I think this is getting aside of the topic of what privacy really is for most people. IRC by default does not encourage endless selfies or oversharing that the modern social networks promote.

I've never seen an ircd cloak instruction page misrepresent what they can and cannot do. While protecting IP addresses is important (which the GDPR also believes in), I think it's also important to not lose perspective of the bigger dangers out there right now such as default user behaviour and conditioning. For example, IRC has never led to huge numbers of people publicly humiliating themselves by bitching about their employers, etc.