RE: USA wants.. Travelers to Declare Bitcoin at the Border!

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USA wants.. Travelers to Declare Bitcoin at the Border!

in bitcoin •  8 years ago 

That's assuming that you have only the same devices that you started out with. You could easily use other devices while you're away and rid yourself of them before you return. After all access is private.

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but if down the road you come under some type of gov scrutiny and they discover you were out of the country in the past and you had over 10.000 in crypto they can seize all of your assets and you are screwed.

You are right, this will not effect most people but if they decide they want to nail you for some reason they have this at their disposal.