Re:US Senate bill on “any digital exchanger or tumbler of di...
by ThrustVectoring on Friday June 16, 2017 @01:46AM
(#14566917)
The amendment also covers "prepaid access devices", which is apparently the technically-specific way to talk about things like prepaid Visa cards. Quote:
>A prepaid access program is an arrangement through which one or more persons acting together provide access to funds or the value of funds that have been paid in advance and can be retrieved or transferred at some point in the future through an electronic device or vehicle, such as a card, code, electronic serial number, mobile identification number, or personal identification number.
https://www.occ.treas.gov/news-issuances/bulletins/2011/bull...
So basically, the grandparent is asserting that the main thrust of the bill is the amendments that make prepaid cards covered.
Re:US Senate bill on “any digital exchanger or tumbler of di...
by cabaalis on Thursday June 15, 2017 @10:46PM
(#14566294)
During the last election cycle I stripped all of my online social media of any real life references. Except for my name on Facebook and my LinkedIn account, which I never use for non-work stuff or private opinions. Definitely doesn't make their work impossible, but why make it easy?
I've never heard of prepaid Visa cards being called a "tumbler of digital currency", which the bill specifically deals with. It seems clear whoever wrote this knows about Bitcoin etc.
> I keep my wallets in a private cloud. I don't see how a border agent could know they exist.
It's well documented that they're poking around on social media for information on folks. You've posted that you have one on an account whose profile mentions your employer's name. I wouldn't be shocked if they could connect the dots pretty trivially.