Topic: KYC Is not for cryptocurrency users - page 2. (Read 175 times)
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
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.
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.
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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