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Wednesday

28 July 2021

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

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


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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. .

On the most bearish end of the spectrum, 47% of American family offices believe that crypto is not a good store of value while just 24% of Asian respondents feel the same

Only last year, Goldman Sachs had unambiguously declared that cryptocurrencies were not an investable asset class. 

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