Cryptocurrency Divorce Protection

[Oz-BlokeParticipant 3233]

With my married days and divorce-rape behind me, I’m pondering how many married men now prepare for divorce by keeping a ‘D-Day’ safety fund in untraceable cryptocurrency? I’ve been dabbling in Ethereum mining for fun and see how cryptocurrencies would be an attractive proposition for hardworking men, in preparation for the all-too-common ‘Splitsville’, to stash-some-cash away from their stay-at-home snowflakes lazing at home all day on the sofa, eating cheese-doodles and watching crappy daytime TV like Ellen.
.

.
This thought comes after a mate tells me he and his wife are separating after she lost some weight and started shagging a work college on the sly. For nine years of marriage she told my friend his fortnightly share of the mortgage payments was $900 – which he dutifully paid without question. Worried he can’t afford the house now she’s riding a new c~~~ and moved out, he met with the bank to discover he’s been covering ALL the house repayments all these years while she’s been syphoning off money from their joint bank account into her own private slush-fund. The poor guy is so unprepared for the divorce-raping he’s about to endure. She’ll want half the house that he has made all the repayments on while he lovingly doted on her in all her chubbiness. She drops a few kilo and jumps on the blue-veined-custard-chucker of the first chad to show her some attention.

I Googled ‘cryptocurrency’ and ‘divorce’ and there’s not actually much out there in the way of articles or videos. There’s this from the HuffyPo –

Hiding Assets with Bitcoin in Divorce

And there’s this –

Bitcoin and divorce: a match made in heaven?

Sure a secret cryptowallet would be a risky move, but given the way so many men are taken to the cleaners in divorce-rape cases, could you blame a man for establishing a ‘fighting fund’ to minimize the financial rape he will experience? There is also the risk the cryptocurrency could decline in value, but the guy would lose half or more guaranteed if it was money in a regular bank account or paid on the mortgage. There’s also a chance, given the right cryptocurrency, that the man could be much better off letting the cryptocurrency grow for a few years waiting for the gynocentric family court to finally deliver its injustice, upon which he can cash-out incrementally and enjoy his new-found MGTOW freedom.

Not surprising then that the government is now gunning for tracking cryptocurrency and the threat it poses to the traditional fractional-reserve-banking cartels. Government’s gotta tax those crypto-$$$ to pay the welfare checks for all the single mothers who rely on the gynocentric welfare system.

The government is coming for your bitcoin

#ManOut

[MarketWatcherParticipant]

Oz-Bloke wrote:

he met with the bank to discover he’s been covering ALL the house repayments all these years while she’s been syphoning off money from their joint bank account

If married men would check their accounts they would find s~~~ like this is VERY common. Along with the secret credit cards. I would not use crypto for the objective stated in this topic. Buy something you can easily hide and then sell later. BTW. Bitcoin broke 13k last night. Riding the wave now, waiting to sell.

[Anonymous 42]

Oz-Bloke wrote:

Bitcoin and divorce: a match made in heaven?

Congress won’t let it’s subjects have any freedom from responsibility to the chaos they’re creating!

A thread came up last week about a sponsored bill relieving everyone of their cripto-currency freedoms!

Untraceable valuable metals in bullion and minted gold and silver coins is a safer bet! It’s in hand and not in the bush!

[Anonymous 3]

First of all, block chain is absolutely not anonymous. Sure one can have an “address” without identifying himself to authorities. But: Buying cryptocurrency is probably not happening in cash in a dark street corner, but by card payment, bank transfer or other traceable transactions. (Except if one has a friend who buys the bitcoin for him for his cash, but that also generates phone call metadata so not anonymous, and still a bag of cash needs to be collected.)

Then the court will know that you bought cryptocurrency, and forces you to reveal your bitcoin address. Then, blockchain contains all the transactions of all the time. If one transferred bitcoin some other address, tumbled it or whatever, it will still have some trace. And one will be forced to explain things why he did that. I think all of it just would make everything worse as a failed try to hide assets, assets taken anyway and punished for it even more.

