would you give your fingerprint or eye scan for a fair money supply?

[mersal]

No,It is not advisable to give our unique identity to anyone because even for the twins it won't be same finger prints so its only for you and use for your personal needs,just verifying using is simply throwing that identity for money which can be abused and you may need to face the consequences later of your life.

[1713620497]

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[1713620497]

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[South Park]

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.

KYC in this market is bad enough, bitcoin and all this market was created so we did not had to comply with that kind of invasion to our privacy, many people have been so influenced by the media that they think that if you do not have anything to hide then you should reveal everything, and that is not true, there are people out there that value their privacy and that do not post everything they do in facebook, so I will never give away such private information for the illusion of a fair money supply, and I say illusion because such coin will have to be centralized and we know what happens to centralized coins.

[guoyu78]

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 I am to self myself out through my identity, let it even be for very high amount of money and not these token the they are requesting one identity for, to me, it is really an insult, one of them came up recently and promised to give $40 for the KYC, why would I give own my data to such little token, when they know what the worth of the info I am giving is.

If the information is not going to be changed to money by them as they claim, why are they also offering money for it? So we really need to be careful and know that some of them are even selling our data out for various purposes against our knowledge.

[Mike Mayor]

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.

Exactly thank you very much!! xD

Here is why KYC is total crap.

Mr scammer is lazy and wants to make a lot of money very quickly to live his fast and uncaring life style. Mr scammer thinks very hard of what to do. Mr scammer remembers the threads and forums he was visiting to learn the latest scams and ways to be a dirty thief. Mr scammer find a black market someone recommended to him. Mr scammer notices person ID being sold for $50-$150. Mr scammers rubs his hands together and decides this will be very easy because Mr scammer knows that bitcointalk is full of idiots giving away their KYC.

Mr scammers takes 5 minutes to make an airdrop that asks for KYC and offers $200 each sign up. 10 people sign up and mr scammer sells those ID/KYC and goes on a trip.


Advanced Mr scammer wants to make more then Mr scammer so advanced mister scammer creates a fake coin to sell at a fake ICO and gets the ID/KYC by asking for it in order to invest in mr advanced scammers fake coins. Mr advanced scammer knows if he goes on about crime and AML and other bs he can scare people into giving KYC. Now Mr advanced scammer gets the ICO money and the dumps all coins on the exchange and makes even more. Not to talk about the KYC profits.

I would not be surprised of many people here have had their KYC sold.

[South Park]

If I am to self myself out through my identity, let it even be for very high amount of money and not these token the they are requesting one identity for, to me, it is really an insult, one of them came up recently and promised to give $40 for the KYC, why would I give own my data to such little token, when they know what the worth of the info I am giving is.

If the information is not going to be changed to money by them as they claim, why are they also offering money for it? So we really need to be careful and know that some of them are even selling our data out for various purposes against our knowledge.

Correct, bounty hunters are so desperate to make money that they will give their identity away to anyone that ask, scammers know this and they are offering that amount of money on tokens that we know will not have that value when they hit the market, so this is perfect for scammers, they get the identity of thousands of people for tokens they created out of thin air and that will never have any value while bounty hunters do not receive anything for their most important information in the world.

[Boh manok]

Whatever it is I will think about before submitting my scans or fingerprints, I will understand what it was before I joined him, so I was very difficult to submit my fingerprints and scans so I, whether it was profitable for me or could be able to  endanger me going forward

[smyslov]

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 would not do that because you are not a company or even compliant with any government, if you can show us that you are a legit company and very much compliant and guarantee that our information will not be solved to a third party, why not but if you cannot show us then I have to decline.

[congresowoman]

It is a hard decision to make as this will serve as a threat to the privacy of an individual. Maybe I will say yes provided that there is an assurance of fire my data will be stored and utilized. Nowadays you really can't tell because hackers always find a way to hack into the system and steak those data.

[tippytoes]

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 would not do that because you are not a company or even compliant with any government, if you can show us that you are a legit company and very much compliant and guarantee that our information will not be solved to a third party, why not but if you cannot show us then I have to decline.

No, I won't. We have the same answer on this one. Are you going to trust an unknown person from the net with your identity? Fingerprint or eye scan is all you have if all your material possessions are gone. And you are going to risk the only identity you have? I don't think so. He can say all the good things to his creation, but who are going to assess its value? There's no guarantee that it will even hit the market, but wait, you already sent your identity to him... Opppssss

[MidKnight]

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 just felt much more danger with that process. I've seen many heist movies or robbery movies and they all did the same thing with that security feature, which is they killed the guy and place his head to match his eye for the security access or cut the finger right away. Forget it and it will never happen. Fair money supply won't exist because greed will always destroy that process.

[EdenHazard]

Whatever it is I will think about before submitting my scans or fingerprints, I will understand what it was before I joined him, so I was very difficult to submit my fingerprints and scans so I, whether it was profitable for me or could be able to  endanger me going forward

What makes you feel benefited? Money? How much money that you hope for your personal identity? It's so risky when you put your personal identity on the internet thing. You will loss your asset if later there is an exchange that need a fingerprint to access your wallet. But I won't do it with how much money that will earn from an event, it will be good if you gain money from your skill such as trading and find signature campaign that earn btc comparing to earn money through your personal identity.

[fortunecrypto]

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

unlikely I'm a big fan of decentralization, and all my information are mine and mine alone I cannot even prove that you'll have a project that will have a potential in the future, the worse thing is, you have one of my information and I have your tokens which have no value at all only a promise coming from you that it will soon have a value.

[beerlover]

Shouldn't it depend on the money? I mean we all know we are talking about a potential ICO here with the information given with the funding and in return we are getting a certain amount of money most likely not enough to worth it. However if we are going to just assume any amount then I am sure we can find a right amount.

