Time to update your #bitcoin cold storage threat model accordingly.
If your seed phrase is in your home, it's able to be seized.
I expect laws like this (and worse) to be passed elsewhere too. Secure your sats properly before it's too late. nostr:note1p4wmtw7s7d2skf65ypyh05h8npdeffgpjdjauv8aemzc07g6kz2ssxmhnd
The adversarial environment still pretty tame. I'm waiting for ownership to be a jailable offense.
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They'll reach such a juncture in due time. Then I can imagine that Bitcoin "ownership" will be made legal as long as it's through the ownership of ETFs or some other centralized alternative.