Post
Topic
Board Securities
Re: [Cryptostocks] (DIVC) Dividend Crazy
by
stochastic
on 13/01/2013, 02:26:10 UTC
To instill confidence to potential investors, you should give your personal information to an escrow agent and allow them to verify your identity and act as an auditor of your actual accounts on the brokerage.  Then if you run with your client's money, the escrow agent can release your personal identification to the world.

I like this idea. I don't know/trust any of them. Who here is trusted within the community? Drop some names and I'll start considering.

How about starting with the people that run Cryptostocks?  You trust them enough to set up shop there.



And if we have another GLBSE situation with this exchange? Then what? if anything were to happen to me, then what do you think would happen to the funds? Lawyer fees and court costs?

That's what I'm trying to avoid through all of this.

I don't see what this has to do with your identity.  If Cryptostocks collapses the same way GLBSE did, then you might still lose your funds whether they have your true name or not.  You need to make clear to the investors if should be held liable in the event that your fund is able to trade on cryptostocks or not.  Giving your identity to someone is allowing people an ability to find you in the event that you are pulling a scam.  You need to allow the possibility that if you screw up and are liable for the funds that your identity could be exposed.