Traveling With Cash, Gold, Diamonds, or Crypto
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- Опубліковано 14 жов 2024
- A client offers to pay you in cash, gold, diamonds, or crypto and you need to fly back to your office. In today’s video we will talk about rules and laws around that and some of the problems you may run into.
RedMesa.io
Crypto… how cliché. I prefer to transport my wealth in Pokémon cards. It’s the future. And the best part is, if the government ever confiscated them, I will go down in history as the guy responsible for an asset forfeiture case captioned U.S. v. Pikachu. 👍
My idol comenting on a random video I searched? We must be equally autistic
One rare coin NGC rated. Done.
Fancy seeing you here lol
Lol LPL I was thinking the same thing. I've got my magic cards. I'll just lug a suitcase full of dice and decks. You know how long it would take them to figure out I had more than 10gs in magic cards?
The $10k limit, to travel outside of the U.S. has never been adjusted for inflation,
since it was established, decades ago! All American airports need to have signs
posted, that clearly define how much cash people can carry, in & out of the U.S.
plus TSA & all law enforcement agencies need to abide by!
a crypto wallet with access to all the popular currencies storing all of them in any amount can be described as a list of 12 (or 24) code words. you don't really need anything physical to travel with crypto if you were to memorize the code word list. install a fresh wallet on a device at your destination, put in the code words, and voila! you have access to all your currencies as if you were at home 😎
if you forget the list without an accessible backup somewhere then yes, you do lose everything. you get unlimited tries to guess a recovery though. you are well advised to keep a copy of the list in a safe place back home 🙂
it's interesting to realize that a crypto-wallet containing an arbitrary amount of currencies in unlimited amounts depends on no hardware or media. your ownership of it comes down to merely keeping a list of words secret 🤫
agreed....that´s the only realistic safe solution.....by this time airport controls have to know what a hardwallet is
Man you channel should get more views love ur vid ❤
I Once flew with Kidney Stones, they weren't precious
Lol.. until the govt decides to cancel crypto. All it takes is a media campaign and it's over. No way to extract that into a physical or usable medium..
Oh, so this is what 1.5x is for
Can I just pilot it in my check bag
Idea. The UK Britannia is legal tender and has a face value of £100 but the gold in it is worth about £1650 today. I carry 10 of these and declare them as £1000. Is that legal ?
Nope, they will multiply the spot price for the amount of ounces you carry to verify they are under 10k, in most countries.
Yes so I'm traveling to Puerto Rico puerto rico is US.
It's not a state.but
Is US you travel from US to US So if. Yes? Decided. Ti Take.
A $100.000 in cash. Do I have to declare?
I'm fine domestic Can you please inform me and by the way I like your video it helps very cool thanks
So buy crypto then cash back out and get taxed?
get taxed what? you get taxed on speculative gains. but at the same buy/sell price, zero tax. why should they tax you? if you change dollars in euros, you also wont get taxed. but yeah, just try to appear smart by writing your accusation as a rethorical question xDDDD
hodl bitcoin forever, only cash out what u need
Do Traveler's Checks still exist???
I was thinking the same thing!
@@rongendron8705 LOL
Sounds good. But don’t have any crypto lol
Gold jewelry trumps gold bars
Only if it’s not new and you have a receipt.
@@richardlove4287 what u mean ?
How do I buy crypto with cash? I have plenty of cash
are you talking cash on hand or cash in the bank...cash in hand...you go to a crypto ATM ..put cash in and convert to crypto. You have to get a cold wallet to store on threw your phone...and no one will ever get to it with out passcode. research cold wallets...tangem wallet very good..water and EMP protected. Looks like a debit card. You can also get a visa crypto debit card and spend it like any other visa or debit card. You can leave the country and use it anywhere. There are plenty of videos on youtube to show you. A guy in Germany got divorced and wife said he has crypto...court ordered him to show..he said I forget my password. They threw him in jail for 3 months while the tried to hack his crypto wallet...never happened. They released him after 3 months. He left Germany to a country he could not be touched...He had 50 million in bitcoin...wife got nothing.
Crypto atms, crypto traders. There are lots of meetup sights. You can meet with someone in person and they will trade it to you directly.
In Africa we don’t have crypto 😢still not helpful
Yes we have, I’m African and have several wallets
You still get taxed on crypto.
Usdc on a crypto wallet
Genius
Yes👍👍
You cannot travel with Crypto. You can't even hold it in your hand.
My good sir, you make good points. However, you overlooked one important detail. 😂how will you put that +1Mil in your bank account😂.
Soon as you deposit that +1Mil, your name will be on so many lists😂. They will want to know where you got that money and HOW DID YOU GET IT IN?😂
That my friend is a can of worms you dont want to open.
Talk to Hunter; buy a painting??? ALLEGEDLY
If you know you know, you don't know