Topic: KYC is bullshit - page 8. (Read 1119 times)
Since we are now in the world of modernization including the crypto currency, i think it is by far legal to accept KYC everywhere unless of course they were under the government e.g. CIA or any other secret society that belongs to the government. Since Bitcoin is a vast majority of all crypto currency there are also tokens that really needed some identifying of the personal information of the user. I think their movement is something like collecting data to everyone of us unless you are really willing to give your identity but the total anonymity of a person will be compromised.
I don't have a problem with KYC and his nothing to fear.
You are thinking the wrong way.
This is your privacy. Even if you have nothing to hide, if you give your Identification documents, Driver's license, etc, they can be used for criminal activities.
Even if the "owners" of the website do not use your documentation for illegal activities they can sell your data to third party.
KYC is an issue, however it's a regulation downside.
Why the fuck is everything requiring a fucking KYC now, Gambling sites don't even let you fucking withdraw without a fucking CIA style background check but they obviously let you deposit with nothing.
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
KYC is logical progression as more and more regulations come into crypto space. New ICO projects require them in order to be as compliant as possible to laws. That way they will have less problems in the future when some government agency takes them under closer look.
That being said, there should be no KYC for bounties. I thought that main point of KYC is to stop money laundering. If you are doing bounty you are not investing anything therefore no KYC should be needed.
There is still a lot of gambling sites that don't require KYC. For instance Nitrogen Sports which is one of the best crypto gambling sites for sure, and wbet7 which accepts several altcoins for betting deposits/withdrawals.
Why the fuck is everything requiring a fucking KYC now, Gambling sites don't even let you fucking withdraw without a fucking CIA style background check but they obviously let you deposit with nothing.
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
KYC is logical progression as more and more regulations come into crypto space. New ICO projects require them in order to be as compliant as possible to laws. That way they will have less problems in the future when some government agency takes them under closer look.
That being said, there should be no KYC for bounties. I thought that main point of KYC is to stop money laundering. If you are doing bounty you are not investing anything therefore no KYC should be needed.
There is still a lot of gambling sites that don't require KYC. For instance Nitrogen Sports which is one of the best crypto gambling sites for sure, and wbet7 which accepts several altcoins for betting deposits/withdrawals.
I don't have a problem with KYC and his nothing to fear.
legendary
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I’d say this post doesn’t belong to meta section but I don’t know where it exactly fits.
KYC comes with cryptos becoming popular, widely used and regulations. I find it naive to think that bitcoin, or any other crypto, is going to be the currency of the future and it will remain 100% anonymous.
KYC comes with cryptos becoming popular, widely used and regulations. I find it naive to think that bitcoin, or any other crypto, is going to be the currency of the future and it will remain 100% anonymous.
Why the fuck is everything requiring a fucking KYC now, Gambling sites don't even let you fucking withdraw without a fucking CIA style background check but they obviously let you deposit with nothing.
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
Bpunties used to be fun but now everything requires a fucking KYC. NO I'M NOT GIVING MY PERSONAL INFORMATION OUT TO SOME FUCKING STRANGER OVER THE INTERNET!!!!!!!!!!!
THE WHOLE POINT OF CRYPTO IS TO STAY ANONYMOUS
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