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>For the moment the new definition does not include Bitcoin and other cryptocurrencies, for one simple reason: “customs authorities lack the resources to monito
by pfisch 9y ago
>For the moment the new definition does not include Bitcoin and other cryptocurrencies, for one simple reason: “customs authorities lack the resources to monitor them.”
How could they ever? It is a short string of text that can hold basically infinite money. You don't even really need to travel with it.
- etiam 9y agoEnough monitoring to make them risky and inconvenient seems pretty achievable. Compel traveler to unlock all devices and hand over passwords. Clone the data. Scan for any references to addresses, sites or tools related to known cryptocurrencies. Foolproof? Certainly not. But how big a fraction of people would hide every trace of cryptocurrency management completely successfully and never slip up?