More and more convinced the only way you ever get blockchain transaction privacy is at the L1 level: anything which has a targetable entity or is opt-in is unlikely to ever be viable.

lack of privacy is imho one of crypto’s fundamental blockers to mass adoption. ethereum is basically a dark forest, and we shouldn’t be putting our daily activity on blast to the whole world

and yet, there’s a catch 22: if Ethereum enshrines privacy before it gains mass adoption, governments will likely try to quash it while it is still young and malleable.