There's a good reason the myth of the crypto millionaire exists. According to the latest Crypto Wealth Report, there are more than 88,000 people around the world who have become crypto millionaires.

And (perhaps no surprise here) the one crypto that is responsible for 40,500 of those millionaires is Bitcoin (CRYPTO: BTC). While it's certainly no guarantee that investing in Bitcoin will put you on the path to millionaire status, this crypto has several characteristics that make it ideal for building long-term wealth. Let's take a closer look.

Many people, when they think of Bitcoin, view it only as a form of digital gold. But there are several other uses for it beyond just acting as a long-term store of value similar to gold itself. All of them build on the original notion of it as a peer-to-peer electronic cash system, as first proposed by the pseudonymous Satoshi Nakamoto in the original Bitcoin white paper.

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Source Fool.com