Data privacy is one of the defining issues of the modern internet. People have so much information about their personal lives online that is being exploited. Blockchain can allow users to independently store personal data and fully control how it is transferred provided that using DEXes...
Sure DEXes are the only exchanges that are going to allow you to trade on their platforms any amount you want to trade without any KYC, but as long as it is a centralized exchange that you want to make use of, then you’re going to be submitting your information to them for verification. And I wouldn’t blame them, they are working with regulators and they have to do what they are ordered to do, whether they like it or not. Only decentralized exchanges are free to do as it pleases them, they will allow their users to trade whatever they want without restrictions as a result of KYC.