
Celsius and Monetary Cycles with Simon Dixon
Kweku lee
Description
My guest today is Simon Dixon, CEO & Co-Founder of the online investment platform BnkToTheFuture.com who has invested over $1.7 billion in FinTech companies. Bnk To The Future is a global online investment platform that allows qualifying investors to invest in financial innovation, including fintech (Financial Technology) companies, funds, and other new alternative financial products. He is also the Fund Manager of Bitcoin Capital & author of the book 'Bank to the Future.' An active FinTech & Bitcoin angel investor with investments in BitPay, Kraken, BitPesa, and over 20 others. An ex-director of the UK Digital Currency Association & UK CrowdFunding Association. He regularly speaks on the future of finance to governments, businesses, investors, and financial institutions. An ex-investment banker that left corporate in 2006 to work on his book on the future of banking. Simon has been regularly quoted & appeared in major press & media outlets, including BBC, FT, CNBC, Reuters, Bloomberg, and Wall Street Journal. We discuss various topics, including Bitcoin, the Celsius Collapse, an Overview of Crypto Crash, Monetary Cycles, the Fight for the Free Market, and much more. We begin our conversation by discussing the various collapses throughout Crypto’s history. We begin our discussion by examining the Luna death spiral. Simon explains how Mt Gox unraveled and how they handled the situation. We discuss Bitfinex’s hack. Simon describes how the team behind Bitfinex used the lessons learned from Mt Gox and how they navigated the crisis better. We finish our conversation about crypto collapses by comparing and contrasting Celsius and Voyager. Simon explains how Voyager has been more transparent and adept at handling their crisis, while Celsius has done everything they can to obfuscate blame and act in bad faith. Simon discusses in detail how Celsius management did not have proper risk management and conducted themselves as an unregistered hedge fund. Our next major conversation topic centered around monetary cycles and the