Post
Topic
Board Altcoin Discussion
Re: Why KYC is important?
by
asradoni
on 17/08/2018, 11:09:21 UTC
KYC is necessary to defend people and their investments. For ex., it could be bounty participants where KYC helps to avoid multi-accounts. Also it could be ICO participants (for ex., to avoid buying all tokens with several investors).
And what about confidentiality and decentralization? Was it not for this the crypto currency was created? Now we are discussing a topic that was impossible a year ago.