Anyone did the kyc? Can you explain what steps are required.
Also, fuck the Breitmans and fuck the stupid foundation for keeping us in the dark. I can understand how those idiots with shitlink feel. I'm dumping these bags for eth and some other crap. Stupid cunts.
You need to mail in a copy of your ID and a hair sample. Pretty easy stuff.
Jace Hernandez
they require proof you're potty trained, pajeet. don't bother wasting your time.
Xavier Hill
I probably own more tez than you, pajeet.
Evan Wilson
I seemed to have lucked out & don't need to verify anything. Apparently, FinCEN was able to get my fingerprints & DNA from the FBI when I applied for a job a couple years ago. Must be my lucky day!
History will remember tezos' genesis block KYC/AML roadblock as the beginning of the end of blockchain technologies. The reason the big banks are interested in the blockchain is because they want total transaction surveillance.
By operation, the blockchain must remain publicly available to ensure its integrity. Integrity, availability, and confidentiality are the three pillars of information security. The blockchain is provably secure because it uses cryptography to limit the creation of new transactions and to verify the integrity of past transactions. This, in particular, is what makes blockchain tech truly transformational.
However, the integrity/availability/confidentiality balance is also the blockchain's Achilles heel: Smart contracts make it possible to require KYC/AML checks for every transaction. Since the blockchain has to be public to function, this means the entity performing the checks knows every transaction's participants. This also makes it possible for that entity to restrict access to transacting on the blockchain.
This is specifically why banks are so interested in blockchain tech: They realize that U.S. securities laws are favorable and enable them to retain complete control thanks to smart contracts.