PayPal doesn't require KYC for anything I use it for. Thing is, I'm not KYCing with anybody. Whether that's a financial app, a CEX... Anybody. Just not gonna happen.
Discussion
PayPal connects to your bank account. Bank has your info.
This doesn’t make sense to me. If you participate in this society you are likely using a bank where you’ve been kyced and any service you use that interacts with your bank now knows who you are.
How is your bank any more secure from hacks than a well funded business? It’s all the same …
Also if you want to pay taxes and stay in legal realm, how can you complain about btc as a problem when fiat is so much worse?