One dude with the centralized ledger of money, with the power to censor or even "nonperson" anyone...

People could quickly be made worse off than in George Orwell's "1984" which, if you have not read it, you need to do so right away.

EVERY MEASURE IMAGINABLE MUST ABSOLUTELY BE TAKEN TO AVOID THIS HORRENDOUS FATE FOR MANKIND. Civil war with millions or billions of deaths would be much better than what awaits us if this is allowed to move forward.