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OfflineRenegadeMycologist
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Where to hide money ?
    #27076734 - 12/07/20 08:30 AM (3 years, 1 month ago)

So basically I have a lot of money in the bank, but I fucking hate banks.
I decided to redraw it all, and stash it somewhere around(in) my house. To be easily available, but also hidden from potential thiefs. Of course its paper money regular sized bills.
Safe is out of the question.


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Offlinepolaritymind
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Registered: 10/10/16
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27076811 - 12/07/20 09:29 AM (3 years, 1 month ago)

Not all in one spot for starters. Otherwise, I dont know your house, sometimes there are ceiling panels or floor panels that can be removed, in furniture, classic thing is in a matress but really hard to tell since I dont know your house


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"to affirm life is to also affirm death"
-Albert hofmann


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Offlinedrliquidglitch
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Re: Where to hide money ? [Re: polaritymind]
    #27076902 - 12/07/20 10:41 AM (3 years, 1 month ago)

Have fun when your house burns down. Put it on the blockchain or bury PMs in your yard.


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: drliquidglitch]
    #27076980 - 12/07/20 11:23 AM (3 years, 1 month ago)

Yeah put it on a blockchain to lose value, especially knowing my luck
What is pm (paper money?)

Good point on fire though


Edited by RenegadeMycologist (12/07/20 11:41 AM)


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: polaritymind]
    #27076987 - 12/07/20 11:29 AM (3 years, 1 month ago)

I live in a small house right next to a forest. I have outdoor bathroom with conected pipes. House is 40sq m, small kitchen connected to my bedroom-mainroom. 1 bed 1 couch 1 sofa 1 wardrobe and some pointless shit. I have lot of space outside, i own nearby land (50 acres)
I found a dog in the forest, saved him from starvation, and made him my son. Maybe i can hide money in his dog house


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OfflineskOsH
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Re: Where to hide money ? [Re: RenegadeMycologist] * 1
    #27077063 - 12/07/20 12:17 PM (3 years, 1 month ago)

Hide it in fake pipes that are underneath your house maybe? Idk, reduces fire hazard and I am pretty sure no one would even bother trying to find money there

The only issue is to keep workers away from it if you need work done on pipes. They will know the pipes are not part of the system, most likely, and might find the money and take it

If you want to hide random stuff, put them in a metal container that is put on top of a door (like built into the door with the wood cut out). The container might survive the fire

Also it's a difficult place to check. I always thought that was a good spot


Edited by skOsH (12/07/20 12:19 PM)


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InvisiblebodhisattaMDiscordReddit
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Re: Where to hide money ? [Re: skOsH] * 2
    #27077421 - 12/07/20 05:04 PM (3 years, 1 month ago)

Hide that money in your mind


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: bodhisatta]
    #27078158 - 12/08/20 04:05 AM (3 years, 1 month ago)

Can i hide it in my pussy ?


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InvisiblebodhisattaMDiscordReddit
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27078178 - 12/08/20 04:41 AM (3 years, 1 month ago)

Of course


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InvisibleStudy The CNS
Anecdotal Subtext


Registered: 11/17/20
Posts: 1,588
Loc: Mexico Flag
Re: Where to hide money ? [Re: RenegadeMycologist]
    #27078193 - 12/08/20 04:59 AM (3 years, 1 month ago)

Invest it in multpile organizations that make life better. Keep some cash at home. Some in a different bank. Maybe consider having a jewelry collection. Create a Trust for someone who you want to help, regardless if they earned that Trust or not.


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OfflineSugabearcrisp
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27078218 - 12/08/20 05:44 AM (3 years, 1 month ago)

Gold and platinum will survive a fire. Crypto you might need a hardware wallet that is fireproof or some way of storing the mnemonic key.

Not sure I understand the bank hatred, if you don't trust them then how can you trust fiat currency?


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: Sugabearcrisp]
    #27078328 - 12/08/20 07:52 AM (3 years, 1 month ago)

Gold is very good idea, it crossed my mind as well. But I don't really know if it's legal to posses gold and in what quantity. Gold jewelery is allowed by law, but gold bricks and such, i know nothing about it, i must investigate my country laws.

To put it this way, i don't like banks controlling my fiats, not that i have much trust in fiats more than banks in the first place


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OfflineSugabearcrisp
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27078412 - 12/08/20 09:03 AM (3 years, 1 month ago)

Can you tell us what country you live in?

Not sure how much money you are talking about but a brick of gold is 400oz which is somewhere around $750,000 USD.  Maybe I am misjudging you but I assume we are talking about less than that, which would mean coins, a 1oz coin is worth $2,000 USD


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: Sugabearcrisp]
    #27078475 - 12/08/20 09:40 AM (3 years, 1 month ago)

I live in Serbia.

You are not misjudging, what amount exactly I will not publish here, but those coins mentioned would be more adequate to my needs.

So, is that coin weight some sort of international standard, are there fatter and thiner coins ? And where can I buy them ? I know nothing of gold, but I was thinking about gold for some time already.

