The fallacy here is that the justification for enforced KYC is if there is a net benefit to it.
Plain and simple--it is coercion. It is forcing two parties acting privately with their own resources to change their actions, with threats of violence.
Idea: would it make sense to build a report on a bona fide FULL COST/BENEFIT ANALYSIS OF KYC? On the "benefits" side, all documented foiled criminal activity, plus estimated avoided criminal activity. On the "costs" side, the staff & infrastructure required for KYC, the estimated costs of criminal activity (e.g. identity theft) enabled by leaks/hacks of personal data, as well as estimated loss of privacy.
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
The fallacy here is that the justification for enforced KYC is if there is a net benefit to it.
Plain and simple--it is coercion. It is forcing two parties acting privately with their own resources to change their actions, with threats of violence.
There are plenty of coercive rules that parties acting privately with their own resources must follow, I don't think that will change any time soon. The report I am thinking of is something that could actually be taken into consideration by governments/lawmakers.