KYC is killing the privacy and freedom of using cryptocurrency.
Using cryptocurrency, people have control over their privacy instead the KYC is destroying that.
The people have no benefit to KYC rather Governments and companies that are enforcing the KYC.
I agree with you. KYC is not good , we cannot know if they are having a secured database we cannot know if there will be a time that they will be having a data breach. Also it kills the anonimity of bitcoin users which is one of the reason why there are so many bitcoin supporters.