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Author Topic: Is $25 XLM worth your privacy (identify).  (Read 10148 times)
Slash61
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March 24, 2019, 09:39:07 AM
 #61

As I can understand... Is required Gold Level to obtain Stellar Airdrop right? Not just submitting KYC....
the gold level is at kyc 2 I thought it was easy, but the process is still very complicated. many documents waiting in the receipt by the team, and they are still waiting for the announcement of the participants. either still running or has already completed airdrop.

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March 25, 2019, 12:59:50 AM
 #62

Yeah, I heard about it. You are absolutely right. It is like we are selling our data for $25. lol. Anybody understand why they are doing this? To learn the number of users in Blockchain?
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March 25, 2019, 03:02:14 AM
 #63

Identify is very personal and need to be treated as such (confidential). I see no reason why our identity should be taken under the blockchain technology afterall everyone is suppose to be anonymous. Let's be careful on how we deal with this people.
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March 25, 2019, 04:02:50 AM
 #64

Yeah, I heard about it. You are absolutely right. It is like we are selling our data for $25. lol. Anybody understand why they are doing this? To learn the number of users in Blockchain?

I don't think so, they must have other reason behind offering free $25 for your identity perhaps they have plans of benefiting more as they could sell the IDs to other companies for much higher price numerous times to recover for their airdrop expenses. If you truly want to do an Airdrop I see no reason why KYC is need. We have other ways to prevent cheaters, use them.

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March 25, 2019, 04:21:24 AM
 #65

For some people yes it's worth $25 XLM for their privacy, $25 is a really good amount here in my country. That's why many people join that blockchain bounty. I actually not join the $25 xlm airdrop, because i also think like that, is it really worth $25 xlm for my privacy.
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March 25, 2019, 07:18:12 AM
 #66

For some people yes it's worth $25 XLM for their privacy, $25 is a really good amount here in my country. That's why many people join that blockchain bounty. I actually not join the $25 xlm airdrop, because i also think like that, is it really worth $25 xlm for my privacy.
Lol that's a joke, how you can give your personal identity even your passport to others. My privacy should worth even more and thousands dollars still not yet enough for that. So many people from was joking by sending their ID for $25 worth XLM.

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March 25, 2019, 01:07:49 PM
 #67

It depends on the financial status of the person that want to upload his/her document for verification, I personally don't like to give out my personal details to any platform including exchanges where I do my trade because I believe that the crypto market was made to carry out anonymous transactions and this verification process has already change the initial idea of how satoshi wants the crypto world to work this is why I can't be a participant.
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March 25, 2019, 01:24:48 PM
 #68

Normally i wouldn't sell my privacy for 25$

But after giving out my identity lots of scammy icos/bounties, i said hey 25$ is better what i am normally getting. And i applied.

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March 25, 2019, 01:25:03 PM
 #69

there is no different with us, we join bounty or ico with kyc requirement
also we dont know how bounty / ico will end.
many bounty that need kyc also not worth more than $25

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March 25, 2019, 01:29:49 PM
 #70

of course $25 for me is better than doing bounty with kyc requirement
i joined for like 2 or 3 bounty with kyc requirement but at the end their token not even worth more than $20
it just like wasted my times
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March 25, 2019, 01:43:34 PM
 #71

I haven't verified my account and I think I'm not going to verify it soon, I'm not a big fan of KYC the risk is too high for a small amount I don't want to regret something I've done in the past, even if the one asking is a reputable site or company it's still a no to me.

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March 25, 2019, 01:47:55 PM
 #72

of course $25 for me is better than doing bounty with kyc requirement
i joined for like 2 or 3 bounty with kyc requirement but at the end their token not even worth more than $20
it just like wasted my times

$25 isn't a big amount.

It all depend to you. The government is starting to record identities of BTC holders from the past and in order to do this they would have to get the oldest projects which is most likely used by majority of bitcoin users. Eventually if they get the records and tag each address by name then a huge database connected to user's email would be beneficial for government.


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March 25, 2019, 01:54:38 PM
 #73

This never even occur to me before about the privacy for just #25 worth of xlm , which is truly ridiculous, I don't even think of submitting it cos I only use it for saving my coin and most cases when transacting with other people and I don't see any reason the kyc will be of must with just $25 .

I don't think it is a good idea to give kyc when we are talking about decentralized here , am even smelling foul plays here again as crypto is now kyc thing which is totally our of why it was created and I see government taking control of this in near future with this strategy of kyc even in most ICO now.
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March 25, 2019, 02:28:48 PM
 #74

no it is not worth, $25 is just a small amount, it is really risky to give your personal information, what if your personal info use it to scam people?, personal info is important do not share to anyone.

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March 25, 2019, 02:34:13 PM
 #75

I was one of the people who fulfilled the KYC process to get $25 XRP. I sent my ID and then got my rewards. Well, that was actually not really worthy. However, I don't know why I believe that site and then offer my ID. Yeah, maybe it is better to be more careful in the future in order to check and re-check again the programs with the KYC process to be fulfilled. It can be also a lesson for us, more careful and considerable when going to offer our KYC ID to get some rewards.

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March 25, 2019, 03:56:33 PM
 #76

Worth or not it depend on the people themself because if we says our identity not worth for $25 but for some people who need money then $25 can consider as valuable amount and those who really need cash usually not too care if they sold their identity to the particular airdrop because they thought as long as this project legit then giving their personal ID won't be a matter for them

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March 25, 2019, 04:50:50 PM
 #77

To some people $25 is a lot of money and careless about their privacy, it is what they put in their so much that they care about, it is very interesting that people in the space do not stand up for people in this category and try as much as possible to force Stella team to shelf the idea  or their airdrop model


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March 25, 2019, 05:16:03 PM
 #78

I have often think about this things the whole kyc thing, how can a decentralized platform like the blockchain be requiring kyc before service can be deliver to a customer be it an airdrop participants or investors. I believe those sites are stealing our informations and selling it out to other companies that need huge user base.
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March 25, 2019, 05:45:35 PM
 #79

When I saw this requirement about the need to undergo a KYC to participate in airdrop, I immediately decided that I would not do that. Many projects have already asked for a KYC, and now there are neither these projects, not the information what they have done with my personal data.
The idea of ​​cryptocurrency is dying before our eyes. Where is the promised decentralization, anonymity?
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March 25, 2019, 06:26:23 PM
 #80

For people who need money, the value of $25 is very important. but for people who have a lot of money and are concerned with privacy, $25 is not comparable.
the decision is on each of us, you want it or not (share personal ID/KYC). The blockchain also doesn't force you to do all that, if you don't want to. This also applies to other airdrop types and exchange markets.

HILIH                                                                                                                                                                 KINTIL
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