#8: Crypto expert Zac Prince, joins Chris to talk about how to earn 9% interest on cash through crypto stablecoins. They also discuss Zac’s favorite investing hacks, his crypto portfolio advice, Bitcoin, Ethereum and other different crypto tokens Zac invests in.

Zac Prince (@blockfizac) is the CEO of BlockFi, a crypto-first banking platform that lets you earn interest, borrow cash, and trade crypto. BlockFi is one of the fastest growing fintech companies ever and currently lets you earn up to 9% on your cash using crypto.

[Note: Since this episode aired, BlockFi has halted withdrawals and I can no longer recommend using them, but I've decided to keep the episode up]

Full show notes available at: https://www.allthehacks.com/blockfi-zac-prince

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Resources Mentioned

Connect with Zac : Twitter | LinkedIn

Get your bills negotiated: BillShark | Trim

Grow your wealth: $5,000 Managed Free at Wealthfront

Options Income Strategies: Article from SeekingAlpha

Full Show Notes

(01:42) How Zac ended up running BlockFi

(03:35) How BlockFi pays high interest rates on cash

(06:50) Risks of putting money in a BlockFi account

(08:09) How BlockFI lends out about $70-80 for every $100

(09:31) BlockFi automation and risk reduction for bitcoin

(11:08) BlockFi's uniqueness in interest-paying platforms

(13:09) DeFi vs. BlockFi: Comparing payout potentials

(14:30) BlockFi's scale and valuation journey

(15:27) Should crypto be part of your investment?

(18:45) Mainstream adoption timeline for cryptocurrency

(21:42) Traditional banks and their crypto hesitations

(23:06) Stock options: Leveraging for wealth growth

(27:21) Credit score's role in saving money

(28:17) Outsourcing bill negotiation for savings

(29:32) The world’s first Bitcoin rewards credit card

(34:14) Navigating cryptocurrency variety: Three categories

(35:46) Exploring stablecoin applications

(36:19) BlockFi CEO’s cryptocurrency portfolio

(37:04) Ethereum: Betting on the blockchain future

Connect with All the Hacks

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Chris Hutchins: Twitter | Instagram | Website | LinkedIn

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"The Awful" w/ Kevin Kirkpatrick