Crypto Could Outperform in Global Recession, Says Chainlink Co-Founder

• Chainlink cofounder Sergey Nazarov believes that crypto could do better than almost all other assets if there is a global recession.
• Nazarov states that crypto has been floated and driven by cheap money created by quantitative easing and federal funds and interest rates that are extremely low.
• Crypto is an anti-inflation hedge, and if there is a recession, it will outperform other assets due to its purpose of creating an alternative financial system.

The world of finance has seen a lot of changes over the past year due to the global pandemic. In an effort to stay afloat, governments have implemented quantitative easing and low federal funds and interest rates. This has had a huge impact on the crypto market, allowing it to flourish and attract more investors than ever before.

Chainlink cofounder Sergey Nazarov believes that crypto could do better than other assets if there is a global recession. Nazarov stated that crypto has been floated and driven by cheap money created by quantitative easing and low federal funds and interest rates. He believes that the macro indicators that made big tech attractive will make crypto attractive unless there is a large global recession.

In such an event, Nazarov believes that crypto is an anti-inflation hedge and will outperform other assets due to its purpose of creating an alternative financial system. This system is designed to be resilient to any potential failures that may arise from a global economic downturn, making it a safer and more attractive investment option.

Nazarov also noted that the recent rally in crypto coins such as Bitcoin, Ethereum, and Solana is likely to be sustainable. He believes that the macro indicators that made big tech attractive will make crypto attractive, as well as its anti-inflationary qualities.

It is clear that Nazarov is bullish on the future of crypto, and his views suggest that it could outperform other assets if there is a global recession. This could be a great opportunity for investors to capitalize on the potential of crypto, as it could be a safe and attractive investment option in an uncertain economic environment. Only time will tell if Nazarov’s predictions will come true, but it is clear that the crypto market has a lot of potential moving forward.