Hi Binance Family!
Today I want to share something wild that blew my mind while diving deep into the world of crypto. Ever wondered how many lives crypto has changed—for better or worse? I did too. And what I found shook me! So let’s talk about how crypto has created billionaires, millionaires… and sadly, beggars.
1. The Billionaires – The Untouchables of Crypto
Since Bitcoin’s launch in 2009, crypto has minted over 22 billionaires, according to Forbes 2023. Names like Changpeng Zhao (CZ), Brian Armstrong, and the Winklevoss twins top the list. CZ alone was worth over $65 billion at crypto’s peak in 2021. These are the people who didn’t just trade—they built ecosystems. They used crypto, they didn’t let it use them.
2. The Millionaires – The Lucky and the Bold
An estimated 88,200 people became crypto millionaires between 2017–2022 (Crypto.com data, 2023). Some were early adopters who HODLed through storms. Others took huge risks and got lucky. But here's the catch—most of them didn’t stay millionaires. The 2022 crash alone wiped out over 60% of their wealth. It’s not just about making money—it’s about keeping it.
3. The Beggars – The Forgotten Dreamers
Here’s the dark side. Crypto didn’t just create wealth—it destroyed it too. According to Finder's Global Crypto Adoption Index, more than 40% of small-scale investors lost over 70% of their capital. People mortgaged homes, borrowed money, sold dreams—all to chase a green candle. Some are now broke, homeless, or even gone. In 2021, a South Korean student ended his life after losing his entire savings in Terra (LUNA)'s collapse.
Crypto is powerful. It can build empires or burn them down.
So ask yourself: What are you building with it?
Let it be freedom—not your downfall.
#grow