Few understand how the Internet impacted the world. Shervin Pishevar is trying to create awareness of a new economy that does not require individuals to remain silent and complacent. Citizens no longer need to accept only what another human being will distribute via it be by pseudo-capitalism, communism, or other non-technology centric economic system. Shervin Pishevar recognized that we have the power, in direct communication with each other, to make our own deals.
Global Economic Climate Change
Too big to fail banks relied upon pre-Internet economics to argue their necessity. Americans bought into their empty image. Bailing out the banks of 2008 was a mistake. Few argue against this economic diagnosis. Still, many fear change more than they do mismanagement of their finances.
One good thing that came out of the 2008 bailout was motivation in the fintech entrepreneurial space. Satoshi Nakamoto digitally penned an idea that would prevent such an occurrence from ever happening again. Who could foresee how receptive everyday citizens from around the world would take Satoshi’s idea?
Today, the largest companies of the world are following in the footsteps of these early blockchain pioneers. Shervin Pishevar touched upon this market condition in bringing attention to tech monopolies and their stifling of small business. Must they be at odds? Is there any way that blockchain technology can provide a solution? Shervin Pishevar believes that blockchain will win out in a monopolistic economic climate. After all, it was blockchain that succeeded in the wake of the big banks and it is in blockchain developers whom these large corporations follow.
Emerging Solutions in Blockchain
It was the little startups that brought us blockchain. Long established organizations followed later. Whether they be first world governments or corporate conglomerates, many who had held power before the Internet are now finally playing catch up.
1/ Some thoughts on financial storms I seeing brewing ahead. I expect 6000 point drop in aggregate in months ahead. Here’s why.
— Shervin Pishevar (@shervin) February 6, 2018
Blockchain technology has so many potential applications. One of the most notable is in logistics. In a world interconnected across oceans, logistics are increasingly important to distribute products beyond regional locations, across national borders, and through conflict areas.