Quote from: itarachiu on January 21, 2019, 11:29:28 AM

Quote from: itarachiu on January 20, 2019, 05:57:12 PM

Quote from: coolcoinz on January 20, 2019, 04:28:38 PM

That's the weakness of KYC and we had a taste of it when facebook got hacked and another one when this forum's database got stolen. I miss the times when we could trade freely without having to deal with KYC on sites like bittrex and poloniex, but things change. Unfortunately, in most cases they change for the worse.
I used to be and still am against KYC and government agencies trying to oversee crypto trading, but reading the posts of some forum members here makes me thing that I'm in the minority.

VPN + download Google Auth for PC = No more KYC Cheesy

I tried as a test 1 year ago and I successfully bypass all KYC verifications, I forgot on which one of exchanges... it was one of the most popular.

There are many KYC methods. With documents, phone, real personal data verification etc.
The problem was in the past because it was to easy to create one account, fill it with "some" personal information and thats it. Now if they think they added google auth they will stop criminals to create fake accounts, well google auth can be downloaded and run under VPN so problem solved. Documents? Really? I BET if you look on dark web you will find many guys that are selling documents or custom documents to buy. This KYC thing is just another arrogant attempt to invade your personal privacy.

Absolutely agree with you. KYC verification does not justify its role, it only causes great harm to users of cryptocurrency. This is especially noticeable in the activities of ICO. KYC verification is still valid on exchanges and ICOs in transactions with large amounts of funds. To apply it absolutely for all is stupid. It is especially useless for bounty hunters. KYC checking slowly kills this activity.