in the future, token holders need KYC

[duyduc256]

maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible

I certainly will not happen because this market is only suitable for those who want to be anonymous and there are many ways to keep the Token without KYC. I think only those who invest early in ICO projects need KYC but if you are a free investor then KYC is not required.

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[gredisgold88]

maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible

What is the concept of decentralization actually? freedom to use money? future technology? If the token is used for daily transactions legally, of course we must conduct an anti-money laundering process.

[vebby]

of course it is very likely this will occur. but I myself am not so concerned with KYC system or not. because in fact the purpose this KYC only as a protection system only. or not, it is certainly not a problem, because only the additional features.

[kipoel]

I don't really like the idea of KYC, cause i've got worried if my data happened to be used for bad things, or being sold.
So I'd prefer to choose no KYC should be implemented.

[ranggenga]

That chance of the implementation of KYC on any project is available, as we can see in the recent project, there are many that already asking for KYC.
At the same time the KYC can be useful for some kind of protection to our coins.

[bamb]

The KYC is obviously for the regulation and requirement from Authority of different jurisdiction where projected are sited! If you are not comfortable with a project asking for your details and all, don't send your details. There are legit project however that need your details for proper evaluation and record!

[Ostonian]

Many projects introduce kyc for participation. And we have no choice, if you want to participate, you need to pass kyc. But what about the main idea of cryptocurrency, anonymity? At the same pace, kyc will be demanded for rebellion.

[SuiMikira]

Perhaps you are confused between digital identity blockchain and KYC. What you are saying is totally opposite with the development purposes of blockchain technology and cryptocurrency. No one can know how much and what token you have, it's anonymous.

[indopool]

maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible

Having a KYC for all token holders is to make crypto safer, it's a good idea to prevent others from being scams and fake people who hide their identities in false information and to undermine illegal actions in the market. It's very possible to make crypto safer.

[Adalwolf]

the actual purpose of this KYC only as an additional security feature of the course. because of the nature of the crime system now also more and more modus. then there's this KYC system to cope with these problems.

[brokens]

maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible

actually it's good to know who is the person identity who receives the token to hold. there are now many projects that require KYC to confirm purchases or receipt of tokens. I think it's good and safe for Crypto.

[michellee]

maybe in the future all token holders need KYC so that a token cannot be misused for bad or illegal things. Is it possible

I think right now, there is some project that needs token holders to filled KYC and the participants that join in the campaign needs to fill KYC too before they can receive their tokens. maybe it will be good for the participants and the project itself so they can monitor who is the person that still give a back up for the project. but I think there are some people doesn't want to fill KYC as they think that in the cryptocurrency, we have a freedom to hide our personal information from anyone. we are free to choose what we want in the cryptocurrency and we need to know the project before we decide to join and filled the KYC.

[astridwi]

for me KYC depends on the developer and blockchain that is used at that time, there is a blockchain that maintains customer confidentiality like monero where customers do not need to fear their data is misused, on the other hand there is a blockchain that requires KYC to collect customer data and monitor activities on tokens or coins this and we often encounter this time.

[yayat]

It is very difficult to accept for this because the KYC is related to the personal data of someone who is dangerous if it is used wrongly.
If the token is expensive and worth the price, it's good, but if the token is cheap and we use KYC, that means it's the same to give your life to a hungry Lion.

[jossiel]

KYC for all the token holders? where's the decentralization on that part if most of them are going to apply this. It's possible for all centralized exchanges that they will do KYC and for ICOs as well which do really happen now.

But by just being an holder of a certain token? I can't see the point of KYC there.

[lihaidong198871]

That is never needed, the characteristics of blockchain is transparent with the transaction. But never again the identity of the owner of the transaction, if the owner has a large amount and their identity is revealed, their safety will be dangerous.