Crypto Nomads’ Wandering Ways Face a Bear-Market Reality
During a bull market, an itierant lifestyle may be appealing. In a downturn, it may not be so feasible.
With crypto in a tailspin, industry enthusiasts who one worked from beaches may soon find themselves back in office buildings.
Photographer: Chandan Khanna/AFP/Getty Images
For many of us, the pandemic meant getting to know what it’s like to work remotely and in most cases from home. But in crypto, remote working had already been the norm for some time, with many of its ranks roaming the world year-round and logging in from dreamy locations like the sandy beaches of the Caribbean or the palm-lined promenades of Miami Beach.
When crypto prices were high, these roving crypto upstarts enjoyed the benefits of being a digital nomad, moving from country to country in an attempt to leave behind the stress, expense and bustle that’s often associated with large financial centers.