For example: A wire transfer may require receiver ID proof to show to Bank or processor banking partner, aren't your data protected with the bank or banking partner processor? If you think so then I think you didn't provided your identification information to the bank.
The policy made to simplify the service not to complicated discussion. Thanks for your opinions.
No, it is not protected!! I believe that my data in the bank is not protected. It is true that, as you say, no one can view it, but when necessary, this data is given to any government employee, so it cannot be said that it is protected.
The concept of protection differs between centralized and decentralized services. Do not forget that you are in the Bitcoin forum, which believes in decentralization and privacy in the first place and gives it the utmost importance, so you see that most of the questions revolve around these points.
The policy made to simplify the service not to complicated discussion. Thanks for your opinions.
Yes, the policy made to simplify the understanding of the service, but you should not be disturbed by the discussion. Agreeing to the terms of service without reading and discussing them is what leads to the emergence of problems and disputes later.
However, if you are bothered by the discussion, you can simply lock the thread.