Just imagine if a cryptocurrency like Monero, which provides privacy by default, had emerged first, and then a cryptocurrency like Bitcoin, which transparently displays all transactions, had emerged later. How would people react? I think it's obvious:

"Why would I want my transactions to be transparent?"

Bitcoin was, in my opinion, invented to muddy the waters and poison the wells because <<<they>>> needed to take immediate action against the Cypherpunk threat. Bitcoin is a sinister product of social engineering. All the ultra-idiots who think they're ultra-smart fell for it easily.