Is it crazy to carry around a bag of cash full of $3,000 with you in case the bank seizes your bank accounts or you lose your AT

Like it's a random weekend and you need money real bad for some severe emergency. Your wallet has been stolen, the bank is seized your bank accounts, and you don't have a penny to your name and you need to pay for some major repairs real quick. Does anyone keep a stash of cash with them hitting somewhere. A large amount?

It's not crazy it's incredibly smart. Also can use as bail money if you randomly end up in jail.

In the US, this would seem crazy. Only criminals bank accounts get seized in the US.

It happens all the time to good people.

The Biden regime has tried to criminalize dissent.

Well the institution is capable of stealing or freezing anyone and everyone's money if it's in bank accounts. They are evil. But also, if you're always carrying cash in large amounts, the wrong person/people could make you a target for robbery. Myself? I sometimes carry large amounts of cash and other times no cash on hand. This undulation minimizes me as a target though. I always have my guard up if necessary, prepared to defend myself. I'm not one to just give up the cash, I'd never do that. You'll have to hurt or kill me to get it out of my hands as I'm a degenerate who does not give a damn and the wrong one to rob.

just ask Greece!

Not with me at all times, but I keep cash reserves hidden in my home. When I was backpacking I hid about $1000 in the backpack.

It is 2024, not 1884 out west.

Sure it's crazy.

I keep all my money in crypto and it's stored safely on my digital crypto wallet. Nothing to steal, I just have to remember the password to the digital wallet.

Wait, what was it again....

Oh, shi_t!

First, most likely a troll, but I am waiting on a call so some time to kill.

You are nuts. Ok let's say you want to keep a stash of cash. Invest in a safe at home then, but physically carrying that around is insane. Better chance of you just losing it.

That is so not true!!!!! Although rare

reason.com

FBI seized $86 million from people not suspected of any crime. A federal court will decide if that's legal.

https://www.facebook.com/EricBoehmWritesStuff/

A federal appeals court will be asked Thursday whether the FBI's seizure of the contents of nearly 1,400 safe deposit boxes violated the Fourth Amendment.

Link:reason.com/2023/12/06/the-fbi-seized-t...

"all the time" is a stretch, but yes it can happen.

reason.com

FBI seized $86 million from people not suspected of any crime. A federal court will decide if that's legal.

https://www.facebook.com/EricBoehmWritesStuff/

A federal appeals court will be asked Thursday whether the FBI's seizure of the contents of nearly 1,400 safe deposit boxes violated the Fourth Amendment.

Link:reason.com/2023/12/06/the-fbi-seized-t...

Why not have a stash of $1000 all in 20s for an emergency?

and what happens to your $$ thousands if the police pull you over and rightly or wrongly suspect you of being a drug dealing (for carrying so much $)...they seize it. ANd good luck trying to get it back.

this is not a smart move.

better to put in a safe box somewhere (buried in the ground)

or multiple sites would be even better

disperse your wealth

It's not just your bank account being seized that's the problem. I once had my bank cash a check that wasn't mine in my bank account and it put my bank account thousands in the negative. I didn't have access to any cash for a week until it all got sorted out.

I know someone else who had something similar happen.

And I know another person whose bank accounts all got frozen temporarily because of some fraud/identity theft problem.

In all three cases it ended up OK in the long run. But for a week, none of us could get any cash out of the bank.

So there are plenty of reasons why your bank account would all of a sudden not have any money in it, besides a seizure.

Plus another time I was in a blackout, and none of the stores credit/debit card machines worked because of no electricity and the stores were only accepting cash.

I don't carry around $3,000 - $5,000 in cash because that's too much. But I do have some extra cash around for emergencies.