Brave, the so called "privacy" browser now requires KYC!

[Patatas]

lol I think crypto-related projects are evolving backward. Even google-chrome doesn't require you to do any KYC or that sort of thing to use the browser. You can always configure your cookie settings and make sure your data is protected. Good times with brave. Had to uninstall it after the update.

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[genericlime]

Crypto projects are all trying to get regulated because retail consumers think regulated = safe. But that's not the case. Crypto is about taking back our freedom and privacy. Its a shame even DEXs like IDEX are doing KYC now.

[o_e_l_e_o]

Even google-chrome doesn't require you to do any KYC or that sort of thing to use the browser.

They don't need to. If you use Chrome, then Alphabet Inc. already have a complete log of everything you do online, every site you visit, every purchase you make, every communication you make. KYC is irrelevant to them when they know it all already.

You can always configure your cookie settings and make sure your data is protected.

You are completely fooling yourself if you think that changing settings from within Chrome will stop Chrome from spying on you and logging your data. The same is true for all Google products. Even when you explicitly tell Chrome or Google to stop spying on you, they keep doing it. All that changes is you don't get to see the "history" that they have stored on you anymore. https://www.independent.co.uk/news/world/americas/google-location-data-privacy-android-sundar-pichai-a8490636.html

[mk4]

Crypto projects are all trying to get regulated because retail consumers think regulated = safe. But that's not the case. Crypto is about taking back our freedom and privacy. Its a shame even DEXs like IDEX are doing KYC now.

It's just the simple fact that they're not decentralized, especially these "decentralized" exchanges. If they were actually decentralized, then the government wouldn't even be able to force anyone KYC because who would they send their warnings to in the first place? The fact that there's one company working on IDEX(Aurora Labs S.A.) working on it is enough evidence that it's nowhere decentralized.

[buwaytress]

Don't know if it's true or not but if so, then you already know immediately to stop using this browser. I hate to say it, but if they're going to implement this, then they should know foremost this is their reputation down the drain. Tells you all you need to know about these for-profit projects that pretend to want to support some crypto or cypherpunk ideal -- it all starts out with dreamy fantansies and ends with your wallet and govt ID plastered all over their screen.

Shame because I actually tried out Brave and it wasn't too shabby.

You really want privacy, stick to Bitcoin, and wait for the privacy upgrades to happen, meanwhile, mix and coinjoin.

[LTU_btc]

lol I think crypto-related projects are evolving backward. Even google-chrome doesn't require you to do any KYC or that sort of thing to use the browser.

Why Chrome would need KYC when Google already knows everything about us. If you're using Google products, cookies settings won't help you to hide from being spied. Google knows where you been yesterday or month ago, what are your interests and etc. It's much bigger thing thsn all these KYC.

[TryNinja]

lol I think crypto-related projects are evolving backward. Even google-chrome doesn't require you to do any KYC or that sort of thing to use the browser.

Why would they? What KYC has to do with using a browser? The only reason Brave is asking for KYC is because they deal with money and cryptocurrencies, and that's required just like any other exchange. Also, this comparison doesn't many any sense. Brave doesn't require KYC to use the browser, only to do some stuff with their BAT token.

You can always configure your cookie settings and make sure your data is protected. Good times with brave. Had to uninstall it after the update.

You clearly didn't do your research to see what is this about.

[malevolent]

Or decentralized exchanges like Bisq, which do not require KYC because they do not touch your coins at any time. Furthermore, because of their decentralized structure, it is near impossible for a government to shut them down - it would be akin to them trying to shutdown bitcoin itself. I admit they have a large problem right now with low liquidity and poor speed of trades, but hopefully as they become more popular in the future both of these things will improve.

Authorities in certain *cough* jurisdictions may still one day decide to pull tricks that anyone who contributes in any way to the development of Bisq or its infrastructure, i.e. seeing for example how Etherdelta's owner had to pay a big fine, can face responsibility.

Why Chrome would need KYC when Google already knows everything about us. If you're using Google products, cookies settings won't help you to hide from being spied. Google knows where you been yesterday or month ago, what are your interests and etc. It's much bigger thing thsn all these KYC.

Google probably knows its average user better than all their loved ones put together.

[pawanjain]

lol I think crypto-related projects are evolving backward. Even google-chrome doesn't require you to do any KYC or that sort of thing to use the browser. You can always configure your cookie settings and make sure your data is protected. Good times with brave. Had to uninstall it after the update.

LOL I think you must be a noob to think that your data is protected after using chrome. Once you use chrome, Google owns your shit.
There is nothing you can do except a few tweaks so that google can steal less data of yours but there is no turning back from it.
Google pretty much tracks everything about you if you keep using it.

May be google is tracking this thread right now since we have used the term 'Google' so often in this thread. Oh, there goes it one more time. 

[o_e_l_e_o]

Authorities in certain *cough* jurisdictions may still one day decide to pull tricks that anyone who contributes in any way to the development of Bisq or its infrastructure

True, but they could also one day do the same thing to bitcoin developers or even anyone they find mining or running a full node. Bitcoin of course wouldn't end or shutdown, it would be continued by people both fighting those laws and in the hundreds of other jurisdictions where those laws don't apply.

Google probably knows its average user better than all their loved ones put together.

I would say that's a certainty. Would you give your loved ones unrestricted access to your emails? Would you want your loved ones looking at your search or browsing history? Would you show them a complete history of everything you've ever bought online? Every site you've ever visited? Your location in real time, at all times? Would you want them knowing what kind of porn you watch? Google knows all this and more, if you use their products.

[bL4nkcode]

I'm using brave but never tried to withdraw those bat, and never make an account for uphold, so no, didn't hear this thing till now. Time to relocate I guess.

[BrewMaster]

Isn't his reputation in the tech industry already tarnished due to his political beliefs and activities? Asking for KYC won't ruin someone's reputation in the cryptocurrency space, at least not in 2019, but it definitely leaves a sour taste in the mouth, when they could have relocated to a friendlier jurisdiction.

i don't think there will ever be any problems with asking for KYC in cryptocurrency space. we all know and understand the centralized services are subjected to regulations.
the reputation is ruined when they start claiming to be decentralized (like decentralized exchanges that are centralized, eg. Binance DEX) or talk about privacy (like this case) and then their actions are the exact opposite of their claims.

[kovrita]

i just found out about it but apparently this has been the plan for some time now. it seems like it was first for publishers to gather BAT tokens and now it is to be enforcd for anybody who wants to use the wallet (Brave Rewards).
...

it is worth noting that KYC is not requires if you use it as a browser but the question rises, why would you want to use it after this and when there are good browsers like Firefox available which is the original code of this project?

This is where the whole industry seems to be going:
Corporation this, Venture Capital that..., KYC this, IRS Letters that...