Is there such a thing as too much privacy?

This isn't meant to start a war in the comments.

I have been thinking... Platforms that advertise encryption and unmatched privacy have almost always been used by bad actors that ruin it for everyone else. This leads to some sort of middle ground being set up that ends up being further from privacy than we'd like it to be.

I see the benefits of both situations, and am left wondering if we can even survive as a society if we were to have absolute privacy.

Any thoughts are appreciated.

Edit:

I'm asking how we can navigate this conundrum in order to reach a common ground where we do NOT have to give up our precious privacy in exchange for security.

Nothing else. I'm sorry if my post didn't reflect that.