Topic: Kyc is hardly used offline, why not online? (Read 596 times)

I have actually kept wondering, without a national ID system how do Americans present themselves in court, how do they provide signed statements, how does police identify people etc.

In my country ID is mandatory to have on you at all times. If you don't have an IF you can't even legally own property or pay taxes. You can't get inheritence, you can't even have a bank account or own a business legally. So KYC is used everywhere in most of the world IRL actually.

Not like I'm a fan of kyc but without the implementation of anti money laundering scheme, the crimes thag will be happening around us will be very unlimited but if you look at it from different angles, you will see the importance of KYC. However, it's beat Bitcoin relevance, why will I want to buy Bitcoin to use for privacy when everything I literally do are recorded and share with other people, there is no any privacy left doing such when I can use fiat directly.

As for the kyc, i don't think any government will withdraw it, it has been around for years in the traditional finance, I'm not sure if they are going to do that now. The government want you to be recorded before you use one or two things they control. If you don't want to be control, then avoid everything that has to do with kyc but just know that life can't be without it because I don't know how you are going to.register for your health service.

Hard copies of ID documents are taken for purchase of physical goods like land purchase, sale of property, house rent, shop rent, bank account opening etc.  Till now it is common to check them manually offline because not all countries are fully technologically strong and many countries are very afraid of cyber attacks, database hacking and imputation of false information.  Due to this, it is not yet possible to make everything completely online based.  But trying to make everything online based gradually.  And within the next ten years almost everything is expected to be online

If we do not use the provision of our documents offline when buying something, it does not mean that we do not use it at all. For example, when buying a car in my country, it is always necessary to provide KYC, but even other little things that we do not pay attention to, such as the use of our data in apartment rental services, at some point can be very dangerous for the disclosure of our data. All the documents that we provide for various purposes are stored on the computers of organizations, and this data is sometimes hacked and ends up on hacker sites. Further use of the sold documents, as usual, is intended for fraudulent activities.

It's not hard to fake KYC these days, the ones who need to avoid KYC can always use fake details to confirm the KYC. The exchanges want KYC only to clear themselves from all regulatory authorities strict actions. The fraud won't be stopped by KYC or any such measures especially in such times when AI is getting better each day.

You weren't asked for verification or any document before buying or selling in the physical world because you are probably known by the person you are buying from, and there is at least some level of trust. Otherwise, I don't think I would be having a trade with anyone that I don't know or trust in the real-world because I can get in trouble if something goes wrong. Online platforms like exchanges, wallets, and casinos ask for KYC for the same reason. How would they know if you are not a criminal in disguise if they don't ask you to verify your identity?


And how is a platform supposed to know without confirming? I'm not in favour of KYC, but I know why they ask for it and how important it can be.


People from remote areas who don't want any contact with the modern world or platforms should use platforms that don't require them to do so:

https://kycnot.me/

Well it's somewhat strange I must say to present one's ID inorder to make purchases of something and if that should occur I think there have been a hack in the system that will necessarily need one to undergo such process inorder to buy anything online. And moreso like you said  violation of rights to privacy can also warrant that necessity for requiring numbers and ID but we should be on the safer side.

In that time KYC is must if you you want to sell or buy anything online. There are Banks which need proper KYC and and that is good for customer safety and through which we can avoid every scam activities. Through KYC banks knows is that person is real or not and they want to check the customer by different ways and that is best method for the user. In the World of cryptocurrency, that is also used when we install any exchange and we have to do KYC on that andby which exchange have data that person is in interested with cryptocurrency and he will buy or sell the coins/tokens on that platform. If we want to sell or buy any token we have to make profile on exchanges and we have to make account in the e back because through which we can convert the tokens/coins into dollars and other local currencies.

Well this is all about the World Trade Center attack. All nations point to that and use it as the reason to check ids

As time goes on there will be more and more id checks in person.

With police stopping you and asking for ids.
Stores not allowing you to make a purchase without ids.


Like it or not it is the future of the world to come.


(only the warp drive and unlimited space travel can prevent this)

if we stay here on earth as it gets more and more crowded it will be identity checks all over the place.

