It's not KYC I mind as much as having to give them a residential address. I don't want that leaked across the internet. I hate giving out a residential address. The government can have it, I don't care so much about that, but private companies don't need to know where I sleep to know who I am.
What if some random sentence I say on the internet becomes the subject of a death threat? What if a startup I found becomes hated by a small group of armed individuals? I'm not a billionaire and don't have the $ for 24/7 security. I really don't anyone to be able to just look up where I sleep.
Social security number and some kind of ID number (license, passport) should really be more than enough for KYC purposes.
If something is going to be too difficult to work around, and it’s a total requirement, then I suppose I will be forced to go with the flow if it means that I will starve or have no bed to sleep in.
I mean, people apparently willingly upload pictures of their driver's license to facebook already.
But on the other hand, who would have though 10 years ago that VPN’s would catch on so much that they plague the YT advertising and often run on commercial TV and radio?!