spacestr

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PMF
Member since: 2025-08-23
PMF
PMF 13d

SOME TOOLS BECOME COLLECTIBLES โŒš๏ธ๐Ÿš“๐Ÿ”ซ๐Ÿ›‚ Watches initially were just a tool to tell time. A tool whose value was driven by utility --> Now many people have diverse, eclectic and/or themed watch collections for affinity. A $40 quartz timex can keep better time than a $12k Rolex, yet the Rolexes sell. Cars were initially just motor-drawn buggies to get people from point A to point B. --> Now many people have diverse, eclectic and/or themed car collections for affinity. Ferrari, Bentley, Rolls Royce. Firearms initially were just tools for hunting and defense (or offense). --> Now many people have diverse, eclectic and/or themed gun collections for affinity. The list of examples goes on... Some watches, cars and firearms are simultaneously very expensive and unuseful for practical application. They are affinity collection pieces. These were pure tools that with time evolved to adopt a collectability use case as well. We're seeing the nub of a similar development in the world of mobility. Residencies & citizenships were initially one-off legal statuses for a person to live (where they are) or move to another place. For many people, they will remain as such. --> But, now some people will move into having diverse, eclectic and/or themed mobility asset portfolios. Practical utility and collectibility. Mobility assets are: Citizenships, semi-citizenships, residencies (PR or TR), passports (including citizenship-less passports), and legal IDs. Ex: Ukrainian & U.S. citizenships & TR in Paraguay; Ex: U.S. & Iranian citizenships, & TR in Mexico; Ex: Argentine & Polish citizenships, PR in the U.S., & Palau digital residency ID; Ex: U.S. & Vanuatu citizenships, Indian OCI, Dominican PR. Endless examples of combinations. People can have or build unique "collections" based on immutable characteristics (e.g. place of birth) as well as their own actions. What started as pure utility for today will morph into a mix of utility & affinity collecting. With an eye towards the "inheritance" for one's children. Just like what happened with watches, cars and firearms.

PMF
PMF 21d

Your passport and driver license are government property. They belong to the state. Your legal identity belongs to the state.

PMF
PMF 21d

In 10 years, Americans will be telling their kids about something called "true visa-free." "Yea, it was insane. You'd just buy a plane ticket, grab your passport and get on the flight. No forms before you fly, no online applications, no questions about criminal record or previous travel. Passport & flight and then just GO. We didn't really know how amazing that was."

PMF
PMF 23d

Nation-states donโ€™t accept your own proof of your legal identity, but they accept each othersโ€™ proof of your legal identity. Plan your freedom of movement accordingly.

PMF
PMF 28d

But certainly factor in springboard benefits, and value them...at an appropriate discount.

PMF
PMF 28d

The most important and robust benefit of a citizenship in the long term is immediate highest right of entry and settlement in that country. Most other mobility benefits (visa-free access, satellite residency rights, visa-treaties, etc.) rely on consent and functional cooperation with another country. These are springboard mobility benefits. They are subject to degradation or complete loss, as the political and diplomatic winds blow.

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Insights on dual citizenship, passports, freedom, and sovereignty. Lawyer at Malakouti Law.

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