On The Brink with Castle Island cover image

Ric Edelman on The Truth About Crypto (EP.321)

On The Brink with Castle Island

CHAPTER

Is There a Dynamic in Cryptocurrency?

Most advisers and most firms are sitting on the side lines. They are not seeing any compelling reason to disrupt what they got, which is a good thing going. The average age of financial advisers is now 62. We have now had more c f ps over the age of 70 than under the age of 30. And in many areas, regulatorily, unproven, untested. There's a myth that there's no regulation. Totally untrue. A lot of folks have an attitude of why disrupt us? Why mess it up? Why risk my reputation? Because if i put a client into bitcoin and bigcoin blows up,why would i want to put myself at risk of antagonizing my client

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