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
Matt Amodio Jeopardy! Win Moves Him to Second on All-Time List
Jeopardy! had to change up the top of its list of consecutive games winners after contestant Matt Amodio won his 33rd straight game. Amodio, who passed former champ James Holzhauer, is now only second to 2004's 74-win-streak champ Ken Jennings and has so far collected $1.26 million.
Flor de Maria Rivera on the Success of Her Self-Titled Shoe Line, Hard Work of Immigrants
In celebration of Hispanic Heritage Month, Cheddar is highlighting Flor de Maria Rivera and her eponymous shoe line Flor de Maria. She joined Cheddar’s "Closing Bell” to talk about her rise in the shoe industry and the cultural influences of her background that inspired various shoe designs. "If you stay consistent, if you work hard, you follow your dreams, if you work extremely hard, then you can pretty much accomplish anything you want," the entrepreneur and immigrant from Peru said.
Everything You Need to Know About Filling Out FAFSA
Charlie Javice, Founder of Frank, joins ChedHER to discuss everything you should have prepared when you go to fill out your FAFSA, and how its acquisition by JPMorgan Chase is going to help reach more students.
Load More