# Crypto bro wants divorce settlement reconsidered after his ex-wife's sensible finances hold up better than his crashing coins **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [August 20, 2022, 5:47pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002 "2022-08-20T17:47:57Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [August 20, 2022, 5:47pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/1 "2022-08-20T17:47:57Z")
Story is basically in the headline. The guy actually gave his ex-wife _his own pension_ in exchange for holding onto his crypto currency. This comes from a financial advice column here: > **[Subscribe to read | Financial Times](https://www.ft.com/content/1f41ef8c-ac19-49e2-ad93-56c887d207ac)** > > News, analysis and comment from the Financial Times, the worldʼs leading global business publication In case the above is paywalled for you, this tweet excerpts the relevant question: [https://mobile.twitter.com/\_ElizabethMay/status/1560932607893831683](https://mobile.twitter.com/_ElizabethMay/status/1560932607893831683) The columnists address the question with a straight face (paraphrased: courts don’t want one party to bear all the risk, but in a case where natural fluctuations were foreseeable, you’ll have trouble getting a judge to accept one party demanding the agreement be reopened). For my part, though, I would have asked the guy a different question. To wit: If your stupid crypto gamble _were_ riding high, and your wallet was doubling your ex’s traditional accounts, would you be happy to share, or would you smugly tell her, sucks to be you? I hope the ex tells him to pound sand, and I hope the court agrees. ---
**Author:** ![Exapno\_Mapcase](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/exapno_mapcase/32/1051_2.png) [@Exapno\_Mapcase](https://boards.straightdope.com/u/Exapno_Mapcase)\ **Post date:** [August 20, 2022, 5:52pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/2 "2022-08-20T17:52:47Z")
The tweet is from Elizabeth May. She’s not a guy. Even lesbian couples can have an idiot in the household. ---
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [August 20, 2022, 5:53pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/3 "2022-08-20T17:53:57Z")
The tweeter is not the person in question. She’s just copying out the question from the article for its schadenfreude. ---
**Author:** ![Exapno\_Mapcase](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/exapno_mapcase/32/1051_2.png) [@Exapno\_Mapcase](https://boards.straightdope.com/u/Exapno_Mapcase)\ **Post date:** [August 20, 2022, 5:56pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/4 "2022-08-20T17:56:39Z")
Ooops. Sorry. I misunderstood. I agree with your take, if that helps. ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [August 20, 2022, 6:10pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/5 "2022-08-20T18:10:00Z")
Who knew crypto was so unstable? ---
**Author:** ![Steve\_MB](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/steve_mb/32/5339_2.png) [@Steve\_MB](https://boards.straightdope.com/u/Steve_MB)\ **Post date:** [August 20, 2022, 6:20pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/6 "2022-08-20T18:20:43Z")
“He chose… poorly.” ---
**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\ **Post date:** [August 20, 2022, 6:24pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/7 "2022-08-20T18:24:40Z")
It will recover eventually. HODL! \< / schadnfrd… \> 😈 ---
**Author:** ![Saint\_Cad](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/saint_cad/32/18907_2.png) [@Saint\_Cad](https://boards.straightdope.com/u/Saint_Cad)\ **Post date:** [August 20, 2022, 6:27pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/8 "2022-08-20T18:27:11Z")
“I should not be responsible for my decisions!” -Average American ---
**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\ **Post date:** [August 20, 2022, 6:45pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/9 "2022-08-20T18:45:20Z")
I think it’s fair that the wife should suffer because of her husband’s poor decision-making ability… said nobody, ever. ---
**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\ **Post date:** [August 20, 2022, 7:01pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/10 "2022-08-20T19:01:29Z")
> [@Pardel-Lux](#): > > HODL! Horses often drink lattes? ---
**Author:** ![Icarus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/icarus/32/72_2.png) [@Icarus](https://boards.straightdope.com/u/Icarus)\ **Post date:** [August 20, 2022, 7:16pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/11 "2022-08-20T19:16:58Z")
You are of course familiar with “…in sickness and in health, for richer or for poorer…”? ---
**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\ **Post date:** [August 20, 2022, 7:19pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/12 "2022-08-20T19:19:44Z")
Sure, but once you’re divorced those vows go out the window… as they should. ---
