Recently, I saw new L1/L2 projects start to boost TVL as soon as incentives kick in, and then a bunch of old users complain, "Mining, selling..." I’m not that angry about it; after all, this is just how the sheep wool season is. It’s just a good opportunity to lower my expectations for on-chain privacy: on-chain isn’t anonymous, it’s just "looks like there’s no name," but if you really want to comply and be investigated, linking addresses can be done in minutes.

So I set a rule for myself: I don’t treat privacy tools as a shield, try to leave as few traces as possible, but also avoid paths that are obviously under scrutiny; if I need to go through exchanges for deposits and withdrawals, I’ll do it honestly, and not fantasize about "washing" my assets clean. Frankly, what ordinary people want is not to be watched by passersby, but not to play hide-and-seek with regulators... I can change my avatar seasonally, so don’t get too attached to addresses either.