On Purpose, With Tyrone Ross
58 episodes - English - Latest episode: about 2 years ago - ★★★★★ - 30 ratingsThe rules are changing for growth-focused investors – but what comes next? Join independent registered investment adviser Tyrone Ross as he explores, educates and explains the emerging world of bitcoin and cryptocurrency for the modern financial professional.
This show is for advisers, by advisers on all things crypto and we appreciate you.
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Episodes
What Now? What Should Advisers Be Thinking About After the Crypto Meltdown
July 21, 2022 17:49 - 18 minutes - 16.7 MBThe bear market has brought a mass of unrest within the crypto sector. Certainly, with the crypto sagas progressing amid endless news about mismanagement of finances, token manipulation, bankruptcy, debt and lawsuits, the bitcoin-crypto attackers are all encompassing. However, if you are in the crypto industry, especially if you are a financial adviser, this is a time of opportunity. Listen as "On Purpose" host Tyrone Ross discusses the path forward through the crypto quagmire an...
Lending Just Got Decentralized
June 08, 2022 00:28 - 25 minutes - 22.9 MB"It's about the permissionless innovation that is possible... it's about the fact that users can take their tokens from us and use them on some other exchange that we didn't build at all," Blake West says. Michael Sall and Blake West, co-founders of Goldfinch, join "On Purpose" with host Tyrone Ross to discuss how their company plans to make borrowing accessible to everyone in the decentralized world. For years, people have looked to big banks for how financial lending and borrow...
By Any Means Necessary
May 26, 2022 09:00 - 11 minutes - 10.4 MBCrypto can wait and portfolio assets don't matter if we don’t fix this problem. “On Purpose” host Tyrone Ross expresses his pain and shares his frustration with the recent mass shooting at a Texas elementary school. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code ONPURPOSE15 to get 15% off yo...
Blockchain Without Borders
May 24, 2022 22:57 - 19 minutes - 17.6 MBThere's no doubt that the crypto space is experiencing explosive growth even with the latest volatile upheaval. However, this growth is happening away from traditional financial advisers. With platforms like Uniswap, Coinbase, Robinhood, and Metamask, you don't need permission to get started. Everything you need is right in the palm of your hand. Right on your phone. Permissionless! This makes it easier than ever for people to self custody. You don’t need to go through an advise...
Bitcoin Needed to Get Its Face Ripped Off
May 18, 2022 20:20 - 27 minutes - 25.4 MBWhat we are seeing now in the markets and in crypto needs to happen. It is no surprise that bitcoin is weathering the storms in its way. The cryptocurrency was created to be an alternative currency, and it's doing just that – providing stability during times of economic chaos, withstanding everything from pandemic to worries over supply chain interruptions and market volatility. This is what everyone asked for: a bitcoin track record. “On Purpose” host Tyrone Ross provides his “...
Let’s Chat About NFTs
April 26, 2022 17:58 - 18 minutes - 16.5 MB“On Purpose” host Tyrone Ross provides a high-level overview of NFTs for financial advisers. He covers big players like NBA Top Shot and Bored Ape Yacht Club, platforms to pay attention to and financial trends in the NFT space. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code ONPURPOSE15 to get ...
Six Key Crypto Data Points, and Why They Matter
April 21, 2022 19:23 - 20 minutes - 18.9 MB“On Purpose” host Tyrone Ross provides a set of data points that he believes every financial adviser and client should know. Ranging from blockchain gaming trends, large trades in bitcoin and publicly traded companies with crypto, this data helps to provide insights into regulation, custody and volatility concerns that advisers may hold. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fa...
Crypto’s Impact at the Exchange ETF Conference
April 19, 2022 20:56 - 16 minutes - 15.5 MBOn this episode of “On Purpose,” host Tyrone Ross recounts his experiences at the Exchange ETF Conference in Miami. He notes the extensive crypto coverage at different panels, focusing on the promises of the technology and the hurdles that need to be overcome before advisers are ready to integrate crypto into their practice. - Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving wor...
First Expose, Then Educate and Empower
April 14, 2022 18:32 - 18 minutes - 17.3 MB“Crypto is inherently diverse. Representative, equitable, fair, this is what people care about. This is why they are driven to it.” The accessibility of crypto is driving many first-time investors to crypto instead of traditional markets. On this episode of “On Purpose,” host Tyrone Ross explains the importance of comprehensive financial education and the best techniques to help those first starting in investing. He then provides insights into the Ariel-Schwab Black Investor Survey 2022, r...
