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Financial advisors in the US are finally warming up to Bitcoin

The Scoop

NOTE

Value of Bitcoin and Traditional Asset Valuation

Traditional asset valuation methods do not apply to Bitcoin as it is a new asset class without traditional metrics like revenue or profit. Advisors are recognizing the need to change their approach to understand and invest in Bitcoin, moving away from methodologies like Warren Buffett's and exploring new perspectives to grasp the value of cryptocurrency.

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