"Bearer Assets"

[0xDEADBEEF]

on a side note, why are people concerned with matters like carrying all net worth around in a physical form

Your way of thinking is living in the best case scenarios, others prefer to prepare for the worst case scenarios.

 

[Marketint]

on a side note, why are people concerned with matters like carrying all net worth around in a physical form - who and why is about to confiscate things? I don't hear anything in the news about any appropriations by governments or anything like that. why not keeping stocks, and a few cash balances in large stable banks in a few countries is not good enough of a solution? (some in personal accounts, some on the balances of incorporated firms, and the rest in stocks and crypto let's say, isn't it optimal? unless one believes that the internet will all go offline after another solar eclipse etc ).. is it because of inflation or what? a basket of a few major currencies could work, I think. although if the inflation rate is high across the board, it wouldn't . just curious what's the main reasoning behind diversification into bearable assets could be

Many reasons.

For example the new registers they want ( Registratie van edelmetaal door EU - Goudzaken ) . Who started with register people in Europe? As we know napoleon started. Hitler did it in the Netherlands and some others. In my opinion it where mostly not the good guys that came with such ideas. It doesn’t mean I compare them with the current EU leaders but a soon if governments start to register more and more keep your eyes open.

Second reason. Many tax authorities freeze your assets when you have a problem with them. This don’t have to mean that they are right about it.
Bijna helft belastingzaken verloren door fiscus, maar de verschillen zijn groot ( sorry again Dutch) . As you can read Deloitte confirms that the Dutch tax authorities lost 45% of the cases in court. I think this says enough how fair they are? The trick is to put you in the corner and make a settlement with you.
This is the one most effective strategies they use too keep people in line .

Fyi the current tax laws in the Netherlands are introduced and written by the nazis. They keep it after the war. So probably it didn’t sound that bad too them. Most are still here. For the Dutch who want to read a book about it Belast verleden . Most of this guys don’t care if they have to go after Jews, tax evaders or just the local plumber .

 

[JackAlabama]

Many reasons.

For example the new registers they want ( Registratie van edelmetaal door EU - Goudzaken ) . Who started with register people in Europe? As we know napoleon started. Hitler did it in the Netherlands and some others. In my opinion it where mostly not the good guys that came with such ideas. It doesn’t mean I compare them with the current EU leaders but a soon if governments start to register more and more keep your eyes open.

Second reason. Many tax authorities freeze your assets when you have a problem with them. This don’t have to mean that they are right about it.
Bijna helft belastingzaken verloren door fiscus, maar de verschillen zijn groot ( sorry again Dutch) . As you can read Deloitte confirms that the Dutch tax authorities lost 45% of the cases in court. I think this says enough how fair they are? The trick is to put you in the corner and make a settlement with you.
This is the one most effective strategies they use too keep people in line .

Fyi the current tax laws in the Netherlands are introduced and written by the nazis. They keep it after the war. So probably it didn’t sound that bad too them. Most are still here. For the Dutch who want to read a book about it Belast verleden . Most of this guys don’t care if they have to go after Jews, tax evaders or just the local plumber .

ive heard some pretty bad stuff from the Dutch tax, thwarting even Germany.

 

[tyrexoid]

Many reasons.

For example the new registers they want ( Registratie van edelmetaal door EU - Goudzaken ) . Who started with register people in Europe? As we know napoleon started. Hitler did it in the Netherlands and some others. In my opinion it where mostly not the good guys that came with such ideas. It doesn’t mean I compare them with the current EU leaders but a soon if governments start to register more and more keep your eyes open.

Second reason. Many tax authorities freeze your assets when you have a problem with them. This don’t have to mean that they are right about it.
Bijna helft belastingzaken verloren door fiscus, maar de verschillen zijn groot ( sorry again Dutch) . As you can read Deloitte confirms that the Dutch tax authorities lost 45% of the cases in court. I think this says enough how fair they are? The trick is to put you in the corner and make a settlement with you.
This is the one most effective strategies they use too keep people in line .

Fyi the current tax laws in the Netherlands are introduced and written by the nazis. They keep it after the war. So probably it didn’t sound that bad too them. Most are still here. For the Dutch who want to read a book about it Belast verleden . Most of this guys don’t care if they have to go after Jews, tax evaders or just the local plumber .

why the local population call their country a democracy then if they are not free to even have a choice to replace laws that are outdated and so on, do they believe that democracy is a thing and that they really do elections and all, or they simply don't care as long as standard of living is bearable and "not like in the scary 3rd world countries that we saw on TV" they're good with whatever the authorities will do to them, as long as they believe it's all for their own good? basically the population in these countries are as brainwashed as the Russian rural villagers who go to war at the moment "for the glorious motherland of Russia", just at the other side of the brain?

