Or maybe the government should not require companies to KYC you for every little stupid thing or action you do in this world. What happened to requiring only the information that's actually required? Why do I need to be KYCd in the systems when buying banana, ordering delivery, etc.

Because of the inevitable breaches and leaks - KYC is the illicit activity. The selling point of KYC was preventing fraud and money laundering. It doesn't actually do that. Search for "largest money laundering settlements" and you will find 5 banks and one crypto scam.

> Or maybe the government should not require companies to KYC you for every little stupid thing

Actually....

Say what you like about the French today, but one good thing they have is an electronic service[1] where you can generate single-use KYC ID:

    - That only discloses minimum information required
    - For a specific recipient organisation
    - For a specific duration
    - For a specific use-case by that organisation

[1]https://france-identite.gouv.fr/usages/le-justificatif-d-ide...

The overreach on access and then storage will be a meaningful issue we will have to reckon with more and more. Companies are acquired, companies die. What happens to your data in 5, 15, 50 years? It doesn’t just disappear.

From a few months back: https://mjeggleton.com/blog/your-data-never-dies

Might be cheaper & safer to buy an identity than use my own.