I saw someone do that at a protest and the officer said "I don't see any fringed flags so why don't I take you into custody until the Supreme Court rules". Amazingly, that deescalated the whole thing...apparently scrutiny isn't something Sovereign Citizens are big on.
I imagine the precedent being set is all the contrived prattle the sovereign citizen folks spew (admiralty courts!) being comprehensively dismissed at one time. Be careful what you wish for.