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It takes no effort to keep your savings in a bank account. Literally no effort: no knowledge of the financial system, no specialized device ownership, no additional investment.

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It takes lots of effort to store money in a bank savings account: You need to send them info, and sign documents, and you need ID. I'm told lots of people can't get ID and don't know where the DMV is. That's why KYC is racist.

Are you assuming that people of only a specific race don't know where the DMV is? Now that's racist.

I don't assume, just going by what college graduates have said. https://www.youtube.com/watch?v=yW2LpFkVfYk

Personally I have no problems with voter ID laws (especially if they are implemented over time with an appropriate level of support). However, I don't fully understand where you stand on this crypto/KYC topic - it almost seems like you are half-trolling, half-serious. Buying crypto without KYC is becoming almost impossible, and hacky workarounds are not a scalable solution. So that's not an argument against or pro crypto.

so a person who is unable to find the DMV is expected to figure out how to set up and run their own wallet?

They would also have to avoid major exchanges for any operations, because Coinbase KYCs the crap out of you.

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