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?
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.
Consider the worst comes to worst, you won’t have electricity, let alone internet connectivity. Good luck selling any crypto in those circumstances.
Nope, ye olde Gold & Silver are the way to go. Silver for fractional trades, gold for larger ones. Can’t beat a couple thousand years of history.
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 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.
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.
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.
Currency. Paper money that has high acceptance internationally, like US Dollars or Euros, both can be easily traded by local currency pretty much anywhere in the world.
Idk how long the US dollar will have high acceptance internationally. I mean it may not change much or it may change a lot, depending on what happens the next few years.
My buddy grandpa left murica to go to his home country but traded all his dollars to local currency. When he got off the boat local currently collapsed hard. Huge fear of mine.
Yeah the BRICS will make the dollar obsolete.
/s (if that wasn’t super obvious)
If you’re crossing a border they’ll try to customs you about gold coins/bars, jewelry you can claim is like, a precious family heirloom or your wedding ring or whatever.
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.
You can get a card that is linked to your wise account. Not something I’ve done but it’s an option.
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.
Good usecase for bitcoin, bring your private key
Not sure why downvoted. It’s just memorizing a username and password.
Stupid question. How do you then get cash for that wherever you end up? Do you need a bank account?
Same as with everything else: you sell them to someone willing to buy
A few iphones, they tend to have a high demand and prices are stable for a few years.
This is not advice
What do you mean by “this is not advice”? You just gave an answer to their request for advice. Your comment is advice.
Gold is still the preferred way of storing wealth in many parts of the world. You can just take gold bars with you which should have value anywhere.
There are actually limits to what you can bring into/out of a country.
Solid Gold anal beads are limited only by your courage.
Physically get them out might prove to be a challenge as the customs would definitely question your bags of gold.
Silver coins maybe
Unironically this. And gold of course. Some things never change. Humans shelling out for shiny being one of them.
