Post
Topic
Board Marketplace
Re: Bitcoin2Cash.com - Cash-Only Marketplace
by
NghtRppr
on 08/04/2011, 18:27:06 UTC
Then you have no business giving anyone advice on how to run a business. That's an unnecessary risk which is not the kind of thing an entrepreneur should be doing.

I have ran many large corporations in the past and I've studied law for many years. I'm not a charlatan.

I didn't say you were a charlatan. I just said you're taking an unnecessary risk and that's not the kind of thing an entrepreneur should be doing. I'm glad you've studied law. Next, you should study business.


It's only unnecessary if I don't mind putting my personal assets at risk for lawsuits or debts, which I do.

An 'anonymous' customer isn't going to sue and reveal who they are. They are going to complain in public.

When someone uses your service to purchase drugs from Silk Road, expect the police... eventually. (Investigators always follow the money.) Your LLC will not help you at all in this case.

In the highly unlikely event that you do end up in a legal battle, the profits from your service will not cover the legal fees. You'll end up paying them out of pocket anyway. So much for protecting your personal assets, as you'll end up spending them voluntarily.

So because I may or may not voluntarily spend my personal assets therefore I should open myself up to involuntarily losing my personal assets? That's ridiculous. The point is to mitigate or mimimize risk. As an individual, I would be forced to fight a legal battle with my personal assets or get a default judgment and lose my personal assets. As an LLC, I could opt for the default judgment, close the business down permanently and still keep my personal assets.

The longer you talk to me the more it's obvious that your advice is worthless at best and harmful at worst. Please, just stop talking to me. You're advice is unwanted and unneeded. Thanks.