Ric Edelman is the founder of the Digital Assets Council of Financial Professionals (DACFP).In this episode, Edelman discusses the importance of financial advisors in the crypto space and emphasizes the need for advisors to understand and embrace crypto to serve their clients' best interests.OUTLINE0:00 Introduction04:46 Financial Advisors & BTC09:38 Bitcoin Adoption Curve14:02 Shifting FA Perspectives22:44 Logistics of BTC Allocation30:51 Updating Portfolio Thoery34:30 Ric's BTC Price Target38:01 Residual Skeptics42:28 Closing ThoughtsThis episode is brought to you by our sponsor PolkadotPolkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.networkThe Block CommunityThe Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunityThe Block NewslettersThe Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
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Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.