These days, the more I look at on-chain privacy, the more I feel: ordinary people should not expect "absolute anonymity," nor should they be scared into thinking they can be "monitored at any time." To put it simply, your on-chain activities will leave traces, and platforms/entry points need to comply with regulations. The only thing you can hide from are casual onlookers, not searchlights.

My own expectations are quite low now: avoid dealing with unknown sources, don’t randomly transfer funds just for convenience, and if you want privacy, think of it as "reducing visibility," not becoming invincible. Also, the NFT royalty controversy has been quite intense—creators want to get paid, secondary markets want liquidity. I find it exhausting… In the end, it’s likely that rules and reality will pull us back.

Positions are the same; as soon as the sun shines on them, they want to run. Tired but still holding, for now, that’s how it is.