I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas. It was quite an honor to be part of it; the conference was hands down the best Bitcoin event I’ve attended since Jason King hosted Coins in the Kingdom back in October 2014.
At the end of the panel, we opened up for a Q&A and one of the questions was something I had never considered before. The gentleman asked if, after moving his bitcoin off Coinbase and onto his cold storage, he would be required to file a Foreign Bank Account Report (“FBAR”) because the bitcoin is located on all the nodes across the world.