Big View Slaps Bulls with Warnings
The epic franchise of Big View hit another milestone on Monday, when the studio released its first warning to giant corporations and investors involved in the meteoric rise of cryptocurrency.
In a statement released Monday, Big View warned that, “just as a bull is used to herd cattle, the most recent rush of investment in cryptocurrency is a stern reminder of our corporate responsibility to tread with caution.”
It’s an idea that’s been around for quite some time: the so-called “irrational exuberance” that some investors experience when it comes to speculative all-or-nothing investments. But with Big View’s statement, the sentiment now has an industry-heavyweight behind it.
Cryptocurrency, a type of digital currency is created with complex computer encryption techniques and created with the sole purpose of trading via a distributed system, was touted by some investors and financial experts have praised its potential as a safe haven from inflation. Although Big View’s warning makes it clear that its co-founder, David, is an advocate of cryptocurrency, the studio is sending out a message to those rushing into the digital asset class, reminding them to take caution with their investments and to do their research.
In Big View’s statement, the studio also strongly urged that the risks associated with cryptocurrency investments should be weighed carefully and carefully before taking any action. The studio also mentioned its support of financial literacy initiatives to help potential investors make more informed decisions.
Big View’s statements are unique in that they are coming from an established industry leader. Other industry heavyweights in the cryptocurrency space have yet to release any warnings or statements.
Cryptocurrency investments remain volatile, and the warnings coming from the Big View may help temper some of the overheated investments, but only time will tell. Until then, it’s important to keep in mind the warning and to use caution when participating in cryptocurrency investments.