According to a recent succession of tweets released by Shervin Pishevar – the co-founder of Virgin Hyperloop One and Sherpa Capital, the traditional framework of financial institutions is on the verge of complete collapse. This was just one of the bombshells that Shervin Pishevar dropped on the Twitter universe, when, breaking a short sabbatical from the public eye, he went on a “tweetstorm,” covering a wide array of issues soon to be facing the United States. The tweetstorm lasted for 24 hours and spanned 50 posts, some of which painted a picture of an America undergoing a number of dire changes.
Shervin Pishevar’s take on the stock market shocked a number of his onlookers, particularly with the support that it has received from several prominent figures in recent months – Donald Trump being at the forefront. After reversing many of its gains from the early part of the year, the stock market has been on a downward slope, due in part to a dearth of quality treasury auctions, and billion dollar exits. In his estimation, the stock market will soon experience losses that will exceed 5000 points. After making this prediction during the tweetstorm, as if on cue, the Dow Jones suffered losses of more than 1000 points over the course of a single cycle, which created panic throughout all sectors. With the United States possibly facing a devastating outlook for the near future regarding the stock market, the introduction of stateless digital currencies may do more to usher in a new era of banking and government. Cryptocurrencies, such as Bitcoin, which he predicts will begin a steady rise over the next twenty-four months, will have a major role in the dismantling of the current financial and governing institutions. Many investors have been decidedly split regarding the future of Bitcoin, as it has seen both incredible gains and incredible losses over a very short period of time. Shervin Pishevar stands by his belief that the United States government is stuck in a close-minded thought process, which has been reflected in the lack of effort being placed on American infrastructure.