The legal requirement to provide personal data of clients, for example, to crypto casinos, creates the following problems:
For the casino this is the need to comply with security requirements against leakage of personal data, maintaining the secrecy of this database, redundant staff of highly paid specialists, lawsuits after hacking the database or selling personal information by a corrupt employee casino.
For clients, this is the fear of providing copies of documents, time spent on KYC, possible troubles after a data breach, and even possible blackmail and extortion from criminals.
This is where the global question arises - why do people need all these stupid difficulties?
There is no sense in these problems. And there is only one harm.
And government claims that all this is necessary. But this is falsification.
I see all of this as requirements for governments to have absolute control over everything, so in this order of things things can go well when the rights of each person are respected, but for now the most biased right is privacy and anonymity, now every casino, every exchange and everything that is for the benefit of a person requires Documentation and that is what favors Governments, a government that has its people involved in cryptos will find it easier to collect taxes from them, and thus be able to get some money for everyone, that is a fact , if these types of things Cannot go well for them, the only ones harmed by all this will always be us, never a Government.
Well, actually, all these areas of development of digital technologies, instead of improving people’s lives, on the contrary, create unnecessary difficulties and generally have an unpleasant effect on the quality of life of millions of citizens of different countries.
And here a natural question arises: is the entire process of development of civilization as a whole moving in the right direction? And the answer suggests itself. Anything that worsens the quality of life of millions of citizens is the wrong direction of development.
But I really can’t imagine what to do to somehow correct the situation.