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by judge2020
1480 days ago
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My particular gripe with BAT is noted here[0] and AFAIK nothing has changed; you still have to use their KYC-compliant platform to ever exchange BAT for real-world money, as they'd much rather you re-donate the BAT to websites via brave's reward system instead of ever exchanging for USD. Other problems that they'd had: - were inserting referral tokens into the URL when visiting popular websites, so presumably brave was getting a lot of referral credit[1]. In particular it seems to be bad-faith to inject referral codes since Brave really isn't driving traffic to these sites, unless when you type "crypto" it autocompletes "binance.us". - They've since stopped doing this, but previously tipping BAT to a website or creator meant users would lose that BAT with it basically being held in escrow until the website/creator did their own KYC and redeemed the tokens.[2] 0: https://news.ycombinator.com/item?id=27549826 1: https://www.androidpolice.com/2020/06/07/brave-browser-caugh... 2: https://davidgerard.co.uk/blockchain/2019/01/13/brave-web-br... |
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Edit: better wording