Oilacris
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June 03, 2019, 06:40:44 PM |
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no i would not. the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan! and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
Well said! that fair supply thingy wont really be a big thing yet it wont just focus into this thing but rather to utility.It isn't really needed to come to that point like retina or fingerprint verification just for the sake of this fair supply thing yet there are more other things which would already be enough and not coming already into this extent.
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Gibreil
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June 04, 2019, 04:21:57 AM |
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No, I wouldn't if I can't trust it hundred percent. I wouldn't dare to take a risk by giving my private data if I have a doubts against it. I should go for further investigation for my own security if I'll try the risk. Why don't they have a super secured transaction then it will not be questionable anymore.
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Adriano2010
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June 04, 2019, 07:32:05 AM |
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I also don't want to give it, i think only the situation if the website is trusted and can't use it without that, but i also don't understand what is fair money supply, this not guarantee that the project is legit and if our sensitive data is protected, but i understand you need to distribute the coin fairly and to only one person to get coins and not get cheated.
Is your project still live?
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breathlessz
Member
Offline
Activity: 770
Merit: 12
Trphy.io
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June 04, 2019, 08:14:02 AM |
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no i would not. the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan! and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
Well said! that fair supply thingy wont really be a big thing yet it wont just focus into this thing but rather to utility.It isn't really needed to come to that point like retina or fingerprint verification just for the sake of this fair supply thing yet there are more other things which would already be enough and not coming already into this extent. right, it doesn't need to be that far for a fair money supply. it is very personal to be a secret document from someone's person. in my mind, I will not give fingerprints or scans to any party
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coin-investor
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June 04, 2019, 12:48:14 PM |
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I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account would you give your fingerprint or eye scan for a fair money supply? see https://en.wikipedia.org/wiki/Time-based_currencyIt depends on the project if the project is good why not if it has a potential in the market why not, people do not want KYC for the simple reason that the project is gone after several months or cannot keep up with their roadmap, and they are afraid that their information will go to a third party which they do not know.
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iMark
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June 04, 2019, 03:00:08 PM |
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I have never given my personal information other than National ID, I do not want to give up my personal data beyond that, especially if I have to submit fingerprint data or eye scan data.
I will not do that and especialy give it to third parties. we know that third parties are not always safe, they can just sell your personal identity or abuse it? for example if your deposit-box is locked with fingerprints or eyescan, they can rob it with the data they get, don't do it to anyone #imo
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leavolnhals
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June 04, 2019, 04:55:13 PM |
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I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account would you give your fingerprint or eye scan for a fair money supply? see https://en.wikipedia.org/wiki/Time-based_currency I will not do that. I am afraid to sell my information. because my information holders will be able to do other illegal things that I don't know. In the crypto market, we should not provide our personal information for some bad projects. They can sell all our information just to earn more money.
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ethereumhunter
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June 04, 2019, 05:19:25 PM |
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I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account would you give your fingerprint or eye scan for a fair money supply? see https://en.wikipedia.org/wiki/Time-based_currencyNo, I won't do that because that will give my whole secret identity to you and that will be too dangerous for me. I cannot protect myself from anything if I do that even if that for fair money supply. We don't know how fair that money supply for every people and we don't know what will they do with the verification that we did so it is better that we can prevent that to protect ourselves from any illegal things that might happen to us.
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Tylev
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June 04, 2019, 06:09:31 PM |
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I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account would you give your fingerprint or eye scan for a fair money supply? see https://en.wikipedia.org/wiki/Time-based_currencyIf you want to create your own cryptocurrency, what is the need to make sure that the participants on this forum use only one account? Is it vital to create cryptocurrency? I do not think so. A fingerprint or an eye scan to use a cryptocurrency is hardly worth using. With this method, we will not be able to transfer our wallets to anyone, and we are not eternal, and we need to provide options for events if something happens to us.
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legenduim
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June 04, 2019, 06:18:12 PM |
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By all means no. Security is a big issue for me, that is why I try so much to look for non-kyc companies when it comes to my bounty hunting. I really do not want my identity to be used in various purposes worst, terrorism. Money will come at the time of need but i don't think selling my identity in exchange for money will be on the list. Of course there are millions of us, but man, protecting your identity should be your priority. Do not conform to what other people do. Let us all be enlightened, If you did not do anything wrong, you do not have to be afraid of giving fingerprints for these purposes. I am not sure that this data will help terrorist hurt you. If it is needed, I will agree with this procedure.
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CryptoBry
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June 05, 2019, 02:52:00 AM |
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I have never given my personal information other than National ID, I do not want to give up my personal data beyond that, especially if I have to submit fingerprint data or eye scan data.
