On 10 May KNF announced a tender for two spots and a social campaign warning against investing in cryptocurrencies. The KNF has allocated PLN 0.5m net for the campaigns. On 10 May KNF announced a tender for two spots and a social campaign warning against investing in cryptocurrencies. KNF has allocated PLN 0.5m net for the campaign. The campaign was to start in June and that is exactly what happened. The first spot has already appeared: "Who you will be when the bubble bursts". - aimed at raising awareness among financial market participants, warning of the risks associated with investing in cryptocurrencies, financial pyramids and the unsupervised forex market." {outube}v=JJz6XjjC9Jo{/youtube} The spot was intended to address the risks associated with investing in cryptocurrencies, financial pyramids, and the unsupervised forex market. It was also meant to promote the KNF Alert app. After watching the spot, it is clear that the main focus was on warning against cryptocurrencies. "Crypto-fatamorgana", "world of illusions" is the main motto of the spot. Most importantly, the spot is structured in such a way that there is no separation between the issue of cryptocurrencies and financial pyramids. Intentionally or accidentally, the spot even suggests that cryptocurrencies are pyramids. There is basically nothing about the unsupervised forex market except for the last sentence. The spot therefore looks like an attempt at social manipulation and basically fails to meet its initial assumptions stated in the public order. While there would be nothing wrong in making people aware of the exchange rate risks of cryptocurrencies, equating them with financial pyramids shows a misunderstanding of the topic or a deliberate ploy. It basically left out the most important issue on which the most emphasis should be placed, i.e. the actual financial pyramids that have aroused the most controversy in recent times and are a serious threat. Tags bitcoin KNF cryptocurrencies Poland
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