California just crossed a red line. A new law signed by Governor Gavin Newsom allows the state to take custody of digital assets kept on exchanges after 3 years of inactivity. If you don’t log in, trade, or move funds, the government can label them as “unclaimed property” and step in. Even if you never planned to sell. Even if the money is yours. This is shocking, and it changes the game completely.
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Let’s be clear why this is bad. This law treats modern digital assets like old bank accounts or forgotten checks. It punishes long-term holders, opens the door to government overreach, and weakens the core idea of financial freedom. Once the state can take custody without your consent, the line between ownership and control disappears. Today it’s California. Tomorrow, other states may copy it.
Now add Trump into the picture. Trump has openly criticized heavy regulation and state control, and this move will only fuel that fight. Expect this to become a major political issue, especially as Trump pushes for less government interference and more individual control over money. One message is now louder than ever: 👉 If you don’t control it yourself, it’s not truly yours.
This isn’t innovation. This isn’t protection. This is old-system thinking forcing its way into a new financial world.
The warning is clear. And it’s only the beginning. 👀🔥
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول.اطلع على الشروط والأحكام.
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