Re:Poland’s Central Bank Secretly Paid YouTubers to Slander ...
by gocartStatue on Wednesday February 21, 2018 @08:03AM
(#16429104)
Polish people tend to have very low knowledge about any form of investing. First of all it is economically unavailable to at least ~50% of our citizens, earning dominant income of ~6400 USD per year. People with serious investing skills and knowledge are a bunch within top few percent of highest-earning citizens. I work as a programmer in software company. Many of my high-earning colleagues "invest" in Bitcoin because it's hot, while they know next to nothing about investing, markets etc. So I would agree that informational campaign is generally a good idea, learning a lesson from our history with CHF mortgages and scams like AmberGold.
As to "lack of access to information in English language" and issues with internet access, this is just funny. We have literally the cheapest internet in the world, good LTE coverage, FTTH in cities and fiber-to-every-school programme. Silicon Valley has far worse internet than most of our country, for what I've heard :)
Re:Poland’s Central Bank Secretly Paid YouTubers to Slander ...
by FeatureRush on Wednesday February 21, 2018 @07:47AM
(#16429027)
Can confirm, this is mostly campaign to remind about risks so people make more informed decisions.
There was some other campaign couple moths ago that warned about "kryptowaluty i ich podróbki" that tried to target project advertising as cryptocurrencies that are just normal scams like OneCoin and clones (Dascoin etc). I've seen many people here in Poland falling for that.
Sure people make their own decisions, but for it to work there needs to be certain level of information available.
The committee's involvement is not surprising in this case. One of the agency's goals is to provide information about financial risks. It even keeps a public registry of companies reported for not paying their debts (think credit score for businesses). It's very much what they should be involved in. In case anyone thinks they're on the banks' side - they're involved in prosecuting banks and pension funds regularly.
As for the contents of the campaign's site https://uwazajnakryptowaluty.pl/ - it's very reasonable. I couldn't find anything outright wrong on it. It doesn't even tell you that you shouldn't buy Bitcoin. The repeated information and claims are not very different from what you sign when you open a share dealing account - you can lose money, gains are not guaranteed, these investments are not insured, lack of liquidity is possible, etc.
The social advertisement campaigns are also nothing uncommon in Poland. Sober driving, don't dive in shallow water, read to your kids, and similar topics are the common target of the social ads / PSAs that are created when some issue gets too common in the country.
The fact that the are no gov logos in the video clip is weird. (Also the clip is extremely cheesy - think high school video project about misinformation surrounding cryptocurrencies) But the campaign itself seems fine. The post is very sensational.