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Privacy is normal.
Your bank transfers, credit card payments, and other fiscal transactions are private between you and the recipient. Unless someone has your bank information, they aren't able to see any of the records of those transactions.
On a blockchain all transactions and details are public. While wallet addresses provide pseudonymity, there is no true anonymity. If someone knows your wallet address, they can see every transaction that you've ever made and who you have interacted with, as well as your balance.
We believe in an inherent right to privacy, especially about financial transactions. Currently, there are a few ways to achieve privacy on chain: