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Re:Moving money internationally by SamReidHughes on Thursday March 03, 2022 @02:14AM (#30538067)
It helps in the case where you can move your body across the border, but not physical property.
Re:Moving money internationally by listenallyall on Thursday March 03, 2022 @02:30AM (#30538173)
Yes, I agree, it certain situations, under certain circumstances, it helps. But the parent comment was "Crypto fixes that", as if it universally removes all barriers and obstacles, which it most definitely does not.

I would also pose a question, in the case where you have to leave NOW in order to cross that border -- would you rather have all your money in a bank with accounts currently frozen, or have crypto keys stored physically in an apartment or bank in an active war zone that you are unable to reach and faces a real possibility of being destroyed/bombed/flattened at any moment?

Re:Moving money internationally by SamReidHughes on Thursday March 03, 2022 @03:05AM (#30538391)
It's an interesting question, and it might depend on what currency the money is denominated in, or what bank. I don't know how I'd manage crypto keys, but it is possible to reduce all your holdings to a 20-word passphrase that you've memorized. So there is the question of whether I've already prepared to bug out. At least for myself, if I fled the country, I don't have any valuable physical property I'd ordinarily take with me when moving, except for a GDM-FW900.
Re:Moving money internationally by craigie on Thursday March 03, 2022 @10:30AM (#30542268)
But so does a credit card... or a deposit in a Swiss bank.