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

[waynechong1995]

Well if you don't reveal how much buying power you could have with these FAT BTC WALLET that shouldn't be a problem i guess, but i wonder is that true that these kind of proceedings would involve cryptocurrencies as part of your assets as well, lawfully? Well if really a NASTY divorce happens i wouldn't give a single Satoshi unless court order me to do so or having my dear children separated. How painful it was to giving up your precious investment assests considering BTC is at its infant stage to another NASTY person who took your wealth as granted? Hell noooooooooo

[gabmen]

Interesting thought though. If i were the one dealing with bitcoin, then it stays with me. I don't think my spouse will have any say about it sincr bitcoin isn't a physical or material asset. I don't know how legally that will be handled but as far as im concerned, that's how i plan to do it.

[lienfaye]

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'

My partner knows what im up to and i dont keep a secret between us so she knows everything. If ever we divorced i prefer to give her share in fiat but the kind of personality she has i assume she will insist to have btc as well. I think thats the disavantage of being open to your partner and then suddenly you both decided to have seperate lives.

[Sithara007]

There are both positives and negatives in hiding the Bitcoin holdings. If you hide them, then the divorce proceedings may go on for 5-6 years (or even more) and you may not be able to spend your coins. Even after the divorce is finalized, you may not be able to spend your coins for the next 2-3 years. But if you reveal your holdings, then 50% of that is going to go to your spouse.

[JL421]

nothing you happily agree to get divorce as long as your wife isnt aware of it even if she is i don't think you will have to provide any of your hard earned coins to her because it isn't a legal currency so you don't have to worry to give her any of it

[Webetcoins]

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'

My partner knows what im up to and i dont keep a secret between us so she knows everything. If ever we divorced i prefer to give her share in fiat but the kind of personality she has i assume she will insist to have btc as well. I think thats the disavantage of being open to your partner and then suddenly you both decided to have seperate lives.

This is good if you are sharing about the all things with your partner and you are giving her the share, the bitcoin is the best thing and the right choice than the fiat so I think if she will demand for the bitcoin and then she will give the more share, I would like to suggest her to take the bitcoin and make more money than your given share, bitcoin is the best choice for all the people.

[Zero.X]

As long as you've never shared your address, you should be good. It's fine if they know you're dealing with the currency, but if they didn't have access to it before, they shouldn't now.

[cryptoalfs76]

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'

Will i thinks it great! If  i have a burf fat wallet of btc and im in the situation of divorcing my wife,all i can do is to pay my devorce  in fiat moneyand continue to keep my btc  that's she would not know  in  my wealth because i'm the one only digging this.i save all my bitcoins  to support  our children future.and find another women who accept me who i am.

[orions.belt19]

I envy your big fat wallet but seriously speaking, this would spell some trouble for you! Under the law of succession, the spouse is entitled to 50% of all your assets and savings. This would mean that your wife is entitled to half of the contents of your big fat wallet! Unless you’re okay with being unfair by not declaring all of your holdings, you don’t have a choice here. The moral way is to give what she is entitled to.

[drachman]

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 depends, by law most of the time the person you were married is entitled to half of that money, however if you are able to maintain that amount of bitcoin in secret then you could in theory keep it just be careful if you are found out hiding money like that you may get in serious trouble.

[Saifher]

Keep it to yourself if you were the one who accumulated it! In most cases we can read here on the forum, the partner doesn't even understand much (or is very engaged) the idea of bitcoin/blockchain/crypto, so they probably wont even notice 

[Bagaji]

All depends on the country or region you leave or referring to for such laws or contract doesn't exist in my country. Based on laws in my country, the lady in question will have nothing to benefit from my assets except some assets that are in her name.

[zee123]

Well if you don't reveal how much buying power you could have with these FAT BTC WALLET that shouldn't be a problem i guess, but i wonder is that true that these kind of proceedings would involve cryptocurrencies as part of your assets as well, lawfully? Well if really a NASTY divorce happens i wouldn't give a single Satoshi unless court order me to do so or having my dear children separated. How painful it was to giving up your precious investment assests considering BTC is at its infant stage to another NASTY person who took your wealth as granted? Hell noooooooooo

Hi waynechong1995, believe me, anything that smells like money is money. And you know the saying the love of money is a b****. Well, not exactly that's one of mine. Look through history anything that can generate money becomes part of what the legal system would try to control. Satoshi definitely falls under this category, so expect the bitter spouse to come for it with the mighty hammer of the law. But I agree with you not a single penny would pass if it can be avoided.

[zee123]

All depends on the country or region you leave or referring to for such laws or contract doesn't exist in my country and as such the lady in question will have nothing to benefit from my assets except some assets that are in her name.

Hi Bagaji, alright for some, don't be surprised if the marriage rate goes up in your country.

[krishnapramod]

I recently read somewhere that a guy from US not only ended up sharing half of his Bitcoins with his ex-wife, but also had to pay the lawyer fees in Bitcoin. For a Bitcoin holder, I guess US is a bad country to get divorced in

If you are too damn sure that your marriage isn't going to work out then keeping mum about your Bitcoin holdings is the best way forward.

On a serious note, irrespective of how your marriage is going to work out, telling your spouse about your Bitcoin savings is logical, why risk adding your savings to lost coins.

[portotoi]

if i were in that situation, i would not disclose the information of my flat wallet in bitcoin. i will disclose only my other assets not my bitcoin, and never, unless maybe if my husband has also a bitcoin hahahah

[maydna]

i will make sure to keep my btc in secret because this is my private assets and only person that i trusted that i will share to them especially if i have fat btc wallet. its only few people that i will let them know how much btc i have in my wallet. and i don't think that i want to share the amount when i am divorce because we have our own life and its not related with our ex wife/husband. we can walk alone and each of us will not interfere our personal life.

[Hazaki]

I'll never let family/girlfriend/wife to know qboit my private stuff and deals whether it is bitcoin related or not so i'm pretty sure that she won't even realise that i have extra money . That's money from my experience and countless hours of surfing internet and trying to raise knowledge about bitcoin , so in no way i'll be revealing it or sharing it with anyone .

[drachman]

Well if you don't reveal how much buying power you could have with these FAT BTC WALLET that shouldn't be a problem i guess, but i wonder is that true that these kind of proceedings would involve cryptocurrencies as part of your assets as well, lawfully? Well if really a NASTY divorce happens i wouldn't give a single Satoshi unless court order me to do so or having my dear children separated. How painful it was to giving up your precious investment assests considering BTC is at its infant stage to another NASTY person who took your wealth as granted? Hell noooooooooo

This should teach us a lesson you need to be very careful to who you choose as a couple, seeing stories of people turning on each other after they were deeply in love is not strange, so if you need to hide your bitcoin from your soon to be ex wife then you made a mistake in choosing the right person to marry.

[zee123]

Well if you don't reveal how much buying power you could have with these FAT BTC WALLET that shouldn't be a problem i guess, but i wonder is that true that these kind of proceedings would involve cryptocurrencies as part of your assets as well, lawfully? Well if really a NASTY divorce happens i wouldn't give a single Satoshi unless court order me to do so or having my dear children separated. How painful it was to giving up your precious investment assests considering BTC is at its infant stage to another NASTY person who took your wealth as granted? Hell noooooooooo

This should teach us a lesson you need to be very careful to who you choose as a couple, seeing stories of people turning on each other after they were deeply in love is not strange, so if you need to hide your bitcoin from your soon to be ex wife then you made a mistake in choosing the right person to marry.

Hey, things change, people change. You can only try, truth be told sometimes people just fall out of love in a very bad way. An example look at couples who win the lottery, they ever hardly stay together.