Re:Safe Deposit Boxes Aren’t Safe (2019)
by yellow_lead on Saturday January 07, 2023 @06:50AM
(#34287226)
Yeah, but many people have buried their money and later found it deteriorated beyond use. Make sure to use some good containers if you go that route :)
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Re:Safe Deposit Boxes Aren’t Safe (2019)
by carlosjobim on Saturday January 07, 2023 @06:56AM
(#34287245)
Gold. Nobody buries paper money.
Re:Safe Deposit Boxes Aren’t Safe (2019)
by yellow_lead on Saturday January 07, 2023 @07:04AM
(#34287299)
> Common causes of damage are fire, water damage, chemicals, explosives, damage caused by animals (including consumption of the currency) or damage from extended burying of the currency [1].
Re:Safe Deposit Boxes Aren’t Safe (2019)
by randerson on Saturday January 07, 2023 @11:17AM
(#34289437)
Surprised mold isn't on that list. I make sure to add silica gel packets even to my indoor safe these days due to the poor ventilation.
Re:Safe Deposit Boxes Aren’t Safe (2019)
by yellow_lead on Saturday January 07, 2023 @01:27PM
(#34290976)
I think mold or fungus could be one of the biggest causes of issue within the "buried money" category
Re:Safe Deposit Boxes Aren’t Safe (2019)
by saagarjha on Saturday January 07, 2023 @07:13AM
(#34287360)
Tell that to Walter White…
"Narcos" might not be fully factual - but I think Colombian drug cartels were burying cash.
Re:Safe Deposit Boxes Aren’t Safe (2019)
by sbaiddn on Saturday January 07, 2023 @08:53AM
(#34287956)
When you have their volumes of cash its impossible to launder it.
They don't burry their cash because it makes sense to do so. They do it because it would be impossible to buy that much gold. Or much of anything, really. I wouldn't be surprised if, after expenses, the Treasury is the largest beneficiary of the drug trade through seignorage
if I recall correctly there was a part where they showed some of the cash was ruined.
Re:Safe Deposit Boxes Aren’t Safe (2019)
by INTPenis on Saturday January 07, 2023 @08:50AM
(#34287928)
Actually a lot of people have tried burrying paper money, I guess what you meant is "nobody smart buries paper money".
Re:Safe Deposit Boxes Aren’t Safe (2019)
by briHass on Saturday January 07, 2023 @10:33AM
(#34288905)
One of the best choices is PVC plumbing pipe (schedule 40). It's designed to be buried, and with glued end caps, it's also (obviously by design) waterproof. It has to be cut open, and it obviously wouldn't be good for storing huge amounts of stuff.