The narrator in this song is sometimes identified as an abusive father scolding his son or a serial killer threatening a potential victim. These interpretations make some sense in a linear way, but to really understand god hates a coward you have to look at it as a series of abstract metaphors rather than a single, concrete story imo. It doesn't matter who the narrator is exactly, it's more about what the voice represents, which is the satanist/illuminati point-of-view. Hence the line "make you a cyclops", referring to the "all-seeing eye" that's often associated with the illuminati. This line also refers to the idea of causing someone to have "tunnel vision", thereby keeping other avenues hidden from their view. That's essentially what occult practice is, and that's what this song is alluding to. For more, read my post on the dig interpretations blog on wordpress.