Post
Topic
Board Altcoin Discussion
Re: Who watches the watchman?
by
Caladonian
on 09/06/2019, 08:55:40 UTC
Let's start with KYC,  this ICO project developer's will launch a project and state that they want to remain unknown whiles they forced KYC on both the investors and bounty hunters.

The big question should KYC be mandatory for everyone... 

Will the anonymous goals be achieved with KYC?
If they are launching an anonymous coin but asking for KYC which makes their basic idea to go against their coin so people might ignore this project mostly.

KYC should not be implemented in anonymous and decentralized payment system.
Good point, why ask for something that will totally disregard the intention of your project? Investors so with hunters mostly ignore this types of ICO'S, simply because they wanted to remain anonymous around this sphere and with the process of KYC everything will be broken.

Anonymity should remain still, as it is the essence of this project, freely invest your money and move in and out without any trace.