[glennvtx]

It absolutely protects your privacy in a system where the movement of money is public. Donations to politically sensitive organizations can be used against you, this technology limits that possibility, just as the traditional banking system does not make your transactions public. Many places in the world people do not enjoy your privilege of immunity from state violence due to support for activism.

[kube-system]

Nobody said it didn't protect privacy. Obviously, that is the technology's function.

Above, we were talking about whether one has a right to that privacy. That right is observed differently by location, but it is commonly accepted to have at least some exceptions.