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 still-life fresco discovered recently in the Pompeii archaeological site looks like a pizza, but it's not, experts at the archaeological site said Tuesday.
Italy’s culture and tourism ministers have vowed to find and punish a tourist who was filmed carving his name and that of his apparent girlfriend in the wall of the Colosseum in Rome, a crime that resulted in hefty fines in the past.
