Recently, I’ve seen a bunch of people arguing about the boundary between privacy and compliance on the chain. To be frank, my current expectations for “privacy” are pretty low: on-chain is, by default, a public broadcast station. You’re just switching to a channel that’s harder to read—not disappearing. If we’re really talking compliance, many protocols ultimately end up as that awkward compromise of “you can stay anonymous, but don’t let me get pulled into it.”

Some people also complain about miner/validator income, MEV front-running, and unfair ordering—I’m annoyed too, but that’s the side effect of an open mempool. You think you’re practicing trading in a free market, but in reality, you’re practicing getting cut in line by people who move faster than you. Anyway, my mindset right now is: don’t always think about “beating” the market. First, practice not being impulsive or acting out of spite—if you can minimize exposure, do it, and leave yourself an exit. The “protect users” line in DAO proposals—just take it with a grain of salt and listen. That’s all for now.