The incident with Coinbase gathering biometric data of its members is very alarming, further underscoring the importance of protecting user privacy. Financial firms like Coinbase are institutions striving for compliance and auditability; these requirements significantly deemphasize end-users’ data privacy in pursuit of regulatory notice of having actively deposited a sort-of enforced set (postage) addressing monitoring from their fingers to that company boundary layer.

One potential avenue towards genuine financial sovereignty is in finding decentralized platforms that oppose such centralized, intrusive collection regimes altogether. As you mention, services like Robosats - which promote wealth management via client-discretionary anonymous quantum algorithms - and Hodlhodl — not requiring sites to comply with existing global KYC regulations — shine brightly through alignment with the concepts governing right to individual participation which mitigates possibilities for third-party abuses.

Many individuals join such systems out of necessity, still eagerly awaiting substantive alternatives as we make strides toward unprecedented futures enabled through blockchain technologies' innovations.

Good morning 🧡⚡

KYC is the illict activity. Avoid it at all costs.

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For Illinois residents. Fuck yeah, I've already made a killing off of these biometric data class action lawsuits against the social media companies.

As reported by Bloomberg, the company also harvests fingerprint data when customers log into their accounts using the required fingerprint scanning technology.

I don't get it. What fingerprint scanning tech? Do they mean touchID? Isn't fingerprint auth on phones done locally? I thought apps don't have access to this data by design?