Yeah actually I have not witnessed it myself about having to present an ID card before purchasing a physical product but however I hard about such from friends who traveled out, he said that there are products that has some kind of age limitations, so what they normally do is to check an ID card of the buyer to no if the person is an under age or not, so actually this explains that there are places your ID card is required to get some certain things you want, though I don't no if this could be called an offline kyc since it involves ID card but the contradiction there is that is only applied to a particular age and not for everyone while the online involves everybody.

I would agree KYC of some kind is common in many places not just online.  Alot of the data they ask for online is unessecery especially if no money is involved so I wouldnt provide personal details unless its vital, most often they use it for sales contact of some kind not security.

The reason KYC came to crypto so fast is it got big, which means globally it enters the realm of possible fraud, laundering corrupt money of various kinds and possibly ever international affairs likes wars and terrorism.
  They wouldnt let BTC avoid kyc for that reason, crypto already had the problem of being on the radar for gambling and to me thats mostly about taxation which counts alot to governments for revenue.

The whole reason why KYC was started at all of these places us to stop fraud that would happen if there was no KYC.

At the same time, presenting KYC on online platforms like exchanges hardly stops fraud at all, that's why everyone's so against it.

Certain industries offer more control over others. Banking offers the most control over others because it is the most demanded service, as banking service is demanded as part of nearly all other services. You don't interact with a mechanic when you need a barber, but you interact with a banker when you need either a mechanic or a barber. So, by controlling banking you can get the most control over other people more so than any other industry. Every king and politician will always want control over your banking as a way to control you. Without a layer of identification, this control doesn't work nearly as well. There is no doubt a totalitarian regime will always require identification for any transaction at all as a means of maximum control over the population.

There are a few gateway rights every fascist, communist, or other totalitarian regime will require. One would be restrictions on firearms or other armaments, as you can't have the people you own with weapons that are potentially going to be used against you. Perhaps the most gateway of all gateway rights is privacy, because without privacy you can track every single person's every action at all times, and of course that makes control over others vastly more simple in many ways, from controlling their armaments to controlling their travel. For example, you can't have for example a surf in your fiefdom learning too much about South Korea if you live in North Korea, so you'd want to seal off the border.

Notice that gateway rights are needed by both the left and the right. Any far-right or far-left group will want to take away your privacy rights. The left will need to control your economic expressions, while the right will need to control your social expressions, and privacy in service such as banking is the most clear hurdle of such a person to deny people their human rights to trade or travel freely.

It's a bit of a false comparison really, because there are plenty of places online where you don't have to supply any form of ID, even more so with bitcoin. It depends what you define as identity information as well, because if you're paying with a credit card you'll often be required to enter the registered address as a form of check that you are the card holder. There are also offline situations, like buying alcohol or cigarettes (age verification) and big purchases like buying an expensive car where you may be expected to provide identity documents. There is no black and white rule, but you're free to avoid a retailer if you don't agree with their policies - sometimes they're required to do these things by law.

In my country, presenting a passport (KYC) is mandatory when buying train and plane tickets, when buying SIM cards, when registering at offline casinos, when buying/selling foreign currency. Cigarettes and alcohol cannot be sold to people who look very young without first presenting a passport. So in my country, KYC exists offline as well.

At the same time, I do not approve of KYC online. The virtual space is a place where you want to see respect for people's anonymity and privacy.

And cryptocurrencies were originally created for modest people who do not seek to violate their anonymity and privacy.

We are on the stage now that Bitcoin itself is too big and too hard to ignore let alone the entire crypto market. That's why the government have to do its share for everyone who's in it. So being asked for KYC and having those verification and IDs and everything, even if these actual crypto exchanges don't want to implement for which many of them started like that but because of government mandates, then they have to pass on the burden into us for being asked to comply with the requirements that they are setting.

So how do you feel if it work or not? I think it should be about buying more things not about not having everything. But this thing happens in countries where most of the people are developed and they do something for their country due to which they get such facility. I understand that KYC must be done online because there was a project called Pi that required KYC. If they did not follow it there were no tokens in it. Most of these things should have Kyc. KYC should be in big stores because in such a situation they could  work hard with pleasure and without fear. They have a device for everything due to which they do all these things by keeping an eye on everything.

