Without privacy, you have no wealth.
There will always be a bigger, better armed bully. 

Therefore, lack of Bitcoin privacy jeapordizes its censorship resistance.

also
"boating accidents" on a transparent ledger are a farce. nobody is going to believe that shit. 

 This is why we have guns. It’s not because we will never meet a more formidable opponent. It’s because you will be less of a target if softer targets exist.