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Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

How Cryptocurrency Loans Work with Zac Prince


In this episode, I sat down with Zac Prince, CEO of BlockFi, to discuss the importance of cryptocurrency loans. We talk a bit about how the process of loaning Bitcoin, Litecoin, and Ethereum works and why it is important to the space. We discuss a bit about taxes when loaning Bitcoin and how the value of these cryptocurrency loans are calculated.

Zac and I also discuss a bit about why someone would choose crypto loans over traditional loans.

You can learn more about BlockFi at


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  1. Trinity Foster

    June 24, 2019

    Great information.Thanks for posting.

How Cryptocurrency Loans Work with Zac Prince