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Topic: KYC Is not for cryptocurrency users - page 2. (Read 147 times)

member
Activity: 252
Merit: 13
May 31, 2018, 09:13:39 PM
#3
Obviously I am opposed to the implementation of the KYC. the biggest reason why people choose crypto money is the lack of centrality. With kyc application, this situation has no meaning
newbie
Activity: 42
Merit: 0
May 31, 2018, 09:11:22 PM
#2
The problem I have with KYC in ICO is that a lot of these projects are scams. Lets use the recent Hashcard ICO scam for a example.
They ran away with over $4mill which isn't good, but on top of that they have all the investors KYC information.
So what protection does the investor have against their personal information being used by a scamming ICO?
Until there's a regulating authority for ICOs ,then KYC should not be required for the safety of personal data to the investors.
hero member
Activity: 812
Merit: 501
May 31, 2018, 08:02:58 PM
#1
KYC is disturbing freedom of crypto investors. Many ICO should apply KYC. I think this kind of ICO will be left by cryptocurrency investors sooner or later
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