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Redbeard Krabs is a pirate and the paternal grandfather of Mr. Krabs.
I can turn into a skyscraper!
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He only appears in the episode "Grandpappy the Pirate." Mr. Krabs' father was Grandpa Redbeard's son. Grandpa Redbeard looks like Mr. Krabs, except that he has an eye-patch, a beard, a darker shell, and wears sailor clothes. He is a full-blooded pirate, and would love for Krabs to follow in his footsteps and become a pirate. He is a good fighter, especially fighting skeletons. He loves money, like Mr. Krabs, so his special skill is stealing a "Loot." He told Mr. Krabs a pirate never tells a lie.
He has one large, and one small claw, which indicates that he may be a fiddler crab. His small claw could also be a prosthetic replacement.
He is a possible spoof to Blackbeard the Pirate.
Real pirates did in fact have rules, called the "Pirate Codex" or "the Code."