Alex Mashinsky on product launch
From Alex Mashinsky, the CEO of Celsius Network | Blockchain interviews · · InvestmentPitch Media
“we are launching a credit card in q3 of this year and it's a card like nothing else that you've ever seen and i promise that and and the people will be shocked when they see the functionality.”
On , Alex Mashinsky, Former CEO at Celsius Network, spoke about product launch during Alex Mashinsky, the CEO of Celsius Network | Blockchain interviews on InvestmentPitch Media.
About Alex Mashinsky
In a March 2019 town hall for Celsius Network, Alex Mashinsky criticized traditional banks for offering low deposit rates while charging high interest on loans, stating that "your bank takes your deposit, right? Gives you less than 1%, gives you an IOU and lends it to her and charges her 25% of her credit card and keeps 24% to themselves." He also highlighted what he described as economic inequality, saying "there was never in the history of mankind bigger disparity between the rich and the poor" and that he was "shocked that there are no guillotines on the street." Mashinsky noted that Celsius Network's token would only become valuable "if the whole community is creating value inside the community," and mentioned that the company had "at least 50 hedge funds that use us to reduce their tax exposure to defer their taxes."