Lately I've been talking about on-chain privacy and compliance boundaries again. To be honest, my expectations for "privacy" right now are pretty low: on-chain is basically like a public ledger, and what you can do more is just not to bind yourself too tightly to an address, and not leave traces everywhere. Want to be completely invisible? I don’t really count on it; hoping for that just makes me anxious.

When incidents like cross-chain bridge hacks happen, people start repeating "wait for confirmation" over and over until the end of time, which is actually quite realistic: system uncertainty is increasing, and ordinary people shouldn’t treat themselves as risk control teams. The same goes for compliance—what you can do is diversify your funds, don’t over-leverage, avoid messing with complicated tricks you don’t understand, keep good records of deposits and withdrawals, and being able to sleep peacefully is the most important.

Lowering my expectations has actually made me feel more relaxed: if I can get a bit more privacy, that’s a win; if not, don’t force it. Slow cooking is slow cooking, let’s just leave it at that for now.