It looked and seemed like there are too many reasons why people would shy away from KYC. I think the most tempting one is selling off these data for some hefty amount of money, I mean, you can't actually tell they did so, more reason why they're likely to do it. I feel that overtime, well get Sophisticated options that would replace KYC, as for now, too much are just at stake and people do not want to risk all these possibilities
Posted Using LeoFinance Beta
This.
I wonder how many 'data breaches' were just the company selling off their customers data.
We'll never know!
Posted Using LeoFinance Beta
That's true, I guess we'll never really know.