Gen Z and Millennials Need Financial Advice, Too
April 12, 2022 15:13 - 30 minutes - 27.7 MB“I get that some advisers don't believe in [crypto]. But that doesn't mean that you don't learn about it,” says guest Treyton DeVore. AllStreet Wealth co-founders Treyton DeVore and Thomas Kopelman join “On Purpose” with Tyrone Ross to discuss advising the next generation of investors: millennials and Gen Z. This younger demographic stands apart from the older generations in their goals and interests. What should advisers need to know to best serve these clients? Crypto is a finan...
From TradFi to DeFi, an Inside Look at a Crypto Investment Firm
April 07, 2022 22:53 - 22 minutes - 20.2 MBThejas Nalval, co-founder and chief information officer of Parataxis Capital, joins today’s episode of “On Purpose” with host Tyrone Ross. Nalval explains his journey from equity trading at Goldman Sachs (GS) to founding an investment firm focused solely on the digital asset sector. Crypto is developing an asset class pertinent to deviations in both strategy and behavior from what traditional investors might be used to. Nalval dives into benchmarks and strategies that investment m...
Behind the Scenes of Clearing and Settling Crypto Transactions
April 05, 2022 19:20 - 21 minutes - 19.5 MBThe transparency inherent in the crypto industry makes it easy for advisers to see all the inner workings of crypto assets. But seeing all that complexity can at times be overwhelming, and not always useful to the adviser. Is there a way to simplify the behind the scenes of clearing and settling crypto transactions? Rosario Ingargiola, CEO of decentralized financial markets infrastructure company Bosonic, joins “On Purpose” with Tyrone Ross to explain how to make crypto investing...
PlannerDAO, the DAO Built for and by Financial Advisers
March 25, 2022 00:00 - 23 minutes - 22 MBJoining “On Purpose” with host Tyrone Ross are Steve Larsen and Adam Blumberg. The pair founded PlannerDAO, a decentralized autonomous organization (DAO) for financial service professionals. The guests assess how far the wealth management industry has come in terms of embracing crypto and what barriers need to be overcome before mass adoption. Larsen and Blumberg believe that education for financial advisers on crypto topics is crucial. They’ve taken it even one step further and ...
Biden’s Executive Order and More Regulatory Updates
March 22, 2022 21:08 - 24 minutes - 22.2 MBThe much-anticipated executive order from U.S. President Biden’s administration outlining an approach to crypto regulation arrived this month. As Tyrone Ross puts it, the order is “all bark and no bite,” and a promising step forward for increased regulatory clarity without excessive restrictions. On this episode of “On Purpose,” Ross dives into a regulatory-themed update for those in the wealth management industry. Ranging from Biden’s crypto executive order to the Securities and E...
The Unique Aspects of Digital Asset Management
March 17, 2022 23:07 - 21 minutes - 19.4 MBManaging digital assets comes with unique challenges that do not arise in traditional assets. What are the biggest differences, and how can asset managers prepare for them? On this episode of “On Purpose” with Tyrone Ross, Mikael Johnson of accounting firm KPMG explains the unique aspects of digital assets that directly affect a wealth manager. He addresses some of the findings in KPMG's recent report “Crypto as an Asset Class: What Asset Managers Should Know Before Going Crypto.” ...
Are Investment Advice Apps the Future?
March 15, 2022 22:14 - 22 minutes - 20.9 MB“There are millions of people who want to invest and want to get started in crypto. They just need the right set of tools to do it.” Michael Doniger of MoneyLion joins “On Purpose” host Tyrone Ross to emphasize the importance of education, access and tools for financial services. MoneyLion, a platform to help navigate finances, strives to create products to help all Americans have access to budgeting and investing services. Apps and online services are popping up to provide a new ...
Where Crypto Fits in Wealth Management
March 01, 2022 23:11 - 18 minutes - 17.3 MB“They all want to know, what can they do? How can they do it? Is there an easy way to do it? What's the best step?” On this episode of “On Purpose,” host Tyrone Ross takes a look into the current wealth management landscape from the perspective of all types of advisers including Registered Investment Advisors, independent broker-dealers, wirehouses, banks and more. Education, access and tools for crypto are critical for advisers as clients increasingly have an interest in crypto. ...
