Shervin Pishevar and the Emerging Potential in Digital Currency As Highlighted in 21-Hour Twitter Engagement

Shervin Pishevar is the founder of Sherpa Capital but resigned after he was alleged to have been involved in various sexual harassments, which included even rape cases. However, that seems to be behind him when he engaged his twitter followers with a 21-hour Twitter rant where he was expressing his feelings towards various government policies and what he thinks the future economy will look like. The financial investor seemed to take a huge interest while at the same time expressing positive energy in the upcoming digital currency adoption in the world.

Cryptocurrency involves the use of digital currencies such as Bitcoin to transact of the web. This newfound methods of exchanging goods and services see owners of bitcoin or other digital currencies purchase services to people in different parts of the world through blockchain technology. Although Shervin Pishevar views digital currency as the future in a boundaries economy, he is concerned due to the volatility of the digital currency, especially the trends that have been portrayed in recent times.

Shervin Pishevar tweeted that bitcoin will continue to depreciate up to a point where it will stabilize for around 2k. This acts as a precautionary measure to the people who want to invest in bitcoin or those holding the digital currency in the view that it will appreciate hence helping them to increase their profits. However, despite the volatility facing the digital currency, Shervin Pishevar notes that its adoption will continue to increase and its time that government and other policymakers embrace the new technology by developing rules and regulations to govern the use of digital currency.

One of the main benefits of using digital currency is that it is more secure than other currencies used around the world. Shervin Pishevar is more concerned about the security of transactions that people have when they are conducting various transactions. Moreover, the use of digital currency has the potential of investing in real estate to be an easy undertaking as real estate owners can tokenize their properties. This will help investors with a limited amount of money to own a proportion of a property, which is a similar innovation used in the stock market.

 

https://techcrunch.com/2017/08/24/pishevar-sends-another-letter-to-uber-board-about-benchmark/

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