{"id":119002,"date":"2019-11-25T12:33:17","date_gmt":"2019-11-25T12:33:17","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=119002"},"modified":"2026-04-26T15:46:58","modified_gmt":"2026-04-26T14:46:58","slug":"celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain\/","title":{"rendered":"Celsius CEO Alex Mashinsky talks crypto lending and why Bitcoin won&#8217;t be the &#8220;winning&#8221; blockchain"},"content":{"rendered":"<p>CryptoSlate recently had the opportunity to chat with <a href=\"https:\/\/cryptoslate.com\/companies\/celsius-network\/\">Celsius Network<\/a> CEO <a href=\"https:\/\/cryptoslate.com\/people\/alex-mashinsky\/\">Alex Mashinsky<\/a>. Mashinsky is a serial entrepreneur and founder of seven NYC based startups, having raised over $1 billion and exiting over $3 billion.<\/p>\n<p>Celsius was recently in the news for having surpassed <a href=\"https:\/\/cryptoslate.com\/celsius-network-surpasses-4-billion-in-crypto-loans\/\">more than $4 billion<\/a> in crypto loans \u2014 a 93 percent increase from the $2.2 billion at the beginning of 2019.<\/p>\n<p>In our interview with Alex, we discussed why he built Celsius, the risks of using crypto lending platforms, the challenges of building an app for crypto users, and why Mashinsky believes Bitcoin will <em>not<\/em> be the winning blockchain.<\/p>\n<p dir=\"ltr\"><strong>For more information:<\/strong><\/p>\n<ul>\n<li dir=\"ltr\">Learn more about <a href=\"https:\/\/cryptoslate.com\/companies\/celsius-network\/\">Celsius Network<\/a><\/li>\n<li dir=\"ltr\">Learn more about\u00a0<a href=\"https:\/\/cryptoslate.com\/people\/alex-mashinsky\/\">Alex Mashinsky<\/a><\/li>\n<li dir=\"ltr\">Calculate how much <a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a> or <a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a> you could earn from Celsius Network<\/li>\n<\/ul>\n<p><em>Disclosure: Celsius is an advertiser on CryptoSlate but this is <strong>not<\/strong> a sponsored story.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CryptoSlate recently had the opportunity to chat with Celsius Network CEO Alex Mashinsky. Mashinsky is a serial entrepreneur and founder of seven NYC based startups, having raised over $1 billion and exiting over $3 billion. Celsius was recently in the news for having surpassed more than $4 billion in crypto loans \u2014 a 93 percent [&hellip;]<\/p>\n","protected":false},"author":732,"featured_media":119420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,10085,60035,29],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Celsius CEO Alex Mashinsky talks crypto lending and why Bitcoin won&#039;t be the &quot;winning&quot; blockchain<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celsius CEO Alex Mashinsky talks crypto lending and why Bitcoin won&#039;t be the &quot;winning&quot; blockchain\" \/>\n<meta property=\"og:description\" content=\"CryptoSlate recently had the opportunity to chat with Celsius Network CEO Alex Mashinsky. Mashinsky is a serial entrepreneur and founder of seven NYC based startups, having raised over $1 billion and exiting over $3 billion. Celsius was recently in the news for having surpassed more than $4 billion in crypto loans \u2014 a 93 percent [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-25T12:33:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-26T14:46:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/alex-mashinsky-celsius-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"CryptoSlate Interviews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CryptoSlate Interviews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/celsius-ceo-alex-mashinsky-talks-crypto-lending-and-why-bitcoin-wont-be-the-winning-blockchain\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/cryptoslateinterviews\/#person\",\"name\":\"CryptoSlate Interviews\",\"url\":\"https:\/\/cryptoslate.com\/author\/cryptoslateinterviews\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/cryptoslateinterviews\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/cryptoslateinterviews\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/09\/cryptoslate-logo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/09\/cryptoslate-logo-300x300.jpg\",\"caption\":\"CryptoSlate Interviews\"},\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},\"headline\":\"Celsius CEO Alex Mashinsky talks crypto lending and why Bitcoin won&#8217;t be the &#8220;winning&#8221; 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