How would they even know how to check your balance ?
Wallets are encrypted or protected and no matter what you answer, it would be almost impossible for them to confirm
RE: USA wants.. Travelers to Declare Bitcoin at the Border!
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USA wants.. Travelers to Declare Bitcoin at the Border!
If you use Coinbase or if you use any crypto debit card there is a link to your identity and they are tracking every transaction the same as if you were using a bank account. This is true even if you are not a U.S. citizen. The IRS has already gained access to all transactions on Coinbase from the past 3 years.
Also most cryptos are not anonymous and can be traced including steem.
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If they can check Coinbase for your Bitcoins then it would be bad for Coin base as it would be better for people not to have an account there. I don't think the US government can check all the bitcoin exchanges. Only US based ones like Coin base
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Its not just Coinbase its any company that is in the business of swapping crypto for USD's. Any such business that does not cooperate will be shut down.
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