Crypto nomads are giving up on sun, sea and sand as bitcoin winter bites

The nomadic life is especially well suited to the crypto crowd, with its 24/7 market and ethos of a digital, borderless monetary future. But pandemic travel restrictions, followed by a crash in cryptocurrency prices have made it less practical and too expensive of a lifestyle to maintain. — Bloomberg

Over the years, Oliver Gale’s workplace view has included the palm-lined promenade of Miami Beach, the sandy shores of Barbados and the turquoise waters of Mexico’s Caribbean coast.

Now, the 36-year-old crypto entrepreneur is back in London, working out of hotel lobbies. Gone is the gentle sea breeze, replaced by the humming sounds of air conditioners trying to keep the British capital’s unusually warm summer at bay.