Recently, I've seen posts comparing RWA and U.S. Treasury yields to on-chain "returns." To be honest, it's all just noise; when it comes to the blockchain, don't expect everything to be both private and fully compliant at the same time. I think there are only two main expectations for ordinary users: privacy can only be relative (don't treat your wallet as an anonymous mask), and compliance won't be black and white (some boundaries are just drawn by platforms or front-ends first). My current approach is more like practice: before jumping into a yield-generating product, I pause for ten seconds and ask myself, "If this goes wrong, can I explain clearly where the funds come from and where they go?" If I can't, I just skip it—I still want to sleep on weekends.

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