Is $25 XLM worth your privacy (identify). - page 15.

smithAwesson

hero member

Activity: 924

Merit: 500

Quote from: Error 522 on March 26, 2019, 08:08:02 AM

Quote from: Squirrel Dearing on March 26, 2019, 06:51:59 AM

You're wrong, I think Airdrop is just an excuse to convince users to go through KYC. But this is not a scam, it is an attempt to encourage users to interact with the wallet as much as possible, to store cryptocurrency on it, to use internal exchange and as a result earn money on it.

Not a scam? My friend and I both gave our ID and have not received XLM...

Is this normal? Are others waiting still?

Maybe you didn't wait five business days, it was written in the mail.. when you get kyc?

andulolika

legendary

Activity: 2366

Merit: 1048

You cannot compare giving your KYC to an exchange and wallet to some shittoken/coin to get a worthless coin to probable scammers that will sell your data in a dm.
blockchain.info (now .com) been my wallet for 5 years of bitcoin since I left the desktop wallet and now they even offer swap and exchange services, KYC with them as intermediaries doesn't sound bad at all to me.

Error 522

full member

Activity: 216

Merit: 100

Quote from: Squirrel Dearing on March 26, 2019, 06:51:59 AM

You're wrong, I think Airdrop is just an excuse to convince users to go through KYC. But this is not a scam, it is an attempt to encourage users to interact with the wallet as much as possible, to store cryptocurrency on it, to use internal exchange and as a result earn money on it.

Not a scam? My friend and I both gave our ID and have not received XLM...

Is this normal? Are others waiting still?

smithAwesson

hero member

Activity: 924

Merit: 500

I get kyc in many online casinos, there it is a necessary procedure to take the winnings. I do not see a problem to go kyc in one more place.

punk.zink

sr. member

Activity: 192

Merit: 262

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its not about how much your privacy worth but more than to who you give it? its worth when you give to reliable and trusted website like exchanger and oldest btc wallet even you got nothing from them as rewards.

Squirrel Dearing

sr. member

Activity: 766

Merit: 250

You're wrong, I think Airdrop is just an excuse to convince users to go through KYC. But this is not a scam, it is an attempt to encourage users to interact with the wallet as much as possible, to store cryptocurrency on it, to use internal exchange and as a result earn money on it.

Aldrinx00

member

Activity: 882

Merit: 13

For me it's not worth it so i never got an interests of this $25 xlm airdrop which for others are easy money but they do not know their identity is being stolen which can be sold or used by criminals. Well i hope we will be more careful with some airdrops that require kyc because it is not worth it.

Yoo

full member

Activity: 574

Merit: 102

Yeah, you are right. personal data is very important and valuable data. It's a pity if I only get $ 25 XLM by submitting My personal data instead. Yeah I think, I will not give my personal data just to get a little money.

I think if I won't give my personal data on blockchain.com to get airdrop $ 25 XLM, then I also will not give my personal data for airdrop and also bounty campaigns.

Danda23

copper member

Activity: 176

Merit: 0

It is really not worth it, come to think of it, it is even blockchain wallet doing that, to get our kyc and give just $25 worth of XLM. I thought one of the uniqueness of blockchain is it's anonymity. Kyc is beginning to be the order of the day in the space which is not healthy.

Akpuv

jr. member

Activity: 322

Merit: 2

I feel somewhat disappointed with blockchain on this. Why requesting the KYC? Also, I believe for them to be offering $25 as payback for the KYC means they also have a sort of monetary or material profit to make with those KYC information or documents. That is where I am more curious about their trick.

Mrcharles

copper member

Activity: 336

Merit: 5

In my opinion, blockchain is aware of the privacy policy in existence and would abide by it, making the possibility of selling of personal information impossible. I believe if the privacy policies are abided, then people have no cause to worry. Due to the various issues we've heard in the past, it's normal for people to worry and be unwilling to give out their privacy data.

aksessdenide

brand new

Activity: 0

Merit: 1

Quote from: CryptopreneurBrainboss on March 23, 2019, 06:29:36 AM

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.

