I was trying to see if you are been sarcastic about your thread but I see that you are serious about everything you said and listed.

There is this thing about not doing KYC and it's not about the things you listed. KYC break privacy and without privacy, you have nothing to protect and it's everyone freedom to protect their privacy. There is nothing wrong if you want to keep your privacy from the public, how you do, what you do and when you do is none of anyone business but when you do this kyc, all is gone because you have exposed everything about yourself to a company that you know nothing about but knows everything about you.

Furthermore, doing KYC isn't the main problem, there are many reports of KYC information been sold because KYC is a very profitable business on the dark web where people can use your information, they buy your data and use it for another thing you know nothing about. How will you react when you see your pictures on the national television for wanted for a crime you know no about. That's one thing to fear about KYC.

KYC might be a way the company might be protecting itself from theaw enforcement and other people but the more you look at these companies, the disadvantages of KYC outgrow the advantages of KYC and that's why people should avoid it if they can.