Facebook already know my friends,my school details and more than my family about me. The giving the documents can be a hassle for the average investor.
That is right as long as you already use their plat for they already know all the information that they need, so why bother with KYC if they can just connect Libra to FB. As such this worries my as FB had a record of information hack and having much to much information about you if very dangerous because it can be used against you or in a shady marketing scheme. So having them manage your digital wallet can be alarming because of such records. If you are wondering what kind of information hack I am talking about just search the Cambridge Analytica data scandal.