Zillow CEO: Blockchain Relates to Bitcoin as Internet to Dot-Com Bubble

  • Zillow CEO Spencer Rascoff shared his opinion about cryptocurrencies and Blockchain. Rascoff reveals he jumped on the crypto train "early" and cashed everything out

Cover image via U.Today

During a recent interview with Yahoo! Finance, Zillow CEO Spencer Rascoff shared his opinion about cryptocurrencies and Blockchain. Rascoff reveals that he jumped on the crypto train “relatively early” and cashed everything out before the December boom, which was almost immediately followed by the market crash.

Nevertheless, he thinks that Blockchain technology is promising, and there will be numerous industries that will be disrupted by it. Just like former FDIC chair Sheila Bai, he claims that it is important to separate Blockchain and crypto, drawing parallels between Blockchain and the Internet.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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