If you want direct exposure to the demand for digital money, cryptocurrency is an excellent investment, while stocks of firms with cryptocurrency exposure are a safer but perhaps less rewarding alternative. And if you talk about the success and returns this industry has given to investors, then crypto biggies Sam Bankman-Fried (CEO of FTX) and Changpeng Zhao (CEO of Binance) are already billionaires on par with any other billionaire. However, this new generation of billionaires may be only getting started. A look into the future from some Bitcoin supporters suggests that crypto millionaires will soon outnumber today’s IT billionaires. Billionaires Who Have A Plan Wells Fargo recently released a paper stating that the evolution of technology and the crypto market is following a path similar to the internet’s 20-year evolution. Wells Fargo & Firm is a multinational financial services company headquartered in San Francisco, California. In 2020, it will have $1.955 billion in assets under management. There are reasons to believe that cryptocurrency users will outnumber internet users. The number of internet users is limited because they must pay for a computer. Components are no longer as readily available or inexpensive as they once were, and new users must devote time to learning how to use the internet. On the other hand, the internet is now widely used. The internet assumption establishes a solid foundation for crypto to reach...
