The wallet ID and public, immutable transaction logs still allows for entity resolution. There is, of course, a limit to the entity resolution that can be thus

The wallet ID and public, immutable transaction logs still allows for entity resolution. There is, of course, a limit to the entity resolution that can be thus performed... much like there is with Web2 advertisers. In fact, it is the same limit. That limit is the ability of the user to prevent the system from resolving their identity based on their activities within the system. I'd dare say that it's probably even easier to dodge ER today than it would be in some hypothetical mega-dystopia where literally any blockchain is the default currency paradigm.