From Bears to Bulls: Financial Advisors Change Opinions About Bitcoin After Crash Course
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From Bears to Bulls: Financial Advisors Change Opinions About Bitcoin After Crash Course

THELOGICALINDIAN - Financial admiral alone charge to be accomplished on Bitcoin BTC to about-face from skeptics to believers

Ric Edelman staged a Blockchain and Cryptoasset Pre-Event with Barron’s Top Independent Advisor Summit ten canicule ago. The accident offered banking admiral Continuing Education Credits and was sponsored by above blockchain and cryptocurrency players Kingdom Trust, Bitwise Investments, Blockforce Capital, Fidelity Digital Assets, Grayscale Investments, Orion Advisor Services, Pantera Capital, State Street Global Advisors, and Van Eck. It was presented by The Advisor Blockchain and Crpyoassets Council.

At the event, no beneath than 155 of the United States’ “top banking admiral and influencers in the agenda asset space” underwent a half-day of training and apprenticeship pertaining to broadcast balance technology and cryptocurrencies / agenda assets. Most of them went in as bears but came out as beasts — if an official press release is to be believed.

bitcoin bull

Newfound Bitcoin Bulls

According to said release, “virtually every accommodating adviser (96%) who completed a analysis said they do not acclaim cryptoassets to audience and about eight in 10 (79%) do not plan to do so,” afore the event.

Afterward, 89 percent captivated added favorable angle appear cryptoassets and no best advised Bitcoin (BTC) bald speculation. 82 percent, meanwhile, claimed they were added acceptable to acquirement cryptocurrencies. 71 percent larboard assertive Bitcoin would ability college prices than they initially expected. Perhaps best importantly, 91 percent declared that they would cease black their audience from purchasing cryptocurrencies.

Interpreting the results, Edelman stated:

Who would’ve anticipation that a little ability on the accountable would about-face banking admiral into Bitcoin bulls? Now, they aloof charge to apprehend the whitepaper.

What do you anticipate about banking admiral alteration their opinions afterwards a half-day of Bitcoin education? Let us apperceive your thoughts in the comments below! 

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