The Rise Of Crypto Nomads

A nomad is a homeless person who moves from one place to another. With no fixed residence, they are open to exploring territories within their reach, which helps them earn money. These nomadic herds are unlike the usual people whose objective is primarily to settle in one place and grow their occupation and family — a concept detested by the millennials.

The millennials abominate a slow-paced life and sticking to one place; travel brings them excitement and exposure. As they want a fast-paced life, their idea of assets/investment has also changed. Digital assets, to them, seem much more lucrative than physical assets such as land and houses. Doesn’t that sound similar to the nomadic behaviour, but in the modern milieu!

“The crypto industry feels very much like the early Internet days of the mid-nineties. So much to build and so early, and so much opportunity to disrupt technological, traditional industries and make people's lives better,” says Surojit Chatterjee, chief product officer of Coinbase, a cryptocurrency exchange platform.

Who does not get excited by the idea of accessing a global pool of capital!

Shortly after blockchain technology hit the market, and cryptocurrencies (Ethereum and Bitcoin) came into existence, trading started, and…