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RE: ...

in #bitcoin7 years ago (edited)

tell him to store his bitcoin on a trezor... it's a little device and most will never know what it is.

also, you can use a trezor in decay mode, hiding your crypto under a real (blank) wallet, just in case.

or just use Samourai App with its awesome privacy features. you can even hide the full app on your phone and activate it via a sms code

edit: assuming you meant to move it physcially through border

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That could work, though I think they’re looking to get into Canadian dollars - so that could be half the equation, though the other KEY half would be what sort of exchange, service, etc to use that could accommodate transactions of that size...

When I read this I though it was a TRICK QUESTION,,,,, Bitcoins are not physical, don't require moving, exist on the Internet and are already inside of every country. That being said, the way to get them in ANY country is to write down your keys or put your Bitcoins or whatever coins into a Trezor wallet or similar,,, PHYSICALLY go to whatever country and in that country open an exchange (pref. peer to peer) account (possibly with a citizen like a corporation) and pull out your cash......

I believe you would only be subject to any taxes that that specific country may or may not charge for trading on the exchange......

Bitcoin is BEYOND Boarders and Governments and banks,,,,, that is why we made it.

TAXATION is THEAFT

I think uphold could do it theoretically? https://support.uphold.com/hc/en-us/articles/206118653

edit: nvm 50k daily limit

Yes, they will charge around 2% (have to look at current rates) for transfers to fiat currency cards.....

Ash you always know so much.

Good on you.