Celsius Network: The BEST way to earn interest on cryptocurrency?! (CEO Alex Mashinsky Explains)
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Try Celsius and earn $40 in BTC with Hashoshi’s referral code: 5
Hashoshi sat down with Alex Mashinsky, CEO of Celsius, to talk about the Celsius app that lets you earn interest on cryptocurrency on a weekly basis! The app lets you earn compounding interest on your cryptocurrency holdings, but often yields the question: “How is this not a ponzi scheme with those rates?”. This question is among the many that are answered in this video, so make sure to watch until the end!
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Important ⚠️ The opinions and information presented in this video are strictly my own or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice.
0:00 Introducing Alex Mashinsky, CEO / Founder of Celsius
0:32 How Alex Mashinsky got into cryptocurrency
3:53 The key challenge that drove Celsius’ mission
5:17 Celsius helps people earn income on BTC and stablecoins in deposit
6:35 But how can Celsius pay such high interest rates?
10:16 Celsius aims to beat banks by making better products
13:18 How Celsius protects your crypto in custody
18:16 Collaboration is critical in the DeFi and CeFi space
20:37 Celsius uses zero knowledge proofs for transparency
22:11 Alex Mashinsky is the #1 user of Celsius
23:05 Where is the crypto space going in the next 2-5 years?
28:19 What “winning” looks like in crypto isn’t just about money
30:50 TLDR; Try Celsius and earn interest on your crypto
31:37 If you don’t like it, Celsius pays your withdrawal fees
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🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. Most often, I include links to products when I do product reviews, but I do not allow brands to dictate my message in relation to a product or service. You will always get my personal and honest opinion.
The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.
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