**Author:** ![Kimstu](https://avatars.discourse-cdn.com/v4/letter/k/ecd19e/32.png) [@Kimstu](https://boards.straightdope.com/u/Kimstu)\ **Post date:** [August 20, 2022, 7:31pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/13 "2022-08-20T19:31:48Z")
> [@Icarus](#): > > You are of course familiar with “…in sickness and in health, for richer or for poorer…”? Also, that marital vow of commitment, noble though its aspirations may be, has nothing to do with fairness. In fact, the whole point of it is to affirm the couple’s unity and mutual devotion as more important than whatever either of them as an individual may “fairly” deserve. Life isn’t fair, by default. Marriage isn’t fair, by design. But divorce settlements are indeed supposed to be as fair a division of marital assets and responsibilities at the time of divorce as can be attained. That doesn’t entitle either party several months post-divorce to call for a do-over applying a retroactively modified yardstick of “fairness”. ---
**Author:** ![DesertDog](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/desertdog/32/11503_2.png) [@DesertDog](https://boards.straightdope.com/u/DesertDog)\ **Post date:** [August 20, 2022, 7:33pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/14 "2022-08-20T19:33:26Z")
> [@Cervaise](#): > > To wit: If your stupid crypto gamble _were_ riding high, and your wallet was doubling your ex’s traditional accounts, would you be happy to share, or would you smugly tell her, sucks to be you? Had the same idea a couple times working in a casino. Some slot machines you have to ‘coin up’ – play with the maximum bet – to get the big jackpot. They’d drop three quarters in but the third one didn’t register before they pressed the play button or pulled the handle and the jackpot came up, but not for them. I’d point to the tiny sign right by the coin slot saying, _Ensure all coins register before starting game_ and tell them, "If the jackpot _hadn’t_ come up would you hand the quarter over, saying, “I meant to play this,'?” ---
**Author:** ![Kimstu](https://avatars.discourse-cdn.com/v4/letter/k/ecd19e/32.png) [@Kimstu](https://boards.straightdope.com/u/Kimstu)\ **Post date:** [August 20, 2022, 7:45pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/15 "2022-08-20T19:45:32Z")
> [@Cervaise](#): > > I hope the ex tells him to pound sand, and I hope the court agrees. One of the replies in the OP’s linked Twitter thread contains an excerpt from the FT columnist’s reply to the “crypto bro” ex-husband’s query: > [@](#): > > You say you chose to offset other assets with substantial crypto holdings, and took the risk of an asset with known volatility. You expected your holdings to appreciate in value and compromised your financial claims on that basis. The court prefers finality wherever possible, so only allows limited circumstances in which one party can revisit a financial settlement. These kind of intervening events need to be unforeseen and unforeseeable and a fluctuation in the natural price of an asset is generally not one of them. If every final financial order could be revisited in this way, then the courts would face a deluge of cases looking to reopen agreed settlements. ---
**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\ **Post date:** [August 20, 2022, 7:51pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/16 "2022-08-20T19:51:28Z")
Almost: > **[HODL: The Cryptocurrency Strategy of "Hold on for Dear Life" Explained](https://www.investopedia.com/terms/h/hodl.asp)** > > HODL is a misspelling of "hold" that refers to a buy-and-hold strategy in the context of Bitcoin and other cryptocurrencies. ---
**Author:** ![crowmanyclouds](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/crowmanyclouds/32/19884_2.png) [@crowmanyclouds](https://boards.straightdope.com/u/crowmanyclouds)\ **Post date:** [August 20, 2022, 7:53pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/17 "2022-08-20T19:53:02Z")
Hey! Thanks for reminding me that I need to check on the value of my Beanie Babies! ---
**Author:** ![Icarus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/icarus/32/72_2.png) [@Icarus](https://boards.straightdope.com/u/Icarus)\ **Post date:** [August 20, 2022, 9:13pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/18 "2022-08-20T21:13:11Z")
…so the “said nobody, ever.” clause of your post was _not actually_ “nobody, ever”? ---
**Author:** ![Exapno\_Mapcase](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/exapno_mapcase/32/1051_2.png) [@Exapno\_Mapcase](https://boards.straightdope.com/u/Exapno_Mapcase)\ **Post date:** [August 20, 2022, 9:52pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/19 "2022-08-20T21:52:18Z")
I’ve _heard_ of it. It’s from the English Book of Common Prayers. Oddly, though, I’ve never been to a wedding in which anyone said it. Mostly they write their own vows. ---
**Author:** ![Kedikat](https://avatars.discourse-cdn.com/v4/letter/k/ed655f/32.png) [@Kedikat](https://boards.straightdope.com/u/Kedikat)\ **Post date:** [August 20, 2022, 10:08pm UTC](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002/20 "2022-08-20T22:08:35Z")
No idea what his pension structure was. But they can also be risky. The wife might get stung at some point too. [Next page](https://boards.straightdope.com/t/crypto-bro-wants-divorce-settlement-reconsidered-after-his-ex-wifes-sensible-finances-hold-up-better-than-his-crashing-coins/970002.md?page=2)