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Question: would you give your fingerprint or eye scan for a fair money supply?
yes - 18 (40%)
no - 27 (60%)
Total Voters: 45

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Author Topic: would you give your fingerprint or eye scan for a fair money supply?  (Read 1013 times)
Bitcoin-Turkiye
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March 19, 2019, 11:06:09 PM
 #41

 fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.

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March 20, 2019, 02:14:38 AM
 #42

fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
right. the more specific that can be developed so that security is maintained. the presence of fingerprints or eyes certainly makes hackers more difficult to penetrate, so it is expected that the user's wallet security remains safe

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March 20, 2019, 11:55:19 AM
 #43

I don't think this is for me. The article was kinda limited but I'd rather just work for a crypto that appreciates in value so I can eventually spend my time NOT working. Also don't like the biometric part.

How is the hour credit priced and earned anyway? Just work for an hour and get an hour's worth of credit?

Let's say I work an hour transcribing some doctor's recordings and I then get 1 currency (let's call it ChronoCoin for example). Since this coin is in theory worth an hour's service, wouldn't it be unfair if I pay someone 1 ChronoCoin to have someone to clean my house for an hour?
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March 20, 2019, 12:13:20 PM
 #44

Fingerprint and eye scan is the one that provides with the individuality. People who always prefer to be anonymous won't go with this fair money supply. As most of the users mentioned, end of the day what we are looking for is an earning. With this into mind I'll give my fingerprint and eye scan.

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March 20, 2019, 01:17:06 PM
 #45

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

Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
How can you put your trust in him? The decentralized market has many scammers and they can do many ways to steal money or steal your information.
I think you should be alert to such personal demands.

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March 20, 2019, 05:04:59 PM
 #46

I am not going to give my individual identity to anyone for the sake of getting some bucks,do you know how much this worse can do for you?

Even you can find your identities selling on the darknet which will be used for crimes so at the end you will be called as criminal eventually so don't do it bro.

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March 20, 2019, 05:06:42 PM
 #47

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

Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
How can you put your trust in him? The decentralized market has many scammers and they can do many ways to steal money or steal your information.
I think you should be alert to such personal demands.
Darknets are full of such deals about the collection of personal data.  Markets are full of scammers and they are looking for new wise options for scamming more and get rich with selling other's personal data.

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March 20, 2019, 11:51:05 PM
 #48

Why would someone need to give their personal unique identity to someone who's not so reputable and not a well-known company? It's a breach of personal security to give it to someone that doesn't give you a credibility that you can trust them. They need to prove their services first in public before doing so over here. Personal security is something that you have to give assurance to the public that it won't be used against them or any other means of exploiting it.

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March 20, 2019, 11:55:51 PM
 #49

No, I wouldn't. Bio metrics is crucial and private information. It can be used in criminal ways so I won't be willing to give it away just for some cash. Or any private information for that matter. Your own privacy and security shouldn't be bought so easily. Even when I'm struggling financially, I won't be so willing to give away my finger prints or eye scans just like that even if money was involved. Its like selling your own unique identity. Plus, I find it kind of sketchy since what gain would you get from this information?
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March 21, 2019, 03:04:15 AM
 #50

Why would someone need to give their personal unique identity to someone who's not so reputable and not a well-known company? It's a breach of personal security to give it to someone that doesn't give you a credibility that you can trust them. They need to prove their services first in public before doing so over here. Personal security is something that you have to give assurance to the public that it won't be used against them or any other means of exploiting it.

Very well said man! Thats like envading privacy. Service proof first before anything else. In this generation you can trust no one, and your identity would be the most critical once it is stolen.
Even KYC got a lot of complains, how much more if youre asking for finger print and eye scanned or any biometrics.

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March 21, 2019, 04:24:59 AM
 #51

I wouldn't no matter how big his offfer is. Who would know on where will he/she use it. I don't let someone to use me in doing such shady activity specially when fooling other around. Giving your unique identity to them is like selling yourself to them.
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March 21, 2019, 08:00:07 AM
 #52

fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
right. the more specific that can be developed so that security is maintained. the presence of fingerprints or eyes certainly makes hackers more difficult to penetrate, so it is expected that the user's wallet security remains safe
Well I do not know much about eye scanners but for fingerprints, even though it looks effective, it does not mean that it is infallible. They also make mistakes and it’s not 100% faultless. Optical scanners will not always be able to differentiate between pictures of a finger and finger itself but captive scanners can be sometimes fooled by a mold of a person’s finger. I feel the scanner can be tricked by anyone if they get access to the authorized users print.

Like you mentioned that the wallet would be safe, but I think some hackers can even cut off somebody’s finger just to get pass a security system, though am aware there are scanners that have pulse and heat sensors to detect a living finger but it can still be manipulated by a gelatin print mold. So, it’s not even as if it gives 100% security, just that this ones will not be addressed as hackers but robbers, but it’s still not that safe because anyone can rob ones wallet that way
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March 21, 2019, 03:55:25 PM
 #53

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

Probably no. I like your idea but i think i'd have to compromise a lot in security if i do that. It's not only scary for myself but for my family as well.i'm fairly confident i can provide well when it comes to finances so no.

 
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mornabo
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March 21, 2019, 08:09:17 PM
 #54

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

Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
Very easy for you to give such a thing? even though in the future all houses, wallets, safety boxes are locked with fingerprint or eyescan so it is safer. I won't do that just because of a bounty, if they want to verify the data because they would like to avoid abusing, then they can try KYC

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March 22, 2019, 11:27:50 PM
 #55

Your idea is still not failproof. Also, just because everyone is limited to one address/account doesn't mean that the money supply is fair.

Furthermore, for this idea to ever work, there needs to be a central entity which has to verify the legitimacy of each piece of identity verification. Whether we can trust this central entity to do their job is up to debate.

I simply don't see the benefits of doing this. You are not directly controlling the currency supply, and there is no mechanism in place that could ever control someone having multiple addresses/accounts. Also as I mentioned, the fact that you're essentially discarding the entire idea of decentralisation.

I think BTC's decentralised currency supply is all we need at the moment when it comes to controlling it. There is no need to do anything further than capping the supply at a point and enforcing it in a decentralised manner, so that no one is able to manipulate it.
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June 03, 2019, 09:05:57 AM
 #56

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, Wink
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June 03, 2019, 01:46:47 PM
 #57

I wouldn't do that. It is an identity issue and more to that is the things being asked for are just what you are and not even a KYC thing. This is greater and more revealing than just a name and mere passport.

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BrewMaster
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June 03, 2019, 03:50:45 PM
 #58

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.

There is a FOMO brewing...
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June 03, 2019, 06:10:34 PM
 #59

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

Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
well i would do it too if its worthed and there is nothing to lose why not. Kyc is needed to ensure no one cheating and using dual account, so as long as its safe and worthed i think kyc is not a problem at all.

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June 03, 2019, 06:35:04 PM
 #60

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.
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