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July 25, 2018 | Kelsey Coin $Trillion Scam

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Chris Kelsey claims he personally will be the world’s first trillionaire. He says that’s a “fact”.

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.


Stay away from this project!

I agree. Stay away from this absurd scheme.

Mike “Mish” Shedlock

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July 25th, 2018

Posted In: Mish Talk

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