I'll get right on that, just as soon as hell freezes over.
And I’ll submit to KYC privacy-rape doxing—just as soon as pigs fly over the frozen surface of Hell whilst man walks on the
This one is too stupid to be an artful troll. It could still be a ploy to sow discord—manufactured dissent being as important as manufactured consensus—or a means to psychologically acclimate the proles to an idea by mind-numbing repetition. But if so, it is very poorly done. Therefore, arguendo, I will take OP at face value.
If the good-for-nothing bounty-chasing spammer #1392613 “crypto_sagor” is too lazy to ascertain that its brilliant idea has been suggested before, then in reply:
- 0. I will point out that a KYC requirement would effectually ban Bitcoin’s inventor and founder, the pseudoonymous Satoshi Nakamoto. Satoshi “always used Tor”, as do I. Satoshi would never submit to KYC!
- 1. I will seize this opportunity to pump my own bounty spam campaign:
😈😈😈 PGP 256% AIRDROP BOUNTY SIGNATURE SPAM CAMPAIGN! Old-school CRYPTO 😈😈😈 - 2. I will prematurely declare the.nym.zone’s official “Never Know Your Customer” policy: For any services I provide, customer information shall be collected and retained only on a “need-to-know” basis for the purpose of providing service.
- 3. I will lazily take the liberty of quoting myself:
Tor user here. Cypherpunk who remembers that it took an excruciatingly long time to generate 4096-bit RSA PGP keys on 90s hardware. I am strictly pseudonymous. I am so dedicated to encrypting everything, everywhere, all the time, that I even encrypt all my forum posts with the military-grade ROT26 cipher. I am not fodder for your dragnet.
I’ve never submitted to any “KYC” identity-rape doxing for anything whatsoever even remotely related to Bitcoin. On principle, I never will. Why the hell would I? In principle, my finances are private—mine, and mine alone. As a practical matter, I don’t need to worry so much about history repeating in some fashion the time that gold was banned for four decades in the country which ignorant twerps call “the land of the free”. I also don’t need to worry about the kinds of kidnappers and armed robbers who run from laws instead of making laws. My literal and metaphorical gold is immune to all criminals, whereas nobody knows who I am, where I am, or what I have.
I know that theymos would never even consider doxing people. I also know that if he did, this forum would be promptly reduced to a small circle-jerk in the alt speculation subforum, hyping how Govecoin With Anti Four Horsemen KYC/AML Cavity Search Technology is going to the MOON.
So, you want my dox? “...from my cold, dead fingers.”
For my part, it doesn’t matter where I happen to be located at any particular moment. Nobody “grants” me the right to speak freely: I grant that to myself. If you wanted to shut me up, you’d need to find me first.
I’ve never submitted to any “KYC” identity-rape doxing for anything whatsoever even remotely related to Bitcoin. On principle, I never will. Why the hell would I? In principle, my finances are private—mine, and mine alone. As a practical matter, I don’t need to worry so much about history repeating in some fashion the time that gold was banned for four decades in the country which ignorant twerps call “the land of the free”. I also don’t need to worry about the kinds of kidnappers and armed robbers who run from laws instead of making laws. My literal and metaphorical gold is immune to all criminals, whereas nobody knows who I am, where I am, or what I have.
I know that theymos would never even consider doxing people. I also know that if he did, this forum would be promptly reduced to a small circle-jerk in the alt speculation subforum, hyping how Govecoin With Anti Four Horsemen KYC/AML Cavity Search Technology is going to the MOON.
So, you want my dox? “...from my cold, dead fingers.”
One of the good things about the forum is anonymity, so a KYC appart from being expensive would scare many people that want to speak freely. Perhaps you come from a country where that is granted.
For my part, it doesn’t matter where I happen to be located at any particular moment. Nobody “grants” me the right to speak freely: I grant that to myself. If you wanted to shut me up, you’d need to find me first.
I’ve never submitted to any “KYC” identity-rape doxing for anything whatsoever even remotely related to Bitcoin. On principle, I never will. Why the hell would I? In principle, my finances are private—mine, and mine alone. As a practical matter, I don’t need to worry so much about history repeating
An inspiration for us all...so how do you buy Bitcoin?
I think the most fitting answer, ironic but serious, would be: “None of your business.” Of course, I have “bought” Bitcoin (viz., exchanged fiat funny money for real money). Indeed, most of my life savings wound up in Bitcoin (then most of that, in a privacy-oriented altcoin where I took a very painful loss—but that’s another story). Whereas I have never bought Bitcoin on an exchange which does KYC.
