Brazilian Carrying 15 kg Of Gold Detained On The Amsterdam Airport

Sateesh Swaminanthan
I am a techsavy, otaku and Crytogeek. loves to talk and write about latest tech, new anime and happenings in Cryptosphere.
  • A 27-year-old Brazilian man got arrested in Schiphol Airport in Amsterdam for failing to provide the papers for 15 Kilograms of Gold bars.
  • Most of the tweets contained the roast of the Netherlands authorities for the privacy invasion and benefits of borderless digital money.
  • The benefit of bitcoin is cheap to move and impossible to steal.

Brazillian man smuggles 15kg gold?

On 7th March 2019, a 27-year-old Brazilian man got arrested in Schiphol Airport in Amsterdam for failing to provide the papers for 15 Kilograms of Gold bars to customs which is according to local reports, he failed to convince the customs how he got hands with the gold.

The traveler was flying from Rio de Janeiro to Hong Kong and currently in custody for money laundering suspicions.

Twitter shenanigans!

This newly created quite a buzz in the crypto world. It sparked a stir in twitter with the crypto-enthusiasts enlisting benefits of cryptocurrencies like bitcoin.

Most of the tweets contained the roast of the Netherlands authorities for the privacy invasion and benefits of borderless digital payment and digital assets while traveling cross country.

One user by the username @Chengdoo tweeted

Trolling Amsterdam airports’ lack of knowledge towards bitcoin by making a joke of them asking silver coins as if it were bitcoins.

Twitter conversations give the gist of how much cryptocurrencies have been evolved and the importance of something which can be considered illegal if they didn’t go through that process.

To legally transfer gold not physically, the crypto community gives the idea of selling the gold off for crypto and then using the same crypto to buy the gold in another country which is a lot more easier than showing and giving proof for everything a person owns and the risk of carrying with will be eliminated.

The benefit of bitcoin is cheap to move and impossible to steal. The Gold has many disadvantages in that manner which compliments Bitcoin In a manner and supports the notion of people claims that Bitcoin can replace Gold someday.

John Maynard Keynes once quoted the Gold as “Barbarous relic” and the emergence of the cryptocurrencies and incidents like this Amsterdam Gold case hits the nail on the coffin which is ready to bury the Gold.

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