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Topic: would you give your fingerprint or eye scan for a fair money supply? (Read 1066 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
I don’t even know, is it really impossible to do without such methods of invading personal life? This data may be stolen and used for illegal purposes.
I think we should be more flexible in our attempts to create something new and fair.
moreover we do not have a guarantee of security about the privacy that we submit. I don't think it's fair to give it all. especially if the government has not provided clear legal guarantees, as if we are being used when used for illegal purposes
hero member
Activity: 616
Merit: 502
Probably not actually, that's way too much personal data to give away.
I'm someone who's even very hesitant to give regular KYC to exchanges, so I'd probably never give away a fingerprint or eye scan.

Besides, what kind of 'fair money supply' are we talking about here?
Hundreds of dollars per month? Thousands? Less?

I strongly agree with you, these fingerprints and eye scan is pretty confidential for someone to give to a completely stranger, we didn't even know if you are really going to use it on what you have said, it is kinda fishy I think for someone to asked something like this. This KYC that you have mentioned is another thing that I don't even trust, I'd rather give them by bounty by not submitting one of my IDs just to get my bounty, my personal information is a lot more important than their shitcoins.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
I disagree with this, and I believe many people share my views. Any trader does not want to be controlled by anyone. Why do we need to get involved in verification and then anyone will always control you? As an investor, I disagree with this, and I don't want someone to always look at me.
sr. member
Activity: 1610
Merit: 372
I don’t even know, is it really impossible to do without such methods of invading personal life? This data may be stolen and used for illegal purposes.
I think we should be more flexible in our attempts to create something new and fair.
full member
Activity: 462
Merit: 100
I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account

would you give your fingerprint or eye scan for a fair money supply?

see https://en.wikipedia.org/wiki/Time-based_currency



For me, i don't want to give any about of this..about the fingerprints or any eye scan just to make my own details just for fairing money supply..What if there's have a crime scene that they can involve you, , you're just putting your life in a danger, , just because of that information.
sr. member
Activity: 1428
Merit: 250
I think your personal documents sharing with anyone or anybody always risky, but some rare situation and too much important situations i can provide my documents for kyc! 
full member
Activity: 518
Merit: 100
I would not give my details. Personally, I do not like. I don’t like to transfer data in the 21st century. It is not safe. I think many people will agree with me.

I do not care much about these things, although, here some guys say negatively about fingerprints. In the USA, all people leave their fingerprints in a base and take it easy. If something like this is needed, I'll agree.
full member
Activity: 490
Merit: 123
It is dependent on how you would treat my data. How safe it would be ?

Recently i joined a gym and the gym had a fingerprint scanner and was used for opening the doors there, I did not feel comfortable with that. I would rather not give out my fingerprint to random organization.
legendary
Activity: 1904
Merit: 1277
We absolutely should not surrender valuable personal information such as this. I am glad that many on here seem to share my opinion that personal data is valuable and should not just be handed out for free. If a company wanted my fingerprint or eye scan, how could I trust them not to sell this data on to a third party?

Personal data is a huge and lucrative market, and there is a lot of money changing hands as information is passed to advertisers and more nefarious parties. Even if the company has genuine noble aims, there is always that incentive to sell the data, and even if they don't there is the possibility of hacking once it's known that a company holds vast tranches of this data. Information such as this really is digital gold. Everyone wants some, and you shouldn't give it away or allow it to become vulnerable to theft.

Your personal data is yours and should remain yours. Guard it well.
legendary
Activity: 2338
Merit: 1124
Shouldn't it depend on the money? I mean we all know we are talking about a potential ICO here with the information given with the funding and in return we are getting a certain amount of money most likely not enough to worth it. However if we are going to just assume any amount then I am sure we can find a right amount.

Some people would be willing to give their information for 1000 dollars, some people would be willing to do it for 50 thousand dollars, some may request a lot more, maybe we need a monthly thing or maybe we need one time big thing.

