KYC (Know Your Customer) is a process used by financial institutions, banks, payment companies, and other financial services to verify the identity of their customers. This process typically involves collecting documents such as identification cards, proof of address, and personal information to ensure transactions are legitimate and that customers are not involved in fraudulent or criminal activities.

1. Privacy protection: KYC requires sharing sensitive personal information. Sharing such data may expose you to identity theft or misuse by malicious organizations.
2. Security risks: Some companies that require KYC may not always guarantee the security of your data. There's a risk that your information could be hacked or used for unauthorized purposes.
3. Discrimination et surveillance: Discrimination and surveillance: KYC can lead to discrimination or bias in access to financial services, and some individuals may be unfairly monitored or excluded due to their profiles.
4. Difficulty accessing services: Some users might have trouble providing the required documents, which could prevent them from accessing financial services or participating in legal activities.

You can find a list of sites and services that do not require KYC at kycnot.me.