Celsius Network: The BEST Way to Earn Interest on Cryptocurrency?! (CEO Alex Mashinsky Explains)

Celsius Network: The BEST Way to Earn Interest on Cryptocurrency?! (CEO Alex Mashinsky Explains)

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!

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!

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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