Shervin Pishevar Warns of Bitcoin Losses

Shervin Pishevar, technology expert, and former venture capitalist shared his unique perspective on the economy in February 2018. In a 21-hour tweetstorm, Pishevar touched on such topics as the stock market, Bitcoin, Silicon Valley, and infrastructure. His comments are valuable due to his high position in the technology world.

Pishevar predicted that the bond market would soon see price reductions, causing the stock market to fall as well. He cited “rising interest rates, increasing credit account deficits, and tax giveaways” as causes for the fall in stock prices. He warned that government bonds could no longer rescue the economy as they have done several times in the past.

Shervin Pishevar warned that Bitcoin, the tech industry’s darling, may not always be a skyrocketing investment as it has been in the past. He warned that Bitcoin would plunge to $2,000 but would perhaps stabilize there. His predictions on Bitcoin have partially come to pass with a large sell-off.

Another area where Shervin Pishevar shares his concerns is inflation. “Inflation is dead. Long live inflation! Inflation never manifests itself (in a) way (that) many expect. We’ve managed to export inflation for decades now,” he claims.

Shervin Pishevar is deeply concerned with the effects of tech monopolies on startup companies. He claims that the top 5 “unicorn companies” (Microsoft, Facebook, Alphabet, Apple, and Google) would continue to dominate the technology market, making it next to impossible for small startup companies to make it in Silicon Valley. He predicted that other countries would be more fertile ground for startups. He states that Silicon Valley will soon lose its place as the number one incubator of new technology firms.

Shervin Pishevar also criticized the United States’ infrastructure. He claimed that China has a far more advanced system in place and that they could build a train station in 9 hours. Lack of infrastructure stifles the economy.

Pishevar’s pronouncements may not all come true, but he has a unique window into the workings of the technology world. His predictions on Bitcoin, in particular, are worth taking seriously. While the tweetstorm was the work of one day, keep it in mind as we move through the coming months and years.

http://releasefact.com/2018/02/shervin-pishevar-tweet-storm/

The Impact of Technology on the operations of GreenSky Credit Firm

GreenSky Credit has been the leading creditor and financial institution, offering credit facilities to the small lenders and creditors so that they can increase their financial and lending capacity to their customers. This idea has assisted the small financial creditors because they can now give credit and loans to their customers with more flexibility and without much worry about how much they can afford to lend the borrower. They also have the advantage of giving the loans to their customers at more affordable rates than when they were on their own. This is because their financial risk has been shared with their reassurer, GreenSky Credit.

Since the foundation of the firm, GreenSky has been a success both to the owners and its business partners. This has been reflected by the alarming rate at which the number of clients has increased. The valuation figures of the organization are also a clear indicator that the firm is headed in the right direction. The CEO of the organization, David Zalik, has been so instrumental to the success of GreenSky Credit. Zalik has been a great inspiration to his employees and has also been their motivation. Bearing in mind that the workers of any organization are fundamental to its success or failure, those of GreenSky have contributed to its success.

One innovation that has turned all the financial tables for GreenSky Credit and all the other business partners that transact business with the organization is the introduction of an online platform where the customers to the small financial lenders can borrow the loans. This has made the process of loan application less tedious and more efficient. For instance, before the introduction of the online platform, customers had to fill papers manually, which would then wait for the approval by the staff from the lending institution, and then taken to GreenSky Credit where the loan could be disbursed.

The introduction of this online platform only requires the customer to log into the organization’s website where they should fill in their credentials and loan details and then submit the application for immediate review. After the review by the lending institution, the borrower can comfortably wait for less than two days for the funds to hit their bank accounts.

Into the Woods and Out with Knowledge

Located in central southern England, within the New Forest National Park, sits Ashurst Lodge, home to the Wessex Institute of Technology (WIT), both an educational and research institution. Created by Professor Carlos Brebbia in 1986, WIT succeeded the Computational Mechanics Institute established in 1981.The Institute’s activity is three-pronged: Research, Conferences and Publishing. It is through these areas that their aim of developing an information exchange between academics and professional users within industry, prompting trans-disciplinary research, are met.

This is done by knowledge transfer mechanisms, serving the international science community.Wessex holds 20 to 25 conferences a year in conjunction with other universities and organizations. The Prigogine Metal is awarded yearly during the WIT conference program. This award was began in memory of Ilya Prigogine, Nobel Prize winner in Chemistry.The publishing arm of the Institute is WIT Press which publishes journals, specialized research papers, edited works and conference happenings.