Gotta get that KYC!

28 points

Sucks. Fuck KYC now and forever

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5 points

KYC?

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21 points

Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.

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5 points

Got it, thanks

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8 points

Kentucky Yeeted Chicken

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4 points

Know Your Customer.

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-4 points

What a dumb take.

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3 points
*

Any reason why you think so?

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-1 points
*

I work in AML and KYC is a key part of that process.

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16 points

I guess they don’t want anonymous reasons for security reasons. Which is somehng I can understand

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10 points

While not the best thjbg for customers, it helps them reduce fraud and keep the service acceptable.

Since vultr network has a hood reputation, they could be abused to send spam. Having crypto payment only would not prevent them to detect repeat abusers. With a verified payment method they can ID who me they are providing service for.

In an absence of such limitation, abusers can simply create a new email and wallet then get back to abusing.

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7 points

Cash is king

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13 points

Isn’t it a privilege being able to pay with Buttcoin at all?

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14 points

Bitcoin sucks, and Monero is useless it you have to set up Paypal.

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1 point

How is monero useless?

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6 points

“Monero is useless if you have to set up PayPal.”

Meaning they already know your identity because of PayPal(or other required kyc), so using xmr doesnt have any benefit at that point.

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-10 points

Hahaha, you said “buttcoin” . You’re so funny!

Not.

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5 points

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