Basically I am sure you can find people that will accept it for a certain amount, its just the question of how much. I am sure if this idea turned out to be real and you did it for 50 thousand dollars per person you can find thousands of people sending their ID easily. However, if you ask them they will say no while if you offer them they will say yes.
You sound like you can easily sell out your birth right for money. There are so many things that one really needs to guide against and everything should really not be about money. Damaged reputation is too difficult to regain when being lost than to regain money, and no matter the money you get, it will not stay for life.

You talked about potential ICO, what is the guarantee you really have that the ICO in question really has the potential, have you not seen lots of ICOs in the past that you believed to be potential, and yet turn out to be a shitcoins later in future?So KYC should not be about the money, but we need to be sure it will not cost damage to our reputation.
member
Activity: 420
Merit: 10
I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account

would you give your fingerprint or eye scan for a fair money supply?

see https://en.wikipedia.org/wiki/Time-based_currency
No, I never did that even if the reward was $ 50 or $ 100. For me, I was afraid that my personal information would be sent everywhere and bad people would use my information to do bad things.
I don't want my future to be in jail. Sorry for not being able to help you.
copper member
Activity: 546
Merit: 1
I will, only if it's a legit scheme or organization in charge of such program, this is not the first time most of us are giving out our personal details in the crypto space and outside the crypto space but one thing we all must consider is to always do a depth research about such agency before submitting our personal details. There's hardly any piravcy in anything we do online but if an organisation promise 100% privacy of our data and we later find out our details are used for other things without our consent then we can take things up against that organisation. Which why it's important we know about the organisation we're submitting our details to.
member
Activity: 574
Merit: 10
I would not give my details. Personally, I do not like. I don’t like to transfer data in the 21st century. It is not safe. I think many people will agree with me.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account

would you give your fingerprint or eye scan for a fair money supply?

see https://en.wikipedia.org/wiki/Time-based_currency

I would not do that because you are not a company or even compliant with any government, if you can show us that you are a legit company and very much compliant and guarantee that our information will not be solved to a third party, why not but if you cannot show us then I have to decline.

No, I won't. We have the same answer on this one. Are you going to trust an unknown person from the net with your identity? Fingerprint or eye scan is all you have if all your material possessions are gone. And you are going to risk the only identity you have? I don't think so. He can say all the good things to his creation, but who are going to assess its value? There's no guarantee that it will even hit the market, but wait, you already sent your identity to him... Opppssss
Not only that, we do not really need a currency that promises us to offer a fair money supply when we already have bitcoin that offer that to us, in a way the coin that he is proposing runs contrary to what bitcoin is trying to achieve, a currency that only allows you to have one address and that requires such an extreme form of KYC means that the creator of such coin will know not only every transaction that ever happened but he will also know who was responsible for such transaction, so such coin offers nothing that bitcoin does not already offer with the added advantage that you do not need to supply any information to open a bitcoin wallet and have as many addresses as you want.
legendary
Activity: 3290
Merit: 1128
I am creating a money supply which distributes duration to addresses but need a way to verify each person has only one account

would you give your fingerprint or eye scan for a fair money supply?

see https://en.wikipedia.org/wiki/Time-based_currency
unlikely I'm a big fan of decentralization, and all my information are mine and mine alone I cannot even prove that you'll have a project that will have a potential in the future, the worse thing is, you have one of my information and I have your tokens which have no value at all only a promise coming from you that it will soon have a value.
LOL, this is the best way to really handle some of these projects developers that are feeling like they do investors or hunter favor with their projects and still demand for unnecessary document from them to the extent of imposing it. People are still fighting KYC so hard and scared of it being used against them by fraudsters and terrorist, why would any project now go to the extent of demanding for finger print which is the worst of it all.

