Side note: crypto currency was made to avoid dumb policies like kyc, so no I don't fear it, I fear people thinking it's good for some reason to use with crypto currencies. Ultimately the avg. person gets screwed (they pay taxes while the bad-er people can find a way around anyway.. only screwing the nice-er people with kyc). So I guess I fear getting screwed in that sense and possibly if I ever have an identity worth stealing my info is all over the place thanks to stupid policies like this and my Dr.'s office needing a copy of my license, s.s. # and birth date.. all in the hands of an underpaid disgruntled receptionist..

In fact I got a letter not that long ago from a medical place I haven't been to in over 3 years telling me they had a breach.. of my info.. and that it's ok they signed me up for 12 months free credit monitoring..? because identity thieves only use your info in the 1st 12 months??? and not the rest of my life? thanks..
also shouldn't I have to approve such a service?? or get to choose one? horrible.

Sooooooo be prepared to receive letters just like that from your bank, your dr. and your crypto favorites... in the future..
at this point 90% of us are fucked. didn't equifax or experian get hacked like 300 million people? oh sorry it was only 143 million people (half the usa) and it was equifax: http://www.chicagotribune.com/business/national/ct-equifax-data-breach-20170907-story.html

and: http://fortune.com/2017/09/07/equifax-hackers-personal-details-143-million-people/
interestingly some British and Canadian people were also in there systems.

So yes build yet another database, this time in crypto world for your info to get stolen, under the guise of "protection".. because after all, their are people who are now wealthy targets who may or may not have had a credit report OR have been in the regular banking system to have been targeted before with older basic target methods for picking good targets.

you have been warned.

In my opinion any company worth anything would fight to not use kyc b.s. in realms it does not belong, nor was intended to be used.

Fonebookhead

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