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Because worse is better and LCDs and OLED dominate the display market.

People rather have a backlit display in a small form factor with a higher refresh rate than reading on an eink display.

My Phone / Tablet allows me to read and also watch movies in color but eink can't do that.

On that matter, is there any reason why I can’t find high-resolution monochrome non-backlit TFT matrices?

I.e. how are they worse than rink?

If you've never had a screen with a broken backlight it might not be obvious, but without the light a normal TFT display is basically unreadable except in very specific orientations due to the way the layers are sandwiched. You're probably looking for what's referred to as "transparent LCD", which I think still are not very nice to look at (Google has plenty of example pictures).

What is better, a hammer or a screw driver?

You can use a hammer to make a screw driver.

I often use a screw driver to hammer things.

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