2% of Aussies Own Crypto - But 89% of Advisors Won’t Talk About It ft. Andrew McPhee

Tapping Into Crypto

Australia is one of the top 10 countries globally for Crypto Adoption but so many people in the financial sector still won’t talk about it.

Today Pav Hundal and Ted Coaldrake are joined by Director of Synergist, Andrew McPhee who has over 30 years of experience ranging starting way back in traditional finance as Head of Retail for E*Trade, working as Head of Marketing & Customer Segmentation for ANZ and now working to bridge the crypto-service gap We talk about what’s holding Australia back from leading the way and what Millenial and Gen Z investors are really looking for.

You’ll hear:

• 0:51 - How Andrew went from building one of the first financial platforms to Crypto

• 5:11 - Why people aged 50+ aren’t investing in crypto

• 6:52 - Where we are right now in the crypto adoption curve

• 8:08 - The reason so many young people today want to hold crypto in their portfolio

• 11:02 - The major roadblock for adoption

• 14:38 - What ASIC are working on now

• 15:49 - Why Australia is falling behind & pushing innovation off shore

• 17:41 - The reason 50% of advisors think Crypto Is A Scam

• 21:06 - The problem with learning about crypto on TikTok & what needs to change

• 24:10 - Will Crypto be the next internet?

… and much more!

Find out more about Synergist here and Andrew’s LinkedIn here

Want to see what we’re looking at every episode? Watch the YouTube version of the podcast here.

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The Tapping into Crypto podcast is for entertainment purposes only and the opinions on this podcast belong to individuals and are not affiliated with any companies mentioned. Any advice is general in nature and does not take into account your personal situation, if you're looking to get advice, please seek out a licensed financial advisor.