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RE: Forbes ranks Karatbars top 10 Crypto; CoinDesk calls it a Scam
As always the old adage proves itself once again
-If it sounds to good to be true, it probably is.
and
-A fool and his money are soon parted.
Nothing more than a modern Ponzi scheme but as long as people are gullible they'll keep on popping up.
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When I came across a video about Karatbars the first thing I thought was it sounds like a pyramid scheme.
I believe you get a very small bit of gold but it's mostly glossy promo material for you to use to try to draw in other investors. Definitely very expensive per gram of gold you receive.
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