The precious thing about bitcoin is that even if you hold a billion dollars worth of Bitcoin, no one will know crap about it since Bitcoin is highly private and untraceable unless the holder exposed his ownership of the wallet holding the Bitcoin.
You are correct that privacy feature of Bitcoin is important for those individuals who never want to disclose their identity, but as we are all aware of the fact that all transactions are recorder in cryptographic addresses rather than with real names on public ledger (bloc chain), which is visible to any person. I think by employing certain techniques, it is possible to analyze block chain and potentially trace the flow of funds, and reach the individuals or entities involved in transactions.