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> Right?

No.

> Let's say I send you $100 USDT and Osama Bin Laden sends you $100 USDT. Then you send Justin Beiber $100 USDT and keep the remaining $100 USDT.

That's a misconception, you can do that exact same thing with Bitcoin and you are left with the same question. Bitcoin outputs can be combined into a single output (and they routinely are). See this diagram: http://syskall.com/bitcoin-notes/svg/transaction.svg

Even Ethereum's rationale acknowledges that Bitcoin's UTXO model provides a higher degree of privacy: https://eth.wiki/fundamentals/design-rationale



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