Recently, we've been discussing the boundaries of on-chain privacy and compliance. My own expectations are actually quite simple: don't expect "complete anonymity," and don't be scared into thinking "once you're on the chain, you're naked." Frankly, the blockchain is more like a public ledger; what you can do is reduce the likelihood of correlation, leave fewer pieces of information that can be pieced together, but if someone really wants to scrutinize you, your ordinary "privacy tools" aren't much of a shield.

As for compliance, I prefer to treat it as an environment variable: rules will change, platforms will tighten, don't take "they can't find me" as a strategy. Recently, retail investors complaining about miners/validators extracting MEV and unfair ordering, I only realized it a bit late... I used to think it was just tech geeks arguing. Now I see, privacy and fairness are actually linked: the more transparent you are, the easier it is to be cherry-picked or front-run; but the more you try to hide, the easier it is to cross the red line. Anyway, my current approach is to authorize less, sign fewer strange messages, and not write too many personal tags on the chain. As for the rest... the tuition fees you need to pay might still have to be paid.