Would you trust FB with your KYC details?

[indrakusumaindra]

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

Well i would trust facebook, cause i do think facebook is a great company and they did have some identity issue last year which i think they should learn from their mistake, so yes i do think i would trust facebook and i do think libra have some great potential to be success.

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[TastyChillySauce00]

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

Well i would trust facebook, cause i do think facebook is a great company and they did have some identity issue last year which i think they should learn from their mistake, so yes i do think i would trust facebook and i do think libra have some great potential to be success.

I guess if you are not citizens of developed country KYC wouldn't be an issue in the identity holders' perspective but really different if you are a citizens of developed country.
The privacy issue which has happened in the past shouldn't be taken lightly because if all people were as merciful as you they will repeat the same mistakes.

[miningguru]

Of course it will succeed, because it is sponsored by Facebook, and one more thing is that the orientation for their money is completely different from the current crypto.

Yes, but according to technology behind the Facebook Libra coin completely based like Centralised technology like XRP, but surely Libra coin will get more reputation compared to XRP. We have to wait and see until the coin is launched in the market.

[Metall303]

FB has repeatedly come across the fact that they sent the data of their users to some FBI and etc. and therefore I think that we should not trust our data to this company.

[Atang Sulaeman]

not just trusting because Facebook on Facebook is the beginning to open an account,
but if there is any, KYC will not affect users because since the beginning KYC on Facebook is still running.

[btccrusher]

That's a big NO, NO! I never trust those guys. They don't even protect our basic privacy, how could we believe them? I'm sure they are going to sell our KYC data in exchange for billions USD. So, If I give my KYC data to FB, I'd be in high risk of identity theft. I'm not going to do this.

[Twinkledoe]

That's a big NO, NO! I never trust those guys. They don't even protect our basic privacy, how could we believe them? I'm sure they are going to sell our KYC data in exchange for billions USD. So, If I give my KYC data to FB, I'd be in high risk of identity theft. I'm not going to do this.

Same here. I am not using fb anymore as I realized that everything you put in there will be forever recorded in their system. There's no turning back. So if you comply with their KYC requirements, it is like they own a big part of your identity. We don't know where they will use our private info. Remember, they already acquired a lot of partnerships. Does it mean, those companies have access to your information also?

[pinto14]

NO TE ENTIENDO COMO FUNCIONA ESO

[klaaas]

And I do not see anything terrible. Facebook already knows more about you than you think - your tastes, preferences, interests, secret desires, your connections, and much more. So the KYC for them will be just a formality.

That is on its own already something to worry but they just want your agreement with a selfie and a date with your ID so they can blame you for all that you agreed upon.

[goyal.dkg]

KYC does matter for social platform like Facebook? They know much more about you than any 1-2 KYC documents. You post status and pics there with all location you travelled. Even eating habits and what you like or not. So dont worry about privacy with FB because there is no privacy there

[Jating]

It's not the question of trust, having a Facebook account is already giving up your KYC already. It's about how and what are they going to do with your data?

We all know that big companies such as Facebook and Google who we thought are very careful with every personal information in their database is not securing it just as we thought they should be. So I don't trust them with my KYC details.

[setialovers]

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

You should consider the number of members on Facebook. Facebook has members in almost all countries and I think Facebook has all of our data, starting with our telephone number or email address. I think Libra coin will attract a lot of investment from many people

[andika2018]

KYC does matter for social platform like Facebook? They know much more about you than any 1-2 KYC documents. You post status and pics there with all location you travelled. Even eating habits and what you like or not. So dont worry about privacy with FB because there is no privacy there

I agree, actually we unconsciously give our data to them. Starting from who you are or your parents, also the telephone number for the security of your account. In the internet era, privacy is not new unless we are not connected to the internet

[JeffBrad12]

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

You should consider the number of members on Facebook. Facebook has members in almost all countries and I think Facebook has all of our data, starting with our telephone number or email address. I think Libra coin will attract a lot of investment from many people

Facebook has a lot of members in various countries but that doesn't mean if almost 100% of them will use libra and remember the blockchain system is too early to be adopted by an ordinary person with zero knowledge about that. it may be less than 10% of the total users that will try to adopt it. I remind you to put a high result as your expectation only.

[coin-investor]

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

I'm not a big fan of stable coins and I'm not very much into Facebook but it will become successful because they already that to happen, they have an excellent marketing plan and once they roll up people will become aware of cryptocurrency, it's actually a big boost for all of us whether we support it or not.

[basicnecromancycr]

It is interesting about Facebook coin since in a period of time everybody trusted their personal information and photos. What they do, where they go and etc. There is that great irony right here.

[Maturnuwun]

yes ,It is interesting about Facebook coin .Now we just wait for it to be listed on the market and buy their token. heir partners have a lot of big businesses and it will help Libra get the best help.

[Wolfwar]

today, Facebook practically stores half of all personal data of each of its users.  There are names, phone numbers, email address and more, including personal photos.  Having a passport photo no longer matters.

[elcoblast]

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

I'm not a big fan of stable coins and I'm not very much into Facebook but it will become successful because they already that to happen, they have an excellent marketing plan and once they roll up people will become aware of cryptocurrency, it's actually a big boost for all of us whether we support it or not.

Facebook Libra just created for payment gateway like us using  Paypal and other payment service and used libra as corecoin for running this service that's why libra created as stablecoin not as altcoin usually

[abake]

I don't think we have anything anymore to hide from Facebook anymore as they already full data of anyone using so I don't think its necessary asking again but if they do, I will cos they already have it