Beating the Banks with Alex Mashinsky, CEO of Celsius Network

Published: Oct. 15, 2020, 11 a.m.

Alex Mashinsky came to the U.S. as an immigrant in the 1980\u2019s after living in both communist and socialist countries.\xa0His diverse background made him passionate about helping people and developing a\xa0"better bank" that rewards its customers rather than stealing from them. Fascinated with blockchain and fintech, Alex founded Celsius Network, a platform with unbeatable yields that would finally stand up to the banks, giving people the hard-earned money they deserve.\nScott Melker and Alex Mashinsky further discuss moving to the U.S. in the \u201980s, phone company monopolies, the urge to disrupt, creating Celsius Network, giving 80% of the profits to the community, bank bailouts, daytime robbery, beating the banks, crypto community fees, hedge funds in crypto, the name \u201cSushi\u201d as a leading indicator, the corrosion of standards and voting with your wallet.\n---\nVOYAGER\nThis episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 6% interest on top coins with no lockups and no limits. Download the Voyager app and use code \u201cSCOTT25\u201d to get $25 in free Bitcoin when you create your account.\n---\nELECTRONEUM\nElectroneum, has gained widespread adoption providing a mobile-first payment solution to the world's unbanked, attracting more than 4M users worldwide in less than three years. They have since launched a new freelance marketplace, AnyTask.com, which is providing thousands of freelancers the opportunity to sell their services to buyers globally, without the need of a bank account. Learn more at Electroneum.com.\n---\nIf you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io