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Mass adoption of Bitcoin would be a mass surveillance dream due to the lack of on-chain privacy. It also won't be censorship resistant without privacy. Still not too late for Bitcoin to add serious on-chain privacy via encryption rather than obfuscation, but it's getting there.
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Zcash shielded transactions are the gold standard but they need much better adoption for shielded addresses including hardware wallet support. Could be bolted onto Bitcoin and the community could heavily push for adoption, but there will be people who viciously fight against it.
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There's been a number of inflation bugs in the shielded pool. Also, last I checked, it required insane amounts of RAM and CPU time, and couldn't even do multisig. Bitcoin will adopt a solution when there is a real one
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It's news to me that the existing privacy solutions in the space such as Zcash shielded transactions, Monero, Tornado Cash, etc. aren't usable. I don't see much innovation or research in that space coming from the Bitcoin world. If they are, who is working on it and where is it?
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