Would you trust FB with your KYC details?

[robattfield]

I wouldn't. I don't think this coin will succeed! What do you think?

There are billions of people using Facebook, and most of them have provided personal information. KYC is just verifying the match. I believe in facebook money, because it will promote strongly to many people who know the crypto market. And it will be a strong currency competing with ETH because it has a large community.

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[romecheo]

Trusting FB for KYC?, FB users already did, without knowing it, they already share their personal information, even their daily life activities, even to their family activities.

Imagine, FB knows your Bday, your work schedule, the company you work, your friends, your family, your next schedule vacation leave.

KYC is nothing compared to what FB already knows about every subscriber/s.

[passwordnow]

With this scenario that happened to Binance: Binance Customer Data Has Leaked: What We Know and What We Don’t
I'm starting to lose confidence of passing on KYC with any website unless I've proven that platform is trustworthy and I'm willing to pass on KYC with them.

[NavI_027]

KYC is nothing compared to what FB already knows about every subscriber/s.

That's right! Why feel something new to the thing you already did long time ago? Lol. But kidding aside, let's just hope that our basic info will be maintained in good condition though there are already past incidents of data leaks. I wish I can stop using FB but I can't, I don't know why. It is probably because it became part of my daily routine already and it is somehow addicting to scroll, like and share. Hence, we can relate ourselves into slaves — modern slaves (very sad but true).  

Actually, I'm getting paranoid these past few days because my girlfriend and I can't open her account even though she only open it on her cellphone. Fortunately, we able to recover it with help of an IT guy.

[Menawi12]

KYC is nothing compared to what FB already knows about every subscriber/s.

That's right! Why feel something new to the thing you already did long time ago? Lol. But kidding aside, let's just hope that our basic info will be maintained in good condition though there are already past incidents of data leaks. I wish I can stop using FB but I can't, I don't know why. It is probably because it became part of my daily routine already and it is somehow addicting to scroll, like and share. Hence, we can relate ourselves into slaves — modern slaves (very sad but true).  

Actually, I'm getting paranoid these past few days because my girlfriend and I can't open her account even though she only open it on her cellphone. Fortunately, we able to recover it with help of an IT guy.

I agree, if we remember the cambridge scandal, Facebook already knows our profile. When we register, we must provide our telephone number so that our account is secure. I don't think it's a problem to do KYC on Facebook because Facebook already recognizes that their application knows our profile

[EdenDice]

I already submitted my KYC documents to many unknown crypto projects, so, I have no problem with Facebook. Facebook is the world's largest social media network. I believe my KYC will be safe there. It is not a random crypto project that can sell your documents for some penny.

What does it change if it's big or small? KYC is not money and they won't pay you for losing it. FB is known for leaking data and suspected of being a database for FBI, CIA and other government institutions.
Is your data really safe there? If you have nothing to hide it probably is... for now. In a few years you decide to hide from the government and it will be too late.

Your points are right though, but where are we safe? In crypto? not anymore. We are doing bounties and they are collecting our KYC documents too. So, they can leak or sell our data too. Though I am not doing illegal things and the government already has my data. So, I am not worried about Facebook data leaking!

[senin]

More recently, Facebook was fined a huge amount for leaking the personal data of users, which they indicate during registration and which are not published in the public domain.
I deleted my Facebook account a long time ago. I do not want my data to be abducted by intruders.

That is why Facebook does not cause any self-confidence. Moreover, its stable coin Libra will not inspire confidence, unless of course it is ever released, which I very deeply doubt. It is categorically impossible to concentrate in private hands such a large amount of confidential information. Moreover, to add to the existing information about users in the social network also information about them of the financial plan.