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I just turned on the “Automatic Reporting / Risk Alert” switch in my wallet… To put it plainly, don’t hold too many fantasies about on-chain privacy as a normal person: you think you’re anonymous, but once your addresses get strung together and you make a few transfers and have a few interactions, it’s pretty much like walking down the street wearing a fluorescent vest. Compliance isn’t strictly black and white either—more often, platforms and project teams try to protect themselves first, and in the end the cost still comes out of users’ pockets: either you have to go through one more verification step, or withdrawals get throttled/delayed/stuck. Either way, Gas + time have to be factored into the total.
Some people also use “privacy” as a shield to go all-in on chain games of that sort—where the inflation is cranked up and the studio bots flood the market. When it all breaks, the coin price spirals downward. Don’t blame the chain for not protecting you—blame your own impulse to tinker. My expectations are very low: don’t touch tools of unknown origin. If you can use a cheaper chain, don’t go hard against the mainnet. If you can do things in batches, don’t click everything by hand. Leave fewer traces, but don’t expect them to disappear. That’s how it is for now.