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.

Share:
More In Culture
On A Positive Note: Celebs Who Give Back
This musician serenades healthcare workers for saving his life. A young gymnast brings more diverse representation to her sport. Eli Manning surprises a seven-year-old cancer patient. Jason Derulo leaves a life-changing tip for an Omaha waiter.
On A Positive Note: Talent Shows No Bounds
Individuals with special needs shared the stage with professional dancers in a first-of-its-kind performance. A high school basketball player with an upper limb difference shoots for the stars. Seniors respond to reaction to viral Rihanna dance TikTok.
On A Positive Note: The Power Of Gratitude
Self-proclaimed “affirmation queen” does not let physical obstacles get in the way of gratitude for life. A bakery owner hires employees with special needs to provide life skills. Man has found a way to combine his two passions- an orthodontist and a vintage vinyl record store owner — under the same roof.
Load More