The Polish central bank (NFB) has been accused of paying prominent Polish YouTubers to run a “low down and dirty” smear campaign against the cryptocurrency market, without properly disclosing sponsorship.
Poland’s central bank has been accused of orchestrating a subversive, online smear campaign against cryptocurrencies.
As reported by Business Insider Poland, the Narodowy Bank Polski (NFB) spent around 91,000 zloty (£19,430; $27,300) on Google, Facebook, and other websites, in a subversive smear campaign aimed directly at attacking the legitimacy of cryptocurrencies — such as Bitcoin, Ethereum, Litecoin, etc.
Most notably, NFB also paid prominent Polish YouTube network Gamellon to run anti-cryptocurrency videos without disclosing the fact that the videos were technically sponsored content.
Gamellon is a YouTube Partner Network “focused on supporting YouTube gaming creators,” which aims to “help creators develop a sustainable YouTube GameNation.” The network offers cross-promotion and collaboration, copyright protection, and exclusive deals.
The secretive slander campaign funded by NFB presumably falls into the latter category.
‘Low down and dirty’
Gamellon works with some of Poland’s most prominent YouTubers. One such figure, Marcin Dubiel, published a video titled “STRACIŁEM WSZYSTKIE PIENIĄDZE?!” — which loosely translates as “I LOST ALL MY MONEY?!”
Dubiel’s video is satirical and largely pokes fun at less-than-legitimate alternative cryptocurrencies (altcoins), which are often times little more than pump-and-dump schemes. In the video, Dubiel goes all in on a fake cryptocurrency called Dubielcoin, sees massive returns, but then is left holding the bag while he loses everything. The video has more than 500,000 views at the time of this writing…