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Author Topic: Where do you keep your fiat?  (Read 1861 times)
Soros Shorts
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September 17, 2014, 02:49:20 AM
 #21

In the bank and in some shoe boxes.
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September 17, 2014, 06:39:06 AM
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 keep about 50% of my savings in bitcoins and another half at bank
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September 17, 2014, 06:48:51 AM
 #23

I feel ashamed but I have to keep my fiat in the banks for the moment,
I believe in bitcoins but it's too risky and I invested in it only what I could afford to lose.

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September 17, 2014, 06:56:43 AM
 #24

Secure , minimum risk fiat based investment and pretty well of with it.If you're not investing or spending your fiat then there is no point in holding them in the first place.


Ironically owning bitcoin  might be considered to be a fiat based investment, albeit a one with vastly  varying degrees of security and definitely not minimum risk.
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September 17, 2014, 07:02:25 AM
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I kept it in a submersible Pelican case, but lost it all in a tragic boating accident.
I believe this story Smiley
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September 17, 2014, 07:11:14 AM
 #26

I take 10% of all income and purchase Bitcoin with it, which then I spend on cloud mining to help build it up over time. Now that Coinbase offers insurance in case of something happening to their master wallets, as well as offering a 'vault' I might change my payout addresses to such.

The rest is fiat, because all of that remaining amount goes to bills and college expenses.
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September 17, 2014, 07:13:30 AM
 #27

mostly in banks, best place to keep my money secure
but for small amount i hold my money in online wallets like skrill,PM and Paypal
but final destination is BANK :
for safety and security

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September 17, 2014, 08:03:09 AM
 #28

I believe it's great to diversify risks by storing/investing fiat in various instruments, such as bonds and shares. Bank deposit, as the most conservative option, should also be respected. I also use fiat to trade futures.

Bootstrap your own future.
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September 17, 2014, 04:13:36 PM
 #29

About 80% in a checking account, 10% in a money market account, and 10% in cash in the house.

I use cash as much as I can to avoid the tracking from credit card companies.  I probably only use a credit card for fuel purchases for my vehicles and for internet orders.
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September 17, 2014, 05:50:02 PM
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I leave some Fiat in multiple betting sites due to the risk of bank bail-ins.
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September 17, 2014, 06:13:08 PM
 #31

Either one of three places, in my bank, on my person or a top secret bunker also know as my mattress.  Best to not put all your eggs in on basket or you could be left with a empty basket with little to no options.
-Pro tip:  Diversify your eggs!
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September 17, 2014, 11:29:49 PM
 #32

pocket and bank
Soros Shorts
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September 18, 2014, 01:03:10 AM
 #33

Oh yeah, I also have a 55 gallon drum (about 60% full) in a storage locker filled with change. Took me 20 years to collect it, and it is now too heavy to move.
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September 18, 2014, 02:46:50 AM
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Oh yeah, I also have a 55 gallon drum (about 60% full) in a storage locker filled with change. Took me 20 years to collect it, and it is now too heavy to move.
I sense scarcasm, however some people do actually do this. Maybe not with 55 gallon drums but with 5 gallon jugs (the are designed for water).

I have personally filled a 5 gallon jug with change before. When I went to cash it in at coinstar at the bank they made me either open an account or pay ~5% of the amount changed. Needless to say I opened a useless account in order to save ~$40
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September 18, 2014, 03:28:13 AM
 #35

Oh yeah, I also have a 55 gallon drum (about 60% full) in a storage locker filled with change. Took me 20 years to collect it, and it is now too heavy to move.
I sense scarcasm, however some people do actually do this. Maybe not with 55 gallon drums but with 5 gallon jugs (the are designed for water).

I have personally filled a 5 gallon jug with change before. When I went to cash it in at coinstar at the bank they made me either open an account or pay ~5% of the amount changed. Needless to say I opened a useless account in order to save ~$40

I too sense sarcasm, if it's too big to move: how did he get it to the storage locker?

Your lies are full of holes Soros and everyone knows it.

Horses in midstream.
zorke
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September 18, 2014, 05:49:06 AM
 #36

Oh yeah, I also have a 55 gallon drum (about 60% full) in a storage locker filled with change. Took me 20 years to collect it, and it is now too heavy to move.
I sense scarcasm, however some people do actually do this. Maybe not with 55 gallon drums but with 5 gallon jugs (the are designed for water).

I have personally filled a 5 gallon jug with change before. When I went to cash it in at coinstar at the bank they made me either open an account or pay ~5% of the amount changed. Needless to say I opened a useless account in order to save ~$40

I too sense sarcasm, if it's too big to move: how did he get it to the storage locker?

Your lies are full of holes Soros and everyone knows it.
In theory the drum could have been empty when it was put in the storage locker and he gradually filled up the drum over time. I cannot imagine why he would pay for a storage locker over the course of 20 years just for a way to keep a bunch of change "safe". I also cannot imagine going to a storage locker for the sole purpose of putting a little bit of change in a "piggy bank"

If he was serious then he could take out parts of the change gradually and put in into separate containers and take the containers to a coin counting/exchanging service.
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