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/

Stream Energy

Natural disasters are a confusing and difficult time for not only the people who suffer through them but sometimes an entire nation. When a natural disaster occurred its not only destroys typically millions of dollars worth of infrastructure or other personal property it also has a lasting impact. After a natural disaster, many families are without what they need. Typically, almost everything they home has been completely destroyed and many of those who are affected the worst by these disasters do not have the funds necessary to even begin the process of rebuilding a life. When as much damage is done as was done by hurricane Harvey in Dallas Texas the long-term impacts can be severe.

A huge issue comes when you consider the chain reaction of the event. Not only do families lose everything that they own, they also can lose all work. After such a huge event many businesses need to close down for repairs or simply close down indefinitely. This is a chain reaction on those who depend on those businesses for work. After losing everything that you own could also be laid off without any savings to pull back on. Such an event is incredibly difficult to bounce back from. Those two suffer the most tend to be those who dependent most on their jobs. People who live week to week do not have savings available to them to repair their home or come up with a deposit for new one. They also typically lack insurance that would help them recover. Even if they have insurance, there are often deductibles or long waiting periods before a pay out arrives.

In these trying times many families need to depend on the generosity of their fellow man. After a huge disaster event such as hurricane Harvey charities quickly sweep into the affected area in order to provide relief to those most in need. One of the first responders in the case of hurricane Harvey was stream energy. Stream energy is a direct selling energy company based in Dallas. Stream energy quickly put its philanthropic branch to work helping families. The philanthropic branch of stream energy is stream cares. This division of stream energy is dedicated to giving back to the community that helped stream energy becomes a success story it is.

https://www.bizjournals.com/dallas/news/2016/11/14/dallas-stream-energy-relocate-headquarters-addison.html