If you are Shervin Pishevar, you have a pessimistic view of the economy and where it is headed. In February 2018, he released a series of tweets over a period of 21 hours talking about a variety of topics including the price of Bitcoin and the downfall of Silicon Valley.
Shervin Pishevar on Bitcoin
Shervin Pishevar believes that the price of Bitcoin is going to fall all the way to $2,000 a coin. However, once it hits that price, investors can expect a reversal and a bull run to follow. He also believes that as the price of Bitcoin goes down, the price of gold is going to go up.
America Doesn’t Have a Long-Term Vision
According to the tweets written by Shervin Pishevar, America is going to be surpassed by the Chinese. This theory is based on the assumption that the United States doesn’t have a long-term vision, which is going to result in a weakened infrastructure. As evidence for his assertion, he pointed to a Chinese train station that was constructed in a matter of days.
Being a Business Owner Is a Viral Idea
According to Pishevar, the idea of being a business owner isn’t limited to just Silicon Valley. Instead, it is one that has been transported around the country and around the world. In the United States, early stage companies will be hampered by the likes of Facebook and Google dominating the startup environment. This may lead to more companies being founded outside of the United States.
The Stock Market Will Crash
If you have money in the stock market, it may be a good time to pull it out now if Pishevar is correct. According to his tweets, the stock market is going to fall 6,000 points. This will have an effect on bond and currency markets as well.