Use Bitcoin to Hide Money From Your Future Ex-Wife

[Michael Scally MD]

As bitcoin’s value shoots up, members of fringe anti-woman movements are advising each other to use the cryptocurrency to hide money during a divorce.

Bitcoin, a digital cryptocurrency, has skyrocketed in value this year, with the the price of one coin soaring past $15,000 this month. But some of bitcoin’s user base, which skews overwhelming male, is more worried about losing the newly valuable coins to their spouses than a market crash. For years, a subset of so-called men’s rights activists have advocated pouring money into bitcoin, to hide it during divorce proceedings. Now, with the spotlight on bitcoin, lawyers are catching on.

 

[Burrr]

PErsonally i'm far more concerned about BTC crashing than my marriage

 

[Rockclimber]

BTC is inherently a deflationary currency so any crash will be quickly rebounded from ie 3 years or less

 

[Dr JIM]

As bitcoin’s value shoots up, members of fringe anti-woman movements are advising each other to use the cryptocurrency to hide money during a divorce.

Bitcoin, a digital cryptocurrency, has skyrocketed in value this year, with the the price of one coin soaring past $15,000 this month. But some of bitcoin’s user base, which skews overwhelming male, is more worried about losing the newly valuable coins to their spouses than a market crash. For years, a subset of so-called men’s rights activists have advocated pouring money into bitcoin, to hide it during divorce proceedings. Now, with the spotlight on bitcoin, lawyers are catching on.

As such activity borders on fraud
one should be VERY careful as the potential consequences may be worse than an X with “your money”.

 

[Dr JIM]

BTC is inherently a deflationary currency so any crash will be quickly rebounded from ie 3 years or less

And the same could be said about any stock or currency, it’s important to remember past performance often fails to predict future “gains”.