I mean, if you really think about it distributed public transaction ledgers were really primarily beneficial to those looking to actually understand more about where/how money flows. It's the classic problem of Networks. If there is enough information to ensure that something gets to one endpoint, and not others, that de facto becomes a tracking lever for surveillance and signal analysis. It's part of the package. There is no escaping it. As it giveth, so to does it take away.
Things like the Bank Secrecy Act are only there to guarantee a level of secrecy/protection from other customers. Law enforcement, government, and third party service providers are not counted there realistically. If you want financial privacy, you keep your own books. By that same token though, you don't get to act surprised when the authorities come a knocking with a warrant to crack open your books when they find out you made a poor decision of people to work/transact with.
Things like the Bank Secrecy Act are only there to guarantee a level of secrecy/protection from other customers. Law enforcement, government, and third party service providers are not counted there realistically. If you want financial privacy, you keep your own books. By that same token though, you don't get to act surprised when the authorities come a knocking with a warrant to crack open your books when they find out you made a poor decision of people to work/transact with.