Is Bitcoin a Millionaire Maker?

Bitcoin (CRYPTO: BTC) has minted a lot of millionaires. The world's leading cryptocurrency soared 12,590% over the past decade -- and that blistering rally would have turned a modest $10,000 investment into $1.27 million. That same investment in an S&P 500 index fund would only be worth about $28,000 today.

Bitcoin crushed the market because it grew from a niche token into a mainstream asset which was bundled into its own spot price exchange-traded funds (ETFs). It was even adopted as a national currency in El Salvador and the Central African Republic, and other inflation-wracked countries might follow that example over the next few years. So could Bitcoin generate even more millionaire-making gains over the next decade? Let's review its long-term catalysts and challenges to find out.

Source - yahoo! finance

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