I took one look a the KYC requirement and thought that's insane for social media. I'm signed up for the Beta but because I'm not in the USA I'm not in the first release.

There's no way I'm going on there with a real ID or trusting a KYC identity to a social media system. I'll begrudgingly do KYC for real financial institutions but not that.

It does make me wonder about the position Steem is in because it is built itself out before anyone can really think to hit the platform with a KYC requirement even though transferring Steem around is so darn easy.