Quote from: Rrtt on July 24, 2018, 10:17:29 PM

Quote from: juljon18 on July 24, 2018, 09:33:46 PM

I ask you to please stop participating and sending in your personal documents to participate in airdrops/bounties/ICO's requiring KYC. We have an amazing technology that is being presented to us but under the wrong circumstances can be used against us. If the governments attach us to our blockchain address you will now have every transaction being monitored by the authorities. Even buying a cup of lemon aid from the neighborhood kid will be taxed. This will usher in the next era of enslavement as we will be tax donkeys for the elite.

I don't have problem if government will taxed my income since it is our duty to help the government in developing the our country.

Quote

This is in addition to the fact that once you scan and send your documents online they are forever waiting for the next hacker to come along and assume your identity.

If you don't want to say no to KYC for yourself do it for the rest of us. Sending in documentation entire defeats the purpose of crypto.

This is what i am afraid for, my identity is being used or the instrument used by hackers to be used in illegal activities. I hope everybody here will realize the negative effect of KYC and stop asking for it.

KYC is being used a lot in ICO investment and partly in bounty campaigns. I think it is necessary to request KYC for ICO investment, but in bounty campaigns, this requirement should be dropped because bounty hunters do not have enough coins to influence the value of the bounty on the market.