It just occurred to me: I should put my USD and GBP cash in the #bank.
They've just been sitting in my travel wallets, inside my travel backpack, at home. (Yeah, I got stuff designated for #travel.) I haven't done any traveling in over a year. And it doesn't look like I'll be doing any traveling soon. *sigh* 🙁
So I must do the smart thing: deposit the USD and exchange the GBP. If those countries change their bills, the old cash become useless. ☝️
@evelynyap You should consider buying cryptocurrencies, it's a good way to keep "useless" money for a long time. Safe from printed money risks, mostly safe for long term holding. Also possibly a worthy investment.
I stay away from things I don't understand well.
It's a good idea, but even #tech savvy people have lost access to their crypto wallet. They got in early and now that the value of their #crypto #currency has gone up they realize they either lost the wallet or forgot how to access it.
I'm safer staying away from that... for now. 🙂
@evelynyap If you have to pay any exchange fees it might not be worth it.
Of course it depends on how much we're talkin' about. 💰
I keep several currencies, but it's not big money. Just enough to get me to a hotel or currency exchange. 💱
The USD I'll put in my USD account; my bank doesn't charge a fee for that. Depositing/withdrawing other #currencies have a fee though. Don't know why. 🙄
I don't mind the bank's conversion rate & they don't charge extra fees. So I'll change the GBP to local #currency. 👌
Generalistic and moderated instance.