Quote from: chmod755 on October 12, 2012, 06:30:46 PM

Quote from: stochastic on October 12, 2012, 04:51:06 PM

A person can now open a 'company' and name a sockpuppet as CEO.

Nefario is not a sockpuppet, he's real: https://www.youtube.com/watch?v=vmPD_YSQ--k

Quote from: stochastic on October 12, 2012, 04:51:06 PM

Then when user funds get large blame the CEO for running off with the money. In the bitcoin world, when times get tough no one needs to blame Chinese relic dealers for stealing the funds. Just claim he is the CEO now.

As a CEO YOU ARE 100% responsible for your company - not your shareholders, employees or customers. Do you also want to give everyone a scammer tag who invested in pirateat40, Bitcoinica, Matthew's bet,....?

If one of Nefarios shareholders is responsible for all this, Nefario has to sort it out - not the community, because we don't have the details!

pirateat40, Bitcoinica, and Matthew's bet were not general partnerships. BitcoinGlobal is a partnership and partnerships do not have limited liability. It is not a difficult concept for people to grasp. This is why governments have created business structures like limited liability companies and corporations so that these businesses can get lots of partners but the partners don't have to be vigilant about the management of the company.

Go into the real world and start a partnership with someone. It could be anything: a car wash, a grocery store, or home building. Then watch someone get hurt in your business because one of your employees forgot to put up a "Caution: Wet Floor Sign". Tell me then if none of the partners of that business will not be held personally liable for the pain and suffering of that customer.

This is why I always advise people not to form partnerships. If someone asks if they want me to invest/work in a company but is unwilling to only give me profit sharing instead of ownership, I say no. This is because if that partner screws up in any way, then I will be liable for their actions because I formed a partnership with them.

If people want to have no government registration of their business, that is fine, but that person cannot cry if they don't get limited liability because that is only available if they registered a limited liability company or corporation to get government protection. Otherwise, they have unlimited liability and someone may be able to take your house, your car, or your special collection Night of the Living Dead book.

I see no contract between nefario and the rest of the BitcoinGlobal partners that Nefario will be responsible for all debts and obligations of BitcoinGlobal and its subsidiaries. Thus, without any proof, each BitcoinGlobal member has unlimited liability for GLBSE debts and obligations.

The ignorance on these forums is amazing. It is like arguing with Creationists.