Post
Topic
Board Serious discussion
Re: KYC Safe or Threat
by
Gabi
on 09/04/2018, 04:14:35 UTC
KYC related to ICO's is a pure threat. Noone from these KYC providers, and I spoke with few of them in person on BtcMiami, can tell why they are collecting this and that. Because there is no written requirements for this usecase. These KYC-ICO providers just simply employ scare tactics against wanna-get-rich-fast "entrepreneurs" and just bank their money. Price is $4-10/person. To add to this - you can get in prison in many countries for storing people private information on your server without accreditation and certification.