The ETH Rundown for Advisers
February 18, 2022 00:05 - 20 minutes - 18.5 MBNon-fungible tokens (NFT). Decentralized Finance (DeFi). Decentralized applications (dapp). Stablecoins. What do all of these terms mean, and why might clients be interested in them? While the ETHDenver conference takes place, host Tyrone Ross takes this episode of “On Purpose” as an opportunity to help bring advisers up to speed on all things Ethereum. If they do not already, clients will soon have some form of Ethereum assets in their portfolio. What wallet will they be using? ...
Education and Innovation in DeFi and Web 3
February 09, 2022 09:00 - 27 minutes - 25 MB“The market will go up and down, but I am going to be here.” Jeff Garzik has been a prominent figure in the crypto industry for a long time, starting with his involvement as an early Bitcoin Core developer to his work with Vesper today, aiming to create a safe and secure gateway experience for new users to decentralized finance (DeFi). He has also expanded his efforts towards a TV show in the works, building houses and founding a trucking startup. On this episode of “On Purpose,” ...
Where Do Financial Advisers Stand on Crypto? Inside Bitwise’s 2022 Benchmark Survey
January 25, 2022 08:00 - 24 minutes - 22.6 MB“I think getting smart on crypto is one of the biggest business development opportunities for advisers of the next handful of years.” Joining “On Purpose” host Tyrone Ross is Matt Hougan, CIO of crypto asset manager Bitwise. Hougan and Ross discuss Bitwise and ETF Trend’s joint benchmark survey of adviser attitudes towards the crypto asset class. The report surveyed over 600 advisers and revealed key indicators of the Registered Investment Advisor (RIA) industry’s perceptions of crypto. ...
Advisers, Pay Attention to Stablecoins
January 18, 2022 23:17 - 22 minutes - 20.6 MBIt’s time for the wealth management industry to pay attention to the exploding ecosystem of stablecoins. At the same time, host Tyrone Ross explains: “Advisers just can’t jump into this stuff without knowing the counterparty risk, smart contract risk and understanding all of the things that come along with DeFi.” This episode of “On Purpose” serves as a primer on stablecoins for financial advisers. What are they and where do they fit into the wealth management space? What are the...
Regulation, Web 3, Billing: Predictions for 2022
January 13, 2022 18:08 - 22 minutes - 20.2 MB“By the end of the year, all of the notable RIAs in this space are going to be in. I don’t necessarily mean allocating, but just doing something whether it’s education, webinars, tax planning, estate planning." In this episode of “On Purpose,” host Tyrone Ross dives into his predictions for crypto and the wealth management industry in 2022. Perhaps this will be the year for regulation in areas like stablecoins, investor protections and securities designations. How would this change...
State of the Union Part 2: Education, Access and Tools
January 06, 2022 17:36 - 19 minutes - 17.6 MB“Onramp does write three things: education, access and tools. ‘E.A.T.,’ we help the RIA space eat.” In this second part of “On Purpose” host Tyrone Ross’ state of the union episode, Ross explains how Onramp aims to help registered investment advisors (RIAs) integrate crypto into their services by providing education, access and tools. As crypto as an investment class quickly becomes too big to ignore, advisers need to understand how the introduction of crypto alters the core four...
Tyrone Ross’ State of the Union: Onramp’s Story
January 04, 2022 08:00 - 17 minutes - 16 MB“The crypto space and the traditional financial advisor space, they don't speak the same language, they're dancing to a different beat. Onramp needs to be the DJ.” In this episode of “On Purpose,” host Tyrone Ross recounts the origin story of Onramp Invest. From Onramp’s founding principles to its impact to today, Ross covers the key moments in the company’s history and how it changed both the crypto and financial advisor industries. This show is produced, announced and edited by ...
A Crypto Future Is Coming for Investment Advisers
December 21, 2021 22:46 - 20 minutes - 18.8 MBLast week, “On Purpose” host Tyrone Ross envisioned the future integration of crypto with the registered investment adviser (RIA) industry. Ross touched on an on-chain financial future where clients’ financial plans, estate plans and assets will all be on-chain and even navigated and altered from their phones. This time, Ross goes deeper into the operational ways the RIA of the future may work and interact with clients. Everything from account generation to billing, from funding to...
A Crypto Future Is Coming for Investment Advisers.
