The Lending Machine - With Celsius CEO Alex Mashinsky
Listen on Apple Podcasts - Listen on Spotify
Crypto lending markets have exploded over the last year. Among the players in an increasingly competitive marketplace is Celsius, which according to CEO Alex “The Machine” Mashinsky has received $450M from over 70,000 users in 174 countries and paid out over $9M in interest payments. Unlike many competitors, Celsius somewhat boldly raised $50M in ICO during the latter half of 2018 at a time when many were shying away.
On the latest Unqualified Opinions podcast, Alex provides an overview of the current crypto lending landscape, predicts that the most valuable blockchain platforms haven't been invented yet and that Bitcoin is heading for all-time highs in 2020. He also details his belief that it is ultimately everyday people who will pick the crypto winners by voting with their wallets amongst what he calls the "3 horses": decentralized protocols like Bitcoin and Ethereum, corporate chains like JP Morgan and Libra or the CBDCs proposed by Central Banks.
Prior to founding Messari, Ryan was an entrepreneur-in-residence at ConsenSys, and on the founding teams of Digital Currency Group, where he managed the firm’s seed investing activity, and CoinDesk, where he led the company’s restructuring & annual Consensus conferences. He has been an investor & prolific writer in the crypto industry since 2013.