Would you trust FB with your KYC details?

[Tilbrook007]

I wouldn't. I don't think this coin will succeed! What do you think?

[1714810816]

1714810816

[1714810816]

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[BurstBurst]

If their admin is legitimate on their website why they do not have to go through the kyc to buy their token sales because they know the potential of this project is great and it will be a longterm too great chance of reaching the softcap.

[Red-Apple]

why are you even talking about it? and more importantly why aren't you talking about Paypal because it is exactly like Paypal! a centralized closed source, closed blockchain that is run by a company and you can only interact with it through a website and an account. and the values in your account are similar to US dollar and have 1:1 value. meaning 1 Paypal unit is 1 USD and 1 Facebook unit is also going to be 1 USD.

when you sign up with Paypal you verify your account before they let you convert you fiat to Paypal units and similarly when you sign up with Facebooks' new website you also have to do the exact same thing....

there is no coin, no blockchain, no crypto, no node to run, no exchange to trade,... there is only Paypal with a different name issued by a different company.

[badykvik]

I think Facebook already have our personal information, supplying our kyc documents is only to double check it with our Facebook profiles.
The coin will succeed since Facebook is a trusted platform.

[memed97]

Everyone has different thoughts and perceptions, so believing or not believing in KYC on Facebook depends on the analysis of each person, because we believe in something after maximum analysis.

[jossiel]

Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.

FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.

[buleidada]

I wouldn't. I don't think this coin will succeed! What do you think?

I am not as thoughtful as you because Facebook has prepared it carefully and the group is busy because of it, and with partners who are already famous. What do you think that the coin will not be successful?

[Jpti]

How can you say for sure that the coin Facebook is launching will not succeed? You can only predict and there are not solid proof that will help make your saying become reality. I think the coin the social media giant will get a huge popularity given a majority of the people using Facebook. But only time will tell what will happen.

[buleidada]

Everyone has different thoughts and perceptions, so believing or not believing in KYC on Facebook depends on the analysis of each person, because we believe in something after maximum analysis.

yes it depends on everyone's perspective because our data is not necessarily safe, but I personally believe because Facebook has conceded data and that's what I think Facebook is getting tighter in securing our data

[ccsang]

Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.

FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.

I'm agree with what you talking about, the day we start agree to using facebook, all of our sensitive information already given to them, even we don't agree with that, I believe that app will auto collect our data in background, so I think KYC is not important right now. As a large online social media and social networking service company in the world, coins will become success , unfortunately I won't support it.

[fortunecrypto]

I wouldn't. I don't think this coin will succeed! What do you think?

They've already had our vital information and everything we posted on their platform, and it's too early to tell what would be the future of Facebook own coin in Cryptocurrency, they are in a new territory and we all know the community is very particular when it comes to privacy, let's if there is something in their roadmap and whitepaper that will protect our data and privacy.

[creeps]

I wouldn't. I don't think this coin will succeed! What do you think?

I do have my active Facebook account before but already deleted it because of this reason, I'm not trusting their application anymore and I think I can live without it. FB Coin might ask for the KYC because they are a centralized coin and that's the risk of FB coin, but it is still depend on how they work for that coin. Fb coin should be more decentralized if they to succeed that's the biggest issues that they will face for sure, they are not good in the public anymore.

[ttcsalam]

Facebook has its own ability to market. They are already associated with this world. I think they will actually do very well in this market.

[yslyv]

i dont trust anyone and i wont share my private information with any company, any team or anybody. this market is decentralized and i dont have to share my private documents with third parties. i prefer to buy from exchanges more expensive instead of buying during crowdsale.

[enhu]

Sooner they will ask for the KYC now that they are into cryptocurrency, they did this already though not mandatory to each user but the mobile number are somehow required for users. For some date they are already monitoring us like our interest and what sort of videos we watch and thus there are adds showing to our feeds. They figured it out already they jsut want confirmation but I'm not handing it out to them.

[bering]

Before facebook coin project appears most of facebook users already give their real name, address, real face and etc including their personal information and there is no difference if facebook want people share these informations to get free tokens or to being an investors because possibly most of people will provide this without thinking but for me personally i wouldn't do that and i had says it many times regarding KYC i'm not willing to give my data to them

[jakelyson]

I wouldn't. I don't think this coin will succeed! What do you think?

If you are using Facebook, they already have enough information on you, KYC is just for legality. I think this coin will be successful just because of how big the company that backs it up. But real crypto people will not patronize this centralized coin.

FB Coin might ask for the KYC

They will because they are based in USA. It will be a requirement for them to have KYC on their customers.

[tomahawk9]

Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.

FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.

Changpeng Zhao posted something similar on his twitter acc: https://twitter.com/cz_binance/status/1140914571495927808

I'm not a fan of CZ but he's right on this one.

[ridha inoue]

I wouldn't. I don't think this coin will succeed! What do you think?

I have a different think, LIBRA or Facebook coin will hit a success because the popularity of Facebook ia so kuch bigger in this world.
Why we must afraid when it Facebook.

[Mianae]

Lol, trusting fb with kyc you mean. If you're on fb they have your details to an extent especially when you link up your mobile number to your account there's nothing else to know which they don't know already.