Bitcoin price to soar to $160k as FOMO drives EM adoption, Musk’s influence wanes – Alex Mashinsky

This is part 1 of 2 of the full interview.

Alex Mashinsky, CEO of Celsius Network, is upgrading his Bitcoin price target.

“We may reach all the way to $160,000 this year. I’m sticking to that prediction,” Mashinsky told Michelle Makori, editor-in-chief of Kitco News (

El 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.

“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.

Follow Michelle Makori on Twitter @MichelleMakori (

0:00 – Bitcoin as legal tender
3:42 – Bitcoin: asset or cryptocurrency?
9:02 – Bitcoin price growth
19:00 – Elon Musk’s Bitcoin concerns
25:00 – Renewable energy
26:30 – Elizabeth Warren vs. Bitcoin
33:47 – Bitcoin ransomware
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  1. It’s a store of value? Oh and it’s going to take another 5 to 10 years. When I hear people say that I know they’re full of shit.

  2. It’s not a currency. You have to exchange it for another real currency in order to do business. Except for very few companies.

  3. And another thing when any salesperson knocks the competition or speaks a lot of the competition never buy from that person. You only buying a product or service because in and of itself is a worthy product. No one becomes a saint through the sins of others.

  4. Warren gets her great grandson to add an app to her phone… but she knows crypto? Right.

  5. everything I fully agree with but bitcoin is not a battary hence does not store energy.
    and 99.9% of money laundering is not prosecuted at all! and prosecutors love bitcoin. you can find a silkroad prosecutors interview here on yt.

  6. Yeah sure anything paltry irrelevant obscure El Salvador clutches on in desperation immediately turns to gold hahahaha …seriously? This is all the crypto crowd got? LoL

  7. :Bitcoin ecosystem” hahaha this guy is a stand up Comic…15K Btc flat no pulse for 3 years is coming

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