That's right, the exposure to online usage cannot be overemphasized but then people ought to grab the opportunity cause in the world today everything is basically runned online and definitely bringing such opportunities to remote villages would be of great impact to them thereby paving way for easy access and the use of KYC is needed to keep up one's privacy intact.

If only the governments and the security agencies have the right to monitor or regulate the physical trades based on each transactions between the physical traders and their clients/customers in reference to figure illegal or victims who had committed monetary offences and being famed wanted by the authorities, I think that'd be the only term of providing IDs before transacting with the physical traders would be relevant.

The essence of KYCs is for the regulatory agencies to have details of potential means by which people can perform their illegal activities.
So the presentation of the KYCs plays a role of exposing every customers of a platform to the regulatory board which is practically exercised online While your present at the physical shops or transactions serves as your KYC. This is an alternate reason why the use of CCTV is essentially with the physical exchange of goods and services. The caption of your image is a reference of Incase you're wanted for examination.

It depends on what you are purchasing and how much it costs, there are quite a lot of things you do in real life that you have to show your ID, particularly if you are dealing with a lot of money. That being said, it is easier to trace/track things back to someone in real life, unlike when it is online and people can be anonymous or pseudonymous to deceive others, so online services have to require KYC to know who they are dealing with and if they should be doing so.

What human rights are violated if they ask you for your identification before providing service?

There are numerous cases where IDs are asked to buy alcohol or tobacco, buy things over the national cash limit for single purchases when entering a casino when staying at a hotel, or when boarding a plane, I honestly don't know how some of you live that you haven't encountered hundred of these things already! You do a currency swap you need an ID, you pen a bank account you need an ID, you buy a ticket as a student you need ID, you pawn something you need ID, you need to sign a contract for your ISP, electricity, and gas provider you need ID. Hell, even some delivery guys will ask you for an ID if you were to receive a package with higher than usual value that's prepaid.

Even for offline purchases we have been giving our IDs too for example here I have to submit ID while buying or selling Gold and for cars you need to provide ID and other docs that makes that we are giving KYC information for most of the big purchases. Meanwhile you may not be giving ID but look at the invoice of amazon purchase you will be given with all your details that you used to open the account so KYC is kind of mandatory everywhere.

KYC is hardly used offline because in real life, people see your face. Do you walk with a black full face mask? No, right? So, everyone sees your face and knows your identity. Maybe they don't know your name at first but they know your visual appearance. Try and walk in the street with a black full face mask, especially in front of policeman and you'll be asked to give them your ID.

In virtual world, you often get asked to submit KYC documentation because they can't identify you with your IP, it's just a number for them. When you submit your KYC, they know that user X with Y IP is a real person. If they had a database of user with this certain IP is this and this, then they wouldn't ask you to submit KYC.

This kind of work is done in very few countries where most people do not trust others because there are many countries that lend goods because of familiarity. But it will take some time because then it gets used to it and that is what happens in most developing countries like Japan, China, Korea. But if this facility is not available then the money we have will be diverted from here to there which will be your loss and because of this you will prove these companies wrong and do not use for KYC.

When all our data is distributed among people, we have to worry about it. Although our image and many things are used only as a collection, do not use it for our wrong work. This thing is very useful because if you have to create an account and you need it badly because of your money coming into it, you will not be able to do anything except KYC so it is very useful.

Oh lord, don't get me started on this topic.  Seems to me that all of this shit kicked off into high gear after 9/11/01 when dickhead George Bush pushed the Patriot Act onto the masses and after that the US government (and others who followed suit) could surveil their citizens with impunity in the name of fighting terrorism.

Nowadays it's money laundering, but what I'm thinking is that they want to make sure they can stick their hands as deep into our pockets as they can in the form of taxes.  With digital currencies that have some measure of privacy, that's a threat to the tax man--but which reason do you think would be least popular when spouted off by banks, politicians, and whoever else is in the position to give an explanation as to why they need so much of your personal data in order to perform a financial transaction?  Yep, terrorism and money laundering wouldn't be the answer.

