Shervin Pishevar went on a Tweet storm that lasted 21 hours on February 5, 2018. Shervin Pishevar touched on and made predictions of topics from Bitcoin, Silicon Valley, SpaceX, and the stifling of United States based startups.
Shervin Pishevar began his stream of tweets with the bold prediction that the markets would drop 6,000 points in the months ahead. He predicted “financial storms” as there would be volatility in the bond market that would create instability in other markets as well. Shervin Pishevar also addressed the future of Bitcoin and gold, as he tweeted that gold would rise in response to recent economic instability and that Bitcoin would continue to crash and then stabilize at the $2-5k range. Pishevar predicted that after the initial stabilization, Bitcoin would continue to rise at a slow and steady pace.
Shervin Pishevar then went on to address his thoughts on the decline of Silicon Valley. He tweeted that Silicon Valley, while still a physical place, has transcended into a greater idea in technology. Pishevar went on to say that “entrepreneurship is a movement” and described it as “borderless”, meaning that innovation is no longer considered to be confined to California or the United States as before. Pishevar warned that the United States was falling behind to countries such as China in its infrastructure growth. He accused the United States government and companies to be “trapped in short-term thinking”. The only exception Shervin Pishevar gave to this thought was the SpaceX program, which he believes will flourish when executed.
Finally, Pishevar’s Tweet storm concluded with his thoughts on the stronghold that the tech giants such as Google, Microsoft, Apple, Amazon, and Facebook have on economic development. Pishevar hypothesized the monopoly that these companies have created have suffocated the development of any future United States based startups.