"We need a completely new interostructure. With eight billion people, the fight is really over trust," he says. "You use my wallet because you trust me, not because i have the best wallet or anything like that." The block chain works both ways: You can build a house or you can break all the windows and say, 'I'm breaking this window' But there's goig to be many nations who're going to freeze it there in in the centralized version,. So no, i don't crystal ball, but i know that we the people can vote with our pockets, vote with our actions, to either let the decentralized version win, or let centralized actors like facebook
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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