MDB on Nostr: How to transfer $10M worth of assets across borders: Let’s consider the options. 1/ ...
How to transfer $10M worth of assets across borders:
Let’s consider the options.
1/ Gold is heavy.
$10 million in gold (~327 pounds),
can be transported via couriers or stored in vaults,
but demands extensive security and faces customs scrutiny.
2/ Silver is bulky and impractical
$10 million in silver (~25,000 pounds),
can be transferred using certificates or custodial services,
but its bulk makes physical transport nearly impossible compared to gold.
3/ Diamonds are lightweight and portable
$10 million in diamonds (20-30 stones),
can be carried or couriered discreetly,
though it requires expertise for verification and its value is subjective.
4/ Fine art is valuable but needs documentation
$10 million in a single painting,
can be securely transported through specialized shippers,
but requires proof of authenticity and may involve legal or tax complications.
5/ Luxury watches are compact and valuable
$10 million in high-end watches (10-100 pieces),
can be carried or shipped,
though they need certificates and may face customs checks.
6/ Bitcoin
12/24 words in your mind,
Transfer from $10 million to $1 billion, anywhere, with zero physical limitations.
Probably nothing...
Let’s consider the options.
1/ Gold is heavy.
$10 million in gold (~327 pounds),
can be transported via couriers or stored in vaults,
but demands extensive security and faces customs scrutiny.
2/ Silver is bulky and impractical
$10 million in silver (~25,000 pounds),
can be transferred using certificates or custodial services,
but its bulk makes physical transport nearly impossible compared to gold.
3/ Diamonds are lightweight and portable
$10 million in diamonds (20-30 stones),
can be carried or couriered discreetly,
though it requires expertise for verification and its value is subjective.
4/ Fine art is valuable but needs documentation
$10 million in a single painting,
can be securely transported through specialized shippers,
but requires proof of authenticity and may involve legal or tax complications.
5/ Luxury watches are compact and valuable
$10 million in high-end watches (10-100 pieces),
can be carried or shipped,
though they need certificates and may face customs checks.
6/ Bitcoin
12/24 words in your mind,
Transfer from $10 million to $1 billion, anywhere, with zero physical limitations.
Probably nothing...