Which Offshore Bank Can you Trust with $1,000,000 Dollars?

[Scanman]

ckinski said:
you could buy bitcoin for 1mio, there is no proof, that the bitcoins belonging to you,
and you can exchange them anytime back to bank transfer or cash
Click to expand...

Until the next day when you 1 million is now worth 840,000 and the the day after that it's worth 922,000 and then 740,000.... Bitcoin is not a practical way to store money. By all means speculate and invest, but treating it as a mean of savings is not realistic. Then there is the cut exchanges take, and the faff of their verification processes for large amounts transferred to FIAT. Then there is a mater of where to deposit it, source of funds, capital gains tax etc. Granted you can cash out small amounts very anonymously. But 1 million if you want to liquidate it is no simple mater. I'm curious why you think it is viable?

 

[JohnLocke]

With such money I agree it's not to be stored as bitcoins, the risk to loose it all is too high. On the otherhand, you cna also be lucky.. but business is not all about luck! 🙂

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[offtalk]

Can you sell back the bullions on bullionstar and withdraw it in BTC?
Is bullionstar safe and reliable?
Do they require any documentation when opening or withdrawing the account?

 

[Okanda Fernando]

get some gold and keep gold in safe