Comment by egorfine

3 days ago

> Will we exclude a few million people because it’s too expensive to verify that they are over 18?

Yes. We absolutely will. KYC services is something that no one wants and everyone hates, thus there is no motivation to make it better. And if any, "better" might mean more invasive, because that means more data to mine and sell.

So, sure, excluding millions of people from KYC because it's cheaper to reject them than it is to study their documents - is the right decision business wise.

I am speaking as a person in the very same position.