PRIVACY'S REAL PRODUCT-MARKET FIT LIES IN SERIOUS FINANCE

Summary from the TLDR Crypto newsletter

While privacy hasn't found strong adoption in early “degen” crypto use cases, it is essential for mainstream financial activity where public transactions would be unacceptable (e.g., credit cards). The open question is whether privacy will be enforced via custodians, as in TradFi, or achieved through compliant onchain solutions.