Would you trust FB with your KYC details? - page 3.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: Tilbrook007 on June 18, 2019, 07:18:42 AM

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

Don't make sure that just keep wait what libra reach as new crypto coins, it's depend on how fb promote this project but very possible lubra become successful, at this moment libra is most controversial project. But I blew libra niot the competitor of bitcoin libra become under the bitcoin leadership as king of crypto and f coin can help also to promote crypto currency using fr social media. Kyc isn't a big deal for me as long as we don't make crime and we use digiltal currency in the good way no need to scared for kyc requirements.

EdenDice

full member

Activity: 418

Merit: 103

I already submitted my KYC documents to many unknown crypto projects, so, I have no problem with Facebook. Facebook is the world's largest social media network. I believe my KYC will be safe there. It is not a random crypto project that can sell your documents for some penny.

masterusd

jr. member

Activity: 138

Merit: 1

I don't trust any centralised project, the world of cryptocurrency mean privacy.

SolarWindMiningCompany

hero member

Activity: 966

Merit: 502

Quote from: Tilbrook007 on June 18, 2019, 07:18:42 AM

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

Yes because it's an oxymoron to not have your KYC with Facebook. The reason why i said so is because Facebook probably has more information about us (our parents, siblings, friends and associates more than any kyc platform so there's really nothing to hide for Facebook

MMA Rats

member

Activity: 509

Merit: 10

Quote from: BryanK on July 31, 2019, 02:19:55 PM

Libra is a very useful coin for ordinary people who are not familiar with the crypto industry. In addition, many institutional investors agreed to support this project.

The FB project is very interesting, but I don't really want to show my KYC data, I personally support the idea of anonymity in cryptocurrency

Prolifik

full member

Activity: 588

Merit: 100

We learned that we can´t trust any centralized entity.
If they solve the KYC problem with a diffrent blockchain solution, like ICON that is going to create decentralized verification ID system.

BryanK

sr. member

Activity: 812

Merit: 250

Libra is a very useful coin for ordinary people who are not familiar with the crypto industry. In addition, many institutional investors agreed to support this project.

Miy Monk

copper member

Activity: 53

Merit: 0

FB coin can be a successful stable coin. But in question of KYC I don't trust FB. Not a little bit. As everyone knows that how they use the information of their users.

EXtremeAEX

hero member

Activity: 798

Merit: 503

Quote from: Tilbrook007 on June 18, 2019, 07:18:42 AM

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

No, I don't trust the Libra Coin, as those who are behind this project are not credible. By entrusting them with your personal data, you simply give them access to any of your information. And this will be used against you, in order to earn money on you as much as possible.

[btc]YSG

jr. member

Activity: 238

Merit: 3

Quote from: Tilbrook007 on June 18, 2019, 07:18:42 AM

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

Doesn't facebook has kyc details of every of it's users already, facebook stored your IP locations, Addresses, School, Work Contacts and Families informations. What other information is left that you'll consider private enough that facebook doesn't have already ?

grosminer

hero member

Activity: 718

Merit: 500

Lol @ words "trust" and "facebook" in the same sentence..

Indymoney

full member

Activity: 896

Merit: 236

I am sure most of peoples going with negative because they have not good reputation already leaked data case and if now they are going to ask KYC then surely my reply is also in negative because I never trust them about this they can do any thing with this all and we could be in trouble.

cichaescut

copper member

Activity: 266

Merit: 0

SYNCHROBIT

They would leave us no choice, because Facebook already knows all your data. For sure there will be a KYC process, but in my opinion it is just a formal thing. In any case, I believe I won't use Libra, because I hate the idea of centralised tokens.

Chemcrier

copper member

Activity: 154

Merit: 0

IMO Exchange - Customer First.

They obviously wouldn't be requesting for KYC details until they are fully launched so there is no point.. but trusting them with KYC details when they already fully launched? I think I can because Facebook already has all my details anyways.

barabarian1

sr. member

Activity: 938

Merit: 250

i think, many newcomer will appear with facebook. many people dont know about bitcoin but ise facebook, and its good to spread about cryptocurrency. im think their coin will famous for middle and high society.
kyc is safe if it facebook. its better than other ico. facebook is real company, and you know where is it

Aryleeto

jr. member

Activity: 406

Merit: 1

Quote from: Tilbrook007 on June 18, 2019, 07:18:42 AM

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

In Facebook I passed kyc , and I do not think that this company will disclose your documents to 3 persons , unless of course you are not a terrorist , and are wanted.

crenfrosck

member

Activity: 470

Merit: 12

It’s simple: if you don’t hold your private keys, you are not a legitimate owner of the wallet. Even more, you are giving your financial details to a company like FB... doesn’t sound like a good idea. You would walk on a very thin ice as you never know if you haven’t violated “Community Standards” and your wallet might be suspended for a while just when you need it the most. I would recommend standing away from it for as long as possible.

martychubbs

hero member

Activity: 742

Merit: 503

FB has the best marketing strategy and will succeed, no matter what. They already have most of your information. It is a centralised coin so they may ask for KYC, but let’s see what happens when it comes out.

elcoblast

full member

Activity: 390

Merit: 100

i don't care about KYC data for facebook, because Facebook already know about our detail information, and everyday we are shared our personal data like we used google and facebook, so i don't really worry about this, because our data are protection by GDPR regulation

bitladen

full member

Activity: 322

Merit: 100

Never liked to show my KYC data to anybody, only in extreme cases I passed KYC, and in other cases I never pass KYC and in cases with FB will not

Topic: Would you trust FB with your KYC details? - page 3. (Read 13830 times)