Financial advisors have a hard pivot ahead of them. They have to acknowledge that Bitcoin is valuable, but have to excuse their denigration of it the past 15 years.
Discussion
Potatoes
Too late for mine. Fired them last month.
My fatherās FA literally told him to āask your son how to buy bitcoin, because I canāt do it for youā and the. Told him itāll be 150k by EOY. Bearish
Financial advisors, are simply not neededš¤·š»āāļø. Any spare FIAT is to be exchanged for Bitcoin. This IS financial adviceš„³.
Sucking down their pride and stubbornness is a tough job
They will pin it on lack of ETFs / self custody risk and lack of regulatory clarity. Honestly, itās a pretty solid excuseā¦but the window of excusability is closing
Yep
Yes and amen. There is going to be a low of eating crowā¦ #guilty
What I deal with on a daily
Met a finance bro who worked for a hedge fund and my wife asked if they bought the recent bitcoin dip, the question was quickly met with a snarky laugh and a hard NO. I donāt see em changing their tune anytime soon!
I think that's their business as usual.
Same goes to politicians and TradFi bros who were shilling Bitcoin as the greatest scam of all times. How will they pivot out of that narrative? Iām sure they will and people will forget because most of the people still do not get it.
They will likely lose many clients if they refuse to advise which bitcoin treasury to buy š