Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][NET] - The Browser Based Blockchain - Main net December - Liqui
by
dzonikg28
on 10/02/2018, 12:26:51 UTC
Quote from: salary123 on February 10, 2018, 02:00:44 AM
Quote from: IMZ on February 10, 2018, 01:56:27 AM
Quote from: Nimiq on February 09, 2018, 06:12:02 PM
Quote from: IMZ on February 09, 2018, 08:57:31 AM
Calling people 'idiots,' altcoiner555? Thanks for that!

There are, I feel, a range of questions that the devs should be here answering right now.

Please go ahead and ask them Smiley

Firstly, what documents and information constitute 'KYC'? When Bittrex launched an enhanced-verification project last year, they arrogantly assumed that their KYC processes encompassed every national-postal-address system on the planet. As a consequence, I experienced days of drama -- locked out of my account.

If 'KYC' remains a set of unknown documents/information, then where do I stand? Do I hold on to my tokens until the conversion begins, only to find that I am simply unable to 'KYC'?

Secondly, check the latest Vlog. A Nimiq team member is seen making little electronic hats for little electronic heads. Meanwhile, both this thread and the Reddit have token holders expressing concerns about losing their holdings -- ??
KYC is the policy and trend that all governments use to "protect" people. I miss the old "de-centralization"


What does it mean that you miss the old de-centralization? The problem is that it's wishful thinking that a world can function properly without any regulatory boundaries. I am the last person to believe in KYC and AML and what not, but I am also not totally convinced of this 100% libertarian model where every single individual is responsible for itself and, hence, partially for society as a whole. I'd like to see a system where KYC exists, but KYC doesn't necessarily mean that you have to provide your name and your foto. Maybe one day KYC is a unique string of bytes and bits representing you in a way that heavily protects your privacy as long as you don't violate the rights of others.