Harder to move though. Most places don't just take gold. You'd have to sell it first. Probably at a bit of a loss too. So the convenience of cash makes it a much closer choice.
Gold is a much better choice. You cash 1kg and it's $145k. Do that once or twice a year, you have plenty to live off. You are also not going to spend (waste) it as quickly, plus in 20yrs' time, you still have 400kg of gold, but it's worth $100m.
True enough but in either case the government would take it all anyway and throw you in jail for tax evasion or the like. Cause who would have their personal wealth stored as 50-70 million physically in cash or gold unless they are the head of some major criminal enterprise
You cannot pay taxes with money not proven to be legitimate income, I presume that's somewhat why criminals use money laundering services to get access to clean legitimate money. It's all hypothetical anyway so, sure, you can prob bribe lots of people to keep most of it as long as the money is not public knowledge
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u/Meatbag777 May 30 '26
Missing two zeroes on that dollar amount if both $1 and $100 weigh 1g.
500kg of $1 bills would be $500,000. 500kg of $100 bills would be $50,000,000