First came seashells, then gold, then paper, and now, hold your breath, crypto.
That last one is hard to swallow because of it's mysterious, scandalous, and in one case truly unknown origin. But like it or not, crypto is becoming a part of the world outside your friend's boyfriend's cousin's basement.
On this episode of It's All Money, Sonoma Wealth CEO Daren Blonski CFP® and Marketing Director Dano Weir look at the real-world proof that crypto is going legit.
• Major trading firms which offer crypto investments.
• Countries with strategic bitcoin reserves.
• Crypto can now be equally considered as an asset for a mortgage.
• What is the GENIUS act?
• Athletes who've been paid in crypto.

What's the future hold? No one can say for sure. As a firm, it's our job to watch trends in the industry and report back to you. Despite it's history, crypto is showing more and more signs of legitimacy. We hope you found this episode at the very least educational.

If you'd like to learn how we help thousands of people retire and stay retired, learn about our Wealth Analysis right here: https://sonomawealthadvisors.com/book-your-wealth-analysis

Full video available on our YouTube Channel: https://youtu.be/yUPEVRtNF7M

Learn more about Sonoma Wealth here: https://sonomawealthadvisors.com/


CHAPTERS
0:00 Welcome To It's All Money: Crypto Goes Legit
0:58 How Do You Actually Own Bitcoin?
3:22 What's Actually Changed With Crypto?
4:33 The Genius Act And New Regulatory Clarity
5:34 Crypto And Mortgages: A New Asset Class
6:55 Wall Street Gets In: Institutions And Extended Trading Hours
7:42 The $100 Million Lobby Behind The Genius Act
8:27 Countries Building Strategic Bitcoin Reserves
9:15 Athletes Getting Paid In Bitcoin
10:21 Blockchain's Bigger Promise: Beyond Currency
11:44 Crypto Adoption Is Like The Cell Phone Revolution
13:07 A Blast From The Past: The Pager Story
14:12 Scarcity And Why Bitcoin's Fixed Supply Matters
15:09 How Sonoma Wealth Advises Clients On Crypto
16:07 Have Questions About Crypto? Let's Talk
16:41 Closing Thanks
16:51 Outro

References:
https://www.npr.org/2025/07/17/nx-s1-5451413/crypto-week-stablecoin-genius-act-trump
https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-signs-genius-act-into-law/
https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserve-and-united-states-digital-asset-stockpile/
https://www.coindesk.com/markets/2025/07/19/charles-schwab-ceo-says-crypto-trading-is-coming-soon-will-compete-with-coinbase-for-retail
https://www.usatoday.com/story/sports/nfl/panthers/2020/12/29/russell-okung-paid-half-salary-bitcoin/4071640001/ https://cryptobriefing.com/fhfa-fannie-freddie-crypto-mortgage-proposals/