Follow on:

Back in January, we interviewed Stephen McBride, chief analyst for RiskHedge, about the emerging Phase 2 crypto ecosystem.

What are Phase 2 cryptos?

Forget for a moment Bitcoin, Ethereum and other tokens that claim to serve as a superior currency or store of value.

While that may prove out, the true potential for the blockchain appears to be enabling the creation of real & sustainable commercial value over a new platform better suited to many of today’s most common transactions.

Just like the internet revolution moved a tremendous amount of commerce from the real analog world into the digital world, a similar migration is now underway – this time onto the blockchain.

And the value being unlocked is no longer just a promise at this point. Billions of dollars worth of actual revenues are being made by blockchain enterprises now.

It’s easier to think of the coming future role of cryptos as less like “digital gold” and more like “digital stocks” – where the holder owns a claim on the cash flows that these blockchain enterprises produce.

The implications for this promise to be both massive and disruptive.

But it’s still very early days in this unregulated space. Tremendous upside exists, but so does great risk.

Given that Phase 2 cryptos may be showing us the future of investing, simply ignoring this movement could be a very costly decision.

Which is why, at this point, the best investment we can make is in our education — to learn where the puck is heading.

For an updated explanation of Phase 2 cryptos in layman’s terms and to hear the key developments in this emerging space, watch this interview with RiskHedge’s Stephen McBride.

The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Put these insights into action.

This is why we created Wealthion. To bring you the insights of some of the world’s experienced wealth advisors and then connect you with like-minded, independent financial professionals who will create and manage an investment plan custom-tailored to you. We only recommend products or services that we believe will add value to our audience.  Some links on our website are affiliate links. This means that if you click on them and use the affiliate’s services, we may receive a payment from the vendor at no additional cost to you. 

Schedule a free portfolio evaluation now.