December 21, 2021 22:46 - 20 minutes - 18.8 MBLast week, “On Purpose” host Tyrone Ross envisioned the future integration of crypto with the registered investment adviser (RIA) industry. Ross touched on an on-chain financial future where clients’ financial plans, estate plans and assets will all be on-chain and even navigated and altered from their phones. This time, Ross goes deeper into the operational ways the RIA of the future may work and interact with clients. Everything from account generation to billing, from funding to...
RIA of the Future
December 14, 2021 08:00 - 21 minutes - 19.6 MBOn this episode of “On Purpose,” host Tyrone Ross envisions the future of the Registered Investment Advisor (RIA) industry. A shift in clientele is set to occur as the baby boomer generation passes the baton to the millennials. The wealth management industry, as it stands today, is not prepared for the millennial client of the future. As phones continue to permeate more and more aspects of daily life, Ross says the RIA of the future is on the phone, on an app. Clients will hold the...
Keeping Up With the DAO Joneses
December 02, 2021 14:20 - 19 minutes - 17.8 MB“Crypto in and of itself represents access. It represents freedom. It represents inclusion and digital social justice.” “On Purpose” host Tyrone Ross returns from a Thanksgiving holiday to provide an introduction to the macro landscape in the Registered Advisor (RA) industry. As the emerging crypto industry continues to increase its relevance to clients, advisers need to be up to date on topics such as decentralized autonomous organizations (DAO), the metaverse, Web 3, decentralize...
Bitcoin, the Evolving Organism
November 24, 2021 03:38 - 28 minutes - 26.5 MB“I love this space and all its rough edges, evolutions and spits and spats. It’s a reflection of humanity.” Jeff Garzik joins “On Purpose” host Tyrone Ross for a wide-ranging conversation on all things bitcoin. Listeners get a peek into Garzik’s journey, from his involvement in the initial stages of web journalism, to his work as an early Linux kernel developer, to his contributions to Bitcoin Core. At one point, Garzik was even the third most prolific Bitcoin Core contributor. ...
The Future of Wealth Management Is Non-Custodial
November 16, 2021 18:43 - 24 minutes - 22.3 MB“The future of wealth management is a non-custodial plus discretion relationship.” Host of “On Purpose” Tyrone Ross recaps his lessons learned from spending the past few weeks travelling and speaking with bank executives, RIAs, broker dealers and financial advisers across the country. Those who are already sold on crypto will resonate with Ross’ sentiment that many of the largest institutions are reluctant to embrace crypto in any capacity. Regardless of their reluctance, clients ...
What a Decade in Crypto Teaches You
November 10, 2021 04:40 - 21 minutes - 19.4 MB“I think there is a new age of wealth coming… a massive transformation of wealth that’s occurring right now from Baby Boomers to their children.” Sean Ristau of FinTech infrastructure company Prime Trust joins “On Purpose” host Tyrone Ross for an in-depth discussion of the growing intersection between technology and finance. Ristau sees an incoming new age to finance as the next generation takes over and sees crypto as pivotal in that shift. For advisers looking to dive into crypt...
Getting Ahead in Crypto Education, With Amber McLeod
November 02, 2021 18:11 - 18 minutes - 17 MB“If you're just now getting started, you’re behind.” “On Purpose” host Tyrone Ross is joined by Amber McLeod, director of customer success at Onramp Invest for a conversation on adviser education in all things crypto. Whether an adviser is starting at ground zero, ready to trade or a full-blown crypto believer, there is always more to learn and a bevy of educational resources to draw from. In the crypto investment class, clients also bring varying levels of understanding, from tho...
Billing for Advisers Can Be ‘Smart,’ Too
October 26, 2021 20:28 - 25 minutes - 23.3 MB“You’re moving from a very slow, archaic world into a fast-moving world. There’s a lot to bridge there.” Lacey Shrum, CEO of Smart Kx, joins “On Purpose” host Tyrone Ross to discuss the improvements technology can make in the adviser space, starting with the modernization of the billing process. A smarter billing system improves compliance, transparency and transaction speeds. Instead of billing once per quarter, advisers can work according to clients’ needs to bill monthly, weekly...
Paxful’s Ray Youssef on Digital and Financial Social Justice
October 12, 2021 20:22 - 34 minutes - 31.2 MB“On Purpose” host Tyrone Ross is joined by Ray Youssef, CEO of Paxful. Youssef brings history-backed answers to philosophical questions about the true value of money and how corruption has wormed its way into financial systems. He introduces some historical analogs to peer-to-peer networks and delves into how his own personal history led him to founding Paxful. Youssef describes Paxful as a “barter for money,” where users can exchange among 400 different payment forms, ranging from...
