Would you trust FB with your KYC details?

[valuater]

since the user data leakage event, of course I don't believe in Facebook only at that time I didn't complete my personal data on Facebook even for photos I myself only had fake photos so for me it wasn't a problem.

[kpierce77]

Depends! but because of some cases that have happened before, maybe I will not be that easy to trust Facebook.

[cabron]

For some users it doesn't matter, they have submitted their KYC details already on exchanges they registered, there is nothing more to hide now. Some of us submitted their KYC on blockchain.com for $25 worth of Stellar. If they already have submitted it, there ain't no reason to sound it to facebook because after all they are already in facebook and if they give more than $25 worth of Libra, why not. 

[cherryganda]

I think this will be a big success in addition that they dont need to have a bounty program.
This LIBRA of FB will be a good thing to have, if KYC is required then go on.
We are already in FB and having our profile and family members on our friends list then we already had KYC.

[labenea]

In general, Facebook has a large community, and even today there are many ico projects that use intermediaries through this social media network. I think if Facebook immediately launches cryptoqurency, of course there are many crypto users joining their projects. this is a good opportunity while facebook has become an important part of project promotion.

[adrianto1995]

I trust them,
Facebook is a trusted and huge company, then why they want to steal our personal data, for what?
For selling to the darkweb?
Oh come on, they are already rich...

Also, I just ordinary people. Stealing my personal data didn't make them rich...

[EdenHazard]

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

Facebook has a good security and I think they can secure it, but in terms of cryptocurrency I think that is the hindrance for their coin to boost in price because people dont want to expose and send their details for that reason.

Have you read this information Facebook says 14m accounts had personal data stolen in recent breach?

This is pointed out there is no safe place on the internet even even we can say it's a place that was visited by many people on this world.

[Barracuda]

With a lot of information related to Facebook Coin, it certainly opens up opportunities for scammers to carry out their actions. All we have to know is, Facebook coins do not open ICO. Because I got information in the telegram channel to be careful about the web ICO scam regarding Facebook coin.

[Hanvis]

Libra has every chance of success. Everyone knows Facebook and Whatsapp messengers, and they are used by almost every modern person. Using these messengers, people will make internal purchases, which will contribute to the development Libra economics and also these messengers.
And about the kyc procedure, don't worry, they know all about us.

[masterrex]

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

I dont really understand why some people give so much attention on Facebook's new cryptocurrency, lets just give facebook a benefit of a doubt, KYC is not and issue here as we all know, many people are easily give their data in exchange for some airdrop coins, so in that case its not a big deal, I trust facebook thats why i used it so KYC does.

[714]

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

Facebook has a huge marketing and advertising network, and they know how to polish their names. I think the FB's coin is likely to be very successful or at least it will create something different.

[nicolaz.zhu]

Kyc is very necessary for a project to run, so that they believe this is yours, and when we lose an account, our data is saved by the project.

[shaheer001]

No doubt Facebook is largest social network and has huge community and some bid project like PayPal, MasterCard,Visa-card are the partner with FB so i think it will prove big coin in near future.

[therhslv]

Ofcourse , if i trusted companies like blockchain , coinbase and other exchanges , why would i not trust facebook ? If it gets stolen then what ? What they gonna do with my personal details ? Ofcourse can create fake identity , but there is way to prove it was not you instead of some criminal case or other things they gonna do it with your ID , not sure ...

[maianh09]

Facebook has stated that it does not sell information from its platform users. But all we know is that FB sells user information to maintain activity and development. Recently the FB has announced a new platform. This platform will collect user information and pay for users providing information. With what I know, any user KYC will be sold to a third party.

[Little Mouse]

Primarily this coin will be successful. Because there's a little amount of people who care about their privacy. Others don't care about this. They will find this coin trusted and convenient for transferring asset. But at some point, after some more 5-10 years, people will be more privacy concerned and this type of coin will be collapsed.

[k-a-r-l-0-2]

The coin will succeed since Facebook is a trusted platform.

I don't believe that it is trusted...most people know how untrustworthy FB is and use it anyway (guilty). I'm not an active user now but have invested so much into it already, like the picture albums shared over the years - which for me is nostalgic of my youth. I'd have to spend a week downloading all the pictures and recording them to a timeline in the same way.  Probably the best possible move I could and should make to be honest.

As far as a cryptocurrency organized by FB, I do not and will not trust it.

[Slavyanskiy]

I don’t understand your question a bit, as many bounty hunters go through procedure KYC, even if the project is suspicious or fraudulent. And project FB is trustworthy and if they tell investors to go through procedure KYC, many will willingly go through it.

[dizzy1996]

This doesn’t scare me very much as the KYC procedure is mandatory for any investor about Facebook. I can say that the project is worthy and it is necessary to invest in it since there will be a good growth of their token in the future.

[Prompyboo]

This doesn’t scare me very much as the KYC procedure is mandatory for any investor about Facebook. I can say that the project is worthy and it is necessary to invest in it since there will be a good growth of their token in the future.

Why did you decide that there will be a rise in the token price? as far as I could understand it will be the stable coin. they cannot afford to launch a volatile coin whose price will change