When it comes to cryptocurrency, I wouldn't give my data for $1000000000 dollars. Crypto was made to be anonymous and for me as it stands that will always be the case.

Pffrt

sr. member

Activity: 1372

Merit: 322

Quote from: aksessdenide on March 26, 2019, 04:28:45 AM

Quote from: CryptopreneurBrainboss on March 23, 2019, 06:29:36 AM

snip

When it comes to cryptocurrency, I wouldn't give my data for $1000000000 dollars. Crypto was made to be anonymous and for me as it stands that will always be the case.

It's not all about being anonymous. If anonymity was the only reason for which you aren't giving any data, then people who have no problem with their identity, meant if they didn't do any illegal activity, then can give their identity for $25?
It's matter when the people who are receiving the data isn't going to compromise your identity. It's about being compromised.

JCviggen

hero member

Activity: 1260

Merit: 505

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Quote from: nwosuchristabe2 on March 26, 2019, 04:18:46 AM

The issue of privacy could be very dicey, and should be taken with utmost seriousness. The personal information of people can be used for several illicit purposes when it gets to the wrong hands. Everyone should be very careful of the airdrop and bounties which ask for privacy information, it could be used to bring ones years of hardwork to nothing. I believe blockchain doesn't have intension of using the information for illicit activities, but we all need to careful.

Many people now do not understand how valuable their data is. and they take part in many of the air drops where you need to pass on the identity verification

nwosuchristabe2

copper member

Activity: 686

Merit: 2

The issue of privacy could be very dicey, and should be taken with utmost seriousness. The personal information of people can be used for several illicit purposes when it gets to the wrong hands. Everyone should be very careful of the airdrop and bounties which ask for privacy information, it could be used to bring ones years of hardwork to nothing. I believe blockchain doesn't have intension of using the information for illicit activities, but we all need to careful.

hawkins

hero member

Activity: 1204

Merit: 500

Quote from: entebah on March 26, 2019, 03:17:15 AM

I think for now there are a lot of fraud cases from Airdrop participants, so to limit that KYC is needed, so that it is fair and equitable, so there is not too much cheating.

well, i think this is a blockchain problem. I think it's quite natural, we know that blockchain gives us a lot of surprises. but, to find out customers, or users, I think it's natural to use Kyc. besides, there is a bonus for those who do it for $ 25

entebah

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I think for now there are a lot of fraud cases from Airdrop participants, so to limit that KYC is needed, so that it is fair and equitable, so there is not too much cheating.

N0sferatu

member

Activity: 389

Merit: 78

[insert coin to continue]

Quote from: CryptopreneurBrainboss on March 23, 2019, 06:29:36 AM

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.

Remind that most people gave away their data for free in the past. So, acutally, this is one of the few moments people got actually paid for their documents! Wink

Error 522

full member

Activity: 216

Merit: 100

Has everybody received their XLM? Myself and a friend have not received ours.

fosco333

full member

Activity: 1260

Merit: 100

Quote from: CryptopreneurBrainboss on March 23, 2019, 06:29:36 AM

Speaking about the ongoing stellar airdrop by blockchain.com which started as a fair one but now requires those interested in the airdrop to pass some KYC procedures, I ask, is it worth it? We complain of Facebook, Google etc of stealing our privacy and possible selling them for profit to other companies and praise blockchain of been decentralized yet we're willing to sell our private details to some centralized organization offering services related to the blockchain technology and we think it's safer? I get it that the bear market has affected numerous newbie that came into the market in 2017 but I ask again is just $25 worth your privacy?

I suspect this moved by them as a deliberate attempt to steal users private details (identify), first they made the airdrop looks so simple and easy thereby deceiving numerous customers into believing they would get free $25 after they have trapped their victim, they then introduce kyc to steal their identity.

Obviously not worthy. I saw this airdrop last month and just ignored that.
We should not give your identity only for $25, we should do it like big investor.
Big investor doing KYC because it has a potential to gain big profit later, not for peanuts.

Topic: Is $25 XLM worth your privacy (identify). - page 15. (Read 10237 times)