There are many people that are under the impression that Bitcoin is dying, but according to Shervin Pishevar, they couldn’t be more wrong. While Bitcoin and other cryptocurrencies may have experienced a significant drop in price, he doesn’t believe that it will take very long for the value to rebound. He talked about Bitcoin and other topics affecting the economy in a recent Tweetstorm that spanned around 21 hours and marked his return to social media.
Shervin Pishevar, a major investor of Uber, is cautioning the world that the economy in the United States is about to face a major financial storm that could have prevented. With recent drops in the stock market, many people who originally dismissed his claims are taking a second look and are questioning if they are that far off from the truth. The issues that he sees taking a toll on the economy here include inflation, isolationism, and many more.
The state of the United States’ infrastructure has been a topic of conversation for many years now and Shervin Pishevar is predicting that it will get worse. Politicians are telling the people that these projects are just too big to complete quickly and that they must have patience as bridges and other important infrastructure are crumbling. Private firms like the Hyperloop are proving that these claims are necessarily true. Other examples include China where they were able to construct an entire train station in a matter of hours. The capabilities of other countries and private firms have many, including Shervin Pishevar, questioning why we are having these problems and why seemingly little is being accomplished to fix them.
Along with our bridges crumbling, he sees Silicon Valley as soon to be imploding in on itself. There are just a few companies that have control over the area and Shervin Pishevar predicts that they will soon be losing their Monopoly as they continue to lose the trust of their users and customers. While originally Silicon Valley was a physical place, it has become more of a movement that is taking place throughout the United States and the rest of the world.