On a sunny afternoon inwards due west Beijing, on the auspicious 8th flooring of a nondescript concrete high-rise, Huai Yang sits amongst the curtains drawn inwards his apartment, making his ain luck.
For the by half dozen months, 27-year-old Yang has worked mainly from home, mainly from his sofa, tracking in addition to trading bitcoin, in addition to watching the money ringlet in. The aeroplane itself is modestly sized; Yang moved inwards in his pre-bitcoin days when he worked variously for a crowdfunder start-up, a branding consultancy in addition to dabbled inwards hedge-fund management, all of which he describes every bit “creative fiscal work”. Now, though, his principal focus is bitcoin, which is “much younger, to a greater extent than fun, in addition to much to a greater extent than money”. Yang claims to build upward to 1m yuan (£116,000) a month, nether the radar of the taxman, purely from trading the online cryptocurrency.
Bitcoin has no physical flush only the rewards are really tangible; Yang’s habitation is packed amount of expensive gadgetry, virtually prominently a mega-sized aeroplane enshroud smart board, over a metre wide, which Yang uses to nautical chart bitcoin’s rising in addition to autumn inwards HD.
Normally, the graphs on Yang’s enshroud demonstrate bitcoin’s in addition to his ain fortunes going upward in addition to up. At the fourth dimension of writing, i bitcoin is worth 6,600 yuan (£768) – recent months bring seen the value hover good higher upward 8,000 yuan. The global worth of bitcoin is over $14bn USD (£11.3bn), of which over 90% is inwards yuan, in addition to Yang in addition to his peers are cashing in. “I desire a to a greater extent than fantabulous life,” he says.
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