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BlackRock CEO Larry Fink: Crypto Assets are a hedge against currency devaluation.
According to Golden Finance, BlackRock CEO Larry Fink recently stated that if one believes that countries will continue to devalue their currencies, then one should hold Crypto Assets. The leader of the financial giant managing $13 trillion in assets further explained: if you think that global insecurity will rise, owning Crypto Assets or gold is like holding fear assets. You hold these assets because you are afraid of currency devaluation and concerned about financial security and fiscal safety. Fink emphasized that between Crypto Assets and gold, the market generally sees them as effective Hedging tools against currency devaluation/Inflation.