Y
Hacker News
new
|
ask
|
show
|
jobs
by
tiluha
1408 days ago
Then why can i travel with a credit card without restrictions? Shouldn't that be the same as carrying my crypto wallet?
1 comments
malermeister
1408 days ago
Your credit card provides you with
credit
, as the name implies.
It's not an asset in itself.
link
GoldenMonkey
1408 days ago
My bank credit card is indeed tied to real assets... am i supposed to declare all my assets?
link
Grimburger
1408 days ago
Your assets remain at home. If you start making $20,000 purchases or taking out that much from ATM's on holiday then yes it will be noted by the authorities in their system and treated just the same as money in a bag at the airport.
link
It's not an asset in itself.