So the best advice I can give is to not marry, not have sex, not live together, avoid anything that may cause a relationship (or generally conflict with women) at all costs.

For hiding assets, it is illegal, but theoretically:
-cash is accepted in everyday situations, bitcoin not.
-A bitcoin address is a bunch of random characters, what still needs to be stored somewhere. And if you store it in some email address / cloud / internet stuff, court can find that easily. On paper, you still need to hide that at a safe place.

-it is normal to have some cash at you, take it out from bank account to wallet to buy food and gas and … etc. And then pretend to spend more by 25% and put that into a hidden piggy bank. My father used the inside of an old radio, or some hidden holes in the car for his cash. Improvise. Do you have any personal property that cannot get touched by cupcake?

-cash does not generate any records, and still easy to store in reasonable amounts. (okay, I don’t speak about more than a few thousands $)

So how can you “hide” some of your assets in plain sight legally? Just spend it on something that will generate income when you are over this. Spend it on some trainings that help you work better and earn more. Spend it on getting any sort of useful knowledge. Spend it on learning the legal isses of your situation, consult a lawyer in time (in secret). Knowledge is an asset that cannot be taken away by any court. Get over the situation and then earn more later.

Spend it on your health, that is another important asset. Being sick is not profitable.

Second, spend it on your vehicle to keep it reliable. (if it’s on your name and you will have a way to keep at least that.)

Spend it on the kid’s needs if there is one, at least you don’t seem selfish. (keep log and shop receipts of this if court may make questions)

Spend it to get some financial and legal advice. I cannot say it enough, knowledge is power.

Then you may get out still with a lot of loss, and negligible money or assets, but at least will have the option to restart and climb up from the rock bottom and not die.

[Anonymous 3]

All of the above ideas of mine refer to situation of year(s) before divorce! Once divorce starts, no time to do anything. Married lurkers, please start that stuff and the planning of your way out at the first conflict in the marriage. Be ahead in time with the planning, probably file for divorce before she does. Then your plan is getting done and not hers. (but I don’t know, never been married, never will and I’m not a lawyer, look legal advice from a professional before its not too late. Learn local, related laws yourself too, to be able to understand what is told you and what and how it will be happening.)

[Anonymous 3]

Another idea may be to pay back liabilities from the “common” (but earned by you) money (that you cannot keep anyway) (bank loans, mortgage, etc) and close down credit cards, and make impossible to create new ones without your consent, because then at least you wont have the part of huge liabilities for the stuff that will be owned by cupcake anyway.

I really don’t get how those mentioned “secret credit cards” get created and kept secret by women? Don’t you guys get SMS from bank after every card usage? don’t you have an internet bank login to look what’s happening? So at least no secret credit card on the joint account (that you shouldn’t have at the first place). Or does the “secret credit card” belong to the woman’s own account? Well, if she seems to spend more than is expected from her earnings and man’s “given to home” money, then there may be secret loans you don’t know. But that doesn’t mean a court wouldn’t know it if it wanted to.

[UltimaThuleParticipant 32]

Here’s a simple method to stash away money in complete secrecy to be used well in advance of a divorce.

1. Getting a cryptocurrency wallet

Get a cheap smart phone without a SIM card. Buy it with cash. Absolutely no cards. Go to a place with public WiFi. Install a Bitcoin wallet on it.

2. Buying cryptocurrency

Most large cities in the developed world have two-way Bitcoin vending machines. Go to a vending machine and buy bitcoin with cash. You will have to pay a a small premium for the bitcoins but what can you do, privacy comes with at a cost.

3. Keeping your phone safe

Put your phone in a secret locker only you know about. Use your wallet software to make an encrypted copy of the wallet file containing the public and private keys to the blockchain address containing your bitcoins. Store the copy of the encrypted wallet file on a memory stick in another location only you have access to.

4. Keep your mouth shut

Never talk about this with anyone. Not even your best friend.

[AttonParticipant]

It’s a good way to hide money especially when the cost of the currency is stable. It is good for breaking the paper trail.

A MGTOW is a man who is not a woman's bitch!

[Author]

Posts