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A company is a group of people operating together. That is what our company is. We are not incorporated in any jurisdiction.
by the_stc 9y ago
A company is a group of people operating together. That is what our company is. We are not incorporated in any jurisdiction.
- jhwang5 9y agoSo your team members all work remotely in different countries?
- michaelchisari 9y agoThat is perilously naive.
- the_stc 9y agoHow so? I am aware that if our opsec fails, a creative prosecutor will have no shortage of options to go after me with. It won't shut down the operation because a successor will restore from backups and move on. But it will make me unhappy.
- fragsworth 9y agoUnless you and the people in your "company" can pay for your food, rent, and bills directly with Bitcoin or Ethereum, I don't see how this works. You have to convert it to fiat somewhere, and that's probably going to be through a bank. Then you're in for a lot of trouble if you get investigated, audited, or whatever.
- the_stc 9y ago>Then you're in for a lot of trouble if you get investigated, audited, or whatever Yes that is accurate. This endeavor relies on me getting our opsec right.
- scallycat 9y agoSo who would be liable in the case of somebody suing you? If the company has no legal existence, then would the individuals involved be liable, and without the protections of limited liability?
- the_stc 9y agoThey would need to break our opsec, at which point a civil suit is the least of my concerns.