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Re:The Criminal Underworld Is Dropping Bitcoin for Monero by ifdefdebug on Wednesday January 03, 2018 @09:59AM (#16061455)
wtf is an "extrajursidictional company"? Do you mean you are running a tax evasion scheme?
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by the_stc on Wednesday January 03, 2018 @10:19AM (#16061643)
An extrajurisdictional company operates outside of existing jurisdictions. It might be helpful to think of us as being headquartered in space...if our opsec is correct, we might as well be! (Otherwise I'll be arrested and our contingency procedures will kick in to work with the successor.)

It is not for tax evasion: we fully intend to comply with tax law everywhere we offer service, though there are some practical issues. We chose EJC vehicle due to worldwide laws on sex work and unregulated securities. For example: In the U.S. mere advertising sites run the risk of legal persecution. How much more so for a full escorting platform?

Re:The Criminal Underworld Is Dropping Bitcoin for Monero by sillysaurus3 on Wednesday January 03, 2018 @03:31PM (#16064779)
I've been watching your progress for awhile now. I'm pretty convinced you're not just doing this to con people. You're genuinely trying to start something new.

If you run with people's money, you will discourage anyone else from attempting this. But if you're genuine, then this could be the start of a unique kind of model.

Best of luck, assuming you're honest.

I have no opinion on your specific company. It's more interesting that you're using ICOs to fund your operation, and that you seem to have a chance of succeeding.

One tip, though. Be prepared for unfair behavior. If LEA decides to contact the NSA to help track you down, they can probably figure out some way to trip you up.

Also, it's probably important to show some kind of hard progress. Hopefully you'll release something soonish.

Re:The Criminal Underworld Is Dropping Bitcoin for Monero by arethuza on Wednesday January 03, 2018 @10:48AM (#16061921)
"extrajursidictional company" sounds like an oxymoron to me - companies are legal constructs (at least by any definition that I have heard) so having a company "outside" a legal jurisdiction would appear to be impossible?
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by the_stc on Wednesday January 03, 2018 @01:02PM (#16063303)
Company can refer to a group or team in addition to the legal construct. As a thought experiment if someone winked into existence in orbit around Earth and started selling data, it seems quickly understood if they were to call themselves a company.
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by everdev on Wednesday January 03, 2018 @11:32AM (#16062370)
Where do you live? Pretty sure that country has legal jurisdiction over you.

Where is your money kept? Pretty sure that country has legal jurisdiction over your company.

A smart contract / contingency procedures sound great but aren't bulletproof. When people are threatened with jail or losing everything they tend to cooperate.

Re:The Criminal Underworld Is Dropping Bitcoin for Monero by antihero on Thursday January 04, 2018 @05:57AM (#16069358)
I'm interested in this escorting platform, as I've been considering building one that is designed from the perspective of protecting sex workers and enabling them to operate more safely, as opposed to shitshows like AW that are just awful and exploitative.
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by rajacombinator on Wednesday January 03, 2018 @07:16PM (#16066795)
Recommended reading on this? Asking for a friend. (EJC, not the hookers.)
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by nu-world-odor on Wednesday January 03, 2018 @10:40AM (#16061851)
you mean you're a pimp then
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by deadmetheny on Wednesday January 03, 2018 @11:20AM (#16062242)
"Short-term relationship facilitator" is a far more marketable term, though
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by Avshalom on Wednesday January 03, 2018 @11:22AM (#16062261)
Well if they're worried about international sex laws they're presumably more of a sex trafficker.
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by the_stc on Wednesday January 03, 2018 @12:57PM (#16063238)
No, we explicitly do not work with pimps or traffickers. Users must be of age, and we will do what pattern recognition we can to detect when multiple accounts are controlled by one entity.

Escorts spend a huge amount of time (up to 70% or more) doing non-billable work. We aim to cut that time down significantly, while making things smoother for everyone involved.

Re:The Criminal Underworld Is Dropping Bitcoin for Monero by kylek on Wednesday January 03, 2018 @11:07AM (#16062111)
Been seeing this a lot lately. I can't picture anyone saying it with a straight face.
Re:The Criminal Underworld Is Dropping Bitcoin for Monero by jacobush on Wednesday January 03, 2018 @10:29AM (#16061741)
Newspeak for illegal.