Yes, you're right it is a transparent public ledger. In your previous reply you are confusing anonymity with privacy. They are two different concepts. One is hiding the identity of someone. The other is hiding the actions of someone. You can have one without the other.

Lol, Bitcoin is not only a corporation-to-corporation, business-to-business, or nation-to-nation protocol. It was supposed to be PEER-2-PEER electronic cash. Read the white paper please.

Lightning is not fully private even in theory, but more importantly it is not in private practice.

Fedimints are great privacy but sacrifice sovereignty by losing self custody which is a massive pillar of Bitcoin.