News for hackers. Stuff that matters.

A comment on Russian FOSS activist arrested in Russia for his Tor exit-node. Parent comment

Re:Russian FOSS activist arrested in Russia for his Tor exit... by igk on Wednesday April 12, 2017 @01:34PM (#14099826)
>and finally, there is at least one jurisdiction in the world that still offers legit bearer share companies which require no registration. And your entity no longer needs a banking relationship to acquire goods and services.

what does this mean? what is a bearer share company? and which jurisdictions would that be?

[ Parent | on HN ]
Re:Russian FOSS activist arrested in Russia for his Tor exit... by schoen on Wednesday April 12, 2017 @01:58PM (#14100073)
> what is a bearer share company?

A bearer instrument is an instrument which states that it is owned/controlled/usable/valid for the benefit of whoever possesses it, and normally doesn't rely on registering that ownership with an authority.

https://en.wikipedia.org/wiki/Bearer_instrument

A bearer share company is a company that doesn't know or register who owns it. If, at a particular moment, you own the physical certificates that connote ownership, you own the company.

[ Parent | on HN ]
Re:Russian FOSS activist arrested in Russia for his Tor exit... by seanp2k2 on Wednesday April 12, 2017 @01:51PM (#14099994)
I read this as a "to really understand this if you need to actually consider doing it, one must do their own research on the matter" weed-out-while-still-confirming-type responses.
[ Parent | on HN ]