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Author Topic: Marriage as a contract in the blockchain.  (Read 7658 times)
RepublicSpace
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June 14, 2014, 08:51:06 PM
 #41

I've always thought that contacts are for people you don't trust - something that you can hang over their head when they do you wrong. Why would you need a contract with your spouse?
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June 14, 2014, 11:59:22 PM
 #42

I've always thought that contacts are for people you don't trust - something that you can hang over their head when they do you wrong. Why would you need a contract with your spouse?

To ensure they are not there to take your money is the first reaction.
Rationale before insanity
That is why people write agreements that say that you keep everything you own before the marriage and split what you acquire after the marriage.
Having a good financial agreement is as important entering into marriage as the love they have for their spouse, since finances tend to be one of the biggest issues a married couple have.
http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/before-saying-i-do-think-about-drafting-a-marriage-contract/article5463592/
 
“Marriage is a partnership, and like in any other partnership, usually it is important to have some kind of an agreement.”

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June 15, 2014, 12:10:05 AM
 #43

And in case of forking, does that mean u get divorced ?
Just kidding; but nevertheless, i see this like a tatoo-ing, u dont want to do someting that u can undo Cheesy
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June 15, 2014, 01:13:09 AM
 #44

I like the idea of recording contracts within the/a blockchain. Smart contracts, Next, Etherium: how this will all evolve is equally maybe even a little more interesting than bitcoin as a currency.


Not sure what country you live in CoinDiver (I'm an American).
In America (specifically California) the contract of marriage  comes with certain perks of the license, partnership/agreement...'institution' ;-).

Tax benefits, rights to property/inheritance, not required to testify against each other in court, health insurance, it gives each of you the right/responsibility to make health related decisions for each other and so many other things.

Some of those things can be written into separate contracts (consult with an attorney, health care provider and accountant).\

of course there is one benefit to NOT getting a marriage license and that is... you don't have to get a pain in the a$$ divorce to end the relationship.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
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June 15, 2014, 07:40:11 AM
 #45

Don't know of a specific contract you should use, but make sure you create a 2-of-3 multisig transaction, and hire a reputable arbiter to control the 3rd key. Seed the private keys with the text of whatever you choose as your marriage contract, including any assets you wish to provably and explicitly share. Any liquid assets could be bitcoin in the actual address.
Harley997
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June 15, 2014, 05:12:40 PM
 #46

I've always thought that contacts are for people you don't trust - something that you can hang over their head when they do you wrong. Why would you need a contract with your spouse?

Getting married is forming a contract (a marriage contract)

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mysidia
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June 15, 2014, 05:44:32 PM
 #47

and then go speak to a lawyer about the validity of a marriage contract that is not state approved (not on their special paper)
We're not interested in the state's interpretation of the validity of our contract, but I'll be happy to take a look at lifeonbitcoin.com.

Seriously....  you should at least see to it that your marriage is officially recognized by at least one jurisdiction   that  your government and locals will see as somehow valid and official.  Or see a lawyer about other options.

The concern is about various situations where not having an officially recognized marriage can be extremely inconvenient or troublesome.

If you can prove marriage; you have additional legal rights in some situations, such as with kids -- guaranteed right of both parents to act as guardians, pick up kids from school, shared property rights, etc,  or if spouse is temporarily incapacitated or in hospital: without proof of marriage/family relationship, or  legal documents,  there is no authority to direct their care.

The blockchain marriage is a cool idea and all,  but I would advise you to not take unnecessary risks in giving up legal privileges couples with the legally recognized state documentation ordinarily have.

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segeln
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June 15, 2014, 05:51:46 PM
 #48

on the wedding night reception, please have beyonce singing

"if you like it, you should put a blockchain on it.. oh oh oh , a oh oh oh"


Oh my..i'm crying...i'm freakin tear all over. I read your post, stopped, went to youtube, found song, played it, and reread your post...tears just wen on and on, i barely got my breath back from all the laughing.

yeah,this was really funny
hope, OP was not bothered
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June 15, 2014, 06:35:22 PM
 #49

Can I double spend and get two wives?
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June 16, 2014, 03:44:56 AM
 #50

and then go speak to a lawyer about the validity of a marriage contract that is not state approved (not on their special paper)
We're not interested in the state's interpretation of the validity of our contract, but I'll be happy to take a look at lifeonbitcoin.com.

Seriously....  you should at least see to it that your marriage is officially recognized by at least one jurisdiction   that  your government and locals will see as somehow valid and official.  Or see a lawyer about other options.

The concern is about various situations where not having an officially recognized marriage can be extremely inconvenient or troublesome.

If you can prove marriage; you have additional legal rights in some situations, such as with kids -- guaranteed right of both parents to act as guardians, pick up kids from school, shared property rights, etc,  or if spouse is temporarily incapacitated or in hospital: without proof of marriage/family relationship, or  legal documents,  there is no authority to direct their care.

The blockchain marriage is a cool idea and all,  but I would advise you to not take unnecessary risks in giving up legal privileges couples with the legally recognized state documentation ordinarily have.


Another issue is that if your marriage is not recognized then you will not be able to reap the tax benefits of marriage
CoinDiver (OP)
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June 17, 2014, 08:31:41 PM
 #51

Don't know of a specific contract you should use, but make sure you create a 2-of-3 multisig transaction, and hire a reputable arbiter to control the 3rd key. Seed the private keys with the text of whatever you choose as your marriage contract, including any assets you wish to provably and explicitly share. Any liquid assets could be bitcoin in the actual address.

