So, complete de-anonimization of internet infrastructure in the United States. If you have something to say on a platform we don't already control (Meta, etc) then you must provide your private data to the government to do so.
Watch the US say in a few years that they will block all international VPN connectivity for security reasons.
As a legal measure, this proposal will affect all IaaS platforms, so you can't just find another that doesn't do it
"Just build your own website" has rapidly turned into "just build your own data center, domain registrar, CDN and DDoS protection shield, T1 ISP, advertising network, search engine, and defeat the VISA/MasterCard duopoly if you want any income". The pro-deplatforming crowd has shown that they'll use every possible measure to make a site they don't like impossible to operate, rather than stopping at their claim that they just don't want the content on Facebook or whatever
My point is the status quo allows people for good and bad to operate networked compute anonymously, and US government organizations want to strip anonymity away from the Internet.
Watch the US say in a few years that they will block all international VPN connectivity for security reasons.