The very worth watching Milton Friedman PBS series about the merits of free markets was called “Freedom to Choose” for a good reason. For such markets to function you must be free to choose what you do to earn money and free to choose on what goods and services you wish to spend it on. Much of the series is arguing about what happens when governments attempt to control this dynamic leading to the exact opposite of the stated objectives.
But really who wants to live in a system where you are so clearly funnelled from what it is you do every day to what it is you consume?
Knowing that every transaction you ever make is centrally recorded for later review will absolutely impinge on the freedom of individuals to make those transactions, legality of them at the time being absolutely independent of their potential interest to subsequent inspection.
But really who wants to live in a system where you are so clearly funnelled from what it is you do every day to what it is you consume?