Monetary advisor Douglas Boneparth, president of Bone Fide Wealth, was an early adopter of bitcoin, buying a bitcoin miner with a companion in 2014. He has but to promote any of the bitcoin he owns, he mentioned.
“Wow – what a experience it’s been. I’m nonetheless very long-term bullish on bitcoin. I view it as a digital retailer of worth – digital gold, if you’ll,” he mentioned. “I get that you may make jewellery out of [gold], however all cash is a assemble, on the finish of the day.”
With that firsthand expertise, Boneparth’s been in a great place to coach purchasers, he mentioned. However he recommends that everybody take a couple of {dollars} to mess around with bitcoin to realize an understanding of how digital belongings and blockchain expertise work.
