Meh. I'm stacking sats any way I can right now. DGAF about KYC. I don't hold enough for "them" to care about how much I hold. (yet.) If you have a SSN and a bank account and a driver's loicense, you're already boned. Go get you some btc while it's cheap instead of regretting not having any in the future. KYC won't matter if your move it to cold storage and keep your dang mouth shut.
Like I said, it's not really the government that concerns me in this instance, it's the exchanges. I don't trust them with that kind of info and it's a huge pain to sort if there's a data breach.
Your info is already out there. Who cares?
Its not, though. I take great care to keep my info safe. I'm a ghost to people search sites. I didn't even slightly show up in the recent data breach with all the SSNs listed.
You are not a ghost to banks and the gubment. Good for keeping that info secure, but, your "security" us putting you at higher risk for the further. I don't find that to be sensible.
No, I know. I'm not referring to the government, I just don't have the time or money to worry about data breaches. Messing with government bureaucracy is a time-consuming nightmare and the last thing I need is to take a month working with the SS office or whatever if there's a data breach leading to identity theft.
You have no control over that anyway, really, so... My unsolicited advice is to just buy BTC and don't worry about it.
I do if I keep my info safe or, at the very least, strongly restrict what companies have access to it. It just isn't a worthwhile risk for me at this point in my life.
What makes your bank and your government more trust worthy than an exchange?