Increasingly, I'm seeing crypto as the best thing long-term. No one's going to deny me service based on who I am and where I live (or could be living,) let alone giving that info over to third parties unnecessarily. No false positives leading to rejection either based on that information which shouldn't even be asked for. Identity should be a choice, not a requirement or a coercion. Like this, even bitcoin enables a high degree of anonymity.
What's with this whole "Billing Address" bull^^^^? No one needs to know that when I buy something with cash at a supermarket or use a credit card at a gas station.
If someone wants to know exactly who I am and where I am (or could be) then there should be a card for that which will co-exist with the crypto. Does PayPal provide names of buyers to sellers? Also, a buyer's protection thing could exist as some type of adjunct escrow service for sellers to use.
Good read here: https://www.benzinga.com/crypto/cryptocurrency/26/07/6026974...
"He warned investors never to share their 24-word recovery phrase and said large holders should avoid keeping direct access to their full holdings at home."
That's the last thing that should be solved. Remove the temptation for crime.