KYC verification has become a big problem for investors in ICO projects, but it has become an even bigger problem for participants in the ICO bounty campaigns. Most KYC checks are carried out after the end of the ICO, when bounty hunters are no longer able to refuse to participate. After all, they have done the agreed work and are just waiting for the deserved payment by tokens. Here, KYC verification already serves as a form of fraud in order not to pay the tokens earned by us.
As for the possibility of using our data by terrorists, this, of course, is not excluded. However, I do not think that the probability is high. There are not so many terrorists using cryptocurrency in the world, in any case, not anonymous types of it.
No way! I believe that we can invest without giving our identity. KYC process is just for whales because small investors only lend a few capital to buy coins. In addition, many scammers are using the identity of their customers in order to scam again. We don't need kyc because we are free and anonymous in this industry.
in my opinion KYC doesn't help anything , it only puts you at risk of getting your identity stolen
there are million ways to send a fake ID and many people are doing so
I heard stories of rogue exchanges and ICO and bounty campaigns reselling their users data to any interested party
with the databases resurfasing on the darkwb from time where anyone could buy them
I do not fancy my real identity get leaked just because some exchange doesn't believe I'm not a terrorist