From who?

Why if America can just print fiat and buy? 

 From those who buy on KYC exchanges ! 

 💯 

 Yes, the dollar collapse is a national emergency and there will need to be a America First Save the Dollar Financial Stability Act passed in order to prevent 
digital asset horders from destabilizing the global economy. 

The speculative attack on the dollar by those entities hording large amount in unregulated wallets is causing financial instability, inflation, and giving cover to terrorists and other money laundering activities. 

All citizens should arrange to have their digital assets moved to a federally insured regulated institution immediately.  

Those not complying will face fines of up to 1M USD and/or 10 years of jail time.
 

 Unenforceable  

 Consifcate could just be to ban self custody. Once you force the assets into the regulated system those assets are already on the government's balance sheet. Hence why the ETFs are a clear attack.  

 Move your stacks to a cold wallet. 

 Sure but what if your government decide that you own them fiat that you have only in the form of equivalent value in BTC? Or even if they decide you own them (some of) your BTC?

They can come for your house, car, valuable items and stuff or just put you in jail if you don't cooperate. 

 Who would actually comply even if they banned self custody.  

 The ones with the most money /Bitcoin / things to lose from being punished. It would be interesting to see to what extent HNW individuals could flee the US. The problem is the law would likely apply to citizens regardless of residence.  

 It’s WILL confiscate from the bitcoin etfs, bitocin pension plans and maybe even from corporate balance sheets like $MSTR. And it will also confiscate from people who don’t do their bitcoin taxes especially right.