Quote from: colenax on April 18, 2019, 11:15:11 AM

Quote from: raymondspeaks on April 17, 2019, 11:33:31 PM

The KYC process annoys the hell out of me. I remember a time when you could trade coins freely and without owning up to your identity at all. Not that I'm hiding anything, I just don't like every man and his dog having a copy of my government ID - I feel that's very intrusive. I mean the whole idea of cryptocurrency was anonymous peer-to-peer trading without government intervention. Now it seems you can't fart in the wrong direction without someone breathing down your neck.

I mean I get it, exchanges, ICO's, etc, want to be on the safe side -- although what I really object to is these places accepting my crypto first and then telling me that I need to give them a mugshot if I want to use it, or withdraw it again. It's a nightmare.

Anyone else a bit miffed with all this identity craziness we're in right now?

Or am I just being a grumpy old man?

I don't mind doing KYC in every campaign or investing as long as my data is safe.
I don't think you need to worry if you don't want to do it.
and almost at this time, both investors and bounty hunters are always included in KYC in each ico

No one can guarantee that because when the data was shared on the internet, the possibility to get hacked is wide open and it depends on the exchanges, project, or even the other institutions to make sure the data is safe. At least, they can say that all of their customer data information will be saved in a safe place, but they cannot guarantee 100%.

So if you want to do KYC, make sure you know their reason to ask KYC for the members, and I think it is normal if the KYC is applied into the exchanges because the exchanges don't want to get trouble for money laundering or illegal activity from their members. But it still feels not good if give our personal information to other person and that's why if we don't want to apply KYC, we could use decentralize exchanges than to use centralized exchanges.