That's fallacious logic rooted in a classic mind control technique called public confession. The only requirement is auditability of supply, privacy is about using the network properly.
Transparency inherently creates information warfare asymmetry for those who hide their communications and capture information using their above the law government privilege.
Same thing as cult mind contrtol and confession/humiliation rituals. No, privacy is essential to a civil society. Otherwise it will steadily decline into totalitarianism.