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RE: Congress trying to pass Anti-Crypto bill which will allow Civil Asset Forfeiture

in #crypto-news7 years ago

I don't understand this though. What do they mean "declare cryptocurrency at the border"? It's information. How can you have information on you? You mean that if your seed words are encoded on a USB that is on your person then you have to say so, but if the words are on a computer at your house you don't? Who cares where those words are? What if they are only in your head? Is that considered "on you"?