I'm pessimistic as to whether we can ever return from our present situation of having no privacy whatsoever in our finances or anything else.  As technology advances, this shit only gets worse--and from what I can tell, a lot of the younger generation doesn't seem to care all that much.  They're not the only ones of course, but they're going to be our future leaders and policymakers, so it's kind of important that they not be apathetic about what's going on.

Ugh^10

Here, when you purchase items using your credit card, there are times that the cashier will have to ask for your ID, so yes, you will have to present your ID before buying at a physical store specially if it's worth like $1000 or higher. Or even for less, like when you buy in a grocery, cashiers will demand some ID for you.

And perhaps this is due to crimes as well, there are a lot of stolen credit cards being used not just online, but physically as well. Criminals here have the audacity to do that, they are not afraid, even they know that there are a lot of CCTV's around.


I agree, with the advancement of technology, there will be laws and regulations that should safeguard our privacy. Again, here in our country, we already have that kind of law, it's just a matter of implementation.

With certain purchases, yeah, ID is required here. Not with daily groceries or anything like that, but with gambling, or buying stocks, cryptos etc. But it's coming more and more mandatory. Probably not with groceries and small purchases, but for expensive stuff it's coming for offline as well.
And reason you haven't asked kyc before is that regulations on that are changing rapidly. In 2016 no one cared if someone holded crypto, and kyc wasn't a thing in most places.

But about your second sentence: How would you know that person who is buying hasn't been involved in crimes or suspicious activities without kyc:ing them?

From my understanding and best of my knowledge I have never seen where kyc is required to sell a physical properties or even in exchange of goods and properties but what I understood is that after the sale of property is successful, they would go in a legal way to write for exchange of ownership, which the property is rightfully belong to, but on other aspects with digital economy we need a form of kyc or any thing that gives us legal representation to have full access to the exchange or be it at the gambling industry to be able to have access to site while either making withdrawal. Now our identify showface whom we are in the real digital world and of course this is the only way we are being spotted out while involving ourselves with exchange or any cryptocurrency platform.

The laws are different on each country, but there are some countries that for big purchases you cannot use cash or you need to identify yourself, and this is done in order to curb money laundering and other similar crimes, so identifying yourself before a purchase is in fact very common, it is just that we have not reached the point in which you will have to identify yourself for every single purchase no matter how small it is, something that we are already seeing on the online world.

Indeed, it is. They will find ways because there is always a hole in the system. Why? IMO, the system allows those holes to serve specific purposes, like corps or other "beneficial" agreements it sees fit. It's up to others to find and use those holes/ windows in the system for their purposes. It's like "The Matrix"...

Physical currency exchange is already quite regulated and KYC verification is almost always required for exchange.

A small digression: when the machine counts banknotes in a currency exchange office, does it record serial numbers on each currency? If so, then in conjunction with a KYC, cash is also partially deanonymized.

Can a person's privacy be violated by the state and government? They also require KYCs everywhere.

There are some countries where the collection of personal data is prohibited by law, of course, except for government organizations.

As for careful handling of personal data, you need to tell this to the government that collects this data, and then, suddenly, this data ends up in the public domain or is sold on the darknet.

There are not many people who prefer not to have any contact with the modern world, relative to the general mass.

Using cryptocurrencies is not at all equivalent to using cryptocurrency exchangers, which, in fact, you can do without. Have you heard of bisq, for example?

Nah, unless it's a credit card. In my country, it has become strict when using a credit card because some are stealing or hacking it. So, they now require a credit card user when buying stuff to present an ID whenever they purchase things from the grocery.

It will be difficult in a remote place you say? No, I don't think so. They are now using the Internet too so they are informed about what is happening to the world. I don't think we should underestimate the people living in the provinces anymore. Some of them are even better than those who live in the cities and they are teaching people in their neighbors so that they won't be left out by the new technology.

Hmmm

There's only one category of items I know of for which there is a likely chance you'll be asked to complete KYC if you buy them online, and that is servers. Not server hardware but renting them. And even that is only done by the really big players like Hetzner, OVH, Scaleway and others.

I guess it's because of the possibility of using stolen credit cards to pay for XMR mining using those servers.

