It's a fair argument.
And all I can think right now, is when people are starving and we need solutions for re-distribution of resources, then it's still a pretty good idea. I notice I am feeling more independent but I'm also being monitored MORE, not less than previously, on a public blockchain, that is true.
Realizing that doing a Goog search puts us on the map of monitoring, doesn't really help people have money in their pockets, and something we can do about it, is still really valuable.
And what is government?
In the future, it will simply be ourselves.
But I do agree, we need new solutions for PRIVACY!
and I have my bare ass hanging out on this blockchain daily and everybody knows what I am up to..