Exclusive: Halsey Minor Full Q&A on His New Company Uphold

Halsey Minor explains how he wants to get rid of all fees and make banking reliable and transparent with his new venture uphold.
Exclusive: Halsey Minor Full Q&A on His New Company Uphold
Halsey Minor, founder of Salesforce and Uphold, in New York, on Sept. 29, 2015. Benjamin Chasteen/Epoch Times
Valentin Schmid
Updated:

Halsey Minor has seen it all. He made millions founding tech legends like CNET.com and Salesforce.com in the 1990s. 

He then withdrew from the world plagued by a severe bout of depression which took him six years to overcome. He ended up losing his fortune when he declared bankruptcy in 2013.   

Because of his experiences with banks during his half a decade of suffering, he decided to change the consumer experience of money for good.

In this exclusive and in-depth interview, Halsey Minor told Epoch Times how Uphold (formerly Bitreserve) works for consumers by taking money into the cloud.

Epoch Times: What is Uphold?

Halsey Minor: This is really an institution of money and it should provide for consumers the ability to take hundreds of billions of dollars of costs out of the banking system. Over the long term it should provide an institution, which because it’s transparent, will always be fully funded.

So there’s no chance that people can lose their money by essentially putting their savings in an institution that collapses.

We took out all of the hundreds of billions of dollars of fees from the banking system.
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
Related Topics