I now basically stop explaining "on-chain privacy" and "compliance," accepting it as a tug-of-war rope: you think you're anonymous, but in reality it's more like "visible but lazy to check," and if someone really wants to check, they can do so. I don't think ordinary users should have movie-level invisibility expectations; at most, it reduces the chance of being spotted by passersby. Once you deal with fiat gateways and centralized platforms, the boundaries suddenly become very clear, even a bit rough.

Recently, the narrative around modularity and the DAO layer has become popular again, and developers are excited, while users are confused: basically, you're still using the same wallet, the same set of addresses, the same behavioral traces. Changing the underlying puzzle pieces won't automatically give you a "privacy buff." My own approach is very simple: expose as little as possible, don't put all your money into one address, don't sign impulsively when emotional, and if you want to be compliant, don't pretend to be asleep... Anyway, don't expect to get full benefits on both sides.