Thanks


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OfflineSugabearcrisp
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27078496 - 12/08/20 09:57 AM (3 years, 1 month ago)

Pawn shops and coin dealers would be one option. I will have to check more about your country and get back to you


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OfflineskOsH
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Re: Where to hide money ? [Re: RenegadeMycologist] * 1
    #27078669 - 12/08/20 12:05 PM (3 years, 1 month ago)

Quote:

RenegadeMycologist said:
I live in Serbia.

You are not misjudging, what amount exactly I will not publish here, but those coins mentioned would be more adequate to my needs.

So, is that coin weight some sort of international standard, are there fatter and thiner coins ? And where can I buy them ? I know nothing of gold, but I was thinking about gold for some time already.

Thanks




Well, if you don't know anything about gold, before you buy any, you should be able to identify fake gold from real gold (sometimes fake bars are plated gold and weighted the same as a real bar

In which case you gotta examine bars under some special equipment

I think silver would be better as more people would be able to trade


Edited by skOsH (12/08/20 12:07 PM)


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OfflineKryptos
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Re: Where to hide money ? [Re: skOsH]
    #27081456 - 12/10/20 02:01 AM (3 years, 1 month ago)

Not sure about Serbia, but good luck actually owning gold/silver/platinum you buy. Often, when you buy gold from those websites, you don't actually get the gold, you get a gold certificate that entitles you to gold that remains in their vault. It's a bit like a bank, but like, a 1930s bank.

Also, any house fire you have will melt your gold/silver/platinum into the slag that remains of your house, so, there's that.

If you're buying either as a store of value post-currency devaluation, then you're playing a loser's game. You can;t eat gold, you can't smoke gold, and you won;t be able to trade gold for something that is edible or smokeable when people care more about eating or smoking than a shiny piece of metal. You'd be better off investing in a humidor and a huge stash of cigarettes if you're planning for an apocalypse.

I'd put your money into an insured stock in a stable currency. Invest in the US or EU stock market. Chinese stock market s probably a better store of value, but you won't get nearly the same returns as the US market, because China isn't actively cannibalizing itself to pump the market. Bitcoins if you're ballsy. If the world collapses, it's not like money (or gold) is gonna matter anyway.


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InvisibleAsante
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Re: Where to hide money ? [Re: RenegadeMycologist]
    #27081491 - 12/10/20 02:52 AM (3 years, 1 month ago)

Quote:

RenegadeMycologist said:
Gold is very good idea, it crossed my mind as well. But I don't really know if it's legal to posses gold and in what quantity. Gold jewelery is allowed by law, but gold bricks and such, i know nothing about it, i must investigate my country laws.

To put it this way, i don't like banks controlling my fiats, not that i have much trust in fiats more than banks in the first place





I don't think it will be illegal.

The classical and most recognized form to own gold is the Krugerrand:

:awegold:

A krugerrand is a surprisingly heavy not too big coin that currently worth about €1700 or so, so that a roll of 10 krugs that fits in your hand like a flashlight battery, will store €1700 for you.

Gold is a bit high in price now, if I could get it without VAT and wanted to buy precious metals now I would buy Platinum, such as the Platinum Maple Leaf.

Gold is quite high compared where its been the past decades, platinum quite low.


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OfflineSugabearcrisp
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Re: Where to hide money ? [Re: Asante]
    #27081585 - 12/10/20 05:02 AM (3 years, 1 month ago)

I cannot find any laws restricting gold ownership in serbia. That doesn't mean there aren't laws, gold ownership was highly restricted in the USA up until the 1970s.
I also can understand your distrust of the banks, I have met people from cyprus who lost significant amount of money when the govt seized what they considered excess wealth. I would expect stock holdings would also be subject to seizure in such a situation.
I would recommend only physical gold or platinum. If you can get jewelry more easily melting it and pouring your own bars is not very hard. As I mentioned pawn shops in the us often have gold for purchase with cash, not sure about serbia.
Regarding worth after a crisis, gold always has value because it doesnt decay, is easily transportable and storable.
Precious stones like diamonds are another option, although diamonds will quickly decompose to carbon under sustained heat as low as 350 degrees F. There is a reason why these things are still used for currency.

Regarding fire, do you have a basement? I wouldnt be too concerned about heat melting your gold in a basement but placing it inside a ceramic or brick container should avoid it mixing in with the rest of the debris, and it is not like you can't recover it. Gold is easily recoverable with chemicals and heat, very low tech.


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OfflineRenegadeMycologist
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Re: Where to hide money ? [Re: Sugabearcrisp]
    #27082303 - 12/10/20 02:19 PM (3 years, 1 month ago)

Thank you all !

@christmas dressed bear
Thanks for investigation man ! i will do my homework soon and try to find any laws restricting it.
Unfortunately i don't have a basement. I live like an outkast in the middle of nowhere, so my house is pretty simple. Maybe i could dig one somehow ?!

Pawn shops are not really a thing in serbia, we have maybe 10 p.s. in the whole country, many big cities don't have one. But ive seen some advertisment like "buy gold here" so i guess i can buy it at some other places...

Good point was made by Asante about gold and apocalypse, sometimes i wonder what physical thing could be the best currency in that scenario ?! Maybe weaponry or some tools or fish i don't know.


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