I see your point but its more than that I think.

without private wealth you don't really *own* your assets. because they can be taken from you by force.

Privacy is a necessary condition of ownership in a hostile environment.

as Mr nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszynhwden5te0wahhgtn4w3ux7tn0dejszxthwden5te0wdjkuerfwshxummnvekxzun99e3k7mgrcp7e2 has pointed out ad infinitum, no privacy, no wealth, no wealth no freedom.

So if *sovereignty* is the goal, privacy is a necessary prerequisite.