed the game with an innovative line of gold products and services.ĬashGold is the most fascinating of these products. In the 21st century people had almost written gold off, at least as a form of currency. Today, these same coins are worth hundreds or thousands of dollars, so it’s risky to carry them on one’s person (and almost impossible to make change!). In the old days, gold wasn’t priced as high as it is today, so you could carry small gold coins around that were useful for everyday exchange. Gold is almost too valuable for its own good.
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And where it used to be a de facto money for people all around the world, today it leads a much more solitary existence. For personal investors, it’s stored in vaults and deposit boxes. It’s purified into a high-quality formand developed into products and as a material in various technologies. A natural element, gold grows in the ground and is only extricated with mines through great physical effort. Although gold is, and always will be, useful, it’s an asset that has failed to make any meaningful transition to the digital world.