Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: KYC for Airdrops: A bad precedence
by
yowelfree
on 29/09/2018, 17:04:38 UTC
⭐ Merited by oginiimaoyani (1)
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.


KYC is one the security issues that is in contrary with the decentralized principle of crypocurrency in the blockchain technology space,I personally don't love the idea. Thanks