NAT is arguably a very broken solution.IPv4 isn't meant to be doing address translation, period. NAT creates all sorts of issues because in the end you're still pretending all communications are end to end, just with a proxy. We had to invent STUN and all sorts of hole punching techniques just to make things work decently, but they are lacking and have lots of issues we can't fix without changing IPv4. I do see why some people may like it, but it isn't a security measure and there are like a billion different ways to have better, more reliable security with IPv6. The "I don't want my devices to have public, discoverable IPs" is moot when you have literally billions of addresses assigned to you. with the /48 your ISP is supposed to assign you you may have 4 billion devices connected, each one with a set of 281 trillion unique addresses. You could randomly pick an IP per TCP/UDP connection and not exhaust them in _centuries_. The whole argument is kind of moot IMHO, we have ways to do privacy on top of IPv6 that don't require fucking up your network stack and having rendezvous servers setting that up.

We may also argue that NAT basically forces you to rely on cloud services - even doing a basic peer to peer VoIP call is a poor experience as soon as you have 2 layers of NAT. We had to move to centralised services because IPv4 made hosting your own content extremely hard, causing little interest in symmetrical DSL/fiber, leading to less interest into ensuring peer to peer connections between consumers are fast enough, which lead to the rise of cloud and so on. I truly believe that the Internet would be way different today if people could just access their computers from anywhere back in the '00s without having to know networking