Does your financial advisor speak crypto?

It’s pretty much impossible to avoid frequent headlines declaring that Bitcoin or some other new cryptocurrency is the gold standard of the new world of digital assets. Nobody wants to miss out on a gold rush, but Bitcoin isn’t gold, and neither are its rival protocols such as EthereumSolana, or FTX Exchange Token. However, just as with gold mining, crypto mining involves expending energy to acquire something that, depending on the coin’s inflation schedule, may have finite availability.

As of March 2022, there were more than 12,000 cryptocurrencies that facilitate peer-to-peer transfers of data and value.1 Where does this leave the individual who believes in the future of these crypto-assets but can’t figure out how to invest in them?


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