I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.
Have you seen so many hacking incidents on the past? They could get all your data if they want to and especially if the exhanges have data stored in their server which makes your real life data in danger. Those hackers usually using your data for crimes, which is why your data is valuable even the little one such as your date of birth.
Some doesnt mind because they would be having on mind that.What they have done? They arent doing something illegal so theres nothing to be afraid off that kind of mindset thats why some people doesnt really bother
on complying out those KYC and exposing their identity as long they could really proceed on things that they've been doing and majority is really that itching when they do hear off such word.
We do put up important with our identities thats why we do much prefer on having that privacy and this is where crypto do really sets in.