WHAT HAPPENS WHEN YOU HAVE A NASTY DIVORCE AND A FAT BTC WALLET?

[zee123]

I propose to pay nothing. If your spouse does not have access to your wallet he can not prove that you have bitcoin. In addition, the court may take action under section bitcoins because cryptocurrency is not recognized by the state and by law can not have a value.

Ah, trust me if your spouse knows, he'll get lawyers to try to prove otherwise. Funny so many slam bitcoin, but in reality, they would not hesitate to grab it.

[mrcash02]

If the hypothetical wife or husband was an asshole and don't know about the fat BTC wallet I wouldn't give any satoshi to this person. If it was something you have built by yourself on the internet and this person didn't help you anyway, why to share the Bitcoins?

But if there were children involved on the story I would give some BTCs because of the children, that is a responsability people must have even they aren't married anymore.

[Quidat]

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED'

You can deny actually if youd want to.Even your ex-wife would know about the crypto holding of yours.As long your bitcoins are keep in a wallet and your wife don't have access on the keys then you are still safe not to tell completely.No one can trace you out.If you are being caught then I would rather pay up on local fiat than on wasting up my precious nasty bitcoins.

[joseafonso123az]

Well has this isn't in the law yet, nor many do know about this, your chances of not losing any are great.  The only way you can get asked to give half of it, is if the other side knows what BTC s and that you have a bunch of them, as this has somehow a value of it's own, the other one might ask for half of them.  If they don't know, well you shouldn't be telling it either!

[swogerino]

Revealing your BTC wallet to your spouse which is just a stranger with which you started to share your life with in the moment you get married it is not a wise thing to do. You can tell your BTC wallet to your brother,sister,mother or father as they are your real family and it should be ok with them if you fear something for yourself. If I will be in the middle of a divorce I will make sure to stay calm and not tell anything to my wife about my BTC related things.

[freebutcaged]

I'd send (hire)a professional seducer to fuck my horny wife and then I catch or photograph her while naked with another man, that is enough for the court

To rule out any of her legitimate claims over my wealth/properties. you should also know there is no link between an address and a person, no one could ever

Tell if I am the true owner of any cryptocurrency coins. if they managed to pin you on your Bitcoin savings then try to send them to a mixer the first chance

You get mate, or avoid using Coinbase.

[tiptopgemdotcom]

I'd send (hire)a professional seducer to fuck my horny wife and then I catch or photograph her while naked with another man, that is enough for the court

To rule out any of her legitimate claims over my wealth/properties. you should also know there is no link between an address and a person, no one could ever

Tell if I am the true owner of any cryptocurrency coins. if they managed to pin you on your Bitcoin savings then try to send them to a mixer the first chance

You get mate, or avoid using Coinbase.

Wow. What a explanation! Bitcoin savings are not gonna to help you in case of being in jail. What about missing your "honorable behaviour" of your wife?

[orions.belt19]

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED'

It should be treated as an asset. This means that if the other party mentions it, they are entitled to half of it (I think, if I'm not getting it wrong). Beyond that, I would say it's just treated as anything else (like stocks and such) during a divorce.

Since it's an asset, it should be declared along with the rest of your property and possessions. Despite your feelings and being bitter of the split up, it's still her right to have half.

However, I think it would be useless if my wife doesn't know or understand what Bitcoin is. She won't be able to utilize it unless we convert everything to fiat the half of her share, which would pretty much be a waste. If it were up to me, I probably won't declare it especially if she has no crypto knowledge.

[949miner]

Well, i dont think that your ex-wife is going to have the half of your bitcoins, far as i know, bitcoin is a digital good, and digital goods can not be used for those types of agreements, at least on my country... But it would be a mess if you have to give your wife the half part of your bitcoins, i would not let her take off my bitcoins, i dont understand why most people is still getting married, seriously, i dont understand, it only gives problems..

[gentlemand]

Depending on where you are, it doesn't matter whether you haven't told them or believe Bitcoin is somehow magically exempt from all laws. You're obligated to declare it when all the finances are being taken into account. It's worth something so it must be declared.

If you owned one of Elvis's turds it has to be declared because it's worth something. It doesn't matter if many people still don't think BTC is the real deal. It can be sold for money.

If no one knows and it's uncovered expect the law to come piling down upon you. You may well get away with it. Then again the alternative isn't going to be pretty.

[soham]

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED'

Those who are married and their wife is aware of their fat bitcoin wallet, good luck to them! Those who are unmarried, take a lesson and never tell your wife about the bitcoins you had saved for better future.

[Junko]

Husband (smiling): "Sure, Honey. You can have the cars, the house, the boat, all the gold and jewelry and all our investment assets. All I ask is let me have the dog. You can take everything else. I don't mind."

Fat Bitcoin wallet confirmed.


Seriously though, I would just give her whatever percent she is entitled to by law. Rather that than go through the worry and headache of getting caught lying about it in the future.

[smith136]

it is easy to hide your bitcoin as long as your ex-wife/husband does not know it, if you dont want your bitcoin get split during divorce why not? clearly this is one of the advantage of the bitcoin which is the confidentiality.

[machinek20]

The first thing is you need to find out, does your spouse know about btc and do you ever reveal how much you got or not, if you think you cant escape from him/ her just give some of your bitcoin, but if I were you, I will pretend that I dont own it and keep it all for myself

[DroidR17A]

If you loved the girl enough to marry her, you should do the honorable thing, which would be to pay the fiat equivalent value. However, you could try pulling a Jamie Dimon (the Dick Rowe of crypto) and claim it has no real value, or as Jamie puts it...no more value than airmiles. Would you transfer airmiles in a divorce?

[contrarian]

That's what prenups are for. The couple can say what belongs to each one and what is mutual. If they get divorced later the prenup can protect the property of each.

If there is no prenup and you don't want to share the bitcoins, just transfer them to another wallet, memorize the seed of that wallet, delete the wallet and say you were hacked.

[Tungsten-1]

the same thing happens as when you have a nasty divorce and a fat pocket with a lot of money in it. if the ex finds out about it and can prove it, they take a part of it (of course depending on what country you live in and how the laws are there) and if they can't find out about it or prove it they can take nothing.

This will be definitely happening no matter what country you are living in. if you are going with an amazing fat wallet and you have divorced your wife she even don’t bother about you until she sees that one big wallet. Things can turn at 180 degrees because in current time, money is considered as everything. Relations are based on it so just leave your wallet when doing such things.

[Milo_Kidd]

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED'

I am not married also but for me if I where in proceeding divorce I will keep it by myself. And I believe that you will share whatever you do when you are married. So if I, I will manage my to secure my wealth because we dont know the future brings so better to be preventive than to be careless.

[Nerman]

Just for fun, i hope my wife would not be able to read this. LOL.

It will really depend on the breakup if it is nasty one and she does not know about it I will not tell her, even if she knows about it i will create another wallet and transfer almost everything there.

[cryp24x]

I wouldn't tell them about my BTC and if ever my wife found out about it, oh well I'll let the court decide.  If they go with the decision that I have to share half of it then what would I do but to share.   There are certain criteria where I can decide on what to do like the x wife want fiat , so I can give her fiat equivalent of BTC, if not then she will definitely get half of the BTC, courts order remember/  But I will try to appeal to nullify it as much as possible.