Just as we have many misconceptions about so much verification process that we feel may compromise our financial privacy I think it's cool we see some of the benefits of having to verify so we can balance our understanding and know how and why it's important we do these verification while we're careful too when doing it.
I think you don't get the point about the actual reason why most people in the cryptocurrency space never like the idea of KYC verification and it's we never understand the advantages but people are concerned about the disadvantages.
If the government cannot do something about the Big Brother tech company that's abusing the people's private information and also making billions every year through it there's no guarantee they will with ID verification information collected.
Until the government introduces a decentralized blockchain for private data storage people will never trust their private information with them.
