Post
Topic
Board Altcoin Discussion
Re: Sending in fake ID for KYC
by
minersday
on 05/08/2020, 14:51:56 UTC
After reading the topic, I made the following conclusions. We shouldn't send fake documents, as we are breaking the law in this way. But the KYC check itself is also illegal, as it violates the basic principle of the crypto space - anonymity. But as a result, both things still happen.

I understand why some people might submit fake documents for a KYC verification process  but considering the current ways KYC's are done now, it will be very difficult for people to use fake documents as before. Do you think KYC is really needed in a decentralized ecosystem like the crypto space ?  But people say there is nothing like anonymity in this world we find ourselves.