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Keeping your life savings in cash under your mattress is more stressful than relying on a bank.


Do you need me to hold your hand when we cross the street?


I'm not crossing a street with you if you're carrying $500K in your backpack everywhere you go.

Physical possession of wealth is a bad long term strategy. Eventually people WILL find out, and you WILL become a target.

One of the main functions of government is private wealth protection. Banks are a feature, not a bug.


How do you move $500K to another country? My country of origin goes apeshit when I send my parents $2000.


China will go apeshit if you try to use Bitcoin to move $500k to another country.

Transferring 500k between most developed countries should be easy enough, I'd probably talk to both banks first for such a large amount.


> I'd probably talk to both banks first for such a large amount

I don't need to ask anyone to move bitcoins.


You need to ask someone (provide ID, KYC probably) to convert them into a currency you can spend widely though.


Not if you're moving to El Salvador!


Fair enough you could have a life of chicken tenders there


The ultimate goal is to make such conversions unnecessary.


And when they do and I do, I have a large cache of weapons and ammunition to wave at them with.

If you think the government is protecting your wealth, you're incredibly naive.


So you have to be strapped whenever you want to visit Starbucks? No thanks.


Lol no. Technically I can be because I'm in an open carry state but I only do that if I'm out in the wild or traveling solo late at night.


Funny enough with Bitcoin you have done 90% of the mugger/robber's job for them by holding the money in a criminal-friendly format.




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