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Goldman Sachs: 18% of World's Super Rich See Crypto as Inflation Hedge

From decrypt.co

A new survey from Goldman Sachs has revealed that more family offices are turning to cryptocurrencies as a possible hedge against inflation, currency debasement, and unpredictable macroeconomic events. More than 150 family offices worldwide were polled in the survey. Of the respondents, 15% already hold cryptocurrencies, (among American respondents that number is 25%), while 40% are concerned about currency debasement. Amongst those concerned about debasement, 45% are curious to explore crypto as a possible hedge against inflation. Goldman Sachs partner and co-head of private wealth Meena Flynn told Bloomberg that ... (full story)

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  • Category: Fundamental Analysis