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Topic: Would you trust FB with your KYC details? - page 11. (Read 13871 times)

legendary
Activity: 2674
Merit: 1048
for the kyc problem on facebook I'm not sure to entrust it completely because it seems that security is still not guaranteed, so I only fill in my full name and original email, but not for other data because it seems that there will be more data leaks like those already passed.
Your full name and your original email has enough for other people to know who you are. Just simple, they can find you in the social media. Put your name on the search board and match your original email then they will know you. Moreover if you put your data on libra coin it will be easy for them to know who you are. Social media has been cheating us about KYC, most of them need our real identity even about what we like will be known by them.
legendary
Activity: 3080
Merit: 1292
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for the kyc problem on facebook I'm not sure to entrust it completely because it seems that security is still not guaranteed, so I only fill in my full name and original email, but not for other data because it seems that there will be more data leaks like those already passed.
If I can trust an exchange, why I would not trust facebook, they are getting into this business being compliant to government regulation and they have a lot to loss in case they mess up, so I would not doubt trusting them, I'll be compliant to KYC 100% in case they demand it.
hero member
Activity: 2520
Merit: 952
If fb can succeed with all data mining they do on users then surely their cryptocurrency can succeed as well.
sr. member
Activity: 2254
Merit: 258
I wouldn't. I don't think this coin will succeed! What do you think?

There is a US intervention and they are going to investigate this issue, I prefer to wait for the outcome of the investigation, I'm sure they will ask for KYC because it is very prevalent among new coins but I doubt if they are going to do crowd sales for the public hopefully they will do an airdrop.
legendary
Activity: 1386
Merit: 1000
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I wouldn't. I don't think this coin will succeed! What do you think?

I think facebook users information has been leaked before. So i don't know if i can trust it anymore or not.
If i know the company project is good, then i won't doubt to send my KYC details to them.
The promising ICO project in cryptocurrency is existing, but only few.
When information on facebook have been leaked? As long as you didn't give your detailed information on fb, you should't worry your ID will be leaked
Libra coin which in facebook isn't an ICO or something like that.
member
Activity: 658
Merit: 10
And I was also the first time how the coin this time succeeded or not, but after all, thinking like normal, if the problem is sure, yes, I am still convinced, but the point of thinking is not to expect the results of the coin anymore
 
legendary
Activity: 3346
Merit: 1352
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You guys are honestly naive if you think facebook doesn't know who you are. They don't need to do KYC, you already gave them more personal information than what they can get from your ID. They know your friends, families, topics you're interested in, location, and much, much more.

Not really. FB only know about you from the information that you chose to feed. For my part, I have never used my phone number or regular email ID for registering for Facebook. But you may be right in certain aspects. They can get information about location, IPs, friends/family.etc. But that is different from knowing your social security number or having access to the tax returns.
member
Activity: 280
Merit: 41
You guys are honestly naive if you think facebook doesn't know who you are. They don't need to do KYC, you already gave them more personal information than what they can get from your ID. They know your friends, families, topics you're interested in, location, and much, much more.
sr. member
Activity: 1638
Merit: 251
I wouldn't. I don't think this coin will succeed! What do you think?

I think facebook users information has been leaked before. So i don't know if i can trust it anymore or not.
If i know the company project is good, then i won't doubt to send my KYC details to them.
The promising ICO project in cryptocurrency is existing, but only few.
member
Activity: 798
Merit: 14
For my own,yes i will coz its FB and its trusted apps so if there's any thing or any bad happen it will cost untrusted rate,as for now may of us was using FB,so the witness of it will make more if that let happen.
Facebook already has our details the only difference is they don't have real information of some persons.
member
Activity: 144
Merit: 10
If FB thinks you not a real person it asks for an ID and selfie. I already don't agree with that and now they want more info? NO!!
Trusting your data to a company that makes money to sell data is so stupid.

I wouldn't. I don't think this coin will succeed! What do you think?

For me yes, i know FB is a reliable business from the start, so i think FB deserves my trust and i know that they are confident that they could do their part as a business partner in a legal sense, and that we already know that Facebook exist for how many years, so i believe that their stablecoin could be more reliable than the other stable coins out there in the market, lets hope for the best for it and that business is all about trust and confidence.

Do you know FB as leaking info a few months/years ago? Shows what you know.


member
Activity: 798
Merit: 38
I wouldn't. I don't think this coin will succeed! What do you think?
Even if it will succeed, I have nothing to do with it. I still wonder sometimes what it really will be used for, most especially when it comes to block chain technology. It I not going to be decentralized. So submitting my kyc to them might not be safe. I would prefer other coins to it.
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
I wouldn't. I don't think this coin will succeed! What do you think?

For me yes, i know FB is a reliable business from the start, so i think FB deserves my trust and i know that they are confident that they could do their part as a business partner in a legal sense, and that we already know that Facebook exist for how many years, so i believe that their stablecoin could be more reliable than the other stable coins out there in the market, lets hope for the best for it and that business is all about trust and confidence.
hero member
Activity: 1568
Merit: 544
I must agree with him on this! Why would they need KYC when they collected so many informations about all their users.
It is always convenient when you agree with there terms so they can do anything they want with your personal info. ; )   Its needed for the countries that require it.
full member
Activity: 854
Merit: 102
I wouldn't. I don't think this coin will succeed! What do you think?

If FB really wants to run a project and launch coins, of course it will work. Because FB is the world's largest company that has been successful. Their stock are very large. Facebook's revenue this year is US $ 15.08 billion. That is, if they want to run a new project it's very easy.
full member
Activity: 826
Merit: 104
facebooks libra coin is centralized coin and they are making this coin for making money and i think everyone should avoid libra coin but we have already lots of stable coin.
full member
Activity: 952
Merit: 104
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I wouldn't. I don't think this coin will succeed! What do you think?

It's not that I don't want this coins to succeed but also I don't like this to do KYC if ever I invest in this coin. It's enough that Facebook already has most of our data but if it includes to cryptocurrency then I would say no due to many hackers and the security is not that strong here.
full member
Activity: 432
Merit: 100
I assume you are saying this because of the breach in their system reported some time back. I don't think this should be a basis to think they can't handle such important information by their customers. Fb is a reputable company and would do everything to maintain their standard
member
Activity: 458
Merit: 10
I wouldn't. I don't think this coin will succeed! What do you think?

I don't think there is any big deal in submitting KYC to purchase the FB coin. I believe large percentage of the world population have FB account and it has already revealed each and everyone identity even before the FB coin.
full member
Activity: 429
Merit: 100
So far I believe in this Facebook coin. For KYC, what needs to be doubted? Many people have been waiting for this coin, they will even wait until they are registered at the exchange next year 2020. Don't confuse me with your question. Thanks!
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