Post
Topic
Board Altcoin Discussion
Re: To all that take part in KYC
by
Endikadija
on 24/07/2018, 22:30:13 UTC
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.  

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.
If all of the exchange sites will try to implement KYC and AML verification and then can you avoid it? You should never use centralized exchange site for that even your coin is traded on there and is it better to avoid that? Even you don't wanna give your documents to the authority and then that means nothing to them. If japan was banning all those centralized exchange to trade anonymous coin and then they can't do anything rather following the rules from the regulators.