Those headlines about the State of California taking your Bitcoin after 3 years of being idle?
They're a bit overblown
The primary point of the Act is to allow the state to keep the Bitcoin / crypto in its token form vs current practice of liquidating it to fiat
And while the state will be able to claim tokens from those who don't perform "an act of ownership interest" at least once every 3 years -
There will be a claim process to get it back through Unclaimed Property channels
So some positives in here, tho definitely pros and cons