Why I Think KYC Is A SCAM

1. Bitterex has amessage that they need more KYC by Jan14. So I evacuated my holdings. What are the good exchanges that we can use? Seem's like were screwed in America.

2. when I was asked for (KYC?) I sent a picture of my cock & that was not accepted
   I think that was the most KYC that you can get 😀

   KYC is fake & it's dangerous because they can sell that data & picture to a serial killer
   that travels the world or a rich person that just wants to stay anonymous & go to strip clubs
   or buy drugs in another country & don't want to use his real identity.

   or a leader of another nation will use your identity for personal use the world is not what it (SEEMS) 😉
   & also (KYC)? is so you get (TAX) by the (GOVERNMENT) they report that you bought crypto if the exchange feels
   like reporting it. the government is the one requesting for (KYC) to the exchanges just like the (STOCK MARKET)

   the (KYC)? is for (TAX) or for a millionaire to use your identity for private use for illegal activity & don't want to be known
   about it 😉

3. Google/Facebook gather my information, sell it to advertisers, but I refuse to buy anything.

4. sending info over the web is just a copy of a copy..that is way we deal with BTC because this does not happen on the block chain….

5. I got a new phone because my last one got wet and stopped working and when I tried to change my number to the new number So they told me I had to send all my private info with picture and drivers licence and more so I did and quess what ? They still have not changed it…WTF

6. I think Poloniex get's away with no KYC because it's only for withdrawals of -10K a day. Anything more and you need to do KYC. Also helps that they are not allowing US customers to use the exchange.

7. Awesome research! In the UK when I withdraw my BAT from Brave they use Uphold and I have to go through KYC Arrgh!! For me the solution is adoption – once we have our crypto and actually use it for the purpose it was intended – to buy an sell directly – we can say goodbye to the centralised mafia!

8. Even Brave is doing it to me, through 'Uphold' and they have terrible Service. These exchanges have had all my info for years. They keep wanting me to take "fresh" selfies. I have been 'locked out' for weeks and almost a Year on some of them. They 'act' like they're too dumb to do it. No chain of custody of events- they are just as bad as Coinbase! I don't know if its because I am Blacklisted. I dunno…. "Don't get Grand Mal Epilepsy" – because you will not be able to take 'selfies' all the time… Very difficult to "buy" or "sell" ANYTHING. I feel like I'm in a Nightmare futuristic mess. They are taking advantage. "Doctors Orders'' – I am not supposed to use my phone because it causes attacks- so I gave them my landline number – BIG mistake! apparently they sold my number to everyone (and their Doggy) – but these exchanges don't care – they just steal my coins… Hitbtc, Huobi, Coinbase are the WORST

9. KYC is just to stop money laundering. It's so the exchanges cover their own asses. You should only be worried if you're trying to avoid taxes and governments request your info or sue to get it.

10. KYC is the biggest scam ! My coins are locked on many exchanges because i WILL NOT KEEP GIVING THEM "FRESH" SELFIES.

11. Not your keys, not your crypto. No to KYC, yes to more KFC.

12. ??

13. Well said. People need to know that this is an important issue. It's worrying to see how people are conditioned into accepting invasions of privacy.

14. Lookup and Follow the Google,Facebook, Neuralink (silicon valley) LAWSUIT…

15. Hugging you
    Thanks honey

16. Thanks Heidi. Great info as always

17. I like what you say, even just from the title. KYC defies the purpose for crypto

18. you didn't answer your own question during the video… should have just been "why you should be careful with whom you KYC"

19. Surely you must have heard of Blocknet? BlockDX allows exchanging through atomic swaps, straight from your privately owned wallets.

20. Kyc ex will eventually go out of style

21. Tricksy exchanges, trying to take my precious information!

22. I think you're right! <3

23. Well Brave browser is also not free from KYC, brave token rewards work through Uphold and they asked me for KYC last time I checked! Or am I wrong??

24. Damn. I did KYC two years ago during the hype for coinbase. Theres nothing i can do to undo kyc right?

25. Electroneum is a scam then….

26. i really love your topic.. couldnt agree more

27. Do you use a DEX ?

28. Kraken is one of the better exchanges IMO.

29. Hi good to see you back

30. It also causes identity theft.

31. I did watch the previous previous previous video where centralized and de-centralized exchanges were spoken of. I would like to comment here, what makes it safer to use a de-centralized exchange, surely that exchange can just disappear or some other issue and you could never get your funds ? Where as for now, while many banks are still trusted…. u have regularities and or tax like IRS or SARS or UK FSA still around to protect you ?

32. KYC has been born in the gap where free supra-authentic consciousness has been excluded. The continuing cycle of worsening transmission controls will only lead to an unfolding of a re-energized privacy nexus. Look within and experience a quantum shift devoid of oversight, leading to better coin interfaces. Seekers of coins on a privacy matrix can join the battle against the endeepening osmosis of authoritarian presence within the cryptocurrency sphere.

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