Vitalik Buterin recently made a very similar point, that caused him to change his mind regarding the value of privacy. Brief quote:
[One of the key things that caused me to update was reading] Robin Hanson and others’ literature on signalling, and seeing just how large a portion of our lives it still is. Basically, I see privacy as a way to prevent signalling concerns from encompassing all of our activity, and creating spheres where we are free to optimize for our own happiness and just our own happiness, and not what other people think about us.
Vitalik Buterin recently made a very similar point, that caused him to change his mind regarding the value of privacy. Brief quote: