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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Future of Crypto: Asset-backed lending for crypto

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.13.9K Ratings

🗓️ 21 October 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

The future for cryptocurrencies is bright, but one thing that has held it back from being adopted by the masses is its ability to be used in the existing financial system.
As crypto continues to grow, today’s guest believes you’re going to need the ability to earn interest on your Bitcoin, to use your Bitcoin as collateral for a loan, and the ability to seamlessly transfer and integrate your Bitcoin holdings with the financial services that exist for other asset classes.
Zac Prince, CEO & Founder of BlockFi says, “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.”
Hosts Robert and Kim Kiyosaki are joined by Zac Prince to discuss why asset-backed lending is the future for this asset class, and how BlockFi is bridging the world of traditional finance and blockchain technology.

Special offer for listeners: For a limited time, get a bonus of up to $275 in BTC when you deposit $25 or more in crypto at BlockFi. Sign up here: https://blockfi.mxuy67.net/c/2481003/898926/10568
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Must remember do not forget.

0:07.8

Remind me to bring photo ID.

0:10.5

Reminder said.

0:12.8

Babe, can you make sure I don't forget my photo ID when I vote?

0:16.3

All right, love.

0:17.1

The way we vote is changing.

0:18.8

So, however you remember, you'll need ID to vote on the 4th of May.

0:22.8

Don't have ID.

0:23.7

Apply for a free voter ID.

0:25.6

Visit electoracommission.org.uk

0:28.5

SlashvoteRID.

0:31.1

Did you hear about Rich Dad's new podcast, Melania Money?

0:34.8

Don't you want the truth about money and not just the lies and media selling you?

0:39.3

Don't you want to control your own future?

0:41.8

Then join me, Alexandra Gonzalez-Gonesa,

0:44.4

as I interview the number one personal finance author in the world.

0:48.5

Robert Kiyosaki, as well as many of the world's greatest thinkers about money,

0:53.6

finance and the economy.

0:55.7

Robert and I will show you how the lessons of Rich Dad

0:58.5

Portad apply to the entire generation of millennials.

1:01.6

You won't hear the old advice of saving your money and getting 401k.

1:05.9

Instead, you will get real advice from the most successful people

...

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