I can tell you why.

Privacy is against mass adoption is against hedge fonds and banks. This are two different fronts. Ppl want to see 100k and are against everything that can stop the course. No smart hedge fond manager or CEO from a bank will invest millions USD in a asset which can maybe bring some troubles or uncertainty because if regulations. 

Can you use Bitcoin in a private way? Absolutely but you have to do a lot of homework. You have to learn the UTXO concept, have to learn how to use Lightning with best privacy practices which is not easy and so on.

Don't trust some dudes or devs with their opinions, the most of them want to make money, they jump on the train to 100k.

When it comes to Bitcoin projects you have to do a lot of research, who is behind projects, why they are doing it, who are the investors etc.

You could write a book about it 😂


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