I will not do that and especialy give it to third parties. we know that third parties are not always safe, they can just sell your personal identity or abuse it? for example if your deposit-box is locked with fingerprints or eyescan, they can rob it with the data they get, don't do it to anyone #imo Yes, this can be the problem. Usually we don't and will not trust third-party entities to handle these sensitive data and they can just be abused like being used in tracking someone that may not agree with the agreement or can even be use as a bait for someone to do something against his own will...in other words the information gained can use to control people. It does not matter if the present people managing the system can be good or not because later then they can be replace and the risks can be too much. It is enough that we have a good system that can check people who are doing illegal things. Ideas like this should be thoroughly vetted before being implemented.
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emmybd
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June 05, 2019, 05:27:26 AM |
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I am not going to give my fingerprint or eye scan to any non-government private firm. I simply don't trust them, as I believe my identity is more important than any fair amount of money.
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BitcoinPanther
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June 05, 2019, 07:56:27 AM |
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I voted no but this depends on the amount I have to get from this thing. Most of people in my country would give in to this offer since it will enable them to have a supply just by doing so. Aside from that, in a developing country many people would do anything just to get an income. But since I am ok with regards to meeting day to day needs, I think I'll pass until the situation gets dire.
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Kimonoe
Member
Offline
Activity: 700
Merit: 10
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June 05, 2019, 03:57:13 PM |
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I voted no but this depends on the amount I have to get from this thing. Most of people in my country would give in to this offer since it will enable them to have a supply just by doing so. Aside from that, in a developing country many people would do anything just to get an income. But since I am ok with regards to meeting day to day needs, I think I'll pass until the situation gets dire.
terrible at the end is probably the right word. Hopefully we are not pressed for the situation and do not take this path to get supplies. As for this activity, it is valid because of a frustration
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ricardobs
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June 06, 2019, 09:29:24 AM |
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I think this is the first time I'm seeing anything as time based money. Okay from what I read on the wiki page if the average hourly rate is $20/hour, then a commodity valued at $20 in the national currency would be equivalent to 1 hour, So does that mean that this time money you're talking about can as well be exchanged for fiat just like we do with bitcoin and other cryptos? And how much will someone be getting paid and how exactly is someone giving out their fingerprint/eye scan? I don't understand a thing about this.
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beerlover
Legendary
Online
Activity: 3038
Merit: 1188
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June 06, 2019, 11:36:42 AM |
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What is the "fair money supply" that we are talking about. And while we are at it who am I giving it to?
If I am going to give it to something shady then I would not accept it and even if it was something as big as apple or Microsoft and all that I would have to report it to authorities about me giving them my finger print.
I am not even using iphones finger print knowing unlocking thingy. Hence I would accept it in theoretical sense but I need to know more information. For example if it is a big huge corporation like a big bank or apple and what not and they give me enough money with inflation adjusted every year forever and helps me not work ever again in my life, why wouldn't I accept but why would apple give me that much money until I die for just my eye scan and fingerprint?
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Genemind
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June 06, 2019, 03:39:41 PM |
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I think that's too much. We're already submitting some documents to comply with the requirements of Kyc and I guess providing our own fingerprint and eye scan is too much. I won't risk that information for any money supply. What if hackers would use that information in fraud? As for me, KYC is enough.
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rizkyhiw
Legendary
Offline
Activity: 1484
Merit: 1004
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June 06, 2019, 04:08:20 PM |
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Will that happen? I am sure most people do not support that by providing more detailed and more important personal data only for a fair supply of money, it will never be comparable to me it can be misused at other times and their interests, do not let this work because of my KYC don't like a little but many people send KYC just to get coins that aren't necessarily good and real.
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Mahanton
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June 06, 2019, 04:48:25 PM |
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Fair money supply?No it wont happen.
The entire globe do have different sets of type of government and its impossible on having such coordination on such decision yet there would be always those people who would have take the lead rather than agreeing on a fair supply or distribution of funds.
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cryptoknightt
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June 06, 2019, 06:19:19 PM |
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Will that happen? I am sure most people do not support that by providing more detailed and more important personal data only for a fair supply of money, it will never be comparable to me it can be misused at other times and their interests, do not let this work because of my KYC don't like a little but many people send KYC just to get coins that aren't necessarily good and real.
well, there are a lot of people like that, examples of cases like those that happened on blockchain and coinbase, there they can get additional trading capital when they have done KYC and the price they pay only for $25 in my opinion is very valuable because your identity can be sold at a price higher than just $25.
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