Nobody anywhere has any record that I’ve ever owned even a single satoshi. Most people who know me in real life don’t even know that I know what Bitcoin is. And I would not brag about that, except under a nym made for the purpose of privacy and security work and activism.
There are plenty of other ways. If the question were rephrased, “How might someone buy Bitcoin without a KYC-requiring exchange?”, then there are many forum threads, several websites, and at least one peer-to-peer network devoted to this exact question. I note this without endorsing anything in particular.
I once got laughed at for suggesting that users should have the option to verify their account using their phone number, and not to combat spam, mind you, just for security reasons. I can't imagine what some of these people will think once they read this.
I think it's a preposterous idea, by the way. Especially when we're talking about a cryptocurrency forum. A lot of members here value their privacy so much that they'd rather quit it than give any personal information.
I think it's a preposterous idea, by the way. Especially when we're talking about a cryptocurrency forum. A lot of members here value their privacy so much that they'd rather quit it than give any personal information.
I remember you. Thanks for clarifying, and for opposing this obscenely stupid idea. “Preposterous”, yes. I hope that you will also take control of your own Bitcoin private keys, and start using PGP, too!
Why bother? Because:
Bitcoin is not merely a new mechanism of transmitting money: It is a radically (from radix = [at the] root) new and different kind of money.
This misundersanding also explains why so many people parrot “vires in numeris” who neither speak Latin, nor use PGP, OTR, etc., etc. to secure their communications. Uptake of crypto in the cypherpunk sense is abysmal amongst people who talk about “cryptos” all day....
Bitcoin requires a new mindset. To handle it, you must understand on a very deep level that mathematical algorithms rule as by divine right. There is no higher court of appeal, no chargeback, no kill switch—nothing to help you if you muss the maths, lose your secret keys, etc.
This misundersanding also explains why so many people parrot “vires in numeris” who neither speak Latin, nor use PGP, OTR, etc., etc. to secure their communications. Uptake of crypto in the cypherpunk sense is abysmal amongst people who talk about “cryptos” all day....
Bitcoin requires a new mindset. To handle it, you must understand on a very deep level that mathematical algorithms rule as by divine right. There is no higher court of appeal, no chargeback, no kill switch—nothing to help you if you muss the maths, lose your secret keys, etc.
Wow, are you an ICO manager or something? How does KYC solve anyone's problems for anything? All KYC does is ensure that eventually your address and photo end up on the darkweb and traded amoungst criminals for them to use to join things that require KYC. You sign up for bitcointalk and suddenly some thugs break into your house, duct tape your hands together and shove you in a closet and say they will kill your family as they come home if you don't give them the password to your bitcoin wallet.
Oh yeah, but it *might* cut down on spam...
Oh yeah, but it *might* cut down on spam...
Good points, DAOfan—except that it wouldn’t cut down on spam. KYC would exclude the 99.9% of good users who would refuse it, thus draining the forum of meritorious content. Meanwhile, spammers who treat the forum as their personal free money machine would either do the KYC because they don’t care about privacy, or do the KYC with a stolen identity bought on the darknet “markets”. KYC would turn the whole forum into nothing but a spam cesspit!
Apropos your main point, see also discussion between BenOnceAgain and myself in an excellent thread titled, “Bad Code Has Lost $500M of Cryptocurrency in Under a Year”:
Another area that needs a close look is the way that KYC is conducted in ICO/ITO offerings. In my view, the risk of giving out your information to some project on the Internet is just as high, if not higher, than the risk of losing funds from the venture. Identities can be stolen, either by a hack or by malicious ICO projects. This is something that the industry could establish a decentralized solution that would balance the legal requirements with practical requirements of the crypto model. These rules were written for banks, and while there is some overlap, there is also a different set of considerations that need to be taken into account when dealing with decentralized entities.
I have an easier solution: Don’t ever do “KYC”. Avoid anything and everything which requires it.
For Bitcoin-related purposes, I have never submitted to any “KYC” identity-rape. No, really. Nobody’s records show I own even a single satoshi—“nobody’s”, as in “nullius”.
Oh—you said “ICO”. Well, those are scams which should be avoided, regardless.
. Bitcoin was created to be the most convenient way of payment and to not have a central authority to decide for the persons, only the person himself decides what to do. I have seen this idea being discussed a few other times but let me tell you it is simply stupid. 
I never thought that to use a forum it would be necessary to give your ID or passport. It seems totally unnecessary to me. Lately it's looking normal to facilitate your private data to any site, I think it is very risky. I'm in favor of privacy.
