Replying to Avatar Frogfren17 ⚡️🐸 bitcoin liberation

Anyone think the deepstate will use these to kill the KYC exchanges?

📣 ‘Generated’ fake IDs claimed to pass crypto exchange KYC are selling for $15

A new service claiming to use artificial intelligence “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges. 404 Media reported on Feb. 5 that it successfully bypassed the Know Your Customer (KYC) verification of crypto exchange OKX using a photo of a British passport the outlet generated with the site.

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SinedinZigan 1y ago

This is a sad further step to the digital ID. Now they can prepare the law asap. Not really sure if i should be thankful for this ID service.

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Frogfren17 ⚡️🐸 bitcoin liberation 1y ago

Oh yeah, i did not think about that.

You are correct

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Exodia38 1y ago

Not everything is bad.

This could also mean cancerous KYC exchanges won't be able to hoard the market share of fiat-bitcoin transactions, allowing non-kyc exchanges to thrive

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