Interestingly the caller isn't calling for a total stop to KYC but just a reduction to the level of data information these centralize platforms requests from their customers. If they're are really concerned by the dangers the KYC is causing them the right call should have being for total abolishment. The government through these platforms creates a social mental construct that makes it logical for them to invade people's privacy while they're not putting in the every effort to ensure those information are confidentially safe from leak of cyber breach.
If people's privacy can't be protected then there's no use demanding for it as part of operational policy when technically no one gets prosecuted when damage these information are exposed and damage is done.
Abolishing KYC completely would make them unable to trace ownership of asset and they won't be able to enforce AML.
Even though we want complete privacy and no KYC services but government simply don't want that for tax collection purposes as well.
Even the Crypto mom draw the line where privacy stopped being priority.
But at the very least by having minimal data collection or replacing it completely with zk proof, we have less to worry about.
Maybe eventually in the future when things are advanced enough, we can abolish KYC completely, but it's definitely one step at a time.
