If You'd Invested $500 in Ethereum in 2015, Here's How Rich You'd Be Now
Few (if any) asset classes are as polarizing as cryptocurrency. On one side, companies like MicroStrategy and Square have embraced the trend, adding Bitcoin to their balance sheets. But on the other side, esteemed investors like Warren Buffett and Charlie Munger have rejected the trend. In fact, Munger once called Bitcoin "disgusting and contrary to the interests of civilization."
The same dynamic has played out in governments. China has issued a blanket ban on all cryptocurrencies, while El Salvador recently made Bitcoin an official currency. Meanwhile, other nations are stuck in the middle, grappling with how to regulate the asset class. Regardless of which side you take, one fact is indisputable: Cryptocurrency has created tremendous wealth in a short period of time.
Over the past five years, the collective value of the crypto market rocketed from $14.2 billion to $2.6 trillion, growing at an annualized rate of 185%. No other asset class has generated returns that come anywhere close. And Ethereum (CRYPTO: ETH) stands out from the crowd.
Source Fool.com
