Is Bitcoin Still a Millionaire Maker?
It's undeniable that Bitcoin (CRYPTO: BTC) has created its share of millionaires during the past decade. According to last year's "Crypto Wealth Report" from Henley & Partners, there are now 85,400 Bitcoin millionaires in the world, and the number continues to grow at a rapid pace.
There's a good reason for that. For much of the past decade, Bitcoin has been the top-performing asset in the world. But how much longer can Bitcoin continue to grind out these head-spinning returns? If you're hoping to become a crypto millionaire, it's essential to get the answer to this question right.
Right now, the key investment thesis for Bitcoin is institutional adoption. In other words, it's no longer just individual investors who are buying Bitcoin. It's now corporations, Bitcoin treasury companies, and even sovereign governments. Everyone these days, it seems, is trying to buy as much Bitcoin as they possibly can.
Source Fool.com
