Topic: would you give your fingerprint or eye scan for a fair money supply? - page 3. (Read 1095 times)
June 05, 2019, 02:56:27 AM
I voted no but this depends on the amount I have to get from this thing. Most of people in my country would give in to this offer since it will enable them to have a supply just by doing so. Aside from that, in a developing country many people would do anything just to get an income. But since I am ok with regards to meeting day to day needs, I think I'll pass until the situation gets dire.
June 05, 2019, 12:27:26 AM
I am not going to give my fingerprint or eye scan to any non-government private firm. I simply don't trust them, as I believe my identity is more important than any fair amount of money.
June 04, 2019, 09:52:00 PM
I have never given my personal information other than National ID, I do not want to give up my personal data beyond that, especially if I have to submit fingerprint data or eye scan data.
I will not do that and especialy give it to third parties. we know that third parties are not always safe, they can just sell your personal identity or abuse it? for example if your deposit-box is locked with fingerprints or eyescan, they can rob it with the data they get, don't do it to anyone #imoYes, this can be the problem. Usually we don't and will not trust third-party entities to handle these sensitive data and they can just be abused like being used in tracking someone that may not agree with the agreement or can even be use as a bait for someone to do something against his own will...in other words the information gained can use to control people. It does not matter if the present people managing the system can be good or not because later then they can be replace and the risks can be too much. It is enough that we have a good system that can check people who are doing illegal things. Ideas like this should be thoroughly vetted before being implemented.
June 04, 2019, 01:18:12 PM
By all means no. Security is a big issue for me, that is why I try so much to look for non-kyc companies when it comes to my bounty hunting. I really do not want my identity to be used in various purposes worst, terrorism. Money will come at the time of need but i don't think selling my identity in exchange for money will be on the list. Of course there are millions of us, but man, protecting your identity should be your priority. Do not conform to what other people do. Let us all be enlightened, 
If you did not do anything wrong, you do not have to be afraid of giving fingerprints for these purposes. I am not sure that this data will help terrorist hurt you. If it is needed, I will agree with this procedure.
June 04, 2019, 01:09:31 PM
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
If you want to create your own cryptocurrency, what is the need to make sure that the participants on this forum use only one account? Is it vital to create cryptocurrency? I do not think so.would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
A fingerprint or an eye scan to use a cryptocurrency is hardly worth using. With this method, we will not be able to transfer our wallets to anyone, and we are not eternal, and we need to provide options for events if something happens to us.
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June 04, 2019, 12:19:25 PM
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
would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
No, I won't do that because that will give my whole secret identity to you and that will be too dangerous for me. I cannot protect myself from anything if I do that even if that for fair money supply. We don't know how fair that money supply for every people and we don't know what will they do with the verification that we did so it is better that we can prevent that to protect ourselves from any illegal things that might happen to us.
June 04, 2019, 11:55:13 AM
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 will not do that. I am afraid to sell my information. because my information holders will be able to do other illegal things that I don't know. In the crypto market, we should not provide our personal information for some bad projects. They can sell all our information just to earn more money. would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
June 04, 2019, 10:00:08 AM
I have never given my personal information other than National ID, I do not want to give up my personal data beyond that, especially if I have to submit fingerprint data or eye scan data.
I will not do that and especialy give it to third parties. we know that third parties are not always safe, they can just sell your personal identity or abuse it? for example if your deposit-box is locked with fingerprints or eyescan, they can rob it with the data they get, don't do it to anyone #imo 
June 04, 2019, 07:48:14 AM
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
would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
It depends on the project if the project is good why not if it has a potential in the market why not, people do not want KYC for the simple reason that the project is gone after several months or cannot keep up with their roadmap, and they are afraid that their information will go to a third party which they do not know.
June 04, 2019, 03:14:02 AM
no i would not.
the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
Well said! that fair supply thingy wont really be a big thing yet it wont just focus into this thing but rather to utility.It isn't really needed to come to that the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
point like retina or fingerprint verification just for the sake of this fair supply thing yet there are more other things which would already be enough and not
coming already into this extent.
