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.

Then everything gets confiscated and you go to jail. 

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

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

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

The social engineers (lawmakers and their special interest handlers) stifle and discourage growth, individual liberty, and confiscate property (your hard earned income), they are absolutely crazy.

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

All monies and contract mining equipment was confiscated.

Other examples of Private Property rights under attack are when countries impose exchange controls to keep people from taking action to negate the confiscation of their accumulated wealth through rapid inflation; when government imposes ridiculous limits on individuals right to improve their real property; when restrictions are placed on assets individuals can own (it was illegal in the US to own gold bullion until our currency was no longer backed by gold); and when taxes are imposed on wealth for the purpose of redistributing that wealth.  

The code enforcer says hes never heard of our town confiscating properties.