Celsius and Monetary Cycles with Simon Dixon

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 fight for the free market. We discuss the fourth turning and the ending of the debt cycle. Simon explains how financial instability and economic inequality lead to societal unrest. We discuss how we are currently living through a fourth turning and what that means for society. We also touch on the fight for free markets. Simon explains how the rise of CBDCs could lead to the rise of communism. We discuss how Bitcoin is the best tool to fight to protect capitalism and liberty from the evils of communism. We stress the importance of a complex money standard and the benefits hard money provides society. Our final discussion topic centered around investing frameworks. Simon shares how he structures his portfolio to hedge against a multitude of outcomes. We finish by discussing the proper frameworks to build and maintain wealth. Please enjoy my conversation with Simon Dixon. -- This podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co

Episode 299 of the The Charlie Shrem Show podcast, hosted by UntoldStories, titled "Celsius and Monetary Cycles with Simon Dixon" was published on July 15, 2022 and runs 62 minutes.

July 15, 2022 ·62m · The Charlie Shrem Show

Summary

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 fight for the free market. We discuss the fourth turning and the ending of the debt cycle. Simon explains how financial instability and economic inequality lead to societal unrest. We discuss how we are currently living through a fourth turning and what that means for society. We also touch on the fight for free markets. Simon explains how the rise of CBDCs could lead to the rise of communism. We discuss how Bitcoin is the best tool to fight to protect capitalism and liberty from the evils of communism. We stress the importance of a complex money standard and the benefits hard money provides society. Our final discussion topic centered around investing frameworks. Simon shares how he structures his portfolio to hedge against a multitude of outcomes. We finish by discussing the proper frameworks to build and maintain wealth. Please enjoy my conversation with Simon Dixon. -- This podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co

Episode Description