June 04, 2019, 02:32:05 AM
I also don't want to give it, i think only the situation if the website is trusted and can't use it without that, but i also don't understand what is fair money supply, this not guarantee that the project is legit and if our sensitive data is protected, but i understand you need to distribute the coin fairly and to only one person to get coins and not get cheated.
Is your project still live?
Is your project still live?
June 03, 2019, 11:21:57 PM
No, I wouldn't if I can't trust it hundred percent. I wouldn't dare to take a risk by giving my private data if I have a doubts against it. I should go for further investigation for my own security if I'll try the risk. Why don't they have a super secured transaction then it will not be questionable anymore.
June 03, 2019, 01:40:44 PM
no i would not.
the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
Well said! that fair supply thingy wont really be a big thing yet it wont just focus into this thing but rather to utility.It isn't really needed to come to that the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
point like retina or fingerprint verification just for the sake of this fair supply thing yet there are more other things which would already be enough and not
coming already into this extent.
June 03, 2019, 01:35:04 PM
I have never given my personal information other than National ID, I do not want to give up my personal data beyond that, especially if I have to submit fingerprint data or eye scan data.
June 03, 2019, 01:10:34 PM
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
would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
June 03, 2019, 10:50:45 AM
no i would not.
the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
the reason is very simple, it is because we already have alternatives that are much better and provide me a much better privacy without needing me to give you my fingerprint or retina scan!
and what you are forgetting is "fair supply" is meaningless. whereas utility is the only thing that matters and as long as a coin doesn't have that utility, anything else is just a waste of time.
June 03, 2019, 08:46:47 AM
I wouldn't do that. It is an identity issue and more to that is the things being asked for are just what you are and not even a KYC thing. This is greater and more revealing than just a name and mere passport.
June 03, 2019, 04:05:57 AM
By all means no. Security is a big issue for me, that is why I try so much to look for non-kyc companies when it comes to my bounty hunting. I really do not want my identity to be used in various purposes worst, terrorism. Money will come at the time of need but i don't think selling my identity in exchange for money will be on the list. Of course there are millions of us, but man, protecting your identity should be your priority. Do not conform to what other people do. Let us all be enlightened,
March 22, 2019, 06:27:50 PM
Your idea is still not failproof. Also, just because everyone is limited to one address/account doesn't mean that the money supply is fair.
Furthermore, for this idea to ever work, there needs to be a central entity which has to verify the legitimacy of each piece of identity verification. Whether we can trust this central entity to do their job is up to debate.
I simply don't see the benefits of doing this. You are not directly controlling the currency supply, and there is no mechanism in place that could ever control someone having multiple addresses/accounts. Also as I mentioned, the fact that you're essentially discarding the entire idea of decentralisation.
I think BTC's decentralised currency supply is all we need at the moment when it comes to controlling it. There is no need to do anything further than capping the supply at a point and enforcing it in a decentralised manner, so that no one is able to manipulate it.
Furthermore, for this idea to ever work, there needs to be a central entity which has to verify the legitimacy of each piece of identity verification. Whether we can trust this central entity to do their job is up to debate.
I simply don't see the benefits of doing this. You are not directly controlling the currency supply, and there is no mechanism in place that could ever control someone having multiple addresses/accounts. Also as I mentioned, the fact that you're essentially discarding the entire idea of decentralisation.
I think BTC's decentralised currency supply is all we need at the moment when it comes to controlling it. There is no need to do anything further than capping the supply at a point and enforcing it in a decentralised manner, so that no one is able to manipulate it.
March 21, 2019, 03:09:17 PM
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
would you give your fingerprint or eye scan for a fair money supply?
see https://en.wikipedia.org/wiki/Time-based_currency
Yes I would. Since we all are still going to die someday, why won't we try something new for a change of our lives? You shouldn't always believe on those conspiracy theories.
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