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Why Do Financial Advisors Hate Cryptocurrency?

Why Do Financial Advisors Hate Cryptocurrency?

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Welcome to Mindset! This is a show that is dedicated to honest, inspiring and thought-provoking conversations about money.

If you’ve ever watched a financial advisor talk about cryptocurrency, you may have noticed a twitch in their left eye and a mysterious increase in blood pressure. It's not an allergy—unless you count allergic reactions to volatility, memes, and 22-year-olds getting rich off dog coins. For the average advisor, crypto represents everything they’ve warned you about in PowerPoint presentations: unregulated, unpredictable, and entirely too influenced by Elon Musk’s Twitter account.

So, buckle up, because on this episode we dive into why that big vein bulges on the foreheads of financial advisors every time someone says, “Should I invest in Bitcoin?”

Show Highlights Include:

• Who’s Buying Crypto (5:00)

• We Don’t Like High Volatility (11:00)

• Everyone's Talking About XRP (14:30)

• Unproven Track Record Scares Us (17:30)

• We Like Security (21:45)

Listen Now!

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