Recently, I saw news about some regions increasing taxes and tightening compliance standards, and the group immediately started discussing "whether it’s still possible to deposit and withdraw funds." To be honest, my expectations for on-chain privacy are quite simple: at most, it changes your behavior from "easily seen through at a glance" to "requiring more effort to connect," don’t expect it to be an invisibility cloak. Compliance isn’t a one-size-fits-all; often, the most sensitive part is the entry point. How you transfer on-chain, and ultimately when converting to fiat currency, you still have to face reality.

What I fear most isn’t losing money, but that one day the rules suddenly change, and I still operate out of old habits, ending up stuck halfway. Anyway, I now have only two rules: don’t tie all assets and identities to the same line, keep clear records where possible (for future explanations), and don’t leave traces where you shouldn’t. The same goes for DAO—no matter how fancy the governance incentives are, in the end, it’s about who can survive steadily within the new boundaries. That’s all for now, let’s see how it goes.