What kind of things could a person carry to sell and how if they ever had to forcibly leave?
I read diamonds are worthless second hand.
Solid gold seems legit but not sure if coins or jeweler is best.
I saw something about getting gold chains to trade individual links in a emergency.
Are there any other good tips?
Silver coins maybe
Heroin is quite compact, and always holds its value of you’re travelling from lower socioeconomic to higher.
Rofl fleeing country.
Let me get my brick first.
GOLD JEWELRY
Why not just use something like Wise to hold your cash?
It’s a UK company but it says Money can only be delivered to a bank account. Unless I can just load it up like a prepaid card? Which is also a other idea I was considering.
Bitcoin is best. Can theoretically keep your wallet seed in your head instead of paper or on phone. Anything physical is subject to border guards or other transporation/exgress/ingress assisters.
Didn’t it drop yesterday by like 20%?
close to that at low, but ended up down less than 10%. If you are short term, you had opportunity to make 10% in a day. Long term, it is best performing assets, and should still outperform stock indexes in future. Don’t depend on it for your rent money for the month or year, but longer term you can probably turn it into a significant portion of a house or EV.
Monero if you need something that’s actually untraceable. However, I guess btc is more likely to hold its value in the long term.
If you just want to escape your country, instead of buying illegal stuff in new country, a privacy coin isn’t a necessity.
Get tattoo of wallet seed lol.
Nah you need to create a cipher in your head, then you tattoo the encrypted seed. Easier to remember than the seed itself, and only readable by you.
Maybe have a second tattoo to remind you what the cipher is lol. Then another for that one…
Write disguised poem including your wallet seed.
Don’t make it fire incase someone wants to steal yo rhymes.
Brave comment
Brave to remember?
Praising crypto on Lemmy is one of the deadly sins
It seems to work like the stock market. I lost faith when it when up and down 10s of thousands of dollars in a few days that doesn’t mean that it isn’t worth the risk if you are not going to lose everything anyway.
Oh yeah I definitely believe more in Crypto and even Bitcoin than the mythical USD printer. But most Lemmings hate it with a passion because it consumes electricity. Same with AI.
Ah well let’s hope no one ever need it then. El salvador just got bought out of using bit coin. Guess someone Is afraid of how useful it is.
They got bribed by the IMF for 1.4 Billion dollars to change back to USD.
Transfer your money to an overseas bank in your target nation.
I Heard there are some complications with that. Some people said consult a lawyer before moving finances.
Good advice. Same with real estate. There are all sorts of laws in target nations you’d never expect. For instance, some nations will tax your money hard if you try to leave them.
That’s why the question is more focused on the “yeah leave now or guarantee camps and possibly worst” situation vs let Me call my law firm of Pearson Specter Litt LLC.
Tough situations could blow over but better to not start from nothing.
Coins vs jewelry doesn’t matter. Weight and purity are all that count when selling.
A few iphones, they tend to have a high demand and prices are stable for a few years.
This is not advice
Lol imagine selling them on the streets of Panama.
What do you mean by “this is not advice”? You just gave an answer to their request for advice. Your comment is advice.
It only angers your intelligence officials if it is advice. “Not advice” means begging to stay friends. I advise staying friends, overtly, with NSA, to make sure that first they come for others.
Nu uh
Besides the utility of a go bag… having portable wealth can get you into trouble with the police or border crossing agents.
Civil asset forfeiture is a very real thing at border crossings. If you must take portable wealth have documentation about where it came from a available
Keep them receipts. Got it.
Receipts don’t matter if they (claim to) “suspect” the source of the money used to buy the gold in the first place.
Lame. Now I need paper copies of my bank statements ?
US police (including border agents) are stealing things from citizens. It doesn’t matter if you have bank statements or receipts if you are dealing with someone who will just steal your shit and claim legal immunity.
If you are fleeing from the US, get a bunch of guns. Gotta make money from illegal weapon sales overseas, just as the founders intended. 😎
God Bless The 2nd Amendment 🙏
(Also, build a backyard nuke while you’re at it, sell it to the Libyans)
Lol good luck carrying all that.
Y’all don’t got that magic suitcase Leon S. Kennedy has? Ya know, the one that can disappear into thing air and re-appear, whenever you want, and can fit 2 rocket launchers, an automatic gun, a sidearm, boxes of ammo, a bunch of grenades, and vials of colorful herbs.
Printer ink.
I’m just kidding… listen to all the other smart people in this thread and not me.
Well I think ink is worth more per volume than blood.
US: The way to effectively do thos is to open a series of accounts, in a tree structure, in countries that aren’t CRS compliant. Disperse the money into the structure. This will buy time, mitigating losses in the event of an asset freeze, likely not being caught until FACTA reporting to the IRS. Get the money out ASAP. There’s better methods if laws don’t matter.
If you’re planning to leave with enough time, register a business or trust or something, transfer your money to a shell company, repeat as necessary then transfer it to the place you’re trying to go.
Use the tools of the people with money not the tools of people who get patted down for loose change by the tsa.
Has this worked before?
It’s one technique used to hide and move money all the time.
A different way is to buy some asset in the destination nation then sell it when you arrive. So like a bond or an etf share or something.
Extremely effective, happens all the time with amounts more than an average person can ever earn.
You could also explore some crypto options like monero (XMR). It can be theft resistant if you set it up properly
Lolol, it’s the Reddit mindset, they see “Crypto” they insta downvote.
Btw, there’s always like 1-3 downvoters from bots, even if you make a totally non-political post like a picture of a cat. That’s just how Lemmy is.
If you are serious, learn a trade. They will always be in demand.
