KYC/AML all the things... What a disaster! The Target hack was an excellent example of why crypto without KYC is the more secure choice ALWAYS! I remember when someone got the PoS database for all the credit card transactions. Crypto fixes this with nothing more than a TxID for each purchase.
The other irony is Equifax or a similar type of company would probably be used for some national AML/KYC system putting every user's data at risk. In the meantime, the plebs think privacy and security are bad things.
You can bring the horse to water but you can't make it drink.
Absolutely right!
But we should at least try to work on adequate awareness about these things.
Bringing awareness is important. Many people don't even realize this stuff happens or it's implications. It's the only way to wake the sleeping. Good point for sure.