Ric Edelman, a well-known monetary counselor, and most excellent writer, predicts that nearly a third of the US citizens would own BTC by the end of this year, 2022.
Ric Edelman is the Edelman Financial Services (later known as Edelman Financial Engines) founder and the author of multiple financial planning publications. The Ric Edelman Show; a personal finance talk radio program hosted every week. He also hosted the PBS show, The Truth About Money with Ric Edelman.
He and his wife, Jean Edelman, started Edel Financial Services in 1986, which specializes in economic budgeting and investment management. In 2005, Edelman Financial Services was resold to Sanders Morris Harris Group for the bulk of its ownership. Edelman Financial Engines was established in 2018 when Edelman Financial Service combined with Financial Engines, an investment advice company.
Edelman Financial Engines was rated the most excellent commercial advising company in the United States by Barron’s in the years 2018, 2019, and 2020. He is a board of directors member, wherein he supervised financial knowledge and customer service through June 2021.
Edelman founded Digital Assets Council of Financial Professionals (DACFP) with the goal of providing financial advisers with the competencies and understanding they must give their customers with appropriate, pertinent, prompt, and meaningful counsel regarding blockchain and virtual assets.
Ric Edelman’s Prediction for the Purchase of Bitcoin by Americans in 2022
Based on Cointelegraph, he asserted that BTC would be on a path to widespread acceptance amongst Americans as well as investors in talks with CNBC’s “ETF Edge” program. He informed the host that BTC is now owned by 24 percent of the US and that it won’t be “more of a leap” to reach one-third by the end of 2022.
BTC, according to Edelman, has become increasingly mainstream. It’s all over the news, and it’s not changing anytime soon. According to Edelman, a protracted BTC supporter and writer of the shortly launched publication “The Truth About Crypto,” BTC has seen “huge institutional engagement” from companies, charities, and retirement trusts.
According to Edelman, BTC-based marketplace finance will probably be available to shareholders in 2022, if not sooner. Someday I’d be right,” said the leading financial planner, who had been forecasting a BTC ETF for 7 years.
According to him, the SEC in the United States was lacking justifications to suggest nothing about a Bitcoin ETF, and business sophistication and development in the areas had resolved several of the SEC’s concerns. According to Edelman, a major concern they’d brought up, and Chairman Gensler’s, is that they won’t be able to manage it sufficiently. They would be unable to control oil or gold, for that matter.