The Deep State would love to freeze your accounts if you do not perform as they instruct..
Trudeau’s Deputy - Chrystia Freeland (her grandfather was a NAZI ) declared war on truckers who were peacefully protesting vaxx mandates.. froze their bank accounts / could not pay rent, buy food.. .
Cashless is a dream of dictators.
https://freerepublic.com/focus/f-news/4226594/posts
You are correct.
Social Credit Scores are/were designed for just that.
No doubt, but you don't need "crypto" or a new central bank digital currency to do it, they already have what they need in place other than a ban on physical currency.