Quote:
Originally Posted by pornmasta
and more i submit private informations on the net and more i'm protected... seriously... ? 
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As i said in payoneer thread,it protects issuer primarily against fraud(this is why KYC policy was invented in a first place). But it does help indirectly users as well,as if issuer takes a good measures against potential fraud,then it keep issuer still in business.If fraud is too big,it poses a danger for issuer to bankrupt,and cause a problem for legitimate users.