Post
Topic
Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 1500+ BTC BANKROLL | INSTANT!
by
tee-rex
on 08/08/2014, 18:13:25 UTC
As to me, being an investor is a bit too much for saying "I am not affiliated in any way with DiceBitco.in". But it's probably just me.

did you read his sentence to the end?

Yes, I did. Being an investor to an enterprise does mean that you are affiliated. This is like saying that "I'm in no way affiliated with this woman other than being her husband, father of her children and besides that I'm sleeping with her". I hope I made my point clear, thank you. Wink

I don't agree. Investing in Apple or Nestle doesn't make me affiliated with those companies, does it? Maybe it does in the strictest sense of the word, but I have no bearing on how those companies operate.

I think at most you could say that investing in something is an "endorsement."

Indeed you are flat out wrong for pretty obvious reasons. Investing in Apple (Nestle or whatever for that matter) means that you are buying their stock (shares). And if your share (no pun) is good enough, you can literally overtake the company and make decisions about its future. Besides that, in some countries (not sure about the USA), you would be not allowed to hold public office if you have a stake in a private company. And do you know why? Wink

Which country ? What if someone does not disclose his stake in a Pvt company ?

Russia. Once upon a time I was in municipal service, and I had to fill in the corresponding form where I confirmed that I was not engaged in any entrepreneurial activity or took a post in a privately held company. There is a law which gives a complete list of what public office is not compatible with in this regard. If it becomes known that you you broke the requirements, you obviously lose your position.

But people usually cede the corresponding rights to their trusted friends or distant relatives.