As a rule, KYC (Know Your Customer) is a mandatory requirement for working with cryptocurrency, and the need for this procedure depends on the legislation of a specific country. For example, in Lithuania, which is considered one of the most crypto-friendly jurisdictions, KYC requirements are strictly regulated. Companies seeking a crypto license must comply with all AML (Anti-Money Laundering) and KYC standards to ensure transparency and security in financial transactions.

We obtained our crypto license through https://adamsmith.lt/en/crypto-license/lithuania/, and they provided a lot of useful information about how KYC works in different countries. If you're interested in this topic, I highly recommend reaching out to them—they are well-versed in cryptocurrency market regulations.

Money launderers will always find a way how to evade tax. Of course, humans are smart enough to look for alternative means up until they are not yet getting caught by authorities. I believe it is already innate to humans about this kind of behavior. It will only change the form but still the presence of this activity is still widespread. The technology is getting sophisticated and so their means how to execute it.
The implementation of KYC is only one action how to mitigate launderers. But of course, it is not the ultimate solution. These people will always find a loophole how to go around such requirement.

You are completely wrong. I've been into casinos and betting shops in multiple different countries, each one has required very particular identity checks before allowing you to gamble. These gambling spots were notorious in the past for being used to wash money because they deal in cash, so now the money is meticulously counted so they know where every dollar comes from. You don't have to go into these betting locations, so it's a bit pathetic to claim that your human rights are being violated. If you want to set up a non-KYC casino then go ahead, however you will likely have to restrict citizens from most of the big spender countries or you'll end up being targeted by their regulators.

The story of KYC began in the 1970s when banks (BSA) created it to detect and report suspicious activity. Its purpose was (and supposedly still is) to combat financial crime and money laundering. So, even if you buy general goods, cars, paintings, etc., ordinary things or services, KYC is already in you. You are marked from the start, whether you like it or not. The thing is that every time you will pass it again and again and again in order to "cross-check" you.
We all know though, that this didn't stop black money from moving around, bypassing the system. From 1970 until now, 54 years (soon 55) money laundry still exists and their numbers are bigger every year. Something is not working as they say it will...

I like the question and it makes you wonder as one who dislikes KYC. But I don't think there is that much of a difference. Shopping online or offline never requires ID. Most online shops are hungry for more personal data than strictly required, but entering phony data has never not gotten me the shopped for product.

Nobody would ask for your ID, when you are purchasing ordinary goods and services(excluding weapons or alcohol). It doesn't matter if you are purchasing them online or offline. IDs are required in the financial sector and the gambling industry. Those industries are heavily regulated, because of the risk of money laundering and tax evasion. If you value your privacy that much, just don't open a bank account and never use an online casino. There's no way around those KYC rules and regulations. It's really difficult to stay unbanked in the modern day world.

I don't think that any business establishments will be interested in your KYC, they want to sale their goods and services to you and collect your money, case closed with your transactions. So I believe that any businesses online that requires your KYC requirements is because of government regulations. Normally I don't think that business establishments cares if you stole the money that you want to use to patronize them or whether your deposits with them is a disguise for money laundering, what they're basically after is to make profits off you.

In a centralized system like government structures, they want to be in the know and control how money is being circulated in their economies. They know that criminals will want to launder money through online means where they'll not be detected, that is the reason why governments mandates KYC for none physical transactions. Payments that are made online has to pass through accounts which the banks have the details of every account holders. Also when it comes to businesses like crypto casinos where people can use Bitcoin that is decentralized to fund their accounts, they now need to complete KYC requirements. In essence, the requirements of KYC online is because of the government, not necessarily that business owners are interested in them.

No. No.

I'm not speaking about Fiat scam only, scamming and theft generally happen in both offline and online and yet there are still some scammers that are usually being apprehended offline, while some goes free too, same is happening online. Even with the KYC, some still go free.  I am not saying KYC totally eradicate the whole problem.

If you read again, you will see that I said "KYC help to expose the information of " SOME" scammers. " Not all scammers!

