Post
Topic
Board Economics
Re: Is KYC benefit to crypto people or not
by
Edraket31
on 09/12/2019, 14:28:01 UTC
Is KYC is benefit to crypto people or not. what are the advantages and disadvantages of doing KYC.

Universal money and Anonymous is the biggest strength of btc BTC, now every country follows KYC and then it can be controlled by someone.


Now KYC is trend in crypto market..... Cheesy
In fact, I'm not quite sure about the dangers of providing my personal information to unfamiliar organizations. but I'm sure there's something shady because something valuable is required to send them. So for the sake of our future and identity, we should no longer provide our own KYC. bounty campaigns that require KYC are all lies and just want to reap our benefits, stay away from such projects.
When I was new here too, I am good with providing my personal information as I think that this is really relevant and I am fine with it since when applying for a job they are needing your personal info too, until such time that I realized and have searched that scammers are using our personal identity and selling it in a company for them to take advantage of it, and that's the time I am afraid now to provide the real me.