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.
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.
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.
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.