Per their own bill they can't confiscate your corn. That would require the state to take custody. This may be the most pro bitcoin move ever. Keep the sats in the hands of the people instead of the state
Discussion
Hell yes
A custodian would take it and convert to cuck bucks. They'll never exempt themselves from taking shit.
Can't hold it....
They wouldn't need to.
Taking possession means they have to hold it.
Think if I had a shiny new coin in my hand and you wanted to take it then either your or your proxy would have to hold it even temporarily.
I am intentionally being overly literal on definitions and processes
Hot potato