“Crypto has become a haven for illegal activity. Warren also criticized cryptocurrencies for their involvement with illegal financings. “The arguments that Bitcoin is bad for the environment are just not true, if you want to build up new capacity, new, additional wind power, solar, hydro geothermal power, you need demand and what Bitcoin does better than almost anything else is that it creates that new demand renewable energy,” said Mashinsky. He addressed recent criticisms from Democratic Senator Elizabeth Warren that “Cryptocurrency has created opportunities to scam investors, assist criminals and worsen the climate crisis.” Mashinsky is the CEO and co-founder of Celsius a leading global cryptocurrency yield-earning platform which has also recently announced new investments of over $200 million in Bitcoin mining in North America through renewable resources. “Michael Saylor, Jack Dorsey, all the other people, you can see their conviction, you can see their understanding of the technical and the financial sides of this revolution,” said Mashinsky.
#Mashinsky miles plus
Mashinsky said that Musk has been publicizing Bitcoin for publicity reasons and not to help others generate wealth unlike those he calls “A plus ambassadors” “He does have a very strong following worldwide, but inside the Bitcoin community his influence is waning.”
“I call him a tourist because anybody who comes from fiat land to crypto land and is coming in here for the wrong reasons and then leaves for the wrong reasons, is a tourist,” he said. On the potential for influential figures like Elon Musk to move the Bitcoin market, Mashinsky said that Musk’s influence on the crypto space is waning. “So if we can get a Brazil, if we can get a Nigeria, if we can get countries with large populations to accept this as legal tender… you're going to see a huge explosion in the price because just the adoption of all those users is going to create tremendous new demand,” he said. I'm sticking to that prediction,” Mashinsky told Michelle Makori, editor-in-chief of Kitco News.Įl Salvador made history by being the first country in the world to adopt Bitcoin as legal tender, and other countries are bound to follow, Mashinsky said. “We may reach all the way to $160,000 this year. Now, he sees the world's largest cryptocurrency closing the year at $160,000.
On previous Kitco News appearances, Mashinsky had accurately predicted that Bitcoin would retrace $30,000 before climbing back to $70,000. (also note that I'm running the game on a potato, so instead of a large map I went for a small map + high industry density + 1 depot challenge.Alex Mashinsky, CEO of Celsius Network, is upgrading his Bitcoin price target. On the other hand, you don't build a complex car in Mashinky, while trying to keep a positive balance. To give a concrete example, look at - this complex station layout- (- same shot here in fancy view-). If you don't design it right, you will get traffic jams and all that stuff. So it's much more a puzzle of connecting up all the industry types, instead of calculating how many factories of A B and C you need.īut again, where the economic model has been simplified, the detailed track design becomes much more complex. It also really works well, instead of just focusing on the most profitable good, you need every type of resource. the economics are very simplified, the token system gives it a really board-game-y feel. Mashinky is completely the opposite, it is the game for those who liked the trains and complex stations/crossings of OpenTTD. RoI is about setting up complex production chains and distribution networks, not about the directions for a single truck or train. At first I was a bit dissapointed when I found out that RoI doesn't have complex rail layouts and stuff, but now I'm really glad they made that decision. I find that both games complement each other well.
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