Post
Topic
Board Economics
Re: Cryptocurrency, KYC and Terrorism
by
Edraket31
on 18/10/2019, 01:45:50 UTC
I do not have any problems with providing passport data and therefore I will not oppose the requirements of KYC.  I believe that the real openness of the cryptocurrency market and its users will make our world more secure, because the threat of terrorism is very strong.  No one accuses cryptocurrency of helping criminals, but any possibilities for criminals to use cryptocurrency should be avoided.
KYC really needs to be in crypto currency, but we must know and be careful who asks KYC for us,
if the company does not clearly and not strong ask KYC for you you, should not need to give it, because it is very risky to be traded on the dark web
did reward amount worthed with our personal data? If it did we may pass kyc in any exchanges or projects.before we sent it   understanding the risk must be an obligation so we will not regret if someday occur problem with our data.actually kyc implementation good enough to prevent any financial crime in cryptocurrency market.

If it is for airdrop purpose, then would not take risk my personal info, I would rather not to earn a penny just to make sure my personal data is safe. I am doing KYC when required by the exchange such as when needs in withdrawal, and I have fund to withdraw.

Even KYC in exchange a terrorism can hack it, just like what happened to some exchange, wherein they are asking for money to exchange owners for them not to leak the KYC info of their users.