That is to say, consideration and respect goes both ways.
That's completely irrelevant. It's about the "rules do not apply to me because you can't catch me" attitude, same as with people who harass others online without remorse by using various anonymity tools. Removing this possibility would fix it the accountability problems to a great extent and make them behave more responsibly, in line with others.
What's the limit, skateboards with license plates? Why not subdermal RFID implants to catch people jaywalking? I mean, in the end a human body is just another vehicle for consciousness.
We have people that jump in front of your car without paying any attention to their safety, almost begging to be hit. Informally we call them "jaywalk terrorists". Their ignorance is a harsh punishment by itself, to them.
To be fair, only a minority of those illegal overtakes are actually dangerous, but the same is true of most traffic law violations by cyclists.
[0] Extremely short journeys, or journeys very late at night, might encounter no motor traffic in a position to break the law.
This is not about being guilty, it's about being accountable for your actions, just like you are everywhere else.
In Austria and Germany, people riding bicycles are considered the rudest on the streets. Everybody is anonymous to other participants until an accident happens, but only bicycles have no number plates, so they usually run every red light because they won't be held accountable unless the police see it and give chase. I don't think it's fair, though some people clearly consider this an important part of their personal freedom, at the expense of everyone else.