Post
Topic
Board Economics
Re: KYC for penny money?
by
yanetriwidia
on 20/04/2019, 03:14:49 UTC
I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

Yes, we also can reduce someone cheating but also if we know that KYC can also commit fraud by collecting document documents to fulfill KYC and getting a nominal amount that is more than it should be received, this is also the way someone misuses KYC.
and it is proven that many people do that