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Countermeasures: * Move coins to cold storage wallet. * Memorize seed phrase. * Destroy written copies. * Walk casually through checks at airport or frontie
by spiorf 6y ago
Countermeasures:
* Move coins to cold storage wallet.
* Memorize seed phrase.
* Destroy written copies.
* Walk casually through checks at airport or frontier as a tourist, carrying nothing but chlothes.
* Do whatever you want to do with your money.
You can choose to leave your country for good taking your wealth with you against your government laws, if things get really bad.
- londons_explore 6y agoExcept the act of filling in the form claiming to hold no bitcoins, while one actually having a seed phrase hidden constitutes fraud. The government can issue an arrest warrant for you, and have you extradited from wherever you went. Figuring out who to arrest is harder, but it's a pretty small pool of people heavily invested in bitcoin who have suddenly vanished abroad flouting lots of cash with no obvious source...
- bollu 6y agoHow precisely does one "leave their country for good"? Do you seek asylum? You can't actually just hop on a flight and go live someplace else without a visa, and that takes months to process.
- canadianfella 6y agoChlothes