Post
Topic
Board Economics
Re: Cryptocurrency, KYC and Terrorism
by
imstillthebest
on 21/06/2019, 07:07:20 UTC
,I would like to ask some of these questions first, what information exactly are we insinuating that these companies are selling to make money, and who are the people they are selling to, and what will the buyers of this benefit from this?


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what information exactly are we insinuating that these companies are selling to make money,

in kyc you are ask for a personal i.d ( drivers license and a passport ) and also a selfie , other will ask for an actual video calls  but they arent selling your personal infos if the company is proven to be trusted .

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and who are the people they are selling to,

if the company is scam and they are going to sell your kyc to others  ,they will sell it on the deep web and people that needs kyc will buy it .

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what will the buyers of this benefit from this?

its obvious that they will use it on a company that ask for kyc or maybe they will re sell it to others for a profit .