The government has no right to hold on to it or sell it off for its own benefit.
Of course they do. The law decides the right, not someone with the username headingnorth.
It's sad and scary to know there are so many sheep like yourself who think the government can do whatever it wants,
and no one should ever dare question them. That is the anti-thesis of what bitcoin is about and why it was created.
Someone like yourself would feel right at home in North Korea or Saudi Arabia. I wouldn't be surprised if you are from one those places.
What is right in a country is decided by law. Whether you like this or not changes nothing. In your case, the majority of the stupid 51% decides what is allowed and not.