JOHNNY DOETHE LIFE WHISPERER

Is there any practical and recent guide on using crypto to store and move money around the world?

Neo29

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Neo29New MemberAuthor
Joined
Oct 2023
Messages
15

#1

I'm not very familiar with crypto so would love to learn more. I have assets in three countries and am looking at ways to move and spend money securily while keeping it out of the eye of greedy governments.

JohnnyDoeSchrödinger‘s guy
Joined
Jan 2020
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10,049

#2

Is your goal to convert your assets into crypto?

Neo29New MemberAuthor
Joined
Oct 2023
Messages
15

#3

A proportion of my assets, yes.

JohnnyDoeSchrödinger‘s guy
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Jan 2020
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10,049

#4

What are these assets? Where are they located? What's the amount you want to convert into crypto?
There are no cookie-cutter solutions for this type of needs, as every situation is different.

Neo29New MemberAuthor
Joined
Oct 2023
Messages
15

#5

USD and GBP with international brokers (DeGiro, eToro, IB) and UK banks. Some Euros with an EU bank. Would need access to these funds from South Africa.
Looking at something like $250K.

PercyNew Member
Joined
Oct 2022
Messages
18

#6

I do no know of a guide as such but a series of very well written articles on how to buy, hold and spend Crypto (anonymously) can be found on the SparrowWallet website. SparrowWallet is an open source, non custodial wallet and their literature is very well written, although it specific to Bitcoin. For more general advice I would suggest looking at privacytools and privacyguide, the section about crypto generally.

moneyhoneyActive Recruit
Joined
Aug 2019
Messages
189

#7

I'm looking for the same as the OP, just have the opposite need: bringing crypto to the "real world".

PercyNew Member
Joined
Oct 2022
Messages
18

#8

moneyhoney said:

I'm looking for the same as the OP, just have the opposite need: bringing crypto to the "real world".

There are people here that could potentially help with that, always dependent on the particular circumstances of your situation. Do a search and you will find them. As always, do your due diligence first. Someone that might help or at the very least offer some sound advice would be @JohnnyDoe.

EliasITFake user - Alias of JohnLocke
Joined
Dec 2010
Messages
2,153

#9

So if you really have so much money either in crypto or in EUR/GBP, then it's not difficult to get it exchanged for one or the other. There are countries like Dubai, Switzerland, Cyprus, and some others that allow crypto to be used for payments for houses, cars, various luxury items, etc. You must get on a plane and seek it out, you can't always sit in front of a screen and think that you can solve it that way.

Granted, you can get inspiration from here, but in my opinion, action takes place in the real world.

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