[You'll seriously get left behind if you don't know this] Is it true that crypto billionaires have increased by 40% in a year to over 240,000? I'll explain what's happening behind the scenes.

Hey there! It's timo, your gal economist.
The topic for today is "the story of how crypto billionaires are increasing at a crazy rate"!

To start off, if you read this, you'll "instantly understand the latest crypto trends and how we can make our next move to stay ahead" That's it!

Check out the news article here

Why are crypto-rich people exploding in numbers?

It's honestly hilarious how many people are getting rich from crypto, but do you know why? The reason is super simple.

• Honestly, it's because Bitcoin (BTC) has skyrocketed.

  • Just this alone has caused the number of millionaires (with assets over $1 million) to increase by 70% in one year to 145,000 people, which is insane.

• Professional investors (institutional investors) have started getting serious.

  • Big money that was previously 'on the sidelines' is flowing into the market, and it feels like both trust and prices are exploding.

• Even famous people like former President Trump are getting into the vibe of issuing meme coins.

  • Whether this is good or bad aside, it's proof that it's becoming that 'normal'.

⚠️Note: Since it's increased this suddenly, keep in mind that the risk of everyone taking profits (selling to lock in gains) at once is also huge.

Does this mean the rich are no longer tied to countries?

Exactly. This is the most important point. We're in an era where savvy wealthy people choose 'which country to live in' like they're choosing fashion.

• Cryptocurrency is the "ultimate asset with no address"

  • They say the rich in the past used to secretly transport assets across borders using things like diamonds, but the modern version of that is "cryptocurrency and gold". Being able to send assets to the other side of the globe in an instant as long as you have internet access is just too much of a cheat code.

• It's no longer speculation, it's a "new financial infrastructure"

  • Cryptocurrency isn't just about "buying low and selling high." Now, things like "borrowing money using Bitcoin as collateral", which is a bank-like usage, are genuinely starting. This is the kind of thing that changes the rules of finance from the ground up.

• That's why the rich are moving to "countries they can support"

  • Isn't it obvious that living in a country with lower taxes means more money left in your pocket?

  • That's why talented people and money are increasingly gathering in countries like Singapore 🇸🇬, Hong Kong 🇭🇰, and the UAE (Dubai) 🇦🇪, where taxes are insanely low or they are welcoming to cryptocurrency.

[timo's future prediction] So, what happens from here? How should we act? 🔮

Future Prediction

1. The money game of "Nation vs. Individual" is about to get real

   • Countries want to collect taxes by any means necessary. But individuals can easily cross borders with the internet and cryptocurrency to protect their assets. This "battle between nations that want to bind you and individuals who want to be free" is going to get even more intense I think.

2. "Digital Nomad Visas" will become the norm

   • Countries around the world are starting a competition to appeal to talented individuals and their assets, saying, "Come to our country!" It's certain that not only how we work, but also where we live, will become much more flexible.

3. The knowledge gap in cryptocurrency seriously dictates the difficulty of life

   • Those who "know" will cleverly increase their assets by escaping national taxes, while those who "don't know" will increasingly become the ones being exploited. No one can stop this trend now.

Our next actions ✨

1. Discard the outdated value that "cryptocurrency equals gambling" right now.

   • Start by getting involved with Bitcoin or Ethereum, even with just play-money amounts.If you don't actually own any, you'll never understand the gravity of this news.Experiencing it firsthand is the best way to learn.

2. Try saying this one thing tomorrow.

   • "Apparently, wealthy people these days are holding their assets digitally in BTC rather than gold. It seems the movement to relocate to places like Singapore, which are favorable in terms of tax systems, is also accelerating, so it feels like borders are becoming meaningless."

   • Just by saying this, people will definitely think, "This person is really keeping an eye on how the world is moving." This is what intellectual arming is all about.

Summary

For those who don't have time, I'll summarize today's points in 3 lines!

• With Bitcoin skyrocketing, the number of crypto millionaires has increased by 40% in just one year.

• Smart wealthy people aren't tied to one country; they're moving both themselves and their assets to countries with lower taxes.

• We should understand this trend too, and start by getting involved with cryptocurrency, even if it's just a small amount!

This is a turning point in history where you'll seriously lose out if you get left behind, so let's ride this wave wisely!