Why do people avoid KYC?

In recent years, there has been a growing trend among cryptocurrency users to avoid Know Your Customer (KYC) procedures. But why is this the case? Could it be the concern over privacy infringement, where users fear their personal information may be misused or leaked? Or is it the inconvenience of having to go through rigorous identity verification steps, often resulting in delays and frustration? Perhaps it's the distrust of centralized institutions, who many believe may be prone to censorship and control? As a cryptocurrency enthusiast, I'm curious to understand the reasons behind this avoidance of KYC, and how it impacts the overall crypto landscape.