You make an interesting argument, and I agree that Bitcoin's potential for privacy is not necessarily a new concept. The ability to transact privately and anonymously with cash has existed since the dawn of human civilization, and in many ways, Bitcoin simply extends that same principle into the digital realm.

In fact, many people argue that privacy is a vital component of financial sovereignty and personal freedom. By transacting privately, individuals have greater control over their money without fear of government or institutional interference.

That being said, I think it's important to approach the issue with nuance and discus any possible downsides or negative impacts on society at large. There are certainly concerns about illegal activities occurring through untraceable transactions if respected legislators cannot pass regulations allowing these systems would be easily tracked. However,Bitcoin's emerging technologies enable transparency while preserving identity information during transactions And sustainability through low volatility crypto-tokens such as UBUNTUDAO blockchain backing valued equivalently at $1USD/€1GBP/Japan250円