Vultr doesn't let you pay with crypto until you've already set up payment using a credit card or PayPal
Gotta get that KYC!
17 comments
Sucks. Fuck KYC now and forever
What a dumb take.
Any reason why you think so?
KYC?
Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.
Kentucky Yeeted Chicken
Know Your Customer.
Isn't it a privilege being able to pay with Buttcoin at all?
Bitcoin sucks, and Monero is useless it you have to set up Paypal.
Hahaha, you said "buttcoin" . You're so funny!
Not.
I guess they don't want anonymous reasons for security reasons. Which is somehng I can understand
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.
Sucks. Fuck KYC now and forever
What a dumb take.
Any reason why you think so?
KYC?
Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.
Kentucky Yeeted Chicken
Know Your Customer.