Heroin is quite compact, and always holds its value of you're travelling from lower socioeconomic to higher.
this post was submitted on 02 Feb 2025
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Asklemmy
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Rofl fleeing country.
Let me get my brick first.
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.
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.
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GOLD JEWELRY
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.
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Silver coins maybe
Unironically this. And gold of course. Some things never change. Humans shelling out for shiny being one of them.
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.
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Seconding this. The best money is still money.
If you can't get a good stable currency or you have legitimate fears that the currency you can get is in danger of some kind of collapse, gold or silver coins would be your best second bet. In this case you'll want well known coins minted by an actual government such as an American gold eagle or the Canadian silver maple leaf rather than the coin shaped "rounds" that a lot of places sell. The rounds will have the same issue as jewelry, you'll have to haggle over weight and quality every time you sell one. Actual coins issued by a government mint will have pretty well established values so they will be easier to sell at a fair price.
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If youβre 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 youβre 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.
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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
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Coins vs jewelry doesn't matter. Weight and purity are all that count when selling.
Printer ink.
Iβm just kiddingβ¦ listen to all the other smart people in this thread and not me.
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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.
One of them stupidly expensive watches, that is worth more than a house, might be the best way to move value across borders. But you gotta find a sucker to buy it.
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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.
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
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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. π
God Bless The 2nd Amendment π
(Also, build a backyard nuke while you're at it, sell it to the Libyans)
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You could also explore some crypto options like monero (XMR). It can be theft resistant if you set it up properly.
Edit: Mind replying to me instead of downvoting? What is the problem with crypto in this scenario?
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.
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.
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.
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