I'm glad you've studied law. Next, you should study business.
The study of commercial law includes the studying of business if you branch out far enough. You seem to know how much law I've studied. I'm in complete awe at your false assumptions.
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.
You're assuming that you are, in fact, sued by an 'anonymous' customer. You're also assuming that it isn't some government agency wielding a criminal charge/investigation. If both *highly* unlikely statements are true, you would be right.
What plans do you have for your active customers if you opt for a default judgment? Return the cash? Lose it all to lawyers? I'm sure your customers would like to know.
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.
Actually, it is educational to everyone who cares to read it. You are thinking only of yourself.