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My current expectations for on-chain privacy are quite simple: don’t think of it as a “cloak of invisibility,” more like wearing a mask on a public ledger. Not writing a name on an address doesn’t mean no one can track it; if you really want to comply and be investigated, transaction exchanges, deposit and withdrawal records, commonly used devices, and chain analysis can still piece it all together. In other words, it’s about “raising the cost,” not “disappearing.”
This is even more obvious during the airdrop season, where task platforms fight off anti-witchcraft measures and use point systems that feel like clocking in for work. The more competitive it gets, the more people want multiple accounts or to take a “privacy route.” But I’m actually more restrained now: I’d rather earn a little less than turn myself into a suspicious behavioral profile. Regarding compliance boundaries… ordinary people shouldn’t expect to occupy both sides; I prefer to choose safety and innocence. Anyway, I’ve recorded all impulsive trades, and it’s all on-chain too. If you can’t hide from it, don’t bother trying.