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Dan Romero
@dwr.eth
Why do people think proof of human is useful?
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ash
@ashrafstakala
It can be useful in financial systems to help prevent fraud.
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Dan Romero
@dwr.eth
What kind of fraud?
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ash
@ashrafstakala
Stolen identity fraud
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bleu.eth
@bleu.eth
It's proof of human the same as KYC? wouldn't the identity stealers be able to prove their humanship easily without being the true identity holders unless you zk it or smt idk
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bleu.eth
@bleu.eth
I guess it mostly helps against scammers trying to charge thousands of fake purchases with stolen cards through your merchant which usually ends bad for your score as it's all going to get reclaimed/refunded to the banks and you'll have to deal with that. isnt that what stripe radar and such are for btw?
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ash
@ashrafstakala
Yeah good point. Iβm referring more to KYC where proving your human is not enough. Itβs more βproof of you are who you claim to beβ
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