The Bear Case for Blockchain

The decentralized ledger, which powers cryptocurrencies like Bitcoin and Ethereum, is being "oversold," says Jimmy Song, Bitcoin developer and entrepreneur. The technology is often touted as a silver bullet that will upgrade several industries, but that "hype and promise" has yet to be proven. On the flip side, Song is bullish on Bitcoin, which he says has stood the test of time. For the full interview, [click here](https://cheddar.com/videos/jimmy-song-shares-his-bullish-case-for-bitcoin).

More In Business

Robinhood's $200M Bitstamp Buy: Crypto Ambitions Soar Higher

Robinhood's largest-ever $200m acquisition of Bitstamp accelerates its crypto expansion, challenging Binance and Coinbase.

The Case for Zero Rate Cuts in 2024 – And Why That’s a Good Thing

Barron’s latest cover story suggests the data will not support the Fed cutting rates this year. That means the economy is working.

Class-Action Lawsuit Against NFL by ‘Sunday Ticket’ Subscribers Begins

The suit alleges the NFL broke antitrust laws when it allowed DirecTV to exclusively sell the “Sunday Ticket” package of out-of-market Sunday games.

US Antitrust Enforcers to Investigate Leading AI Companies

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom.

Hey Siri: Tell Me What to Expect From Apple’s Developers Conference

Siri updates, new iPhones, and a whole lot of artificial intelligence – here’s a breakdown ahead of Apple’s Worldwide Developers Conference.

The Fed Could Still Cut Rates in 2024 – Despite Those Jobs Numbers

The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.

Tight On Cash? How To Get Your Paycheck Early

Earnin CMO joins Cheddar to discuss the company's business model and how it allows workers to gain access to their paychecks before payday. Watch!

May Jobs Report Predicts Booming Summer Job Market for Teens & Grads

The May 2024 Jobs Report predicts a strong summer job market, supported by a resilient labor market, rising job postings, and low jobless claims.

Big Business This Week: Trillion-Dollar Chips and Billion-Dollar Dunks

The AI boom is heating up worldwide competition, the NBA is cashing in, and short-selling is (surprise!) risky. Plus, who are this week's Usual Suspects?

AI ‘gold rush’ for Chatbot Data Could Run Out of Human-Written Text

AI systems like ChatGPT could soon run out of what keeps making them smarter — the tens of trillions of words that people have written.

Load More