Quote from: geopolisch on July 25, 2018, 08:19:23 AM

I didn't know what KYC stand for, I initially tought it was something like "know your customer so you can provide better service" or something like a marketing deal or something Cheesy

Apparently it is not. Well this sounds too much like George Orwell's 1984, why do you need to "know your customer" in this sense, I am fine with facebook collecting info about me so it can send me advertisement but collecting info so you can share with goverment doesn't sound that good, I am fine with advertisers, not so much fan of goverments.

i think kyc for ico need to decrease cheater. you know, many people have much alt account and sometimes in one ico they register more than one account. and it break the rule, for one ico is one account. so they need kyc to proof that they are different person.
but, if it for government it mean they support and minimize people that use bit or altcoin for bad attitude. and they want to make cooperation with exchanger.