Joke by US government
(New US Senate Bill Could be a Threat to Bitcoin Innovation)
I am not a US citizen and have no intention of ever visiting the USA - "land of the free" don't make me laugh! Either way there is no way I would ever declare my crytptos if I happened to visit the US. With no way to actually tell if you own any. Also the fact that you cannot possibly carry a non-tangible asset on your person means this law is worthless and only about scaring people.
I think if anything it just goes to show how terrified the banksters and criminal parasite classes are now that people have a way to move wealth right under the noses of the US authorities and there is nothing they can do about it.