Privacy is important. But it is more important to stop illegal usage of cryptocurrency. We have number of incidents lately where cryptos have been involved in various illegal things like Dark Web Silkroad, NZ terrorist attack, money laundering, billions dollar exit scams like MtGox, Plustoken, ransomware etc. They have all taken the benefit of the privacy offered by the cryptocurrency. I am sure the community members don't approve of these incidents. If these were happened within the fiat system, it would have been more easier to brought them under justice! The privacy is probably helping the miscreants more than the common mass.
You can't really help but admit that for the overall good, identifying criminals is a lot better than indulging the concept of privacy. But well, there are various conceptions regarding it honestly, and you can't help but say that both are actually valid commitments. The idea of privacy being ignored probably stems from the fact that other humans see the information instead. If it were, let's say, automated systems, then fear would probably stop stemming out of the idea, though that's basically an impossible idea atm imo. You can't also say that wanting privacy is wrong, after all, a lot of people bs about the news of someone's daily life once they see something wrong with it, even though the context may actually be completely different than what was said.