Good point. KYC is important to avoid illegal transaction/to stop money laundering cases. Without KYC it's impossible to control bad play.
I don't mind doing KYC for good projects. Its worth spending time and giving our details and it should be legit and gainful in the end.
I couldn't agree more on this but then again project keep falling which kind of not favorable to big guys anymore and that's people are backing off from crypto and kYC as a whole