There's obvious other drawbacks to this but it technically preserves privacy while still allowing revocation. The problem then occurs that once the system is in place it's easy to change. A recent and obvious example is that for years in the US undocumented immigrants paid taxes under the understanding that the tax department would not furnish that information to the arm of the government detailed with immigration enforcement, this policy recently changed with no equivalent law change and there is no recourse for those most disadvantaged by that change. Unrelated to the point at hand; going forward undocumented people are now encouraged to not pay taxes and that lawlessness is also encouraged in businesses that want to take advantage of that labour.