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Topic: would you give your fingerprint or eye scan for a fair money supply? - page 4. (Read 1090 times)

hero member
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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

Probably no. I like your idea but i think i'd have to compromise a lot in security if i do that. It's not only scary for myself but for my family as well.i'm fairly confident i can provide well when it comes to finances so no.
legendary
Activity: 3318
Merit: 1128
fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
right. the more specific that can be developed so that security is maintained. the presence of fingerprints or eyes certainly makes hackers more difficult to penetrate, so it is expected that the user's wallet security remains safe
Well I do not know much about eye scanners but for fingerprints, even though it looks effective, it does not mean that it is infallible. They also make mistakes and it’s not 100% faultless. Optical scanners will not always be able to differentiate between pictures of a finger and finger itself but captive scanners can be sometimes fooled by a mold of a person’s finger. I feel the scanner can be tricked by anyone if they get access to the authorized users print.

Like you mentioned that the wallet would be safe, but I think some hackers can even cut off somebody’s finger just to get pass a security system, though am aware there are scanners that have pulse and heat sensors to detect a living finger but it can still be manipulated by a gelatin print mold. So, it’s not even as if it gives 100% security, just that this ones will not be addressed as hackers but robbers, but it’s still not that safe because anyone can rob ones wallet that way
hero member
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I wouldn't no matter how big his offfer is. Who would know on where will he/she use it. I don't let someone to use me in doing such shady activity specially when fooling other around. Giving your unique identity to them is like selling yourself to them.
hero member
Activity: 2716
Merit: 552
Why would someone need to give their personal unique identity to someone who's not so reputable and not a well-known company? It's a breach of personal security to give it to someone that doesn't give you a credibility that you can trust them. They need to prove their services first in public before doing so over here. Personal security is something that you have to give assurance to the public that it won't be used against them or any other means of exploiting it.

Very well said man! Thats like envading privacy. Service proof first before anything else. In this generation you can trust no one, and your identity would be the most critical once it is stolen.
Even KYC got a lot of complains, how much more if youre asking for finger print and eye scanned or any biometrics.
full member
Activity: 686
Merit: 146
No, I wouldn't. Bio metrics is crucial and private information. It can be used in criminal ways so I won't be willing to give it away just for some cash. Or any private information for that matter. Your own privacy and security shouldn't be bought so easily. Even when I'm struggling financially, I won't be so willing to give away my finger prints or eye scans just like that even if money was involved. Its like selling your own unique identity. Plus, I find it kind of sketchy since what gain would you get from this information?
sr. member
Activity: 2506
Merit: 368
Why would someone need to give their personal unique identity to someone who's not so reputable and not a well-known company? It's a breach of personal security to give it to someone that doesn't give you a credibility that you can trust them. They need to prove their services first in public before doing so over here. Personal security is something that you have to give assurance to the public that it won't be used against them or any other means of exploiting it.
hero member
Activity: 1470
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No more Rekt and Bust
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

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.
How can you put your trust in him? The decentralized market has many scammers and they can do many ways to steal money or steal your information.
I think you should be alert to such personal demands.
Darknets are full of such deals about the collection of personal data.  Markets are full of scammers and they are looking for new wise options for scamming more and get rich with selling other's personal data.
sr. member
Activity: 686
Merit: 264
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I am not going to give my individual identity to anyone for the sake of getting some bucks,do you know how much this worse can do for you?

Even you can find your identities selling on the darknet which will be used for crimes so at the end you will be called as criminal eventually so don't do it bro.
member
Activity: 532
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

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.
How can you put your trust in him? The decentralized market has many scammers and they can do many ways to steal money or steal your information.
I think you should be alert to such personal demands.
legendary
Activity: 2646
Merit: 1106
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Fingerprint and eye scan is the one that provides with the individuality. People who always prefer to be anonymous won't go with this fair money supply. As most of the users mentioned, end of the day what we are looking for is an earning. With this into mind I'll give my fingerprint and eye scan.
sr. member
Activity: 994
Merit: 302
I don't think this is for me. The article was kinda limited but I'd rather just work for a crypto that appreciates in value so I can eventually spend my time NOT working. Also don't like the biometric part.

How is the hour credit priced and earned anyway? Just work for an hour and get an hour's worth of credit?

Let's say I work an hour transcribing some doctor's recordings and I then get 1 currency (let's call it ChronoCoin for example). Since this coin is in theory worth an hour's service, wouldn't it be unfair if I pay someone 1 ChronoCoin to have someone to clean my house for an hour?
sr. member
Activity: 1344
Merit: 253
fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
right. the more specific that can be developed so that security is maintained. the presence of fingerprints or eyes certainly makes hackers more difficult to penetrate, so it is expected that the user's wallet security remains safe
sr. member
Activity: 1667
Merit: 271
 fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Depending on individual and project developer requesting  for the fingerprint or eye scan,releasing personal data is dependent on how you can trust developer. To avoid  being scam it is better to research before investing.
legendary
Activity: 3542
Merit: 1965
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So your plan is to use Biometric data to verify people's identity, before you grant them a small "faucet" type income? I am just wondering what a criminal might be able to do with that kind of data? Let's say this kind of identification become the norm in the future, to withdraw cash from a wallet or a ATM, would criminals not be able to "'clone" that fingerprint or retina scan to access wallets or coins on ATMs?

Interesting project and a good method to collect biometric data for law enforcement purposes.  Grin
legendary
Activity: 1596
Merit: 1034
I will give the identity of fingerprints and eye detection but can you guarantee the security of the storage because people do not want if one day the identity they give is misused for negative things.
legendary
Activity: 1442
Merit: 1025
I don't understand people who say yes, I mean I don't care about the amount, it could be 1 billion dollars all at once in my bank account very legit, governments and taxes all taken care of, just liquid cash 1 billion dollars in my bank account to spend however I want and I still wouldn't give my fingerprint and eye scan for it.

The reason is not that I am a private person, I can give all that to a friend if he just asks, but giving it for money just implies that they need it for something bad, I mean if its something decent and need data of it than they can collect from around the world for five bucks or something but obviously it will be used for bad stuff and that is why they are paying for it and I would stay away from it and stay away from being connected to people like it.
full member
Activity: 486
Merit: 102
Depends for how much money, i will give if i think is enough paid, but only if the fingerprint and eye scan will not be used on bad ways, and i will need a guarantee for.
Ucy
sr. member
Activity: 2674
Merit: 403
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Depends on what they want to do with my biometrics, who is accessing the biometrics and where they will store it. I dont think i will coporate with people  who store biometrics information on centralized platforms.
 And I will not accept if they have an  agenda that could potentially violate the ideals of cryptocurrency.
legendary
Activity: 3248
Merit: 1402
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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
Wow, I thought the time-based 'money' existed only as fiction in, say, 'In Time' movie. So you are trying to make it updates, perhaps a time-currency blockchain? I would not be too comfortable with an eye scan, because I don't like to see bright light and stuff like that, so I'd avoid additional exposure like this, but fingerprint is a fine way of confirming identity. I wonder how many people are interested in this time distribution conception is general. Are you developing this thing for a specific project or is it more of an experiment?
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