Lately, while working on new blockchain tasks, I’ve been getting more and more anxious: on-chain "privacy" is really just hiding you among a bunch of addresses, not disconnecting you from reality. The compliance line is also quite mysterious; ordinary people shouldn’t expect too much: the records that need to be kept still have to be kept, especially for the few times you move in and out of fiat currency and CEXs, which basically complete your story. Anyway, my current approach is very simple: separate new addresses, don’t be lazy with bookkeeping, sign as little as possible—better to sign less than turn yourself into a tax nightmare. My friends are still arguing about NFT royalties, saying creators need to survive, but transactions are also reluctant to be too illiquid… After hearing that, I just want to say, the more they argue, the more it shows that “free markets” and “rules” will eventually meet; for small players like us, it’s best to clarify the boundaries first before rushing in.