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Category Archives: Cryptocurrency

Shervin Pishevar Fears the Lack of Innovation in America

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Shervin Pishevar has never been afraid to make bold predictions, even when the vast majority of the investment world has seen things otherwise. He recently continued this trend, returning to Twitter after a brief hiatus, in order to discuss a myriad of controversial issues that he believes will shape the financial culture of the globe for years to come. In his Twitter rant, Shervin Pishevar discussed a number of key topics, including the United State’s traditional practice of exporting inflation, the fall of several key conglomerates, and the failing infrastructure of America.

During this tweetstorm, he also discussed the status of the US stock market, predicting a major dropoff over the course of the next few months.

It only took one day for Shervin Pishevar’s comments regarding the stock exchange to trend in that direction, as the Dow Jones plummeted an incredible 500 points in less than one hours, while the S&P, industrials, and bonds began looking more vulnerable than any points in recent history. If Shervin Pishevar’s thoughts regarding the stock market continue to trend in the predicted direction, it will be in stark contrast to the beliefs of the leader of the free world, United States President Donald Trump. President Trump, who is very active on Twitter, has continuously backed the upward trends shown by the US stock market over the course of several years, but if Mr. Pishevar is correct, this is sure to come to an end. He even began a new hashtag which quickly caught fire on Twitter called, TrumpDump, in response to the US President’s incorrect backing.

One of the more important issues that Shervin Pishevar touched on during his 50-plus tweet rant, was the infrastructure and innovation (or lack thereof) of the United States, which when compared to places like China, is severely behind. According to Mr. Pishevar, the lack of innovation in America today has a direct correlation with the loss of power in Silicon Valley, as “the American way” has now become the “global way,” as well as the power of companies like Amazon and Google, that have consistently swallowed up smaller competition, essentially eliminating true innovation.

 

https://news.vice.com/en_us/article/qvzgj3/shervin-pishevar-hyperloop-one

https://medium.com/@shervin

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Jed McCaleb’s Role in Stellar Foundation

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Jed McCaleb is one of the most known technologists in the United States of America. He is a great programmer and a blockchain cryptocurrency expert. He has an intense interest in the cryptocurrencies. Jed was one of the people who founded the first cryptocurrency field known as the Mr. Gox in the world. He also founded another platform known as the eDonkey 2000 which was a peer to peer file sharing transfer. Jed is the co-founder of the Stellar Development Foundation that was founded in 2014.

 

After many years in the cryptocurrency field, Jed McCaleb began working on his own project. In 2014, McCaleb and Joyce Kim founded the Stellar Development Foundation. The two came up with the idea after seeing many flaws in the global financial systems. Jed McCaleb, therefore, was determined to develop the best money transfer with limited flaws. Jed has impoverished the monetary system with the Stellar Foundation. He is the leader of the technical development team in the organization. Stellar Foundation has become one of the universal financial networks that focuses increasing economic participation globally.

 

According to Jed McCaleb, the aim of the Stellar Foundation is to connect the billions of people around the world who are currently unbanked. This will make it affordable for these institutions to provide services to their customers across the world. By doing this, financial institutions are able to provide services to the customers with lower costs and also even to the people who earn low income in the society. Stellar allows money transfers through an open sources financial network which is interconnected globally.

 

Jed McCaleb plays one of the leading and the important roles in the organization. He is the one coding and building the technical aspects of the organization. He is also tasked with responding to emails and any other technicality associated with the smooth running of the company. The various activities that are pioneered in the Stellar Foundation have been implemented in many financial institutions in the world. Since 2014, Jed McCaleb has upgraded the network and security system of Stellar Foundation hence improving its services drastically.