RE: The Matt Trainer Scam - What is it exactly?
Hey Swelker101, great post! Thank you. I do have some questions though that I'm wondering if you can answer.
I've been following Matt for a few years. I do understand that some things have happened in the RECENT past that put him in a bad light. However, I always try to give people the benefit of the doubt. This does NOT mean that I'm backing him, I just always try to get all of the facts before making a decision on something.
So here are my questions.
1-'Karma Koin' and 'KarmaCoin' could be two completely different things could they not? It certainly seems like they are. If karmacoin has been around since 2014 and KarmaKoin was just released a few weeks ago, wouldn't that prove that they're different?
2-Let's assume that based on #1 above that they are different. If KarmaKoin is a NEW coin and is backed by gold (meaning each coin can be traded in for one physical ounce of gold), is that really a bad thing (seems to me that it'd be kind of cool)?
3-Has Matt Trainer really been part of ponzi schemes? Based on my research, it seems like maybe he just hasn't been able to deliver on some of the software tools that he's promoted in the past? I understand that's still bad and you shouldn't sell something you don't have, but there's a difference between not being able to deliver a product and being a part of a Ponzi scheme. If Apple promotes the iPhone 8 but can't keep up with the production of all their orders, does apple become a Ponzi scheme? Seems a bit unfair to me.
Would love to hear what people think!
I knew Matt personally for almost 2 years. He turned into what I thought was my best friend. He used me for my knowledge in film, and social media, and status as a creator...He scammed so many people and told me how he did it. When I finally didn't want to be a part of it, he FLIPPED out and started threatning me and my family. He talked about blowing up our house (I have all the recordings) he told me we stole his ideas for a coffee brand (when WE OWNED A COFFEE SHOP) and simply ASKED HIM if he wanted to move forward. He took that as we were "scamming him" which made no sense...We were just asking if he was ready yet...Then he kept freaking out on all these people saying he was being robbed and scammed....He made $20,000+ on one of my ideas...took the money from the people...Sold them a copy and pase eBook with MY IDEAS and didn't pay me a dime...I am glad because it was all SCAM money...He just takes money from people and moves on...He spend 3 years in Federal Prison in the 90s for millions in fraud (FEDERAL) and owes MILLIONS in credit card debt and property taxes...He's a piece of shit and he actually reached out to me a few months ago. I blocked him and told him to go fuck himself.