How to Advise Crypto Natives: ‘Disrupt or Be Disrupted’
September 28, 2021 08:00 - 23 minutes - 21.7 MB“On Purpose” host Tyrone Ross is joined by Akin Sawyerr, Chief Innovation Officer at Onramp Invest, to discuss the changing financial landscape and associated transformation of the scope of advisers’ work. As wealth shifts from boomers to millennials, advisers need to stay on top of the developments to best assist their clients. Millennials pose two existential threats to the current adviser systems: the financial crisis of 2008 imbued the generation with a fundamental distrust of ...
Advisors Can’t Avoid DeFi
September 17, 2021 08:00 - 19 minutes - 18.3 MBThe biggest piece of advice for advisors: “Be conversant, listen, learn and lead.” Join “On Purpose” host Tyrone Ross as he addresses the recent inflection points changing the Registered Investment Advisor (RIA) space. In today's technology-focused era, zero-point-something bank account yields are no longer the most sound investment vehicles. Investors, especially the up-and-coming younger generation, are bound to ask about decentralized finance, or DeFi, and how it’s possible to a...
The Importance of Long-Term Conviction When Investing in Bitcoin
July 20, 2021 13:16 - 23 minutes - 21.8 MB“One thing that is important is you separate the short term versus the long term,” recommends Kevin Kelly to digital asset advisers aiming to build their understanding of crypto. This episode is sponsored by Unique One Network and Mimo. In this episode of “On Purpose,” host Tyrone Ross delves into adviser education with Kevin Kelly, founder of Delphi Digital. With increased demand for crypto advice from traditional investors, Delphi brings institutional-grade analysis in the form of digit...
What We Mean by ‘Adviser’: The Difference Between RIAs and IARs
June 17, 2021 17:01 - 14 minutes - 13.5 MBIn a world as valuable and volatile as crypto, understanding the basics is the key to success. Unfortunately, crypto is equally as obtuse as it is fruitful. With its many unexplained and unknown terms, investors may become lost without a proper understanding. In this episode, host Tyrone Ross addresses one “huge barrier in our space: from investors, to customers, to partners, to employees, there's just a lack of understanding of an Registered Investment Advisor (RIA) versus an Inv...
A Big Week in Crypto and Adviser Guidance in the Regulatory Environment
May 25, 2021 16:30 - 17 minutes - 15.8 MBIn this episode of “On Purpose,” host Tyrone Ross announces his “Big Day'' for the official launch of his consulting company, OnRamp Invest, and the integration of “Riskalyze” a financial risk rate platform for advisers. Ross talks about the current state of the crypto markets, the expectations from governmental statutes and the guidance for advisers in the present regulatory environment. This episode is sponsored by hellointerpop.io and The Sun Exchange. Tyrone Ross is the CEO...
RIA Education: Educate Before You Allocate.
May 11, 2021 17:26 - 19 minutes - 18 MBTechnologies such as blockchain, cryptocurrency, decentralized finance and artificial intelligence have expanded the professional financial landscape. Advisers serve the financial ecosystem and the world by creating a better understanding of financial concepts, technologies and behaviors. In order to do this, financial advisers must learn more about the digital asset space including not only bitcoin but DeFi, blockchain, stablecoins, crypto investment and much more. This episode i...
Financial Advisers Need New Technology to Make Sense of Crypto
May 04, 2021 19:05 - 22 minutes - 20.8 MBFor the first time ever, financial advisers are at a disadvantage. That is because their clients may know more about bitcoin and crypto assets than they do. This episode is sponsored by hellointerpop.io and The Sun Exchange. In such a competitive and novel market, financial advisers must stay informed. With the volatility of bitcoin, financial advisers can look at data for answers, and so they should truly appreciate “Riskalyze” technology, which is a financial risk rate platform ...
Priceless Principles: Bitcoin Education and the RIA Community
April 27, 2021 18:00 - 20 minutes - 19 MBIt is imperative financial advisers continue to cultivate their command of knowledge within the cryptocurrency world. Creating an RIA (Registered Investment Advisor) community to facilitate the erudite discussions that knowledgeable investors practice daily is important and will only yield success for those they guide. This episode is sponsored by hellointerpop.io and The Sun Exchange. In this episode of “On Purpose,” host Tyrone Ross chats with one of his own OnRamp Invest fam...
