In this land of the free that I happen to live in, companies can be compelled to release any information on their clients. Whats more they can be prosecuted for letting their clients know that they have been forced to release this information.
This naturally has no bearing on a company based in Romania, other than what can be brought to bear in the form of local armed thugs with the conviction that they have a right to inflict violence. I'm not at all up to speed on the politics of Romania, but I'm pretty sure the USG hasn't started a drone campaign to eradicate the terrorist (anyone who disagrees with them) yet.
This may become an issue with any US based company like III though. I would suggest giving them as little actual information as possible for your protection as well as theirs. They can't be compelled to release information they don't have.
Perhaps a dead mans switch would work. Perhaps a post every day from III to the effect of "we have not been approached by armed thugs attempting to steal our data today" If a day goes by and you don't see that post then you might have something to worry about.
That is paranoia you're displaying. Invictus does not own Bitshares. The shareholders own Bitshares.
That means the government will just approach each one of us directly if there is a problem.
And they'll find out who has Bitshares when you pay your capital gains taxes. So the best defense in my opinion is transparency.
Give the government everything you are legally required to give. Comply with the law only as far as you are legally required to. Don't interact with the government any more than you are legally required to and don't volunteer to help with investigations, it's not your job and you won't be rewarded for helping to put someone from the community in jail.
I think Invictus is as safe as any company on Kickstarter but I'm not a lawyer. I don't even know the tax implications of this yet.
Paranoia? My accurate depiction of doing business in the US? My joking reference to drones in Romania?
My understanding of capital gains in that you are only required to report it when you cash out. I don't know about you but I have no intention of trading my BTS for USD.
Of course everyone should obey the armed thugs to the extent required to prevent them from being a victim of their state sanctioned violence. You should almost always do what the man with the gun to your head says.
Transparency? really buddy? I suggest everyone keep only the absolutely required records (perhaps legally required would be a better way of stating it)
Even what you have to keep, or your communication. Encrypt everything. I take great solace in the fact that if the bastards want to look at the baby pictures I send my family they are going to have to waste the time and money decrypting it.
Now of course I don't suggest anybody disobey the armed thugs, that would just be stupid. They have trained murderers on their payroll that honestly believe they have the right to kill you if you don't respect their authoritie, and I'm the sap that feels absolutely terrible if a possum or a bunny rabbit runs out in front of my car.
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