The Central Bank of Poland secretly financed anti-crypto propaganda videos on YouTube

The Central Bank of Poland has admitted to funding anti-crypto campaigns in social media, specifically the Polish Youtuber Marcin Dubiel and its December 2017 video, "Have I lost all the money ?!" reports the Polish money news portal .pl.

The social media campaign against crypto was carried out by the Central Bank of Poland in collaboration with the Polish network associated with Youtube Gamellon, Google Ireland Limited and Facebook Ireland Limited, allocating around 91,000 zloty (around $ 27,000) to produce content anti-crypto

Money.pl reports that the Central Bank campaign also had videos posted on the Youtube channel Planeta Faktów (Planet of Facts), which has more than 1.5 million subscribers. The Youtube channel of Dubiel has more than 900,000 subscribers.

Dubiel's video does not mention the paid aspect of the Youtuber's inspiration. Since December 8, 2017, Dubiel's digital story of a young man who invests all his money in crypto to lose everything has accumulated more than 500,000 visits. [Bsp]

The description of the video contains the hashtag # uważajnakryptowaluty, which is the Polish Financial Supervision Authority and the joint website of the Central Bank of Poland dedicated to warnings against the use of cryptocurrencies.

The dramatic climax of the video takes place in a restaurant in which the main character can not pay for the meal of his appointment with his new investment in crypto, which causes her to throw money at him and go out in a rage.

Although there have recently been problems with online ads related to cryptocurrency, with China supposedly banning all of these social media ads within the country, anti-crypto ads are more unusual.

After officially recognizing both the trade and the cryptocurrency mining in Feb. 2017, Poland seems to have stayed out of the news cycle related to crypto. However, after Venezuelan President Nicolás Maduro announced the launch of a national cryptocurrency, the petro, Poland is one of the foreign investors willing to exchange food and medicine for the new petro currency.

The video ends with the "evil" cryptographic investor who took Dubiel to ruin laughing while telling his riches in fiat money.