Etheorium is effectively a crypto fund manager that's just a better deal for people. There are risks involved, but the risks also involved in just holding your dollars and hoping for the best,. So there's definitely several scenaras. If you're sleeping like a baby, that means you don't have enough bit coin. You need to be right in that zone.
The Sunday Times’ tech correspondent Danny Fortson brings on Alex Mashinsky, founder of Celsius, to talk about creating a crypto fund manager (3:25), managing risk (8:40), growing up in Israel (11:50), buying a one-way ticket to New York (14:10), his first startup (16:10), launching a voice-over-IP company (22:50), getting kicked out of his own company (27:50), trying to build Uber before Uber (30:10), putting wifi in the New York subway (34:10), getting into crypto (37:10), getting rejected by 200 venture capitalists (42:15), going from zero to $24 billion in assets under management (44:00), “centralised finance” (48:35), why he put $300 million of his own cash into Celsius (50:25), the future of crypto (55:05), and Web 3 and the fight for the future of money (1:02:40).
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