where do the people really control their democracy and their fate of what happens to them, more or less, through a democratic process, is it the US then? many states really do lean towards this or that, and their elected officials do push through, on these topics and demand something based on what the majority of state population has voted for, is that correct? (more or less on average I mean, of course there are exceptions, as long as a human factor is in place, there will always be exceptions)

 

[Marketint]

why the local population call their country a democracy then if they are not free to even have a choice to replace laws that are outdated and so on, do they believe that democracy is a thing and that they really do elections and all, or they simply don't care as long as standard of living is bearable and "not like in the scary 3rd world countries that we saw on TV" they're good with whatever the authorities will do to them, as long as they believe it's all for their own good? basically the population in these countries are as brainwashed as the Russian rural villagers who go to war at the moment "for the glorious motherland of Russia", just at the other side of the brain?

where do the people really control their democracy and their fate of what happens to them, more or less, through a democratic process, is it the US then? many states really do lean towards this or that, and their elected officials do push through, on these topics and demand something based on what the majority of state population has voted for, is that correct? (more or less on average I mean, of course there are exceptions, as long as a human factor is in place, there will always be exceptions)

somebody else has share it here also a while ago. I think he explain it very well about how they can brainwash an entire generation. And this is far outdated content. There is also a longer version.

I mean look at the kids school books what’s written in it. The current state of propaganda is really far. They have so much technologie now.

He has also 3 audio tapes at Storytel. Probably you can find it for free somewhere. Maybe even on YouTube.

I think that a really democratic don’t exist. I prefer countries where they leave you more alone.

I must say I know less about USA . Never been there and never had a business.

I would like to go through the books from my primary school days, but I no longer have them. I am so curious how I would now look at it. Also hard to find from here.

 

[wellington]

on a side note, why are people concerned with matters like carrying all net worth around in a physical form - who and why is about to confiscate things? I don't hear anything in the news about any appropriations by governments or anything like that. why not keeping stocks, and a few cash balances in large stable banks in a few countries is not good enough of a solution? (some in personal accounts, some on the balances of incorporated firms, and the rest in stocks and crypto let's say, isn't it optimal? unless one believes that the internet will all go offline after another solar eclipse etc ).. is it because of inflation or what? a basket of a few major currencies could work, I think. although if the inflation rate is high across the board, it wouldn't . just curious what's the main reasoning behind diversification into bearable assets could be

What you want in a world we are entering (possible war escalation, debasement and debt enslavement, political/socitial collapse) etc.

Is rather simply, but not many are willing to do it.

1) Physical assets in various safe havens -> be that property/bullion/cash that is either direct or non-direct.
2) Access to secondary citizenship either current/immediate, and by this i don't mean if French, having Spanish i mean if Spanish having Argentinian.
3) Digital bearer assets.

4) Willing to sacrifice yourself for your family. -> Whether that's a bullet to the head or a trial and imprisonment
- I.e you have your entire wealth in Bitcoin/Shitcoin
- you go to prison refusing to hand over keys for some form of forced seizure by the state -like the gold seizures in the US.
- your kids move they can start again elsewhere (this is how the poor moved to the West) now it needs to work in the opposite.

If you are not willing to do number 4, then you basically may as well remain, pay the higher taxes (see canada), be debased (see canada), have your wealth inflated away by inflated variable goods and services (see canada).

somebody else has share it here also a while ago. I think he explain it very well about how they can brainwash an entire generation. And this is far outdated content. There is also a longer version.

I mean look at the kids school books what’s written in it. The current state of propaganda is really far. They have so much technologie now.

He has also 3 audio tapes at Storytel. Probably you can find it for free somewhere. Maybe even on YouTube.

I think that a really democratic don’t exist. I prefer countries where they leave you more alone.

I must say I know less about USA . Never been there and never had a business.

I would like to go through the books from my primary school days, but I no longer have them. I am so curious how I would now look at it. Also hard to find from here.

Only have to look at BBC documentaries on WW2 in the 50-60s and compare to their modern equivalents

Last I see in Europe or rather the UK is a push gently on onwards socialism supported by authoritarianism under the guise of protecting you”.

I was out this evening with a friend and his father, his grandfather father was a Nazi - we were discussing CBDCs etc and so on and he said if the Nazis had this and their covid like passports they’d have wiped out all of their “undesirables” very quickly

 

[Frank in Bangkok]

So, what are practical ways to get acquainted with "bearer assets".

Say, for EUR 10,000.
Or maybe EUR 100,000.
And what about EUR 1,000,000.

What are possibilities to convert fiat into "bearer"?

Or crypto into bearer?

Gold, silver, of course ... but that's heavy and very "noticeable".
Expensive watches ... maybe, but not very liquid.
Real estate ... the nose of government is already inside that tent.