Just has you have mentioned, why would I also do that for a token without value, even if they are paying me so much to do so, such project must really proof to me why it is so important for it to have access to such vital information.
sr. member
Activity: 1400
Merit: 283
Giving a fingerprint to some random will surely get you in trouble, just thinking about they could easily put it on a crime seance and accuse of murder or theft, but giving an eye scan does not sound that big of a deal because there will be no use for it, unless you are the president or some owner of the a secret vault they can't use it, so i don't see a harm in giving an eye scan for money for the time being, but i am still against giving crucial personal details that are not already public.
member
Activity: 448
Merit: 12
It seems to me that initially all the activities in the cryptocurrency market need to be put in order, so that there is no abuse and fraud, because each of us is already worried about the frequent requirements to provide passport data.  When and when a request for a fingerprint or retina comes, then your personal data will always be threatened, since you do not know to whom you are transmitting it.
Until recently, users of cryptocurrency were outraged by the fact that they are beginning to demand that they provide KYC in order to have access to their rewards, earnings and funds.  We were all outraged, but still provided passport information.  Then we resented the confirmation of our identity through video.  Nevertheless, they fulfilled this condition.  Thus, there will not be much surrender regarding the requirements of a fingerprint, but nevertheless everyone will even fulfill such conditions.
member
Activity: 350
Merit: 10
It seems to me that initially all the activities in the cryptocurrency market need to be put in order, so that there is no abuse and fraud, because each of us is already worried about the frequent requirements to provide passport data.  When and when a request for a fingerprint or retina comes, then your personal data will always be threatened, since you do not know to whom you are transmitting it.
hero member
Activity: 1722
Merit: 528
Whatever it is I will think about before submitting my scans or fingerprints, I will understand what it was before I joined him, so I was very difficult to submit my fingerprints and scans so I, whether it was profitable for me or could be able to  endanger me going forward

We should really be careful with these.

Giving off your personal address, your phone number or your card number is bad but giving off your eye scans and fingerprints is much worst. Giving off your personal information is dangerous since bad people might go to your place and do bad things but in terms of giving off your scans and fingerprints, that is like giving off your identity to them and I see that as the worst unless you know what you are doing and you know what that company's goal is.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Will that happen? I am sure most people do not support that by providing more detailed and more important personal data only for a fair supply of money, it will never be comparable to me it can be misused at other times and their interests, do not let this work because of my KYC don't like a little but many people send KYC just to get coins that aren't necessarily good and real.
well, there are a lot of people like that, examples of cases like those that happened on blockchain and coinbase, there they can get additional trading capital when they have done KYC and the price they pay only for $25 in my opinion is very valuable because your identity can be sold at a price higher than just $25.

Exactly thank you very much!! xD

Here is why KYC is total crap.

Mr scammer is lazy and wants to make a lot of money very quickly to live his fast and uncaring life style. Mr scammer thinks very hard of what to do. Mr scammer remembers the threads and forums he was visiting to learn the latest scams and ways to be a dirty thief. Mr scammer find a black market someone recommended to him. Mr scammer notices person ID being sold for $50-$150. Mr scammers rubs his hands together and decides this will be very easy because Mr scammer knows that bitcointalk is full of idiots giving away their KYC.

Mr scammers takes 5 minutes to make an airdrop that asks for KYC and offers $200 each sign up. 10 people sign up and mr scammer sells those ID/KYC and goes on a trip.


Advanced Mr scammer wants to make more then Mr scammer so advanced mister scammer creates a fake coin to sell at a fake ICO and gets the ID/KYC by asking for it in order to invest in mr advanced scammers fake coins. Mr advanced scammer knows if he goes on about crime and AML and other bs he can scare people into giving KYC. Now Mr advanced scammer gets the ICO money and the dumps all coins on the exchange and makes even more. Not to talk about the KYC profits.

I would not be surprised of many people here have had their KYC sold.



I wonder how many of these smaller exchanges are doing the exact same thing? I always "watermark" my ID documents with the site or exchange name written on the photocopied document, so that I can source the leak if someone used my ID documents to signup for some other service.

I have not had one instance where the exchange or service did not want to accept the "water marked" documents, because they know why people are doing this. It also keeps them on their toes, because they know they will be blamed if that information is used and traced back to them.  Tongue
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