06.07.2022 - Bitcoin
What every Financial Advisor should know about Bitcoin
Presented by Brett Munster, OnRamp
Join crypto expert Brett Munster to learn how the open source protocol of blockchain technology is beginning to change the financial industry and how we transfer value. Bitcoin’s blockchain, which allows for peer to peer transactions and the elimination of middlemen, is inextricably linked to bitcoin the financial asset, who’s monetary policy is the exact opposite of fiat currency. Thus, for the first time in history, bitcoin weaves together the currency feature with a payment system without the need for centralized institutions. As a result, demand for this incredibly scarce asset which has historically been uncorrelated with traditional asset classes, is on the rise throughout the world.
Before the webinar, I knew -0- about Bitcoin, other than hearing about it periodically from my son and a few other 'young' investors. This was very good information to help me better understand what it is all about - well done.
- Kevin
Differentiating currencies from smart contract platforms is a helpful clarification for clients. Also, the short vs. long-term perspectives are vital for consideration in any portfolio, and stressing the speculative nature of young assets as a basic premise is paramount before consideration by any investor.
- Rosemary
Very much appreciated discussion of diversification and risk in light of modern portfolio theory.
- Marian