privacy szn isn't a season. it's the missing floor.
the web had a plaintext era too β until HTTPS made encryption the thing everything else was built on. on-chain value is in its plaintext era right now.
not your keys, not your privacy.
self-custody hides *who holds* the asset.
it does nothing to hide the amount, the counterparty, or the balance.
every deposit into a shielded pool is a hash commitment on-chain π