Like OP was saying, if you go to a store or shop to buy something, why do they not ask for KYC? They don't right? But why do they have surveillance cameras all over the place? What does the surveillance cameras in those shops stand against? They might not capture your name, date of birth, home address but your face is there, which is still enough to track you down if you commit a crime in that place. Even if it take months or a year, they can still use your face to find you.

Why are scam in fiat still very common? Many of the scam are online. Despite the KYC, some scammers are still scamming successfully. Why are most laundered money in bank belonging to reputed people in the society? They are reputed people in the society until they are known to be laundering money. If everybody do KYC in the world, some people will still be scammed.

First, I will say that there are so many scammers on the internet and there are also many victims to these scammers. I am not completely in support of KYC because of the risk attached but online KYC helps to expose the information of some scammers and also because of the scam cases online and also the idea of money laundering, I believe that's why the government deem it necessary for some online platforms to request KYC from every user before they gain license of operation.

Actually yes, In Indonesia where I live, if I want to buy stock or bonds and even if I want to buy gold, I am asked for my ID, so compared that to Exchange which is an investment/market platform for Crypto, that's actually just the same. But then again, the aim for Bitcoin is to reduce or even remove all centralize entity involvement in a financial transaction so in some sense, I do agree that using KYC on Bitcoin or crypto is actually contradictory with Bitcoin initial vision and mission.

It depends on what you are buying though.

If you are buying alcohol or a property of course they would ask for identification even if you are buying with fiat. Sometimes, buying physically doesn't mean buying with fiat too because some us credit cards where their name is also on the card. Upon selling, some customers would also ask for your identification to prove that you are legitimate. I guess that is why online asks for KYC. They want to make sure you are legitimate person since they can't see you in real life.
I would agree about our privacy being potentially violated because of KYC. In today's world where the most valuable thing ever is your information, it is essential for us to keep it safe. With the internet, it is so easy to have access to other people nowadays. They can then use this stolen information for illegal activities.

I actually think that making payment physically and online are two different things. And you can not blame online for requesting personal documents before offering there services because since they can't see you physically then your documents represent your identity. And can be used when necessary if problem arises.

There is a limit to the kind of things you buy that require your identity. Buying eateries and some petty items can not warrant id or phone number, but any business that involve signature is equally a strong financial business then it will require person documents or your private information. So I can categorically tell you that any sensitive financial business require surely an identity verification incase of default or fraud. Just as taken loan from a microfinance bank will require you to keep  your private information incase of loan default.

All form of digital transactions links back to the KYC documents submitted in the bank, and whenever a person use such medium to pay for services offline, it unveils to the merchant the details submitted in the bank, and if needs arise for traces it won't be difficult. Only buyers who pay with cash still have some privacy, and not in all stores would a customer be required to show IDs. Unless when paying for hotels, or renting a new house.

Offline kind of business does not require much documentation but online business business requires verification so that it will enable the owner of the business to know the customer very well so that is why in online business documentation is being used has evidence to know their customers or their client properly without any double mind because he process whereby there is no verification in online business mighty behold responsible whenever illegality occur but in offline the address will be there but you are regular coming can them to know you without much description

Privacy is a human right - and I couldnt agree with you more. Cryptocurrencies were born to bypass the traditional financial systems and return the powers to people. However, the overkill of KYC in the current crypto industry is so fundamentally opposed to that vision. Unfortunately, most of those who would benefit the most from crypto are being shut out by these strict criteria.

However, I do not agree that KYC is used so rarely outside the online world. Identification is a necessity for transactions in many countries. Numerous situations demand that you need to show some kind of identification, for instance opening a bank account or either buying a SIM card or renting a car. Cheques are difficult to draw unless you have a local bank account (most people on this planet receive their paychecks into banks in their name so all transactions can be linked back to you). That means youre already KYC-ed every time you swipe your credit or debit card.

Alcohol in convenience stores. I think it's more on a case-by-case basis though? Some people look REALLY young for them to be buying alcohol even if they were of legal age. I guess some others would be for seniors/pwd specific services/goods (like medicine), as well as entrance to some areas like nightclubs. I'd say it's a LOT better in the physical because they only check it, they don't record it. Online needs it to be recorded since someone needs to actually check it before approving, so a record inevitably gets left.

