Without privacy no private property.
Most "wealth" in this world, from real estate to stocks is public property licensed and regulated for personal use only.
KYC custodial BTC are easily taxable and confiscatable. Custodians can easily introduce fractional reserve.
Monero not listed by KYC custodians is a huge feature. It makes it many times more scarce than BTC.
BTC is a great inflation hedge,but Monero is many times more powerful than BTC. That's why Monero is attacked, while BTC is embraced by TradFi.