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Altcoin Discussion
Re: WHY SHOULD YOU BOYCOTT ICOS THAT DEMAND KYC?
by
Grifosha
on
12/05/2018, 21:31:17 UTC
Quote from: poutintsev on May 12, 2018, 08:18:00 AM
KYC (Know Your Customer) is an infamous procedure we have mostly run into while dealing with banks.
Sadly for the whole blockchain industry we see many ICOs demanding KYC in vain.
Read below why you should boycott such ICOs:
https://medium.com/@filip.poutintsev/why-you-should-boycott-icos-that-demand-kyc-29a5b43904fb
I agree with you. KYC is contradicts main principles of cryptoworld. This is the influence old of traditions from of banks system.