Is Bitcoin Digital Gold? In this episode of “On Purpose, With Tyrone Ross,” we delve into Bitcoin narratives as financial advisors see them and examine the concept of Bitcoin as a store of value.
“Saying internet money… What else in my portfolio is like internet money? Hmmm …. “said independent investment advisor and ‘on purpose’ moderator Tyrone Ross, ‘but if you say’ digital gold ‘, okay … clients can wrap their heads around the digital part, they can wrap their heads around the gold part You probably already have gold in a portfolio, and then you can get asymmetrical returns and not correlate with other assets in the portfolio … bitcoin is mined and there is gold mining …. you can start these basic frameworks for the advisor to understand and them also makes it accessible to customers. “
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