Revolutionaries of Our Time — Elon Musk (EDIT) — NoT Alex Mashinsky
Note: I was utilizing Celsius Network to earn significant interest on my cryptocurrency holdings since 2017. Although it's clear that Alex Mashinsky misled its customers by over-extending their position in the market, I do believe in the potential to earn more interest than traditional banks by letting your assets work for you.
We were all deceived by Mashinsky, though. He stole from us, and I humbly withdraw my belief that he was a revolutionary. Turns out he was a scam artist.
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I put a $5000 deposit on the Tesla Model S in 2009 — three years before I would receive the car. I also put $5000 worth of stock into the company. I'm sure you know the journey that stock has taken....
But I don't want to talk about the wealth that investment generated as much as highlight the forward-thinking nature of both Elon Musk and Alex Mashinsky. They are both visionary and are in their own ways the backbone of technological evolutions in the world.
No doubt more people know about Elon Musk, though. And for all the innovations he's helped bring to life, there are other significant innovators we need to pay tribute to — and even profit from. My eight-year-old Tesla Model S is still an amazing piece of technological innovation, and I proudly wear my SpaceX t-shirt as well. But what Mashinky is doing now is astounding and will impact the world in ways similar to cheaper ways to space, better batteries, and affordable electric cars.
I have known about Alex Mashinsky for decades, but in 2017, after some research and direct experience with his latest endeavor, I've come to appreciate him on the same level as Musk. In addition to being one of the first firms to develop the technology that provided Voice over IP, develop a pre-uber technology company, provide Wi-Fi internet service to the New York City Subway system, he has been working to equalize access to the internet and break through the walls of old, monopolized industries.
His latest endeavor is Celsius Network — a global P2P financial, decentralized platform that connects cryptocurrency owners with borrowers. Crypto holders can earn interest on their assets or receive cash loans. Users can earn unbelievable interest on their holdings while those deposits are used for loans to others at super low rates. The platform acts like a bank, but instead of offering .05% APY on your savings account or pay 22.9% interest on your credit card, users can benefit from compounded interest from 4% to 12% (depending on demand and the particular cryptocurrency) and loans for only 1% interest. That’s why their slogan is “Unbank Yourself.”
I've been earning major interest for years now, and the rates are only improving. Competition is kicking in, too, but a lot of the companies still want to charge fees and the like. But at this rate — five years from now — I can't imagine any bank will survive if they are not giving their customers 10% or more on their savings accounts.
There's truly a revolution happening. And just like my feelings about Elon Musk back in the mid-oughts that propelled my investment into Tesla, so goes my enthusiasm for Mashinsky and Celsius Network.
And that's why Flywheel Systems is here — to help you reap value out of these ground-breaking opportunities.
Flywheel Systems uses Celsius Network and other similar platforms to help maximize the return on its customers' deposits. If you'd like to know more about how we can help you earn amazing rates on your holdings or help you get set up on your own, contact us to get started.
If you'd like to explore Celsius Network on your own, use this referral link to earn an additional $40 in bitcoin with your first transfer of $400 or more.