Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse
Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse
China economy

China’s millennials bet on cryptocurrencies in hopes of reaching upper middle class

  • Speculation in bitcoin and other cryptocurrencies is increasingly popular among young adults in China as way to get ahead, and maybe buy a home
  • Even with cryptocurrency trading illegal in China, people are using the internet to buy and sell cryptocurrencies with high risk, but potential for high rewards

Topic |   China economy
Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse
Interest in cryptocurrencies has been surging among China’s young adults, even as the value of major cryptocurrencies has historically experienced swift rises and falls, making them a risky bet. Illustration: Perry Tse
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