This doesn't really seem to be enough. The combination of home / work location and friends is likely enough to allow for the determination of identity, even if you use a fake name on the site.
It's easy to set privacy zones around home, work, or any other location. And you're not required to have any friends (followers). Activities can also be hidden from the public and made visible only to followers.
The author covered privacy zones and hidden activities. Neither are as secure as one would hope: privacy zones can be reverse-engineered fairly easily, and private activities can still be leaked.
Activities marked as "Private" Don't leak. But in "enhanced privacy" mode your activities can be seen via the segment leaderboards. In any declared privacy zone, you stay off those boards, irrespective of options, and (allegedly) heatmaps. So really, it's "slightly more advanced privacy"
You can also opt-out of segment leaderboards. With some work you can lock out your account so only your friends can see your routes, photos and stuff. Everything is well explained on Strava support webpage in section called "Privacy Settings".
