How Shervin Pishevar Feels About the Economy

Shervin Pishevar had a lot to say on Twitter during the early part of 2018. During the first week in February, he sent 50 messages over a period of 21 hours on topics ranging from the stock market to Bitcoin. His overall message was that the U.S. economic system was going to collapse.

We Are Going to Lose to China

American is going to lose its top spot in the world to China according to Shervin Pishevar. This is primarily going to occur because we don’t have a modern infrastructure because our government fails to think long-term. He then went on to cite a train station that was built in China in nine hours.

The Price of Bitcoin Will Drop and Then Recover

If you listen to the words of Shervin Pishevar, now is not the time to buy Bitcoin. Instead, wait until it drops to about $2,000 before getting back into the market or entering for the first time. Once it hits $2,000, he believes that the price will slowly climb again. In the meantime, he suggests buying gold as it will increase in value in response to the Bitcoin crash.

Silicon Valley Has Lost Its Importance

Today, Silicon Valley is more of an idea than a place where people want to come to innovate. According to Shervin Pishevar, there are plenty of innovation zones throughout the country where people can strive to create. Ultimately, the idea of being an entrepreneur is a viral one that has taken hold wherever someone has an idea for a new product or service.

Large Companies Will Dominate the Landscape

One of Pishevar’s final thoughts had to do with major companies dominating the American landscape. As startups are increasingly being founded abroad, companies like Amazon, Google and Facebook will have stifle future early stage startups. However, he conceded that Uber may have a chance to grow into a mature and profitable company.

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