You're right that Bitcoin isn't great privacy-wise. However, this might actually be one of the reason it hasn't been torn to pieces by nation states yet. Also

You're right that Bitcoin isn't great privacy-wise. However, this might actually be one of the reason it hasn't been torn to pieces by nation states yet. Also: there are newer cryptos that are much better when it comes to privacy/fungability/traceability, to name a few: zcash, monero, beam, grim. There are some privacy fixes in the pipeline for Bitcoin (coinjoin, taproot, some L2 innovation, etc...) but it's going to be quite a while before that gets deployed