The Massive Structural Differences When Evaluating Bitcoin vs Crypto | Ideas by Mike™ EP55
Is your financial advisor still stuck in the 1960s? In this episode of Ideas by Mike™, host Mike Milligan, CFP sits down with Eric Runge, a third-generation entrepreneur and founder of Veritas Wealth, to discuss the institutionalization of financial planning and why standard commoditized products like the 60/40 portfolio are failing modern investors.
What You’ll Learn in This Episode:
– The Problem with Big Banks: Why institutions like Merrill Lynch and Edward Jones have more incentive to sell what has always worked instead of staying on the cutting edge.
– The History of Money: How walking off the gold standard in 1971 accelerated government debt and consumer inflation.
– Bitcoin vs Crypto: Why Bitcoin is a completely separate structure from the thousands of other cryptocurrencies on the market.
– The Future of Digital Currency: How SEC regulations, institutional family offices, and payment rails are shifting the landscape for Bitcoin.
Watch it on YouTube!
Click this link: Watch Now!
About our Guest:
Eric Runge Eric Runge is a third-generation entrepreneur who transitioned from corporate America to establish his own path in independent wealth management. In 2017, he founded Veritas Wealth to escape corporate compliance constraints and better serve his clients with fully customized decisions. He has since specialized his practice into a highly specific niche, establishing himself as a registered investment adviser expert in Bitcoin.
Drawing from a rich family history of business ownership—ranging from his grandfather’s heavy equipment rental shop to his father’s real estate business—Runge brings a direct, transparent, and agile entrepreneurial mindset to his practice. He caters extensively to high-net-worth investors and family offices, translating complex economic shifts into clear, actionable financial strategies.
Do you have any financial inquiries wanting to get answered?
Leave us an email – contact@mikemilligancfp.com
Or Call/Text Mike Milligan to help you out – 757-909-7151
Visit our website at: www.1oakfinancial.com
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