The Unbanks of the Fourth Economic System

Episode 1:

Foley is joined by Alex Mashinsky, CEO of Celsius Network to discuss the emerging fourth economic system of the blockchain. 

Born into communism, reared under socialism and having thrived as a serial entrepreneur under American capitalism, Mashinsky explains how capitalism has failed most Americans and how the emerging blockchain economy can fix it.

Celsius Network’s platform shares most of its profits earned in the futures market and margin lending with account holders by paying in-kind interest on their cryptocurrency deposits.  Lending services are also provided to account holders who may borrow cash, using their deposited cryptocurrency as collateral. Celsius aims to replace Wall Street banks, which pay account holders virtually no interest, instead sharing profits with stockholders.  

Special thanks to David Kroell for sound engineering and editing this episode.  And to my wife, Hanan, for all of her support.

References
http://www.mashinsky.com/
https://en.wikipedia.org/wiki/Alex_Mashinsky
https://celsius.network/