How? I tried to join a crypto exchange and my account was put on hold pending a fucking picture ID and a picture of signed handwritten note!
Pulling large amounts of cash and storing somewhere is risky as hell but seems the only option. Gold and silver is kiked to the moon.
Sounds like you're on the right track. For the time being, I pay with cash. I refuse to do business with credit card only businesses.
Forget crypto. It's ok for transactions, but the IRS has taken away any advantages of crypto by requiring (as you point out) positive identification and taxation of your holdings. Plus Goldman Sachs/(((hedge funds))) causes the exchange rate to fluctuate with commodity contracts.
I'm converting most of my cash into tangible assets like food, solar, real estate, tools, etc. I do keep some cash on hand. You can't completely separate yourself. You can reduce your exposure though.
I have an off grid setup and a good amount of land. It's getting better with every month that goes by.
I just wonder about cash itself. I have a safe that is fine for a bunch of rifles and pistols, not so much for large amounts of cash. There are stories of people burying it and losing it, or the container/safe fails and it turns to mulch and bug food. In a post-America I think individual cartridges (9mm/223) would make good currency.
I'm quickly putting in my off grid system now. It's based on an AIMS 6Kw split phase low frequency inverter, 10Kwh Dakota LIFePo4 batteries and 12 panels that should produce about 12Kwh in 3 hours of sunlight. So we'll see how that works.
Try to convert your cash into real estate or assets for your home. Some cash will be necessary, for now. Just be prepared for a total dollar collapse. I'm not sure you can even buy real gold anymore.
(post is archived)