Post
Topic
Board Altcoin Discussion
Re: KYC for Airdrops: A bad precedence
by
borg9000
on 11/07/2018, 12:51:24 UTC
I have recently seen where bounty hunters were asked to present identifying documents.  Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.

Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens. 

It's terrible and this is a bad precedence these people are setting.

If as a community we do not say no to this,  then it would become the norm.

You are right, it absolutely makes no sense and goes against the basic crypto principles. It is one thing for a well known and established exchange to ask for personal data and follow through with KYC but it is ridiculous to send your personal info to some random dudes on the internet. I am not saying they will all have malicious intentions with your info but some might and I am firmly against that.