Is Bitcoin an independent property?

[sana54210]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?
When I get divorced, do I split up my bitcoins?

It definitely depends on the laws of your nation, there are some nations that sees wife as not own anything the husband owns, and hell there are nations where women can't even own a house, unfortunately that is reality in life. However if you get married without a prenup, then when you get married everything a man owns becomes half his wife's as well, but the equality means if wife was rich before they get married, then half becomes husbands as well, that is how equality works.

So, if you marry a women with a lot of bitcoin then it means you will become rich and when you get a divorce then half of those bitcoins becomes yours as well. This is why I think we should focus basically on equality here, either get a prenup if you want to protect your bitcoins, or accept that when a man and woman gets married their things are not owned together.

[ninabobo]

For me I would say since bitcoin is anonymous and also nobody has access to your wallet which is your private property, it won't be splitted because you own that alone and without exposing your keys  no one can know the value of what you got in your wallet, so since you got that before getting married it belongs to you Buh as the case may be the laws differs, in some countries since you own the bitcoin before getting married it automatically makes it urs alone but I don't know for most countries if it's otherwise.

[yhiaali3]

If you are smart enough you should hide your real possessions from your wife!! Some countries rule half of everything that the wife owns in the event of divorce, so if your wife knows about the Bitcoin you own, you must give her half, this is really unfortunate!! Here in my country, there is no such law. Fortunately, there is a specific amount that is agreed upon when contracting the marriage, and this is all that the divorced woman gets, in addition to monthly maintenance in some cases.
In my opinion, these laws are unfair. If the husband has to buy the house and the car and pay all the costs of the marriage, then why should he pay half of his property to the wife upon divorce??!!

[B-Bit]

Under the laws of my country, it seems that the bitcoins I currently own will still be separate property.
If your country’s laws do not indicate this, you can choose a prenuptial agreement, but you must consider the availability of this agreement. After all, some agreements may not be implemented even if they are written. You can discuss this with a lawyer before getting married.

If you continue to invest in Bitcoin after marriage, does it count as two people investing together?
If two people invest together, it should be the husband and wife who jointly own the real estate, right?
In this case, if I invest in Bitcoin after marriage, then Bitcoin will not be considered as an independent property. Is it right?

[CryptoYar]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?
When I get divorced, do I split up my bitcoins?

If you only hold Bitcoin and do not share your private key with anyone, then it is yours.

But if you sell it and turn it into another asset and it is legally in your name, then you may have to give a share of it after the divorce.

[stompix]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?

Unless you explicitly had an agreement mentioning it they will be treated as common property in most counties in the world according to laws nowadays.
Besides, it doesn't matter what form that bitcoin stash of yours will take, even if you sold them for money cars or you simply wasted half of them in a casino, the remaining assets will be split in an agreement. The last question is a bit weird if you sold the coins while married that will be considered joint income, just like earning you make during that period, gain, unless you specifically agreed on this before the marriage. But, there is also a but, ff there won't be a mutual agreement split and your wife will go to court over it the final decision can vary a lot, nobody on the forum will be able to guess the results.

If you continue to invest in Bitcoin after marriage, does it count as two people investing together?
If two people invest together, it should be the husband and wife who jointly own the real estate, right?
In this case, if I invest in Bitcoin after marriage, then Bitcoin will not be considered as an independent property. Is it right?

Yes, yes, and yes!
But seeing the influx of questions and the understandable reticence at giving details such as the country  I would advise you to seek a lawyer specialized in this in the town next to yours to avoid rumors and have him explained everything according to the laws in your country.

If you are smart enough you should hide your real possessions from your wife!!

If this is how you're seeing "being smart", then I wonder why would you get married in the first place.

If you only hold Bitcoin and do not share your private key with anyone, then it is yours.

And if your wife and her lawyer find out that you have hidden that from here you might face a perjury charge.

[trannguyenbtc]

Unlike monetary quality media, like dollars or euros, Bitcoin is inherently irreplaceable and can instead present itself as a digital currency, created and held as electronic . Although still controversial about its real value.

[stomachgrowls]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?
When I get divorced, do I split up my bitcoins?

No its not.. because once you do get married then all of your properties or belongings would be typically a conjugal property between you and your wife which simply means that everything you do own then your wife
does have the right unless if you do make it as a secret before your marriage and your wife hadnt known everything then its possible but be prepared when she caught you on being non loyal in terms of finances
because when you do get married then everything should really be remitted.

When you do get divorced then it would depend on the arrangement or agreement in terms of property halving since both does have the right.

[Rajamuda]

Bitcoin indeed is independent, all transactions made are the rights of those of us who own Bitcoin and it should not be until it is known by others for everything that was done before it became a local currency or physical goods.
Unless it's been sold to local currency or bought something after cashing it out as is the case in my country, linked to life or marriage... of course it will become common property once it is tied to marriage.

[Marykeller]

I am trying to figure out the best explanation for your question. Bitcoin is being known as a digital currency or asset. Since bitcoin can be used or acquire as an asset, it can equally be shared whether married or divorced.
In situations whereby your partner knows about your bitcoin(asset), she equally has right over it unless you don't want to disclose it to anyone

[dothebeats]

Most countries will probably treat it as you and your partner's conjugal property once both of you are legally married. Cars, real estate, and other tangible properties will immediately fall under this category, although when it comes to digital assets like bitcoin and crypto, it will most probably be vague and subject to multiple court proceedings until both parties agree upon a settlement that works for both. Personally, I wouldn't divulge to my partner that I do have digital assets. Not being greedy or anything, but it's better that way and to just be safe as well.

[Gozie51]

If you put Bitcoin in a wallet address and declare that it is your private property before marriage, it will still be your asset after the divorce.
If you use Bitcoin to pay for something, then it is a common property.
The best way is to write a prenuptial agreement before marriage, but for your wife, she may suspect that you do not love her.

