You should have multiple different assets that represent different utilities, right? Again, bitkon and etherum have non correlated utilities. So what we're trying to do is help everybody, not just the rich, also the middle class, the poor,. navigate throg this path together and make it to the finished line. What you need is just enough of your folio to be allocated, for the returns to be substantial," he says.
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).
Hosted on Acast. See acast.com/privacy for more information.