I can see that soon almost exchanges and even ICO programs will be requiring us to do the KYC procedures where we are required to pass copies of our legal documents before we are granted entrance or the use of the services or programs we are interested with. This can be as common as having a password or 2FA.
Now, personally I have no big problem with it though just like anybody else am also concerned that my personal information can be divulged to anybody or a group that might use it for any illegal purpose. This is one risk we are facing once we are actively living in the online world. Evil people who can be thousands of miles away can now be just one click away.
What are your apprehensions about the KYC procedures that will soon be as popular as noodles?
If they show that they are compliant and regulated why not, I prefer doing KYC to exchange that host an IEO than ICO where the people behind those projects are dubious, there are so many debates about KYC but people should be aware of what they are getting into and should know the repercussions of doing bounty and KYC to projects that looks dubious.