This week Bitcoin saw a huge drop and most of the other cryptocurrencies followed. So is it worth betting on Bitcoin? Bilal Zuberi is a partner at VC firm Lux Capital and he gives his take on investing in blockchain technology over cryptocurrency.
Zuberi argues that arguing in blockchain is a smarter move than going for crypto. The technology behind blockchain will continue to improve industries and become further embedded in banks, businesses, and every industry.
As for Bitcoin and cryptocurrencies, Zuberi compares this surge to the Dotcom bubble and the start of the Internet. When the Internet was first created there was a lot of hype and fusion of cash into startups and companies. Some bad companies got attention and investments, but there were also some winners who still exist today. Zuberi doesn't know which cryptocurrencies will make it, and therefore is more focused on blockchain.
A university for deaf students in Washington, D.C. held a ceremony for two dozen students who over 70 years ago were forced to attend segregated schools and never received their diplomas.
Monday is National Tequila Day. Cheddar News checked in from Toro Loco in downtown Manhattan to take a peek at some of the restaurant's top signature tequila cocktails made by bartender Will Tacuri.
