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0 sats \ 6 replies \ @klk OP 24 Jun \ parent \ on: Is it too early to get paid in Bitcoin? bitcoin
I wonder why did you go the “legal” way to begin with. Wouldn't it be a lot cooler if you didn't? And you wouldn't have a lot of headaches, at least the bureaucracy related ones.
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0 sats \ 5 replies \ @k00b 24 Jun
you have to pick your battles. it's not like i'm running a landscaping company.
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0 sats \ 1 reply \ @supratic 24 Jun
especially with investors... do they require dividends in fiat or sats?
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0 sats \ 0 replies \ @k00b 24 Jun
startup investors receive equity without the expectation of dividends
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0 sats \ 2 replies \ @klk OP 24 Jun
IDK looks just easier to not register as a company. I can't even imagine how a tax inspection looks like for such a complex platform (LN routing fees, rewards pool, zaps, territories, ...). So I'm probably missing something. Is it just to have a way to justify your personal income to the IRS?
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0 sats \ 1 reply \ @k00b 24 Jun
how do you sell equity to investors without a legal entity? how do you shelter your personal assets from frivolous lawsuits? those are the two primary reasons why people form companies.
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0 sats \ 0 replies \ @klk OP 24 Jun
I see... Maybe this is an important line of work for hyperbitcoinization. There should be a better way to have shared ownership over a company. And your personal assets should be out of the map to begin with, probably even your real name to protect them.
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