How important is it for BTC to be non KYC?

[Publictalk792]

Nothing really, apart from the fact that most people who purchase bitcoin, do it on some centralized exchange and almost all of them require KYC. So unlike the bad title OP chose, the centralized service has KYC not bitcoin.

The importance of it comes down to how much the user believes in financial sovereignty. For most people, it is all about making some profit in which case KYC is not as big deal (which is why CEX is still popular!) but for anybody who seeks financial sovereignty, any form of surveillance (that includes KYC) is in complete contradiction.

You are absolutely right that centralized exchanges that ask for personal information but Bitcoin itself does not do that.
If anyone mainly trying to make profit then giving information for KYC usually is not big deal which is why these websites are still so popular. But if any truly want to be completely independent with their money and not have anyone watching what they do then any kind of tracking goes against that idea. It shows basic conflict in world of cryptocurrencies it is trade off between making it easy for people to get crypto through CEXs and original idea of Bitcoin being private and not controlled by anyone.

[btcnbegun]

I won't KYC until I'm ready to sell something.  At that point I'll tell the government that I own bitcoin.

KYC coins are used for spending. Someone may take pay in Bitcoin which requires a legitimate deposit account. Anybody can do this through Coinbase or similar exchanges which is not recommended. Either spend the coins using the exchanges debit card or transfer them to hot wallet. Buy non-KYC and transfer to cold wallet for longer term storage.

[Bitcoin_people]

Like someone DCA'ing every 2 weeks however holding off on putting in larger sums until they have mastered non KYC?

Every person avoids KYC systems to protect their privacy, not everyone likes the Kyc system. For example, not every country approves Bitcoin, so if there is a KYC system, the government can easily identify it. So Bitcoin is currently outside of KYC so that everyone can protect their privacy and no one can identify them. Since Bitcoin is outside of KYC, governments in many countries of the world transact financially through Bitcoin so that no one can identify its depth.

[highalch]

Do you still truly own the funds if third parties (bank, government, exchange) can freeze offramp transactions based on how much they dislike you?

I would love to get to the point where owning and spending non-kyc coins would not make me act like a criminal.

[PODILAS]

Then the whole essence of BTC is jeopardized.