Alex Mashinsky pointed to the Key security tips for developers, techies, R&D professionals, and for general security maturity, the R&D Security Golden Rules:  1. You are a target for hackers.  2.  Define security requirements (an appendix) for every project.  3.  Keep software up-to-date, and remedies security vulnerabilities (CVEs) 4.   Use libraries and frameworks from trusted sources.  5.  2FA, multi-factor authentication, and whitelisting as a standard.  6.  Never leave devices unattended.  7.  Encrypt and monitor sensitive data, keys, secrets.  8.  Backup your data securely, encrypted.  9.  Don’t save code and sensitive data in public reports and sources (Git, S3) – always make “private” and limit permissions. 10. Don’t use public random Wi-Fi.  11.  Report any suspicious behavior.

Alex Mashinsky recently discussed the debasement of our currency, and on whether or not it has already begun. He stated the mission of Celsius Network is to put unparalleled economic freedom in the hands of the people.  He calls investors and participants to join the revolution of unbanking yourself.

He also pointed to how it is possible to earn up to 15% APY on digital assets to take out a loan starting at just 1% APR when using Celsius wallet.

For clarity, “Unbanked” is an informal term for adults who do not use banks or banking institutions in any capacity.  Unbanked persons also typically do not have insurance, pensions, or any other type of professional money-related services.

People who are unbanked don’t use traditional financial services like credit cards and bank accounts; instead, they depend on alternative financial services, which are very expensive. Those underbanked tend to have bank accounts but still use cash and alternative financial services to make purchases.

The disadvantages of being unbanked are that it can get difficult to use savings accounts to build emergency funds and can’t be turned to time-saving tools for transactions like paying bills and transferring money.

Being unbanked can makes life more complicated, and things like cashing checks and paying bills become costly and time-consuming. Those who are unbanked must rely on check-cashing services to cash paychecks because they don’t have direct deposit. People are unbanked because they do not have enough money.  Many of them are not willing to trust banks, which is why they stay unbanked.

However, Alex Mashinsky is talking about the need to be unbanked for a different reason. If access to digital technology increases across all nations, the consequence of being unbanked can mean the usage of widespread crypto.