BlackRock’s Hildebrand Would Take Cash Over Gold or Bitcoin

For BlackRock Inc. Vice Chairman Philipp Hildebrand, gold and Bitcoin just can’t beat good old-fashioned cash.

When asked on a virtual London Bullion Market Association panel whether he’d rather be given $10,000 in cash, bullion or Bitcoin, the former Swiss National Bank governor opted for the greenback. He didn’t explain his reasoning.

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