The Bitcoin Haters' Ball
April 19, 2021 20:12 - 24 minutes - 22.7 MBThere are no take-backs in the Bitcoin environment; and, with future governmental regulations coming, the question becomes: what is the true value of investing in bitcoin? In this episode of “On Purpose,” host Tyrone Ross sits down with financial advisors Ronnie Colvin, Manish Khatta and Courtney Ranstrom in this special edition of ‘The Bitcoin Haters’ Ball’. They explain the sage advice that they’ve guided their own clients with right now in regards to the Bitcoin Bull market. Th...
What Do Advisers Tell Clients About Bitcoin Estate Planning
March 30, 2021 18:21 - 21 minutes - 19.8 MBCrypto holdings are an unusual asset class. However, Frazer Rice says that “everyone should have an estate plan, regardless.” In this episode of “On Purpose,” host Tyrone Ross sits down with Frazer Rice, the regional director for Pendleton Square and the president of Wealth Actually LLC, a financial service and legal media company, to tackle the critically important topic of bitcoin-aware estate and wealth planning. Ross and Rice lay out the three major functions financial planner...
The Truth Is, Bitcoin Is Not A Security. But ...
March 09, 2021 17:56 - 23 minutes - 21.3 MBWe’ve all heard of bitcoin, but what is it really? For independent, registered investment advisors like ‘On Purpose’ host Tyrone Ross it’s … complicated. Since bitcoin isn’t considered an “investment” in the eyes of the U.S. Securities and Exchange Commission (SEC), it’s different from what most investing professionals know. With the SEC differentiating “Digital asset securities” from less-regulated “digital assets,” what’s an advisor to do? According to Tyrone, “As far as crypto go...
Market Cap Is A Flawed Metric, Here Are More Interesting Alternatives
February 23, 2021 13:29 - 18 minutes - 17 MBWith the value of all bitcoins issued surpassing the $1T mark for the first time, independent registered investment advisor Tyrone Ross digs into the seemingly ubiquitous, yet dubious metric. In this episode we explore more illuminating alternatives including “free float market cap”, “realized capitalization,” “MVRV, stock-to-flow,” network value to transactions ratio” and more. A message from Tyrone: The greatest number of people living in poverty are children, we need to chang...
Bitcoin Mining: Wasted Energy or a Better, Greener System?
February 15, 2021 17:09 - 22 minutes - 20.9 MBIs it wasteful to use electricity mining bitcoin? As the Biden Administration settles into power with an ambitious agenda around clean energy, notably promising to eliminate carbon emissions from the US power generation sector by 2035, the question of bitcoin mining and it's ever-growing use of energy bubbles up once more. In this episode of 'On Purpose, With Tyrone Ross,' Harry Sudock, VP of strategy at GRIID Infrastructure joins the show to discuss the modern energy landscape, ho...
Digital Gold: How Should Financial Advisors Be Thinking About Bitcoin?
February 06, 2021 17:09 - 18 minutes - 16.9 MBIs Bitcoin digital gold? In this episode of ‘On Purpose, With Tyrone Ross’, we dig into bitcoin narratives as financial advisors see them and explore the concept of bitcoin as a store of value. “Saying ‘Internet Money’… What else in my portfolio is like Internet Money? Hmmm…." said independent investment advisor and 'On Purpose' host Tyrone Ross, "but when you say 'Digital Gold', alright... Clients can wrap their heads around the digital part, they can wrap their heads around the g...
Are Financial Advisers Missing Crypto?
January 30, 2021 16:59 - 17 minutes - 16.5 MBOn this episode of the 'On Purpose' podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average Financial Advisor. As Tesla CEO Elon Musk adds "bitcoin" to his twitter biography and markets swing massively from bearish to bullish, what's a financial advisor to do to keep their clients happy without exposing their license and reputation to meaningful risk? What's the right balance and what c...
The Bitcoin Opportunity Is Right Here in America
January 14, 2021 18:04 - 23 minutes - 21.9 MBIndependent registered investment advisor Tyrone Ross is back in the first show of 2021. In this episode he shares his thoughts and frustrations on how the explosive rally in bitcoin is being thought about and discussed in some circles, with those already in positions of wealth missing the true opportunity that open access and decentralization present. At a time when income inequality has never been greater, Tyrone illuminates what the real value of an accessible financial system is...