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In the cryptocurrency community, there is a strange logic: as long as you don't publicly share your wallet address or display your balance, someone will say you're hiding something. This "privacy = hiding something" mindset happens to invert a very basic fact.
Frankly, it's perfectly normal for ordinary people not to want to disclose how much money they have. Would you share your bank card balance with friends? No. So why, when entering the blockchain world, must you open up your asset information completely? Not wanting to borrow money from acquaintances, not wanting to become a target for scammers, not wanting others to constantly monitor your assets and trading pace—these thoughts are entirely reasonable.
Public transparent blockchains have their issues. Once your address is identified, your entire financial life is laid bare. Not only can others see how much you have, but they can also infer which platforms you're active on, how you make money, and when you might be anxious to add to your positions. Once this data leaks, it could lead to targeted scams, social engineering attacks, or even human flesh searches. Many people think, "I don't have much funds, so no one will target me," but the opposite is true—the attackers especially favor ordinary users with weak security awareness.
What truly deserves attention are projects that treat privacy as a way to "protect ordinary people" rather than "evade scrutiny." They explore a new balance: maintaining confidentiality during daily transactions to avoid unwanted attention, while being able to prove compliance or conduct risk assessments through selective data disclosure when necessary. This design approach aligns with the logic of mature financial markets.
Ultimately, privacy is not a sign of guilt but the foundation of security. If blockchain can turn this sense of security into an infrastructure, making on-chain life as natural as real life, then its application prospects will truly open up.