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Author Topic: Why I don't Support KYC in cryptocurrency as it is  (Read 3012 times)
Rossy Akbar
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October 17, 2018, 02:22:52 PM
 #341

I had no idea actually when the KYC has been using for ICO, well, we all know what is the potencial risk for using our real ID data  on the internet. Then bitcoin is not anonymous anymore when you are using your real ID data for the ICO's. For now we just need to be careful to trust in any single ICO.
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tonyja2017
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October 17, 2018, 02:31:23 PM
 #342

I support your opinion but we cant do anything. In particular, I'm a bounty hunter and I make money from bounty campaigns. I can do nothing but obey their orders. This is an anonymous market, they may not solve your special problem and the manager will take over your paycheck if you cant pass KYC!

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October 17, 2018, 02:33:53 PM
 #343

Your every point seem good! We really don't need KYC. Before KYC, Scam ICO amount was very poor, but After KYC come, Scam ICO is increasing incredibly. I don't see any good output in KYC system. They are doing this to pretend scammer from the ICO, but I am not sure about their success ratio. People are making fake documents and they are accepting this! I will vote to No KYC!

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rumexx
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October 17, 2018, 02:41:49 PM
 #344

Iam just with you completely. I found it absurd to ask bounty hunters for KYC when there are not investors. The worst case some of the project will never mention KYC till the reward period is around the corner. I am flowing with the post that cryptocurrency is not regulated  yet and the reason for the project owner to ask for KYC documents which are  sensitive documents  which should not go out. I condemn this act and support the post all the way.                                                           
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