Some people would be willing to give their information for 1000 dollars, some people would be willing to do it for 50 thousand dollars, some may request a lot more, maybe we need a monthly thing or maybe we need one time big thing.

Basically I am sure you can find people that will accept it for a certain amount, its just the question of how much. I am sure if this idea turned out to be real and you did it for 50 thousand dollars per person you can find thousands of people sending their ID easily. However, if you ask them they will say no while if you offer them they will say yes.

[Kakmakr]

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.

Exactly thank you very much!! xD

Here is why KYC is total crap.

Mr scammer is lazy and wants to make a lot of money very quickly to live his fast and uncaring life style. Mr scammer thinks very hard of what to do. Mr scammer remembers the threads and forums he was visiting to learn the latest scams and ways to be a dirty thief. Mr scammer find a black market someone recommended to him. Mr scammer notices person ID being sold for $50-$150. Mr scammers rubs his hands together and decides this will be very easy because Mr scammer knows that bitcointalk is full of idiots giving away their KYC.

Mr scammers takes 5 minutes to make an airdrop that asks for KYC and offers $200 each sign up. 10 people sign up and mr scammer sells those ID/KYC and goes on a trip.


Advanced Mr scammer wants to make more then Mr scammer so advanced mister scammer creates a fake coin to sell at a fake ICO and gets the ID/KYC by asking for it in order to invest in mr advanced scammers fake coins. Mr advanced scammer knows if he goes on about crime and AML and other bs he can scare people into giving KYC. Now Mr advanced scammer gets the ICO money and the dumps all coins on the exchange and makes even more. Not to talk about the KYC profits.

I would not be surprised of many people here have had their KYC sold.

I wonder how many of these smaller exchanges are doing the exact same thing? I always "watermark" my ID documents with the site or exchange name written on the photocopied document, so that I can source the leak if someone used my ID documents to signup for some other service.

I have not had one instance where the exchange or service did not want to accept the "water marked" documents, because they know why people are doing this. It also keeps them on their toes, because they know they will be blamed if that information is used and traced back to them. 

[Janation]

Whatever it is I will think about before submitting my scans or fingerprints, I will understand what it was before I joined him, so I was very difficult to submit my fingerprints and scans so I, whether it was profitable for me or could be able to  endanger me going forward

We should really be careful with these.

Giving off your personal address, your phone number or your card number is bad but giving off your eye scans and fingerprints is much worst. Giving off your personal information is dangerous since bad people might go to your place and do bad things but in terms of giving off your scans and fingerprints, that is like giving off your identity to them and I see that as the worst unless you know what you are doing and you know what that company's goal is.

[whyrqa-1]

It seems to me that initially all the activities in the cryptocurrency market need to be put in order, so that there is no abuse and fraud, because each of us is already worried about the frequent requirements to provide passport data.  When and when a request for a fingerprint or retina comes, then your personal data will always be threatened, since you do not know to whom you are transmitting it.

[Tigerw]

It seems to me that initially all the activities in the cryptocurrency market need to be put in order, so that there is no abuse and fraud, because each of us is already worried about the frequent requirements to provide passport data.  When and when a request for a fingerprint or retina comes, then your personal data will always be threatened, since you do not know to whom you are transmitting it.

Until recently, users of cryptocurrency were outraged by the fact that they are beginning to demand that they provide KYC in order to have access to their rewards, earnings and funds.  We were all outraged, but still provided passport information.  Then we resented the confirmation of our identity through video.  Nevertheless, they fulfilled this condition.  Thus, there will not be much surrender regarding the requirements of a fingerprint, but nevertheless everyone will even fulfill such conditions.

[Shenzou]

Giving a fingerprint to some random will surely get you in trouble, just thinking about they could easily put it on a crime seance and accuse of murder or theft, but giving an eye scan does not sound that big of a deal because there will be no use for it, unless you are the president or some owner of the a secret vault they can't use it, so i don't see a harm in giving an eye scan for money for the time being, but i am still against giving crucial personal details that are not already public.

[sana54210]

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

unlikely I'm a big fan of decentralization, and all my information are mine and mine alone I cannot even prove that you'll have a project that will have a potential in the future, the worse thing is, you have one of my information and I have your tokens which have no value at all only a promise coming from you that it will soon have a value.

LOL, this is the best way to really handle some of these projects developers that are feeling like they do investors or hunter favor with their projects and still demand for unnecessary document from them to the extent of imposing it. People are still fighting KYC so hard and scared of it being used against them by fraudsters and terrorist, why would any project now go to the extent of demanding for finger print which is the worst of it all.

Just has you have mentioned, why would I also do that for a token without value, even if they are paying me so much to do so, such project must really proof to me why it is so important for it to have access to such vital information.

[South Park]

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 would not do that because you are not a company or even compliant with any government, if you can show us that you are a legit company and very much compliant and guarantee that our information will not be solved to a third party, why not but if you cannot show us then I have to decline.

No, I won't. We have the same answer on this one. Are you going to trust an unknown person from the net with your identity? Fingerprint or eye scan is all you have if all your material possessions are gone. And you are going to risk the only identity you have? I don't think so. He can say all the good things to his creation, but who are going to assess its value? There's no guarantee that it will even hit the market, but wait, you already sent your identity to him... Opppssss

Not only that, we do not really need a currency that promises us to offer a fair money supply when we already have bitcoin that offer that to us, in a way the coin that he is proposing runs contrary to what bitcoin is trying to achieve, a currency that only allows you to have one address and that requires such an extreme form of KYC means that the creator of such coin will know not only every transaction that ever happened but he will also know who was responsible for such transaction, so such coin offers nothing that bitcoin does not already offer with the added advantage that you do not need to supply any information to open a bitcoin wallet and have as many addresses as you want.