Sovcits believe that when you're born, the government creates a legal entity with your name written in all caps. They make a bank account for that corporate person, and puts millions of dollars in it for reasons.

They also claim they don't need to follow the laws, because John Doe the person never agreed to anything (the US is a corporation in their fantasy world, and holds no power over real people), only JOHN DOE needs to do these things, because they're also a corporation because that name is on the birth certificate.

So they think that the natural person and the corporate (all caps) person are different things. But at the same time, they think that filing the right paperwork will let you claim the money from the person you're actually not.