A Celsius Network community member pointed to how they have been growing and on how it is that they have to just have to love the way and how much the network is growing. The project is expected to be the future of banking in just a few years. He stated that they listen to the community and try to do everything. Further, he requested all the community members about why they will always be the best. He concluded the pat talk stating keep up the good work guys.
Alex Mashinsky, Founder at Celsius Network in his recent tweet stated: “If you missed my AMA here is a link. Tell me if you agree with my analysis of why Warren Buffett sold Banks and bought Gold. We added PAXG and XAUT, they yield 4.5% so this is one of the few times you can do better than Buffett.” He pointed the users to the You Tube Link.
Though not all were able to point fault to what Alex had to say one of them replied stating, I could nitpick, but I mostly agree with how you presented it. Also, it’s almost comical that he got rid of the airlines that Munger counseled him never to buy.
Some of them were asking about when PAXG will be available in the US.
Celsius Network permits buying coins and earning interest on your crypto and instantly borrowing dollars at 1% APR against it. No fees ever. The 1% cash loans are the lowest loan rates in the industry. It is possible to make use of crypto as the collateral to borrow dollars and stable coins at the lowest rates starting at 0.70%
Sydney Ifergan, the crypto expert tweeted: “Celsius Network are sharing nearly 80% of their revenues with the Celsius community in the form of weekly interest payments. And, all users earn up to 10% subject to terms, looks like instant gratification.”
Celsius Network firmly believe in that they can do well after they do good for the community. The users who pay the lowest interest on loans are feeling good because up to 80% of Celsius revenues get shared with their depositors and not their shareholders.
Celsius Network (CEL) Have Crypto and Still Earn
Being about to have the crypto and also earn at the same time is a great offer.
Alex Mashinsky early this month wrote about utility over decentralized finance: DeFi vs. CeFi. In conclusion, he stated, CeFi can offer DeFi lessons in utility over protocol with semi-centralized solutions to help create stable fintech solutions and also to keep the rates paid to users. Eventually, despite higher and lower volatility make it possible to onboard several institutions who might not be comfortable with the space today.
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