It may sound outlandish. But I am afraid that with every passing year such authoritarian regimes are becoming more and more frequent. Governments are increasingly tilting towards the left-wing and ultra-left side of the spectrum and these guys are perfectly OK with zero anonymity and zero personal liberties. KYC is being implemented everywhere, even for a $100 cryptocurrency purchase. The justification being given is that there are guys who are indulging in tax evasion and drug purchases, and so all the transactions need to be verified.