How would they even know how to check your balance ?
Wallets are encrypted or protected and no matter what you answer, it would be almost impossible for them to confirm
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How would they even know how to check your balance ?
Wallets are encrypted or protected and no matter what you answer, it would be almost impossible for them to confirm
If you use Coinbase or if you use any crypto debit card there is a link to your identity and they are tracking every transaction the same as if you were using a bank account. This is true even if you are not a U.S. citizen. The IRS has already gained access to all transactions on Coinbase from the past 3 years.
Also most cryptos are not anonymous and can be traced including steem.
If they can check Coinbase for your Bitcoins then it would be bad for Coin base as it would be better for people not to have an account there. I don't think the US government can check all the bitcoin exchanges. Only US based ones like Coin base
Its not just Coinbase its any company that is in the business of swapping crypto for USD's. Any such business that does not cooperate will be shut down.