The fact he's not selling it doesn't mean all they'll bring in is what they'll confiscate for free, it means there needs to be legislation on how to acquire it outside of US taxpayer money(via spending cuts and budget re-allocation).

If I had a tenant applicant who during the tenant interview shouted “down with capitalism” and volunteered that he was working to confiscate private property I wouldn’t rent to him.  

A Roth locks that money into a position where it can easily be devalued, taxed, confiscated.

You are treading on thin ice if you follow other advice of confiscating the property/apartment yourself. 

This means that it is impossible to confiscate, shut down or ban.

I think this is the first step so they can know who has the lead pipes before they pass a local ordinance to require the replacement at the property owner's expense.It's a "first registration, then confiscation", of sorts.

It is fungible, non confiscate-able, secure, digital property.

Then everything gets confiscated and you go to jail. 

So the effect is a confiscation of private property and a transfer of the property for no cost from the landlord to the tenant. 

Not via some crazy BS of soldiers coming door to door to confiscate or whatever no no no.