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Frank Holmes says Celsius was “Ponzi”, functioned like Long-Term Capital, levered 100-1 (Pt. 2/2)

Frank Holmes, Chief Executive Officer of United State Global Investors, contrasted Celsius to the defunct Long-Term Resources Monitoring, and also called it a "Ponzi" scheme.

Celsius has actually filed for Phase 11, as previous investment manager Jason Stone is filing a claim against the company for purportedly running as a Ponzi.

View part 1 of the meeting on a coming Fed pivot:

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Adhere To Frank Holmes on Twitter: @bulldogholmes ()

#Bitcoin #Celsius #crypto
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Senator Warren calls Bitcoin a ‘scam’, threatens more regulation; Alex Mashinsky says she’s wrong

This is part 2 of the complete interview. View component 1 below:

At a current Us senate Financial Board hearing, Legislator Elizabeth Warren (Dem., Massachusetts) claimed that "cryptocurrencies have actually developed opportunities to fraud capitalists, assist wrongdoers, and get worse the climate dilemma."

Alex Mashinksy, CEO of Celsius Network () talks about with Michelle Makori, editor-in-chief of Kitco Information () why Legislator Warren is focused on the incorrect concerns.

Follow Michelle Makori on Twitter @MichelleMakori ()
Comply With Alex Mashinsky on Twitter @Mashinsky ()

0:00 – Celsius Network
14:20 – Insurance coverage against hacking
15:35 – Sen. Warren's comments on Bitcoin
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Bitcoin to end year at $100k so don’t waste it on payment – Alex Mashinsky doubles down

Bitcoin still has a lot of upside, claimed Alex Mashinsky, CEO of Celsious Network, who sees the cryptocurrency climbing to $160,000 before being up to finish the year between $90,000 to $100,000.

0:00 – IMF's Special Drawing Civil liberties
5:47 – Bitcoin fund moves vs gold
7:56 – Bitcoin vs real rates of interest
9:30 – Bitcoin as a kind of repayment
13:10 – Celsius Network
18:50 – Company tax increases
22:10 – Bitcoin's price
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Kitco Information is the globe's # 1 resource of metals market details. Our videos include meetings with noticeable sector numbers to bring you market-affecting insights, with the objective helpful people make notified investment decisions.

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25% of your portfolio should be gold, 5% bitcoin says inventor, venture capitalist Alex Mashinsky

The liquidity infused by the Federal Reserve amounts obtaining cash from future generations, stated Alex Mashinsky, Chief Executive Officer of Celsius Network.

Mashinsky, a venture capitalist, tech entrepreneur, and also very early programmer of narration IP technology, talks about bitcoin, blockchain, gold, and also the consequences of Fed stimulus.

0:22 – Bitcoin as type of payment
1:26 – Bitcoin as a store of worth
2:06 – Bitcoin's price pattern
3:41 – Investor belief
5:53 – Fed and also monetary stimulation
7:48 – Safe house properties and also property allocation
8:55 – The future of private enterprises
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Kitco News is the globe's # 1 source of metals market info. Our videos include meetings with popular sector numbers to bring you market-affecting understandings, with the goal helpful people make notified financial investment decisions.

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