Over the past two years, crypto has often been referred to as the Wild West, and for good reason. Cryptocurrency has been an unregulated digital frontier where the fringes of society speculated feverishly—and some prospectors won big.
As crypto went mainstream in late 2017, the early adopters (or pioneers, more aptly) saw their small investments shoot to the moon, resulting in overnight bitcoin millionaires and billionaires reaping unheard-of profits. Many saw their double-digit investments netting six-digit returns. Teenage bedroom barons and mousey tech gurus were thrust into the spotlight as the face of a new digitally affluent class.