On the Medium, in “How to Become a F*ing Millionaire” Chris Kelsey brags he will soon become a trillionaire.
I became a f*ing millionaire at 19. I finessed my way there and I didn’t give the time of day to anyone who wanted to stop me. Now I’m on my way to becoming the youngest self-made billionaire in the world at 21. Soon after I reach the billionaire mark, I will become the world’s first trillionaire. My goal is to change the world in a way that has never been done before. Most billionaires are pussies afraid to make a difference, thankfully I’m not a little bitch. This isn’t arrogance or cockiness, these are just facts. The goal of this article is not to show you how to become a millionaire, it’s to show you how to become a f*ing millionaire.
For starters, this arrogant clown does not know the difference between fact and opinion.
Even if his plan was extraordinarily brilliant, It is not a fact he will become a trillionaire. Poof is simple: He may get killed in an accident tomorrow.
The article doesn’t show anyone anything. Instead, it’s purposely written to shock. Why? To get the story spread.
To negate that effect, please consider Is Kelsey Coin a Scam? by Joseph Ward.
Kelsey coin is not a cryptocurrency. It is simply a “digital bank”.
The details are very sparse but basically it seems like you sign up with your Facebook account and then you can send Kelsey coin to anyone else who has signed up.
The entire process is centralized (Kelsey and his friend run everything). They claim that they will build ATMs and an online marketplace to buy and sell things with Kelsey coin.
The only way to get Kelsey coin currently is to send USD to Kelsey (the founder) and he will give you Kelsey coin in return.
There is a fixed supply of 1.2 Trillion Kelsey Coins. Kelsey gave himself all of the Kelsey coins at the beginning so you need to buy them from him.
There is no way that this project will succeed. No one is going to ever accept Kelsey coin as payment. In other words, it will be worthless.
He claims it is to help make transferring money around the world to people easier but if that is his real motivation, he is going about it in a very impractical way. We already have much better solutions out there that don’t involve paying the founder over a trillion dollars.
Conclusion
Stay away from this project!
I agree. Stay away from this absurd scheme.
Mike “Mish” Shedlock
Thank you for this wonderful contribution to the topic. Your ability to explain complex ideas simply is admirable.
Laugh of the day. Why to become a trillionaire and then give it away? Confounded.
My fear is that this asshat will succeed in making himself very rich (if not a trillion or billionaire). There are so many deluded and greedy people out there anything is possible.
“Kelsey Coin will always be worth $1”. So does that mean he will ALWAYS give me $1 if I give him a Kelsey coin? Or does it only work in reverse?
The ‘protectionist Trump’ and his silly ‘tactics’: Speaking in the Rose Garden of the White House alongside European Commission President Jean-Claude Juncker, Mr. Trump said the U.S. and the EU had agreed to “work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non auto-industrial goods.”
Another clueless moron that Kelsey dude.
However there have been so many outright scams in cryptocurrencies that even illiterate douchebags like Mr. Kelsey fit right in and can at least pretend that they are a success for a few months.
.
Even bitcoin is worthless in the end because once mining produces no more bitcoins there is no incentive to run the bitcoin system itself unless one puts transaction costs into running it and then the only real claimed benefit of bitcoin is gone.
Oh, in bitcoin all your transactions are saved on a public ledger forever, how nice, it is like putting all your creditcard purchases and paypal purchases on your facebook feed…
Also huge price swings so if one saves up to buy a nice thing they can end up with not getting that thing because the value can crash during the time one is saving the bitcoins to buy that thing.
Bitcoin will be worthless sooner or later…
Is this a signal for a top in markets, liquidity & stupidity?
This kelsey is a complete moron.