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Podcast: Raoul Pal: The Journey Man
Episode: Liquidity Is the Key to DeFi's Growth
Description: With more than 100 million users worldwide and over $20 billion in assets under management, Celsius founder and CEO Alex Mashinsky is doing his part to move DeFi into the mainstream. Mashinsky emphasizes the importance of liquidity in reducing friction and lowering barriers to entry, critical objectives that will accelerate widespread adoption. He notes too that DeFi platforms like Celsius are able to offer yields around 6%, while traditional financial institutions are effectively at zero. Mashinsky’s team was among the first of crypto’s early adopters to pound the table for federal regulation on the theory that recognition and regulation by auth...