The Bullish Argument for Bitcoin After Currency Drops Below $8,000
It's been a rough week for Bitcoin. The cryptocurrency dropped below $8,000 on Friday, marking the third biggest drop over a five-year span. Bitcoin developer Jimmy Songs explains why he remains bullish.
"This is something that has happened in the past, and will happen in the future," says Song. "If you're looking out five to ten years this is an excellent investment."
Shares of Bitcoin plummeted after India's Minister of Finance announced plans to ban the digital currency. "Not everyone is fit for it, especially during these down times," said Song.
Lisa Raykowski, security architect leader for EY Americas, explains what corporate leaders should consider when trying to protect their systems, as well as their clients' information.
Scientists and tech industry leaders, including high-level executives at Microsoft and Google, issued a new warning Tuesday about the perils that artificial intelligence poses to humankind.