Ten years ago if you asked someone what their plans were for building wealth, their answer would have likely been investing long-term in real estate, the S&P 500, bonds, private equity, or hedge funds. Fast forward to 2022 and the dawn of DeFi has revolutionized the way people seek to build wealth for the future, with digital assets now providing a new alternative for investment opportunities. Although generational wealth has historically been accumulated through traditional investment streams, a recent survey by CNBC Millionaire Survey found that 47% of millennials have 25% of their portfolio invested in cryptocurrency. Even with such clear signs that cryptocurrency is pioneering a new way to build wealth for years to come, the survey recorded that only about 10% of American millionaires held more than 10% in crypto investments, with 83% holding none. Evidence also shows that the widespread adoption of cryptocurrency has started to shift the way that the wealth management industry, including private banks, brokers, and wealth management firms, is adjusting to the rapidly evolving cryptocurrency landscape with pension funds starting to invest in crypto as well. Although cryptocurrency has sprung into the mainstream over the past few years, the digital asset came from humble beginnings. From 2008 when the domain name bitcoin.org was registered, to 2009 when Satoshi Nakamoto sent 50 BTC as the first bitcoin transaction to Ha...
