This former financial advisor pivoted to teach advisors about crypto: 'A lot of folks are convinced it's a fad or it's a fraud'
— Conference, Productlk, Cnbcbitcoin, Expirewhat investors need, Digital assets, Maturing, Cryptocurrencies, Sees ahead, New asset class, Clients — 1 min read
Ric Edelman is a former independent financial advisor and founder of Edelman Financial Services. He founded a new company, the Digital Assets Council of Financial Professionals, to help the financial industry get educated on what he calls "the first major new asset class in 150 years" "Bitcoin will very likely be massively more valuable than it is today, along with a great many other elements of the digital asset community," he told CNBC. "It represents a wealth creation opportunity that we haven't seen in 35 years," Edelman said. "Crypto winter" refers to a major decline in the prices of bitcoin, Etherum and other digital assets, known as a 'crypto winter' Seven times in bitcoin's history, it has fallen in price by 70% or more. Source