Shervin Pishevar believes change must take place in the modern economy. New tools are needed to tame the increasingly complex financial environment. Shervin Pishevar brought attention to blockchain technology as at least part of the solution. The benefits of blockchain include increased efficiency, security, and data management. Private companies are seeking to excel in these areas. However, fundamental economic change is needed. Here is where cryptocurrency projects like Bitcoin fit in.
In addition to Bitcoin, Ethereum, EOS, Ripple, Litecoin, Bitcoin Cash, Binance Coin and Tether can all make valuable contributions to the new economy. Bitcoin represents the most secure, complex, and overall, conservative approach. Litecoin is really just a streamed down version of Bitcoin that removes seemingly, less important features. Tether pairs itself to the US dollar, and thus, proves to hold its value. Bitcoin Cash is meant to return cryptocurrency to its founding principles, so it has many of the same features as Bitcoin.
The other coins mentioned here are among the most popular and innovative within the industry. Ethereum awoke the potential of blockchain technology by introducing smart contracts. Ripple explored the obvious by making blockchain more practical for the banking industry. Among the cryptocurrencies mentioned here, Binance Coin has seen the most increased attention through its practical solution for its associated crypto exchange. Binance Coin has also proven to be very profitable in comparison to the other cryptos over the past year. Of all the existing crypto projects, EOS is often considered the most exciting. Think a new Internet where both information and value can be easily exchanged.
Those are just a few of the cryptocurrency projects that inspired Shervin Pishevar. CoinMarketCap monitors over 2,000, while many more go unnoticed. Certainly, Shervin Pishevar was correct to predict that Bitcoin would not go down without a fight. If we look at recent current events in the blockchain industry, we see that cryptocurrencies are not the only application for blockchain. While in a given moment blockchain advancements might seem isolated from cryptocurrency projects, generally, what is good for blockchain is also good for crypto.