Recently, I've seen a bunch of memes and celebrities stirring the pot again. Every time attention shifts, someone rushes in to be the "last baton"... Frankly, don’t hold too much hope for on-chain privacy. Every step you take on the chain is assumed to be traceable: addresses are like glass shards, the more data availability, the clearer the picture, and what you can hide is more about "identity" than "behavior."

Compliance boundaries are also quite realistic: the tools themselves aren’t necessarily guilty, but if you expect completely untraceable transactions and want to freely access fiat channels at any time, you're basically just comforting yourself. My expectation is—privacy is about reducing the chance of being casually watched, not a get-out-of-jail-free card; if you really hit a big risk control, they’ll still ask questions. Anyway, I’m now more concerned with: minimizing authorization permissions, not putting all assets into one address, exposing the least possible information, and not revealing all your cards in a wave of hype. That’s all for now.