Is THIS The Future of Bitcoin? BlockFi's Business Model (Robert Kiyosaki & Zac Prince)
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Is This The Future of Crypto? Passive Income With Bitcoin Through Asset-Backed Lending | Robert Kiyosaki & Zac Prince
0:00 - What is the key to success in cryptocurrency
0:17 - Zac Prince's background and how he ended up founding crypto fintech company BlockFi
1:02 - How fintech is disrupting the banking sector through innovation
1:33 - How BlockFi works: connect your bank account, ACH dollars, convert them into a stablecoin, earn high-yield interest every month.
2:44 - How BlockFi is able to offer 8.6% APY interest by leveraging the structural inefficiencies of the cryptocurrency sector
3:55 - Why we are still in the very early days of this asset class & why Bitcoin will take market share from gold
04:25 - Why the US is a good system compared to other financial systems and regulatory regimes, and why blockchain payment rails & the cryptocurrency sector are tearing down walls to access financial products and services.
In this video, we bring you an excerpt of the "Rich Dad" podcast with Robert Kiyosaki and Zac Prince, founder & CEO of crypto lending platform BlockFi. Zac explains why he believes people need the ability to earn interest on their Bitcoin, to use their Bitcoin as collateral for a loan, and the ability to seamlessly transfer and integrate their Bitcoin holdings with the financial services that exist for other asset classes. He explains why asset-backed lending is the future for the cryptocurrency asset class, and how BlockFi is bridging the gap between traditional finance and blockchain technology.
As he puts it, "BlockFi’s lending platform makes it easy for people to take out a crypto asset-backed loan. Customers can apply in less than 2 minutes and many of our clients go from application-to-funding in as few as 1.5 hours.”
#Bitcoin #RobertKiyosaki #BTC
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? Inspired by:
► The Future of Crypto: Asset-backed lending for crypto - Zac Prince, Robert Kiyosaki, Kim Kiyosaki by The Rich Dad Channel
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https://youtu.be/qLZCSBdJteo► How Much Bitcoin Should You Own? The Richest Bitcoin Owners
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https://youtu.be/MHHidZBAFRI► Bitcoin Price Prediction 2021 - Kiana Danial Reviews Bitcoin on FOX Business
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