Friend or Enemy - The Strange War of Poland With the Cryptocurrency

In the list of anti-cryptocurrency countries, Poland has never protruding. In fact, there was enough evidence to suggest that the East European country is moving towards the use of Bitcoin and Blockchain technologies.

However, the NBP's recently publicized smear campaign (the National Bank of Poland or the Central Bank) has given up all inconsistencies. The NBP admitted that it paid a number of YouTubers an amount of about 21,000 US dollars to discourage Polish citizens from buying crypto conversions out of fear of losing all their money.

The NBP called it the "educational campaign", trying to overcome the dangers of crypto-conversions, but it came up rather a smear campaign that raises questions about the Polish government's view of cryptocurrency.

Poland, with other countries of Europe never demonstrated any genuine discontent with the cryptocurrency before this last campaign to discredit them.

Back in 2013, there were reports from an official from the Ministry of Finance of Poland, which said: "What is prohibited is allowed. However, of course, we can not consider bitcoin a legal currency. "

In 2015, the Ministry of Finance of Poland issued a statement that "any regulatory action aimed at addressing the problems of trading virtual currencies. They should be taken either as a result of initiatives at the EU level, for the purpose of cross-border business, or as a result of a cryptocurrency with a market failure of threats. "

In an interview in February 2015, Philip Godetsky, CCO from Bitcurex, a major Polish currency exchange, explained the government's position as neutral: "From our point of view, it would be difficult to talk about a negative trend. The attitude towards Bitcoin in Poland is neutral, coming down with trends in most EU countries. Institutions look at the project from a certain distance, waiting for what will happen next. The situation is similar to banks. "

In February 2017 trade Bitcoin and other crypto-currencies were officially recognized in the country. The government website stated that since December 1, 2016 "the issue of electronic currency and the purchase and sale of electronic currency through an Internet stand, classified by official statistical services in Poland." Although there can be no final position in the bitcoin and cryptocurrency coming out of Poland, the government apparently allowed it to exist and continue to function.

One of the great indicators that the Polish government was inclined to be friendly to bitcoin was that in March 2017, he issued his Best Practices document to promote the digitization of the national crypto-currency market and help start-ups in the market.

These recommendations were followed by several other programs aimed at promoting cryptocurrency technologies, such as the Digitization Program Blockchain / DLT Stream and Digital Currencies.

More importantly, many well-known crypto-currency companies have established a store in Poland for many years, because the banking system was so friendly and much more liberal than many others in Europe. Even the British stock exchanges and even the notorious Mt.Gox provided financial support in Poland.

Despite the fact that Poland does not make a final decision about its perception of Bitcoin, Blockchain and the entire cryptocurrency market, there is evidence that the government sees in it the potential and opportunities. Therefore, it is very surprising that the Polish Central Bank launched this campaign with a smear that was partially hidden, but also shameless.

In network appeared a video that inflicts slander to bitcoin.

The problem is that these videos are very slanderous in bitcoin and can hardly be called educational in the real sense of the word. In addition, there was no indication that it was a paid or sponsored video.

Another blogger, Maciek Budzich of the Mediafun Blog, also wrote about the strange sponsored videos and their impact on the perception of crypto-conversions in Poland.

What is the effect?

The campaign, of course, was noticed, but probably for the wrong reasons, as most media sources reported on the secret aspect of financing, not the "educational" campaign. In Poland, when the news broke that the Youtube video was paid for by the NDP, the reaction among the country's cryptography was one of anger.

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