My wife has dementia and I've had to quit work to take care of her full-time. We get by, just barely, on our fixed income. The most frustrating thing about our situation is the "requirement" that we NOT exceed the maximum allowed income for her to remain qualified for Medicaid. This would include any money in a savings account. Bitcoin seems to be an ideal way to build a savings account without the worry of saving cash in our house. Would a laminated paper wallet be the best way to secure it?
I believe I suggested using bitcoins in this manner sometime in 2011. Maybe I can find the post ...
https://bitcointalk.org/index.php?topic=9879.0You just have to be careful how you make withdrawals from your savings. I don't know how much detail they go into when reviewing your case, but if you have to turn in a monthly bank statement or something like that, it might raise some eyebrows if you have a bunch of unexplained deposits from Dwolla, that would look like income.