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Topic: Would you trust FB with your KYC details? - page 16. (Read 13853 times)

full member
Activity: 514
Merit: 100
With a lot of information related to Facebook Coin, it certainly opens up opportunities for scammers to carry out their actions. All we have to know is, Facebook coins do not open ICO. Because I got information in the telegram channel to be careful about the web ICO scam regarding Facebook coin.
legendary
Activity: 2674
Merit: 1048
I wouldn't. I don't think this coin will succeed! What do you think?

Facebook has a good security and I think they can secure it, but in terms of cryptocurrency I think that is the hindrance for their coin to boost in price because people dont want to expose and send their details for that reason.
Have you read this information Facebook says 14m accounts had personal data stolen in recent breach?

This is pointed out there is no safe place on the internet even even we can say it's a place that was visited by many people on this world.
full member
Activity: 714
Merit: 160
I trust them,
Facebook is a trusted and huge company, then why they want to steal our personal data, for what?
For selling to the darkweb?
Oh come on, they are already rich...

Also, I just ordinary people. Stealing my personal data didn't make them rich...
jr. member
Activity: 327
Merit: 1
The Standard Protocol - Solving Inflation
In general, Facebook has a large community, and even today there are many ico projects that use intermediaries through this social media network. I think if Facebook immediately launches cryptoqurency, of course there are many crypto users joining their projects. this is a good opportunity while facebook has become an important part of project promotion.
full member
Activity: 728
Merit: 131
I think this will be a big success in addition that they dont need to have a bounty program.
This LIBRA of FB will be a good thing to have, if KYC is required then go on.
We are already in FB and having our profile and family members on our friends list then we already had KYC.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag


For some users it doesn't matter, they have submitted their KYC details already on exchanges they registered, there is nothing more to hide now. Some of us submitted their KYC on blockchain.com for $25 worth of Stellar. If they already have submitted it, there ain't no reason to sound it to facebook because after all they are already in facebook and if they give more than $25 worth of Libra, why not.  Grin
legendary
Activity: 1540
Merit: 1002
Depends! but because of some cases that have happened before, maybe I will not be that easy to trust Facebook.
sr. member
Activity: 1162
Merit: 252
since the user data leakage event, of course I don't believe in Facebook only at that time I didn't complete my personal data on Facebook even for photos I myself only had fake photos so for me it wasn't a problem.
member
Activity: 798
Merit: 14
Lol, trusting fb with kyc you mean. If you're on fb they have your details to an extent especially when you link up your mobile number to your account there's nothing else to know which they don't know already.
full member
Activity: 504
Merit: 100
I wouldn't. I don't think this coin will succeed! What do you think?
I have a different think, LIBRA or Facebook coin will hit a success because the popularity of Facebook ia so kuch bigger in this world.
Why we must afraid when it Facebook.
hero member
Activity: 2086
Merit: 994
Cats on Mars
Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.

FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.
Changpeng Zhao posted something similar on his twitter acc: https://twitter.com/cz_binance/status/1140914571495927808

I'm not a fan of CZ but he's right on this one.
legendary
Activity: 2240
Merit: 1069
I wouldn't. I don't think this coin will succeed! What do you think?

If you are using Facebook, they already have enough information on you, KYC is just for legality. I think this coin will be successful just because of how big the company that backs it up. But real crypto people will not patronize this centralized coin.


FB Coin might ask for the KYC

They will because they are based in USA. It will be a requirement for them to have KYC on their customers.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Before facebook coin project appears most of facebook users already give their real name, address, real face and etc including their personal information and there is no difference if facebook want people share these informations to get free tokens or to being an investors because possibly most of people will provide this without thinking but for me personally i wouldn't do that and i had says it many times regarding KYC i'm not willing to give my data to them
legendary
Activity: 2492
Merit: 1018


Sooner they will ask for the KYC now that they are into cryptocurrency, they did this already though not mandatory to each user but the mobile number are somehow required for users. For some date they are already monitoring us like our interest and what sort of videos we watch and thus there are adds showing to our feeds. They figured it out already they jsut want confirmation but I'm not handing it out to them.
sr. member
Activity: 980
Merit: 261
I wouldn't. I don't think this coin will succeed! What do you think?

Facebook has a good security and I think they can secure it, but in terms of cryptocurrency I think that is the hindrance for their coin to boost in price because people dont want to expose and send their details for that reason.
hero member
Activity: 1078
Merit: 537
i dont trust anyone and i wont share my private information with any company, any team or anybody. this market is decentralized and i dont have to share my private documents with third parties. i prefer to buy from exchanges more expensive instead of buying during crowdsale.
copper member
Activity: 1120
Merit: 2
Facebook has its own ability to market. They are already associated with this world. I think they will actually do very well in this market.
full member
Activity: 742
Merit: 144
I wouldn't. I don't think this coin will succeed! What do you think?
I do have my active Facebook account before but already deleted it because of this reason, I'm not trusting their application anymore and I think I can live without it. FB Coin might ask for the KYC because they are a centralized coin and that's the risk of FB coin, but it is still depend on how they work for that coin. Fb coin should be more decentralized if they to succeed that's the biggest issues that they will face for sure, they are not good in the public anymore.
legendary
Activity: 2450
Merit: 1047
I wouldn't. I don't think this coin will succeed! What do you think?

They've already had our vital information and everything we posted on their platform, and it's too early to tell what would be the future of Facebook own coin in Cryptocurrency, they are in a new territory and we all know the community is very particular when it comes to privacy, let's if there is something in their roadmap and whitepaper that will protect our data and privacy.
full member
Activity: 910
Merit: 103
Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.

FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.
I'm agree with what you talking about, the day we start agree to using facebook, all of our sensitive information already given to them, even we don't agree with that, I believe that app will auto collect our data in background, so I think KYC is not important right now. As a large online social media and social networking service company in the world, coins will become success , unfortunately I won't support it.
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