Post
Topic
Board Altcoin Discussion
Re: Am done with KYC
by
cryptounicon
on 19/04/2019, 17:59:28 UTC
KYC's go against pretty much anything I stand for in regards to lower volume average users. I think if someone is moving substantial sums of money that perhaps a KYC could be acceptable, but a KYC for a bounty program is ridiculous. That means that you actually need to trust the project with your personal information and goes against decentralization efforts. A hacker could easily steal your private information and then use your ID to cause mayhem.