To the closeted transfem audience member, the Tranny stock character exists primarily to remind you of how you will be treated if you are ever to act on your desires, to teach you that you are right to be ashamed and to hide these feelings, and that if you ever were to act on them you would become an object of justified ridicule and the acceptable target of unlimited patriarchal violence. The idea that such characters constitute "representation" or that the widespread presence of the tranny caricature as a target of mockery and bile fascination in media constitutes evidence of some sort of privilege is a bizarrely cruel position that a lot of people who claim to care about trans women nevertheless seem to take.