KYC is used in real life when you want to buy alcohol or a cigarette. If the cashier suspects that you are younger than 18 years old, they have a right to ask you for your ID and check your birthday. If they don't do that, they'll be fined lots of money. That's how it works in my region.
Btw another case of KYC in real life in my region is when you move in the street during afternoon or night. Policemen walk in the street and drive with the car, if they see you outside, they stop you, ask you for your ID, take a picture of you and then they leave you.

The physical world still demand for KYC probably you’ve not experienced it or you don’t have anything associated with serious issue at the moment because when the time comes they’ll definitely demand for it. Aside buying and selling at times you don’t just need this KYC as a defense rather it’s a must you provide it for example job related, educational stuff etc. Don’t know why the requirement for verification sounds troublesome at times definitely it has disadvantage including an advantage, not every KYC verification needs our attention as mentioned crypto world. Acting smart can help not running away, seeing everyone Prioritizing their privacy is a smart move it’s also understandable they need this KYC for clarification purpose regardless I prefer going for safety.

Asking for ID Card in order to ensure that clients are over legal age is common in most countries and reasonable. But when it comes to online purchases, or crypto, KYC everywhere attacks people's privacy, and poses many risks in terms of personal data protection.

In the EU, some experts are interpreting that the new regulation that will enter into force next month will impose KYC for all transactions with crypto regardless of the amount. In many European countries, the limit right now is 1.000€ per transaction, or per multiple transactions linked between them, which could make us discuss whether it is a desirable measure or not. But KYC for, for example, a purchase of 30€, everyone will agree that it doesn't seem proportionate.

In my area, there is only one store that requires customers to show ID when shopping.
It is a liquor store, and the purpose is only to ensure that customers are over 20 years old, even though the law states that people under 18 are not allowed to drink alcohol.
And I think that is a good way to prevent underage people from buying alcohol which will have a very negative impact. And for other places or shopping centers I have not found such a requirement, showing ID when wanting to buy something.

Indeed, in the crypto world, KYC is very annoying and also disliked by most people. Although the purpose is good to prevent illegal activities such as money laundering and so on, it is still annoying.

The only time that i do asked out with some ID is on the moment that you do make use of your own credit card on buying up something but been asked on just simply purchasing with cash then i havent been able to encountered up such thing. If this one turned out to happen then it will really be just that too hassle and also on what kind of purpose on why we do need up to present our ID's on just buying into something?
It will really be turning out that people will really be going against it and this isnt really that a shocking thing. As for crypto then this is the main reason on why it do becomes aminstream or getting up that soo much attention due to that decentralized and anonymity thing. Somehow, times passed and everythings changed then it will really be that understandable that exchange platforms and other businesses on which connected to crypto are gradually becoming centralized but still there are having options that you wont passed through any verification.

Here on crypto space on which we know that KYC is really that highly frowned upon and any speaking or mention about verification on which this is something that we dont really like to hear out on this space. 

I don't think I have also been asked to present my ID anywhere before I will be attended to in a shopping centre; the only time I have been asked to present my ID card when I want to make a purchase was during my time when I worked in a health care facility and to buy some certain drugs, which I was asked to get by my director from a big pharmacy, and the reason why they requested it was to confirm if I'm truly coming from where I claim to be working.

Bitcoin is a modern technology; anyone who doesn't want to go modern should stick with using cash for any kind of transaction they want to make and not use bitcoin, unless what they just want is to hide their identity and remain private.

Or are there countries where IDs and maybe phone numbers are required before making purchases physically? Imagine how strange it would be to present your ID before buying or selling in physical world. Not sure I've ever been required to present ID before buying or selling, even physical foreign currencies offline.  The kyc phenomenon seems to be peculiar to online world and bank transactions.
 
I think human right to privacy shouldn't be violated in anyway unless the human is involved in serious crimes or some suspicious activities. And even when ID becomes necessary, it should be handled with care to prevent it from going into the wrong hands.

By the way, the kyc issues could make thriving online economically alot difficult for people in certain remote places who probably prefer to have little to zero contact with modern world. This are the kind of people crypto would be more suitable for, unfortunately they will be denied access to lots of cryptocurrency exchanges in existence today.