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Stared at on-chain data for a while, honestly. To be frank, the tug-of-war between privacy and compliance these days feels like patching—small fixes can solve immediate problems, but the underlying logic should have been adjusted long ago.
What exactly should ordinary users expect? My own expectations are pretty simple: don’t turn my transaction habits into a public display case, and don’t make the entire chain into a glasshouse just for the sake of compliance. The NFT royalty drama was an example—creators want what they’re owed, the secondary market says liquidity matters most, and in the end, nobody really got a good outcome. On-chain transparency is a good thing, but if transparency goes so far that even the little pictures you buy get pulled apart and scrutinized, then it starts to feel wrong.
Anyway, I don’t expect complete privacy—that’s not very realistic on-chain; but I also don’t want to have to expose everything every time I interact. The best situation would be: let users choose. Public if you want it public, private if you want it private—no one-size-fits-all. That’s it for now. Back to watching the charts.