Would you trust FB with your KYC details? - page 8.

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Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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

Facebook already knows where we live, who we hang out with, what we do for living, how we spend our weekend and nearly everything about our personal life.
If they to reveal they may have our deepest secrets. We all trust facebook in all these than why would providing them with our documents be difficult?

ansarose1

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I think its not necessary to undergo kyc in a simple task. Perhaps there's a lot of accussations that there would be personal information thief happens upon kyc. Some syndicates may use our personal identification, so it is too risky to do kyc if the project is not legit.

zissmieus

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I think that in order to create justice, they will make a request to KYC when you want to buy their coin. This is to create trust and commitment when you want to buy large amounts of LIBRA coins. And with the facebook team I believe the payment trend through crypto will quickly spread and be easy to use for almost everyone. It will make this market even bigger.

EXtremeAEX

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Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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

Never. FB has proven itself from the bad side. They constantly give the personal information of their users to third parties. So what will change now? Nothing. Therefore, I would recommend everyone to think a few times before giving their personal information to them or anyone else.

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Quote from: shakesbear on June 27, 2019, 04:40:49 PM

Let's see what happens, maybe it will develop and it will be easy to pay for everyday needs, taxi cafe products, for this I would use.

Because there are partners that will partner with them so its easy for their Libra coin to be used as a payment. A crypto that doesn't have use is going to be dead but as long as they have use, they will stay. I'm not a pro Libra coin but that's the reality and as much as possible I wouldn't want to trust them my details but the reality, each detail that we had is already on their database if you use FB.

XCANA

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Quote from: Muzika on June 18, 2019, 08:30:28 AM

Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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.

Personally I wouldn't entrust my privacy to Facebook because of what happened with their privacy breach or accusation from the US government. Although am not a fan of altcoins and wouldn't have interest on the said token.

shakesbear

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Let's see what happens, maybe it will develop and it will be easy to pay for everyday needs, taxi cafe products, for this I would use.

BADBITCH

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Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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

I believe Facebook wouldn’t necessarily need your kyc details
Facebook has it already

For every Facebook user, Facebook knows you, your friends, families, and even your private profile if you use unto full efficiency

JuliaJi

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I think it is not actual, now every organization ask KYC, so if you dont want to give your documents just dont use FB, but they could have them at this moment without you))

bvg96634

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The coin will succeed, no matter what. We all know Facebook is a very successful platform, and they must have planned this through. Their success is not dependent on anything; they will have an audience and people engaged, even those who are not into crypt; we will also see them getting engaged in crypto.
So many people are using Facebook. Our info is already out and being used by Facebook, so you need to not to worry about that part buddy.

nikola22

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Facebook often loses users data so it will be silly to give them your KYC details and use their future stablecoin.

Mila52

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The merit of the new project by Zuckerberg will give a big plus to the popularization of cryptocurrency. But Liebra is a centralized coin-stablecoin. Facebook has the worst reputation for storing and protecting users' personal data, often violating their interests, let us recall the recent scandal with the discharge of confidential information of 87 million people! And I don't want to trust my personal and financial documents for the new platform from by FB.

semobo

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Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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

nothing will be safe in this world so I think no one will ready to secure your details properly especially when it comes to social media like Facebook then you will definitely not to trust them that is the fact also.

halpi

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sure I won`t. Facebook is one of the most corrupted corporations I have ever seen.
Zuckerberg loves money more than anyone.
Sure I won`t trust them. Will it be successful? Well, probably yes.

adekogbe

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Libra coin being a coin of facebook means that it belongs to a centralized company, however companies like finance are also centralized.
I think libra coin will be good irrespective of its facebook connections

frost_wind

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If I understand correctly, then Facebook launches their own stable coin to integrate it into their services. What is the point of buying it at crypto exchange if it is just another one stable coin? We already have tether , usdc , tusd , pax and I don't see a reason to change them for libra. Since I don't use facebook I absolutely don’t need this coin and I’m not going to go through any verification and share my kyc details

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Quote from: Tilbrook007 on June 18, 2019, 06:18:42 AM

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

Libra is backed by big corporation and facebook get more fund from their partner, i don't think if facebook can leak our data without permission from stakeholder, like previous issue about data leaked, and now facebook are trying to keep their image about privacy user

rozak

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with a big name fb, of course I believe in doing KYC what's more to get a Libra coin for free of course everyone will do it because the quality of the Libra coin is guaranteed and I am sure that the volume of the Libra coin will be high after launching

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Quote from: monalia on June 26, 2019, 01:42:58 PM

There is huge expectation for this coin Libra. Even here on this forum also there are many people keep on looking for the releasing date of Libra coin. Firstly I will never do KYC verification for investing any cryptocurrencies or tokens.

Since the number of fools are available in high volume this kind of centralised cryptocurrencies will stay longer.

I don't think there will be any problem while doing kyc on giant like fb. We can trust on the security system of fb at least. Moreover, fb is doing kyc so to ensure that libra coin do not pilferage out of libra ecosystem and don't fall in the hands of market manipulation.

monalia

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There is huge expectation for this coin Libra. Even here on this forum also there are many people keep on looking for the releasing date of Libra coin. Firstly I will never do KYC verification for investing any cryptocurrencies or tokens.

Since the number of fools are available in high volume this kind of centralised cryptocurrencies will stay longer.

Topic: Would you trust FB with your KYC details? - page 8. (Read 13853 times)