A hacked/leaked personal information is more harmful than getting robbed.
What could be so worse than getting robbed? But I understood what you are talking about. KYC is extremely dangerous, that is true. If the data is leaked and hackers know about it, no one knows who could be the victims of a phishing attack, even if someone is able to avoid those types of online attackers, how about physical attackers. You are not wrong.
People should know that KYC does not mean safety nor guarantee security, only the advantage is that if someone have access to its email and forgot his or her password, he can be able to easily reset its password and be able to have access to its account.
It seems you didn't get what it's about. If the data is leaked or the hacker is able to get the data then you don't know what they will do with the data. They could sell the data to criminals or they use it for criminal activities. If that happens then it is called identity theft. That's why it is worse than getting robbed since they only take your things, money and you won't face any criminal record for that. Don't know why you didn't think that there's a possibility that the leaked data will be used for criminal acts. That's what it's all about and what it's called that PX-Z explained why it's worse than getting robbed.
Well there are many things, but what you say is true, in fact, in many platforms that are not casinos, there is a lot of data leakage, the more data is hidden, that is already put into a system, whether you like it or not, it is Thus, it is so much that privacy and anonymity remained to be seen since the time that Snowde undressed the entire US government system, so this is something that they either want or do not want, even if the best of all protocols is used in the same way that data is already filtered, nothing more than a person from South America if he asks for an American visa, the Americans, they know what sites they frequent on the internet and they know all aspects of the person's life, not to mention the Chinese, and that system is using at least for something very good, which is to expose pedophiles, that way they have captured them, another thing is that they do not reveal one of the ways to do it, if so, what is left for the casinos?
Well, I have an opinion that I don't care if it's Chinese, or if it's from any other country, I can't deny that a casino that doesn't have KYC requirements catches my attention, but it's something very risky, usually they are casinos that don't they have certain licenses and their authenticity is really debatable and debatable due to the order of things. If we start to see, currently the most famous and most reliable casinos require KYC and this is undoubtedly a guarantee of being able to protect the security of our data and in turn our money because it falls within the framework of legality, and any claim or closure, because they respond for our money.
You are here in crypto space so don't blindly believe that having KYC'ed is equivalent to security of your balance and your personal data.
How can you explain those hacked casino, exchanges, or etc that require KYC? Did they protect you especially your privacy? No. They just tell you not to worry, and just apologize and they will work hard so it won't happen again, that's their line. Then later on you will receive lots os spam messages.
A hacked/leaked personal information is more harmful than getting robbed.
Even having KYC'ed doesn't mean make that you can withdraw your funds so easily. Look at those complaints in scam accusations, casino, exchanges that ask KYC then lately blocked the account.
Again, KYC can't guarantee you that they will protect you or help you when a hacked happens, or mostly when you are blocked in a casino.
KYC is just legality only, don't misunderstand KYC for anything.
Here the OP raises the issue of gambling platforms without KYC for Chinese citizens is rather related to the fact that gambling is prohibited by law in China and a player who has passed KYC primarily risks his freedom, so you have to prioritize one way or another: do you risk only money or risk your freedom, the choice is obvious, as it seems to me.
Yes, there is no other way, in fact it is, but here the Chinese citizens have some options, the Chinese government I have seen that they do a lot of tracking and have a great control, despite the fact that in China they have the largest number of world population, so I think that these things can complicate a certain control, because it is difficult to take into account 1 Chinese among many, that is like looking for a needle in a haystack, a Chinese citizen can play in a casino, suppose he uses VPN, and he is in a country close to China, if he is detected and he alleges that he was in that country, how is it done? and if the Chinese citizen traveled and played in a casino, then how does he do? Those are the things for which there is a vulnerability with Chinese controls and that a citizen can take advantage of in his favor.