Shervin Pishevar, a renowned capitalist, has taken Twitter by the storm to express his feelings on some crucial issues in economic policies that will affect the world. In a 21-hour Twitter rant, Shervin Pishevar seemed to show optimism in some industries while spelling doom in some of the systems being formulated and implemented by the government. The founder of Sharper Capital, who has since resigned due to sexual allegations, seemed to express optimism in cryptocurrency industry that has been gaining traction from the industry.
Shervin Pishevar might have noted that digital currency could be the future of the world as it offers much security as compared to other currencies around the world. Digital currencies such as bitcoin and Leitcoin use blockchain technology that is a system of interconnected computers in different parts of the world. For one to access the blockchain system, he or she must be in possession of an encrypted password that cannot be accessed by people who do not have digital currencies. There is an increasing notion that people have been using a currency that is vulnerable to security issues that could compromise the wealth of individuals.
According to Shervin Pishevar, government and policymakers in the field of finance should develop policies and regulations that govern how digital currency should be used. The newfound currency has been performing wonders despite there being no government supported framework to supervise and control its applications. As the digital currency, expands and gets to be adopted in different sections around the planet, it is high time that the associated bodies should seize to formulate strategies to facilitate a seamless digital currency.
One of the main benefits of digital currency is that an individual can tokenize his or her properties. This gives an opportunity to investors will limited investment funds to buy real estate properties as units of ownership like what happens in the stock market where an individual owns part of a company. Shervin Pishevar perceives digital currency as a medium of transaction that can help investors to raise money for investment from other parts of the world hence forming a global economy that is large enough for investors.