You have said a very simple response that I think is reasonable.

OP from your post you wrote like you want to know the situation and if you want to get married you can make the agreement so that your husband will know it but it is not nice to begin thinking of splitting your property when you are not married. However when you think you don't trust your partner, you can put a public will about your bitcoin and your both families know it. In the eyes of law it depends on the law in the land about bitcoin.

[electronicash]

If you put Bitcoin in a wallet address and declare that it is your private property before marriage, it will still be your asset after the divorce.
If you use Bitcoin to pay for something, then it is a common property.
The best way is to write a prenuptial agreement before marriage, but for your wife, she may suspect that you do not love her.

You have said a very simple response that I think is reasonable.

OP from your post you wrote like you want to know the situation and if you want to get married you can make the agreement so that your husband will know it but it is not nice to begin thinking of splitting your property when you are not married. However when you think you don't trust your partner, you can put a public will about your bitcoin and your both families know it. In the eyes of law it depends on the law in the land about bitcoin.

i actually think OP is already married and wants a divorce. falling out of love too quickly i guess, if you have children is going to be a big problem for him. freedom is hard to get when a person has imprisoned himself.

all i can say is that be honest to her and give her what is rightful. whether you love her or not this time but the law says she has to have something.

[syedakhlaque]

This will be according to the rules and regulations in the country where you are living. Is cryptocurrency is legal there or not. If it is cashed through ATM or not. But it is the demand of morality that you should share everything with your life partner after marriage including Bitcoin.
The second is that it is best for you to avoid divorce and try to solve your differences through negotiation. and start a peaceful and happy life.

[NotFuzzyWarm]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?
When I get divorced, do I split up my bitcoins?

One has to just love how ignorant or at best, naive many folks are...
This is a legal question. Do they honestly think that all countries have the same laws and financial regulations/definitions? Hint: They do not. In the US, what is considered common property in marriage/divorce even varies from state-to-state.

As the OP's questions stands, the only answer that can be given is what other posters have said: It depends on where you live. If you want an accurate answer, at least let us know what country you are asking about...  

[Gozie51]

The second is that it is best for you to avoid divorce and try to solve your differences through negotiation. and start a peaceful and happy life.

Avoiding divorce is not when the relationship has become violent and life threatening. This could lead to death and you have to alive to have a partner because if death occurs the survival either routine in jail.

i actually think OP is already married and wants a divorce. falling out of love too quickly i guess,

I went through op post again and it is not really looking like he is looking for divorce, maybe trying to understand such situation. Except op says what the reason is for his question for better suggestion.

[stomachgrowls]

The second is that it is best for you to avoid divorce and try to solve your differences through negotiation. and start a peaceful and happy life.

Avoiding divorce is not when the relationship has become violent and life threatening. This could lead to death and you have to alive to have a partner because if death occurs the survival either routine in jail.

i actually think OP is already married and wants a divorce. falling out of love too quickly i guess,

I went through op post again and it is not really looking like he is looking for divorce, maybe trying to understand such situation. Except op says what the reason is for his question for better suggestion.

Most likely he had some plans? You wouldnt really be asking out something like this if you wont really be tending in doing so which means that he had really might have some plans on having a divorce.

When making out some decisions on where you had bought things back in the past when you are still married then those things owned by both you and your wife since its conjugal.

When things turns out to be sour and decide some divroce then you can opt in not to declare all of your bitcoin holdings to avoid such
split up. What yah think?

[slaman29]

im not expert with this talks but i think it was yours because you earn all of it before you got married tho it was also up to you if you are going to share all of this things to your wife if you love your wife so much and you feel that she wont cheat on you  .

When I get divorced, do I split up my bitcoins?

depending on what it was written in the divorced document the answer can be yes and no but it looks complicated if you measure  all the things that you own in btc when they are already converted .

Shared property. If you marry people and we all start to calculate wages and property earned, then we should even go back to childhood and give back what the state earned for you and what your parents earned for you

It's pointless to calculate things like this which is why after a divorce it doesn't matter, you split up so you take 50/50 and then pay alimony if the other person cannot earn. Only prenuptials change this.

I don't see why Bitcoin's legal status should make it any different.

[YOSHIE]

If I had some bitcoins before I got married, and used bitcoins to buy houses, cars, etc.
When the price of Bitcoin went up, I sold Bitcoin. Is this my money my own? Or is it shared by husband and wife?
When I get divorced, do I split up my bitcoins?

Did I miss something here.......!

What an ironic question, my advice to you, if you have doubts about your wife in distributing Bitcoins for her, don't take that woman as a wife, find a woman who loves you, that can make you happy and love you.

Bitcoin that you get when you are single and you keep it until you have a wife/child, you have the right to share it with them, it is your full responsibility to provide physical and spiritual support for your wife and children.

Conclusion: you have the right to share Bitcoin with your wife and children, it is mandatory, if you object to sharing Bitcoin with your wife, don't get married.

[Gozie51]

if you object to sharing Bitcoin with your wife, don't get married.

This is sounding funny . Bitcoin hodling shouldn't stop a man or woman from getting married. So what if bitcoin wasn't existing, won't marriage continue ? It all depends on the luck you have with your spouse, some spouse don't really border on what you have or how you use it. So what about fiat or cash, do you have to border about not disclosing or disclosing how much cash you physically have before getting married ? It all depends on what quality your spouse see in you and your ability to attract fiat, cash or wealth and by extension "bitcoin".

To this matter have we thought of if your wallet was hacked and all the bitcoin is gone or if you send your coin wrongly to another wallet and all is gone. These are all hypothesis that can come in the matter.