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RE: Congress trying to pass Anti-Crypto bill which will allow Civil Asset Forfeiture
This whole thing sounds insane.
Would simply having $10,000+ on an exchange or online vault would require a declaration (and possible confiscation)? I mean even if you don't access your accounts overseas, you COULD access your accounts overseas.
I would even be okay with declaring all my accounts if they didn't have Civil Asset Forfeiture mixed into it. That one law allows police to take your money for unknown suspicions. Knowing how this can play out, it's extremely bad.
This is the exact reason that power creep is possible. People are too easy going about government invading their privacy. I didn't get the impression, reading your posts, that you'd give in so easily to such abuse of authority.