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.
Talk show host Jerry Springer speaks in New York on April 15, 2010. Springer, the former Cincinnati mayor and news anchor whose namesake TV show unleashed strippers, homewreckers and skinheads to brawl and spew obscenities on weekday afternoons, has died. He was 79. A family spokesperson died Thursday at home in suburban Chicago. (AP Photo/Richard Drew, File)
Kenan Thompson is now the longest-serving cast member in the history of Saturday Night Live, starting his tenure back in 2003. The actor and comedian talked about the show, the upcoming Good Burger sequel, and his efforts to recruit and develop young talent around the country through his organization YoungStars 360.
