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Buage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish ·
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14 days ago

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media.piefed.social

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Title

media.piefed.social

Buage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish ·
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14 days ago
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  • BlueFootedPetey@sh.itjust.works
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    14 days ago

    Cash, the value be dammed. Im not trying to sell fucking gold. Im not a fucking merchant

    • Kyden Fumofly@lemmy.world
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      14 days ago

      You don’t sell the gold. You take 10x loans of gold’s worth and use it as collateral. Like banks and billionaires do. Well maybe 100x…

    • Mouselemming@sh.itjust.works
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      14 days ago

      Besides, you never know when the FBI might show up.

      https://www.msn.com/en-us/news/crime/fbi-arrests-former-cia-officer-seizes-40-million-in-gold-bars-from-his-home/ar-AA24htDu

      • OddMinus1@sh.itjust.works
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        13 days ago

        I could see FBI showing up if you try to do something with 500 kg of dollar bills as well.

    • unwarlikeExtortion@lemmy.ml
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      14 days ago

      I’d choose gold. AFAIK most all money laundering rules deal with cash.

      Even if a geine were to give you 500 tons of cash or gold, some governments may have a problem with that and choose to redistribute it.

      Choosing gold makes the value much more liquid in my opinion.

      Not to mention that gold doesn’t rot (unlike USD). In today’s economy gold is probably more value-dense (as in, a pound of gold is worth more than a pound of hundered-dollar bills).

      Currencies also come and go but gold stays. If you’re thinking long-term, gold is the vastly better choice.

      • BlueFootedPetey@sh.itjust.works
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        13 days ago

        If that works for you, fine. Im sticking with cash. The government doesnt know I have it, they wont know to look for it. And it wont start rotting in my lifetime.

    • mbp@slrpnk.net
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      14 days ago

      you can visit my local pawn shop, they give cash for gold

      70m in gold pls

      • JcbAzPx@lemmy.world
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        13 days ago

        Okay, here’s your five dollars. Thank you for your business.

    • WolfmanEightySix@piefed.social
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      13 days ago

      Depending where you are you might not be able to put a that amount of cash in your bank, although it’s easier to use.

      • BlueFootedPetey@sh.itjust.works
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        13 days ago

        O, very little would actually get deposited. But all my groceries and eating out and booze and lots of video games and hobbie shit will just get paid for in cash.

    • stupidcasey@lemmy.world
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      14 days ago

      deleted by creator

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