this post was submitted on 02 Feb 2025
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Asklemmy
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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.
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.
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.
https://www.reuters.com/world/americas/lawmakers-el-salvador-rush-new-bitcoin-reform-after-imf-deal-2025-01-30/
That's what I mean by afraid.
Oh yes I misread your comment. Indeed you are correct.
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...
I've considered some other options:
become an artist and upload "the art" that has a code based ok the number of lines similar to Japanese multiplication with a cipher something like Moriarty uses for text messages but based on the creation date. Common folk will be not be the wiser. Of course that assumes art is not taken down somehow.
cut my arm/hip open and put a micro SD card or projector in there like in the Bourne identity. Probably could just sew it in clothes but no fun in that. BTW cutting arm open for implant takes months to repair so don't recommend. They say 1 month but bs. Took 3.
code is in my paracord based on knots similar to the Futurama nft episode.
Write disguised poem including your wallet seed.
Don't make it fire incase someone wants to steal yo rhymes.