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 The limiting process for its privacy is the conversion liquidity to/from BTC. https://youtu.be/va1pnsCnqHI?si=qMzZz6-COrUnJSMx 
 And Bitcoin has zero privacy. It is a public ledger. All connections and amounts are completely visible to anyone on the planet. 
 lightning is not. 
 Not the way 95%+ of users use it. Custodial wallets and LSPs can see everything they do.