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2024-09-14 16:00:56

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...
Author Public Key
npub1ddxxz2v3zvk0f3krjrww4tn4qsdej496f7wyvkk2wzltx5yptfts6mfrmf