Yes, and it seems the market has valued absolute privacy about 0.2% of what it has valued absolute scarcity and auditability.

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And when you need privacy, your transaction won’t be in Bitcoin, it’ll be in monero 🫶🏽

Yes and all that value is specifically on white markets that require permission to transact - defeating the whole point of Bitcoin 🤪

https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle