Am debating what are the innate properties that constitute money. For the reasons stated in prior posts I do not consider privacy to be applicable to what makes good or bad money and do not see that as a factor towards driving adoption.
Privacy is not necessarily a property of money. Fungibility is a property of money though, and without strong legal guarantees of fungibility, it likely does require privacy because if you can trace "bad" or "good" coins then fungibility isn't there. Bitcoin currently doesn't have whitelisting/blacklisting, etc. (for the most part; there do seem to be some exceptions involving Coinbase, etc.) but as long as that concept is in play fungibility is a question.
Fungibility is not the only quality at risk. If the government can regulate money, they can extract all wealth to the misallocation and corruption of the Some Iron Laws of Political Economics. Early on this is tolerable, but in the end game scenario of repeating bouts of socialism where we are now, then a gestapo control over money will result in a severe economic collapse into a Dark Age.
Bitcoin proponents either fail to appreciate what stage of the cycle we are in, or they fully accept that they will go with the NWO fork of the coming bifurcation and take their chances on expropriation. Or the anonymity proponents are incorrect about the coming Economic Totalitarianism (and note there are sub-groups, e.g. some believe it is impossible technologically to make crypto that can't be effectively outlawed by government)