D mount gox was, as i was 20 19 for 20 14 d it was january of february of 20 14. And that was like the moment where people like us, see, told you exactly this is not going to work Exactly. So when mangok collapsed and the volume dropped by 90 %, and the price of bit coin dropped to, i think, something like 60 dollars or 50 dollars,. It was just catastrophic event. People kept buying bit coin. People kept a hoddling bit coin. That forced me to rethink all f my assumption. I don't believe in bitkon is a form of payment. I just think it's a phenomenal orof
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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