Re:Combating Money Laundering, Terrorist Financing, and Coun...
by MichaelGG on Thursday June 15, 2017 @10:45AM
(#14560859)
That would be a strange way to word it, wouldn't it? More likely they want to scan your device and use it against you if you are "carrying" undeclared "currency".
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Re:Combating Money Laundering, Terrorist Financing, and Coun...
by lightbyte on Thursday June 15, 2017 @11:26AM
(#14561262)
You don't "carry" crypto currency though, you hold the private key to an address. I don't see how they could determine some random binary blob on your laptop/flash drive/etc. is in fact a private key that is responsible for a number of coins. What if I used an Electrum wallet and just kept the master seed saved, then it's just a string of random words. I could just as easily memorize that or physically write it down somewhere instead.
Re:Combating Money Laundering, Terrorist Financing, and Coun...
by MichaelGG on Thursday June 15, 2017 @02:14PM
(#14562888)
I think that's why they have a part about determining if technology can be invented to detect this. And a lot of these laws seem to have a point of making easy things illegal, so they have more ways to go after you if they need to.