If I had to pick, right now, with no further research or discussion,
it would be a commercial fishing boat: small, common design, and in daily use catching fish.
True, not so liquid, but very portable and, in troubled times, a tool for making an income.
Maybe more than one boat ... and rent/lease to experienced fishermen.
I wouldn't "bear" it, but it could "bear" me and my family, if needed.
(During the war in Vietnam, a lot of fishing boats caught a lot of gold fish for carrying Vietnamese from Vietnam to The Philippines. I employed members of one of those families and heard their story.)

And if I had to pick one more it would be to learn another language.
Which I have been doing all of my adult life ... investing spare funds into language training.
Can carry that asset around in my brain.
Knowing other languages can not really be bought or sold, but it very much facilitates buying and selling.

And if you insisted on a third guess, it would be to learn and acquire tools of
a manual trade that was likely to flourish for at least another 20 years in the future.
A trade that did not require a license from the state.
One example might be diesel mechanic -- either fixed or "marine".
Another might be "operating engineer" for cranes and earth moving equipment.

And with that I'm fresh out of ideas.
Can anyone else carry on?

(Note: this post may be a little rough, because I didn't finish editing before the cut off time.)

 

[AndyAresa]

So, what are practical ways to get acquainted with "bearer assets".

Say, for EUR 10,000.
Or maybe EUR 100,000.
And what about EUR 1,000,000.

What are possibilities to convert fiat into "bearer"?

Or crypto into bearer?

Gold, silver, of course ... but that's heavy and very "noticeable".
Expensive watches ... maybe, but not very liquid.
Real estate ... the nose of government is already inside that tent.

If I had to pick, right now, with no further research or discussion,
it would be a commercial fishing boat: small, common design, and in daily use catching fish.
True, not so liquid, but very portable and, in troubled times, a tool for making an income.
Maybe more than one boat ... and rent/lease to experienced fishermen.
I wouldn't "bear" it, but it could "bear" me and my family, if needed.
(During the war in Vietnam, a lot of fishing boats caught a lot of gold fish for carrying Vietnamese from Vietnam to The Philippines. I employed members of one of those families and heard their story.)

And if I had to pick one more it would be to learn another language.
Which I have been doing all of my adult life ... investing spare funds into language training.
Can carry that asset around in my brain.
Knowing other languages can not really be bought or sold, but it very much facilitates buying and selling.

And if you insisted on a third guess, it would be to learn and acquire tools of
a manual trade that was likely to flourish for at least another 20 years in the future.
A trade that did not require a license from the state.
One example might be diesel mechanic -- either fixed or "marine".
Another might be "operating engineer" for cranes and earth moving equipment.

And with that I'm fresh out of ideas.
Can anyone else carry on?

(Note: this post may be a little rough, because I didn't finish editing before the cut off time.)

Thanks for your perspective. You wrote that you studied foreign languages all of your adult life. Which languages did you choose? and what methods/tricks to learn a language did you find most effective?

 

[wellington]

No money in commercial fishing….

 

[Frank in Bangkok]

No money in commercial fishing….

Correct, @wellington, but the point is something that holds value and can be moved easily.
Isn't that the definition of "bearer assets"?

Fishing boat can used easily almost anywhere (near water).
Not looking for big money in bad times.
Just looking to hold some value, and maybe put food on the table and a roof overhead.
What bearer assets do you suggest, exactly?

 

[JohnLocke]

What about expensive jewelry and watches, it can always be easily traded and one can wear it in most countries without being attacked.

 

[Frank in Bangkok]

what methods/tricks to learn a language did you find most effective?

The answer to that question is worth a lot to people who want or need to understand languages.
Maybe someday I'll figure out a way to "monetize" my experience.
If you have any suggestions for doing that, @AndyAresa, please let me know and maybe we can work out a trade so you can get answers to your questions.

Here's a free "preview".
From the perspective of "bearer assets" which languages to learn is not so important.
Thinking ahead some years, a good language to learn now could be Hindi.
Or perhaps Texan !
(Don't laugh. With all the "brain drain" out of California into Texas, could be quite useful.
And for those who don't think "Texan" is a language, well, just try to do business there without it.)

What is far more important than any specific language is learning how to learn languages.
That's the essential skill.
With that in your brain, you'll have a valuable bearer asset you can take anywhere.
And it can never be assessed import duty or confiscated by customs.

Well, as long as I am giving away one free preview, might as well give away another one.
Learning to speak or read a foreign language is not so important these days.
A.I. and various other translation programs already do a great job of that on any smart phone.
The value is learning the cultural foundation, the values and behavior of the people who use that language.

Already I've realized huge returns on my investment in languages as a "bearer asset".
Not necessarily the kind of returns that can be quantified in a ledger,
but the kind that have benefits in daily life and doing business.

I wish now -- at this advanced age -- that in previous years I had put even more time and effort into learning more about languages.