Pseudonymity means acting under a persistent identity that isn't tied to your legal name. It is not "having something to hide" — it is the same principle as writing under a pen name.
On Specter, you never have to identify yourself: there is no KYC file, so there is no identity to hand over, freeze, or leak. Transactions settle on a public blockchain — transparent by design, tied to no name.
Pseudonymous ≠ untraceable
Public chains are auditable by anyone. What pseudonymity removes is the mandatory link between activity and a government-ID dossier held by a company that can be breached, subpoenaed, or socially pressured.