Zac Prince

Zac Prince, the founder of BlockFi, a crypto lender that managed $15 billion, shares his incredible journey from becoming a self-made billionaire at 35 to facing bankruptcy just a year later. He discusses the harsh realities of the crypto collapse and the lessons he's learned about equity and volatility. Transitioning to real estate, Zac reveals why he left the crypto space and his new role as CEO at RE Cost Seg, focusing on tax savings for investors. His insights on resilience in high-risk environments are both inspiring and thought-provoking.

BlockFi CEO Zac Prince testified in the trial against Sam Bankman-Fried. The defense argued that FTX's terms of service may not support the misappropriation claims. The prosecution claimed that misappropriation occurred due to fiduciary duty breach and material misrepresentations. The podcast discusses Alameda's use of customer fiat deposits, the defense's argument on rights and obligations, and the contradictions between FTX's terms of service and the defense's claims.

Zac Prince, CEO of BlockFi and a cryptocurrency expert, shares his insights on earning up to 9% interest on cash through crypto stablecoins. He discusses his innovative investment strategies, the unique features of BlockFi’s interest accounts, and the risks involved in crypto lending. Listeners can learn about the advantages of traditional finance versus decentralized finance, his portfolio tips, and the potential for Bitcoin and Ethereum in today’s market. Zac also dives into options trading strategies to enhance financial performance.

Zac Prince, CEO of BlockFi, and Mark Yusko, a major investor at Morgan Creek Capital, dive into Bitcoin lending and borrowing. They discuss how collateralization works and the risks involved, shedding light on BlockFi's strategies for safeguarding deposits. The conversation also explores the impact of institutional lending, market volatility, and the importance of robust risk management. Prince gives his perspective on future lending rates, while Yusko shares insights on the evolving cryptocurrency landscape and the potential of new financial innovations.

Zac Prince, Founder and CEO of BlockFi, talks about the benefits of using Bitcoin as collateral for USD loans, including minimizing capital gains taxes and interest deductions. They also discuss the global accessibility of debt financing and lowering interest rates for Bitcoin-backed loans. Additionally, they explore the use of stablecoins and the possibility of a BlockFi debit card. The podcast highlights the advantages of crypto-backed loans, such as tax benefits and the potential to hold more Bitcoin.