Using chocolate for caramel instead of butter

For caramel popcorn, what if we use a chocolate compound instead of butter for caramel. Even if it doesn't become caramel, can it be used for coating popcorn like caramel?

Please suggest me if there is any other cheaper way to make it like caramel by using chocolate (and oil if required).

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Using chocolate for caramel instead of butter - Brown Bread on White Ceramic Plate

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Using chocolate for caramel instead of butter - Three Scoops of Ice Cream

Caramel Recipe

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Using chocolate for caramel instead of butter

Pictures about "Using chocolate for caramel instead of butter"

Caramel Recipe

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