This KYC is implemented for countering cheating on the 25$ XLM giveaway. but in my opinion I don't mind giving away my passport details or my electricity monthly bills if this is what is required on the rules for claiming giveaways
I also passed kyc and nothing wrong with this I do not see, tembolee this wallet is very well established and I use it for a long time and there were no problems with this wallet I have. 
Topic: Is $25 XLM worth your privacy (identify). - page 2. (Read 10226 times)
I never looked at it with this point of view in mind, truth is our identities are no worth 25$ worth of crypto assets, but have to understand that in some parts of the world 10$ is a whole lot of money to many, and they do bother getting their kyc done to get that money in their wallets, I just hope it never results in anything crafty
Everyone decides for himself whether he should sell his data for $ 25. But I'm sure that having passed at least once a kyc on a centralized exchange, you are no longer anonymous in the crypt
I've tried to read one by one so far. Usually the answers are similar. I think the question is, will you use Blockchain's crypto wallet in the future? If yes, it is normal to do KYC. By the way, if the $ 25 prize comes in, it's nice too. But I think it's not right for Blockchain to do KYC for people who won't use it.
yup! the $ 25 fee is pretty good, i'm also interested. 
and you are right, if we don't use Blockchain then it's not right to do KYC. actually, KYC is not that difficult.
i think if we don't want to do it, we can leave it and if we are interested in taking the prizes offered, we should follow KYC according to what they asked for as a condition. it is very simple.
I've tried to read one by one so far. Usually the answers are similar. I think the question is, will you use Blockchain's crypto wallet in the future? If yes, it is normal to do KYC. By the way, if the $ 25 prize comes in, it's nice too. But I think it's not right for Blockchain to do KYC for people who won't use it.
This KYC is implemented for countering cheating on the 25$ XLM giveaway. but in my opinion I don't mind giving away my passport details or my electricity monthly bills if this is what is required on the rules for claiming giveaways
I don't see any point in showing my data for any $25 in XLM, I personally see this situation as collecting people's data
This KYC is implemented for countering cheating on the 25$ XLM giveaway. but in my opinion I don't mind giving away my passport details or my electricity monthly bills if this is what is required on the rules for claiming giveaways
Each giveaway , airdrops , or something like that which to participate must do KYC verification is 100% risky , even good cryptocurrency sites or company like Blockchain.com
Did you see few times ago , KYC files on Binance exchange was leaked and shared on 1 telegram group which has around 2000+ members in it.
If KYC verification type is basic like Full Name , Address , etc without upload picture of your identity , thats OK.
Did you see few times ago , KYC files on Binance exchange was leaked and shared on 1 telegram group which has around 2000+ members in it.
If KYC verification type is basic like Full Name , Address , etc without upload picture of your identity , thats OK.
This matters very little in my opinion, because investors and bounty hunters do kyc for different projects all the time and some of them eventually turn out to be scam or the hunters get useless tokens from bounty and different methods.
This is a prerequisite which most project need to guarantee their clients experience for security reason, so the amount of money you do it for don't make a difference, what is important is you have done it sooner or later and your data is out there, do kyc with a project that you trust.
This is a prerequisite which most project need to guarantee their clients experience for security reason, so the amount of money you do it for don't make a difference, what is important is you have done it sooner or later and your data is out there, do kyc with a project that you trust.
If depends on your personal financial situation and where you live.
There are places in the world, such as Venezuela, where you can live one motnh with 25 USD.
If you live in a rich country, I doubt you should take kyc
There are places in the world, such as Venezuela, where you can live one motnh with 25 USD.
If you live in a rich country, I doubt you should take kyc
just agree with this , if the country like that i think money was better than their identity , also i think blockchain was good enough to make sure it safe our data .
It might just be worth it considering the parties involved (blockchain and stellar lumens) which are widely considered as a legitimate company ready to abide by the non disclosure laws of the kyc to a third party. Besides, many people even do these kyc for less or nothing these days
Not at all. We got crypto mainly for better privacy in the first place, giving up ypur privacy for a measly 25 bucks is just completely backwards in that regard.
Better 25$ for selling ID than getting nothing and lost identity through a hack .
See more about the last Binance KYC hack: https://thehackernews.com/2019/08/binance-kyc-data-leak.html.
.See more about the last Binance KYC hack: https://thehackernews.com/2019/08/binance-kyc-data-leak.html.
I think that if our KYC is revealed. it can greatly affect our lives later. We will be constantly bothered by projects, and may be more complicated if it falls into the hands of bad guys. Do not be too greedy for the current money and leave serious consequences
There are always risks of data leaks, such as recent drama on Binance. Therefore, I don't want to take risks and I think other people should not take risk with your identities by verifying KYCs in order to get airdrops. Yes, we all should avoid KYCs as one of airdrop requirements, if we can have other ways to get money. There are so many things we can do to get money, from crypto, or beyond crypto, then using earned money to invest back in crypto. Safety in long run is the most important thing to consider, not $25, or $50 at the moment. 
Is $25 XLM worth your privacy (identify).
You are linking your identity only to those $25. Nothing else. You dont link it to your salary or. Well you probably already linked that in past. and is mouch bigger figure probably then $25.
$25 is worth different to different people. For some is not worth the time, for others it is worth.
But you dont link you identity to your wealth. You link it just to those $25. If I have 1000 BTC and i apply on that exchange and KYC there, my 1000 BTC wallet was not KYCed. Still no oen knows whose that wallet is. What people will know is that I own $25 of stelar.
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.
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.
I will give anything if asked for my identity for the sake of something that can make money for me ... because all this time I have never felt harmed by any party after I filled out KYC or gave my identity to the airdrop or bounty campaign... so for me I don't think too much about negative people who ask for our KYC ...
I don't think it's worth it. Your ID is who you are and letting it go for $25 for me i don't think it's worth it.
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.
I think this just a reward for people that already finish their Verification method. I'm not calling this for an airdrop that you must join in it.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.
The main reason people doing KYC is to increase their swap limit on Blockchain wallet. For the airdrop, I consider it more as a gift.
I do not think 25 USD is worth your privacy. It will give the government full access to your cryptoassets since the government can easily conpell a third party to submit the details of their customers. It will lead to all sorts of abuse, restrictions and control by government
Its very sad that such a big platform like blockchain.com will make users to provide their identity for just $25 XLM. For me, I will not provide my details for even 1 million worth of any crypto coin. You can't really tell what they will be using your details for.
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