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

Source: China – South China Morning PostIn the past few months, Wendy Li, a 32-year-old independent online content producer in Shenzhen and her boyfriend, Henry Yi, a 29-year-old photographer and video editor, say that they and many of their friends have been riding the wave of cryptocurrency speculation – with all of the ups and downs that come with it.This surge of interest in cryptocurrencies has been spreading rapidly among China’s millennials and adult members of Generation Z – either through advice from friends or being…Read More

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