Bitcoin and Divorce: A Match Made in Heaven?

[alyssa85]

http://bitcoinist.net/bitcoin-and-divorce-a-match-made-in-heaven/

There appears to be a new weapon in the battle for divorce by vindictive estranged partners: bitcoin. Yes, it turns out that bitcoin is causing a bit of a stir in the legal community. In many countries wealth isn’t divided equally based on how much a person earns, but how much is contributed to the marriage. An example of this is a man with a hefty income and a wife who acts as a housewife who raises the kids and does the housework – a feminist’s nightmare, but sadly a situation that is still prevalent in today’s society – will be entitled to equal funds as it’s considered by the judge that they have both contributed evenly to the marriage: his funds and her time and effort in raising kids and keeping a house. This has led some desperate men (and women) to seek ways to hide their money and that is where bitcoin has stepped in.

[knowhow]

Well never thinked about it but how to hide money into bitcoin without the wife knows lol,usually they know your payment ammount if something isnt there she will ask where it is.I dont mind to share with my wife she knows i have some bitcoin but that doesnt mean she will want them,but well sure if a divorce happens she can ask for it.

[lumeire]

Today hiding from money from your wife, tomorrow money laundering. 

[tobacco123]

This is really not the right way to use bitcoin. This will only make bitcoin a bad currency with prevent the mainstream adoption.

[SFR10]

I doubt this is actually applicable since nowadays, they monitor all the income (at least in my country) and even if someone decides to hide all of his wealth into BTCitcoin, there will still be evidence of his/her earnings left for judges to check. The only way is as if someone earns BTCitcoin directly, without anyone noticing it (and if the government he is in, doesn't ask as well).

[DimensionZ]

This is a very smart way to conceal what money you are making from your partner. Of course people who receive salaries from government jobs can't apply to this but people who are self-employed or own a private business can very easily hide most of their cash online if they give their accountants false data.

[SpanishSoldier]

Today hiding from money from your wife, tomorrow money laundering. 

I think, there are brighter aspects we should discuss about.

[Denker]

Yes ok Bitcoin can be used to hide wealth from your wife.
Ever heard of marriage contract? A good made and fair contract and there will be no issues after divorce!

[LFC_Bitcoin]

Haha brilliant! Sounds like a great idea to hide savings, stocks etc that the wife may be aware of. I wonder how many people have done or are planning to do this?

[gabmen]

Haha brilliant! Sounds like a great idea to hide savings, stocks etc that the wife may be aware of. I wonder how many people have done or are planning to do this?

to be honest with you I'm in right now I'm buying bitcoin w/out my wife knowledge hahaha, so when she checked my bank account or wallet she won't see anything and I'm doing trading right now and earning from it by doing buy and sell alt hahaha. what a brilliant idea OP.

[Kprawn]

What they not saying is... once the court determine that the kids have to stay with the ex-wife, she use the sympathy of the burden to look after the kids as a excuse to milk the

ex-husband. Some of these husbands can hardly make a living, because the wife is taking huge chunks from his pension and his salary. If they cannot get more money for the kids,

the milk the medical funds and claim for more benefits than the medical fund provide and then the husband has to pay for that. I will do the same, if I had to go through a divorce

and then wait until the kids are out of her house and then give the money to them. It is survival.. not necessity to put kids in private schools and you know you cannot afford it. 

[BellaBitBit]

Today hiding from money from your wife, tomorrow money laundering. 

Dying laughing here!

[ptcmadam@yahoo.com]

Really laughing 

[defined]

You can do the same using paper money. Hiding money from your spouse can also be in gold, paintings, boats, or anything else that has value. Using bitcoin is only a new method to do the same thing.

[AtheistAKASaneBrain]

Actually this could settle a lot of problems and solve the issues of a divorce thanks to smart contracts, it would be clearly stated in the contract just in case you get divorced, so the money will do exactly what the contract says approved by both parties.

[Slowturtleinc]

There are plenty of legit ways to hide money with the right lawyer,its the every day guy that does not expect the divorce coming and by the percentages thats most of us dudes.
Bitcoin could be considered a rainy day savings for when you get your ass ripped out in a divorce for sure.

[countryfree]

It's a pretty sad way to use BTC but I'm not surprised. If you can use BTC to hide money from governments, you can also use it to hide money from your wife.

You tell your wife you've lost money playing poker with friends, but you buy BTC anonymously via Localbitcoins instead...
(Those who didn't know how to do it can send me a tip. I've always been good at hiding money.)

[BitcoinSupremo]

Haha brilliant! Sounds like a great idea to hide savings, stocks etc that the wife may be aware of. I wonder how many people have done or are planning to do this?

Well I am regularly doing it, although I don't have a husband yet but yeah I hide my earnings in Bitcoin in case one distant day the government will be after me (hopefully this will never happen) but a husband is an opportunity so better safe than sorry.

[Junko]

Haha brilliant! Sounds like a great idea to hide savings, stocks etc that the wife may be aware of. I wonder how many people have done or are planning to do this?

Well I am regularly doing it, although I don't have a husband yet but yeah I hide my earnings in Bitcoin in case one distant day the government will be after me (hopefully this will never happen) but a husband is an opportunity so better safe than sorry.

Yes! It's never too early to start squirreling away monies and hiding it from your future spouse. You'll thank yourself later. You may think I'm just being facetious, but I am not. I'm not married, nor do I plan on getting married anytime in the near future, but after seeing what a good friend of mine has been going through with his marriage, I'm thinking this might be a good idea.

[BitcoinBlackjack]

You can do the same using paper money. Hiding money from your spouse can also be in gold, paintings, boats, or anything else that has value. Using bitcoin is only a new method to do the same thing.

This is true. And bitcoin is definitely a new tool in hiding money from someone including your spouse