This! I like it. Rights to our assets (in this case, "our" bitcoins) is the incentive to abide by the contract. The 2 of 3 give us enforcement. This doesn't need to be on the block chain (I don't think...), but each of our hashed signatures on the contract should be. I do trust her. I trust that she is working in the same direction I am in life, and will generally be a reliable partner and asset. This is a mutually beneficial agreement.

The purpose of the contract is to establish the terms of the agreement. Otherwise, what is hell is a marriage? Why get married? If people had to actually define the roles in a marriage agreement before getting married, you have a lot less ill-conceived marriages, and a lot more lasting agreements.

There are obviously other agreements that need to be spelled out for the state to recognise in situations where it is inevitable. Those are not what this thread is about, but I'll happily take whatever input down for when we sit down together to sort out the rest of the paperwork.

http://mises.org/daily/3229
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June 17, 2014, 09:44:57 PM
 #52

I've always thought that contacts are for people you don't trust - something that you can hang over their head when they do you wrong. Why would you need a contract with your spouse?

To ensure they are not there to take your money is the first reaction.
Rationale before insanity
That is why people write agreements that say that you keep everything you own before the marriage and split what you acquire after the marriage.
Having a good financial agreement is as important entering into marriage as the love they have for their spouse, since finances tend to be one of the biggest issues a married couple have.
http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/before-saying-i-do-think-about-drafting-a-marriage-contract/article5463592/
 
“Marriage is a partnership, and like in any other partnership, usually it is important to have some kind of an agreement.”

marriage is not about that.... your talking about pre-nup...

a marriage is to enforce that someone that is not in your bloodline is provably your next of kin and has entitlements to your wealth, can b a part of your health and a guardian of your descendants.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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June 17, 2014, 10:31:17 PM
 #53

Lol, very nice.

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June 18, 2014, 01:30:21 AM
 #54

I don't see how this could possibly work unless we started attaching verified genders, ethnicities, and religions to addresses.
Otherwise we wouldn't be able to deprive people of their right to marry, and I don't know about the rest of you guys, but I happen to think we already get enough hurricanes each year.
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June 18, 2014, 02:38:20 AM
 #55

the legitimacy of marriage.

i glanced over a few legal things: so here goes (read my disclaimer in my footer)

to avoid the whole state/church licence stuff there is a 'banns for marriage' thing which is about publicly notifying your intent to marriage, so that anyone who can see any reason why the parties involved should not be married can be notified.

so before doing a blockchain marriage certificate you should 3 weeks prior, do a public announcement of intent to marry. .. and whats more internationally public than the blockchain Cheesy

the licence thing is normally to shorten this delay.

i have not yet researched the ceremony itself but in general as long as its publicly shown that both parties have committed themselves to each other, then a marriage is valid. (please check local law of your area about requirements of ministers/registrars)

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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June 18, 2014, 06:00:44 AM
 #56

How about this,

Transaction #1: moves some coins from one of your addresses to a new address (the "my end" address), includes a comment in scriptPubKey using OP_DROP (could be your vows for example).

Transaction #2: moves some coins from one of her addresses to a new address (the "your end" address), includes a comment in scriptPubKey using OP_DROP (could be her vows for example).

Transaction #3: takes the two previous transactions as inputs, outputs to a 1-of-2 multisig address (or 2-of-2, depending on your values and the strength of the relationship). The "binding" transaction.
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June 18, 2014, 06:10:47 AM
 #57

How about this,

Transaction #2: moves some coins from one of your addresses to a new address (the "my end" address), includes a comment in scriptPubKey using OP_DROP (could be your vows for example).

Transaction #3: moves some coins from one of her addresses to a new address (the "your end" address), includes a comment in scriptPubKey using OP_DROP (could be her vows for example).

Transaction #4: takes the two previous transactions as inputs, outputs to a 1-of-2 multisig address (or 2-of-2, depending on your values and the strength of the relationship). The "binding" transaction.

Transaction #1: moves some coins from one of your addresses to a new address, includes a comment in scriptPubKey using OP_DROP (public announcement of intent to wed).

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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June 18, 2014, 06:32:10 AM
 #58

Hmmm... What if you guys both have your own non-shared private key and a single shared private/public key pair. You then each generate your own public key to your private key and have a paper notarized that includes your finger print, ID and public key (from your non-shared private key) on a paper, signifying that you do indeed own that public key. Now you keep a copy of that notarized paper for yourself and give the original to your partner (now your partner has legal proof of you stating you own that public key).

Then a hash of your marriage agreement is made and is known to both of you. You both then send a small fraction of a bitcoin using your non-shared private key/public key pair to the shared bitcoin private/public key pair with the hash of the marriage agreement as a public note, signifying that the marriage agreement is active.

That shared private/public key (which could be a multi-sig key if you wanted) is then used as your joint bank account.


Sounds fun to me honestly. Congratulations on your marriage Smiley

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June 18, 2014, 06:56:43 AM
 #59

This is an interesting concept, but nevertheless, congratulations to you both Cheesy
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June 19, 2014, 06:14:01 AM
 #60

Hahah nice idea there , i like how people try to put their Marriage as the ''forever'' stuff while most of marriages break. Try calling me stupid, but i somehow think everyone should know that getting married doesen't mean staying married, of course i want every marriage to last forever, but todays life speed is not allowing that.

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