
Celsius’ Alex Mashinsky: “This is a fight for all the money in the world”
The Times Tech Podcast
00:00
How to Get a Yield on Bitcoin?
Celsius has 115,000 bit coin users. It charges institutions 6% to borrow a certain amount of the currency. When they pay us interest, we then divide the income among all the hundred and 15 thousand users. So basely, you're getting yield on this whatever bit coin, theorium, whatever it may be,. But you don't get any return oni other than that. Celsius only does the latter.
Transcript
Play full episode