Interview: Alex Mashinsky challenges Paris banks with Celsius

At Paris Blockchain Week Summit 2019, Alex Mashinky has set a clear goal: infiltrate the banking system with Celsius and pay higher interest than any other financial institution. In his long-documented discourse against the practices of banks, the VoIP innovator and MoIP (Money over IP) proponent has always pointed to the fact that the interest rate for deposits has decreased. Sometimes the amounts barely cover the annual inflation rate, which means that the clients get the mainstream finance e