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Author Topic: Is $25 XLM worth your privacy (identify).  (Read 10153 times)
CryptopreneurBrainboss (OP)
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March 23, 2019, 11:29:36 AM
Merited by tk808 (3), vapourminer (1)
 #1

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.

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Bitcoin Miners
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March 23, 2019, 11:35:00 AM
 #2

Nope.
I saw the one for months, but I have never cared to join it.
Losing personal details to surpass KYC and receive $25 in XLM, I won't do this even it can bring $100 or $1000.
It is too risky for all of my account on exchanges.
That site is a big one, reliable, but who knows someday data leaks happen.
There will be nothing happen when attackers are not able to find bugs, but someday, when they found bugs and abuse systems, serious things will occur.
Safest place might be the most risky place, sometimes.

nwosuchristabe2
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March 23, 2019, 11:40:38 AM
 #3

Am yet to understand why blockchain is interested in our identity. Bitcoin should be unregulated and owners of wallet should be anonymous. The idea of giving out $25 in exchange for users identity is suspicious. Let's be careful of how we give out our privacy to avoid unwarranted issues in the future.
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March 23, 2019, 11:43:16 AM
 #4

To avoid cheaters come and steal their XLMs.
But, it's always too bad to disclose IDs for such only $25 rewards.
Am yet to understand why blockchain is interested in our identity.

Newbies or seniors, who can well survive through it, will have other great opportunities, so there is no reason to lose IDs and get $25.
Quote
I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

bitmover
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March 23, 2019, 11:46:53 AM
 #5

If depends on your personal financial situation and where you live.

There are places in the world, such as Venezuela, where you can live one motnh with 25 USD.

If you live in a rich country, I doubt you should take kyc

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funchiestz
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March 23, 2019, 11:50:04 AM
 #6

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.

I don't think it's worth it. I feel like everyone in the world of crypto money has paid just $ 25 to capture their identity data. I think if they had something more innocent, they wouldn't give it to so many people.
znation
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March 23, 2019, 11:59:22 AM
 #7

I have KYC on blockchain.com and it is very difficult to verify, so I don't think it's really stealing my information. This can make us safer.
ChiNgadOr
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March 23, 2019, 12:00:36 PM
 #8

Our personal details should be always kept personal. And by the way, keep in mind nobody will give you somethign as a gift.. if they send you 25$ in tokens.. is because they can profit form your data in a bigger ammount!

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spadormie
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March 23, 2019, 12:14:11 PM
 #9

It depends entirely on your part. If that amount fits you, then you can pursue giving your privacy in their reward. But, if you think that this thing is a scam, avoid it. It's not worthy of your time and it's not worthy of your privacy for just 25 usd.




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LbtalkL
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March 23, 2019, 12:17:41 PM
 #10

Some of my friends tried this airdrop but it seems suspicious they are not giving airdrop anymore they are just collecting details and this is very alarming what if they steal our account on exchanges they are asking sensitive data and yet they rejected the applications seems like a trap for me. Binance can verify kyc in 24 hours but blockchain process it like 1 month and the result is rejected.
maximumcoin
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March 23, 2019, 12:28:52 PM
 #11

Some of my friends tried this airdrop but it seems suspicious they are not giving airdrop anymore they are just collecting details and this is very alarming what if they steal our account on exchanges they are asking sensitive data and yet they rejected the applications seems like a trap for me. Binance can verify kyc in 24 hours but blockchain process it like 1 month and the result is rejected.
I don't think Blockchain.info don't keep promise to give away $25 for each verified case.
It is a big one in crypto, so I strongly believe they will keep giving away $25 for each applicant who got qualified.
I don't join this one, but if the site don't keep promise, drama will come that might destroy all things Blockchain.info built up for years.

semes
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March 23, 2019, 12:35:52 PM
 #12

I don't know if it's worth or not. But despite the fact that I have been authenticated for months, they still have not distibuted me any.
cryptobae10
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March 23, 2019, 12:36:51 PM
 #13

I think the kyc issues of the blockchain was just to phish out some fraudulent peeps
And it worked out already and no one had to worry

You do kyc for airdrops of 5$
So what’s the difference ??
masterrex
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March 23, 2019, 12:37:31 PM
 #14

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.
For me its a big NO thats why i dont trust those KYC without the proper way. My data and privacy is priceless and i wont just exchange it for just $25 worth of XLM never. Thats why dont just fall from those trap and i smell something fishy about it. Blockchain is about decentralization and one of its important feature is the privacy and anonimity be wise and vigilance as always.
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March 23, 2019, 12:39:58 PM
 #15

When I join with airdrop or Bounty that should to fill KYC, I always made a research before, it's mean I'm not easy to give my privacy data to others. And for blockchain.com, I trust to keep my privacy, although I always fail when pass KYC procedure and never received XLM till now.
RasenShuriken
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March 23, 2019, 12:42:44 PM
 #16

I dont even think that my identity will be used for making such an interesting 25$. But if the reward is more than 100$ its worth it.
LbtalkL
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March 23, 2019, 01:03:34 PM
 #17

Some of my friends tried this airdrop but it seems suspicious they are not giving airdrop anymore they are just collecting details and this is very alarming what if they steal our account on exchanges they are asking sensitive data and yet they rejected the applications seems like a trap for me. Binance can verify kyc in 24 hours but blockchain process it like 1 month and the result is rejected.
I don't think Blockchain.info don't keep promise to give away $25 for each verified case.
It is a big one in crypto, so I strongly believe they will keep giving away $25 for each applicant who got qualified.
I don't join this one, but if the site don't keep promise, drama will come that might destroy all things Blockchain.info built up for years.
Yes I know that blockchain.info has already a name but as I noticed they rejected few of them. My friend both apply kyc on binance and blockchain the result is different. Binance got accepted and verified in 24 hours. Blockchain is checking it in week to months the result is rejected looks like they are avoiding to give the airdrop  Grin
Olatunjex
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March 23, 2019, 01:08:12 PM
 #18

My identity is precious to me than $25 worth of airdrop, what is the purpose of airdrop that is so difficult for participants to get, what xlm is asking is too much for $25 airdrop hopefully they can make it simpler for more people to take part.

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Little Mouse
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March 23, 2019, 01:10:36 PM
 #19

Many people had shared their details for $25, well, they don't know the necessity of keeping safe your documents. I would never go with this and not even if the reward was $1000+. No one can guarantee the safety of our documents and that our docs will not be compromised.

You do kyc for airdrops of 5$
So what’s the difference ??
Not everyone is doing the same. People are also completing KYC for shit tokens which might or might not have any value. They don't care about their privacy, security.

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bitcoin31
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March 23, 2019, 01:22:35 PM
 #20

I rhink it's not worth $25 XLM for you information or submission of KYC but depends on the person if they really need money.
But for me I will not pass my Identity with some money maybe I will pass my Identity if the amount is worth $1000 and Up and for sure most of us will do that.
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