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Re:BitConnect Closes Exchange as States Warn of Unregulated ... by JumpCrisscross on Tuesday January 16, 2018 @10:28PM (#16165228)
> the youtubers would have had to phrase their claims very carefully

Ponzi schemes are one of those things you can't disclose your way out of.

Sort of like HIPAA [1]. If you violate HIPAA, "we disclosed our non-compliance to the patient" is an inadequate--and borderline aggravating--excuse.

[1] https://en.wikipedia.org/wiki/Health_Insurance_Portability_a...

Disclaimer: I am not a lawyer. This is not legal advice.

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by paulie_a on Wednesday January 17, 2018 @09:03AM (#16167918)
Off topic: why do people put "I am not lawyer" disclaimer on posts?

Ive rarely seen that sort of disclaimer about any other occupation

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by 52804375092485 on Wednesday January 17, 2018 @09:51AM (#16168281)
When actual attorney's are talking about legal issues, they'll usually say something like "I am not your lawyer" as a defense against entering into an attorney-client relationship which creates a bunch of complications.

So I guess the "I am not a lawyer" is sort of a corruption of that, a magic spell invoked by not-lawyers to save themselves from not-problems.

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by dragonwriter on Wednesday January 17, 2018 @02:59PM (#16171225)
Practicing law without a license is an offense in many jurisdictions; providing legal advice is in some cases within the scope of legal definitions of practice of law. (For people in certain roles outside of but around the legal profession, even implicitly holding oneself out as a lawyer or person qualified to practice law may have additional concerns.)

While public comment for which no one has been charged money may be outside of the bounds of what would be covered by most such laws, some people view it as best to be clear (and, in any case, such a disclaimer served as meta-legal advice that the matter at hand is one on which you should consult a lawyer if you have critical concerns.)

And, there are other concerned for lawyers in communications that might be mistaken for providing legal advice.

All that combined to justify disclaimers that include some or all of, as applicable:

I am not a lawyer.

I am not your lawyer.

This is not legal advice.

(Incidentally, I am not a lawyer, I am not your lawyer, and none of this is legal advice.)

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by Crespyl on Wednesday January 17, 2018 @11:16AM (#16169074)
I always understood it to be a caveat that the speaker does not have much or any formal legal education (much less in the specific state/country relevant to the conversation) and that nothing should be taken as actual legal advice by the reader, even if their situation seems similar.
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by snowwrestler on Wednesday January 17, 2018 @04:12PM (#16171874)
It's an attempt to inoculate against the charge of practicing law without a license--which might seem incredibly unlikely, but that's how they got Ulysses Everett McGill.
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by ncallaway on Wednesday January 17, 2018 @09:17AM (#16168024)
Because in many jurisdictions it is illegal to represent that you are a lawyer or provide legal advice if you are not a lawyer.

http://hirealawyer.findlaw.com/do-you-need-a-lawyer/what-is-...

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by paulie_a on Wednesday January 17, 2018 @09:35AM (#16168145)
But that doesn't require a disclaimer, if anything that just requires you to not claim to be a lawyer. Additionally: what recourse does someone have even if they read a random internet comment as legal advice. Pretty much zero.
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by nkrisc on Wednesday January 17, 2018 @10:06AM (#16168437)
Lay people can comment and give their opinions on matters of law. They just can't claim to be or represent themselves as a lawyer if they're not.

Of course that opinion is worth the paper it's printed on.

I am not a lawyer.

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by roel_v on Wednesday January 17, 2018 @02:10AM (#16166074)
Remind me, because your comments in this thread don't make it quite clear to me - are you a lawyer? Is this legal advice?
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by dang on Thursday January 18, 2018 @04:14AM (#16175747)
This crosses into incivility and offtopicness. Please don't; it leads to junk, as the subsequent comments here demonstrate.

https://news.ycombinator.com/newsguidelines.html

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by Marazan on Wednesday January 17, 2018 @03:26AM (#16166361)
I believe the reasonable person test would result in a court coming to the conclusion that he had presented himself as neither a lawyer nor that he was giving legal advice.

However, I am not a lawyer and this is not legal advice

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by avip on Wednesday January 17, 2018 @06:05AM (#16166995)
I think one should say "neither he had... nor was he giving..."

However, I am not a native English speaker and this is not a grammatical advice

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by roma1n on Wednesday January 17, 2018 @07:07AM (#16167239)
this is not grammatical advice (uncountable, no 'a')

Disclaimer: I am not a native English speaker and this is not grammatical advice

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by Anderkent on Wednesday January 17, 2018 @12:01PM (#16169554)
Your advice was grammatical, actually.

Disclaimer: I am not a native English speaker, and this is advice about grammar.

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by aiCeivi9 on Wednesday January 17, 2018 @03:46AM (#16166447)
Is disclosing yourself as not a lawyer enough to excuse from giving legal advice?
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by Y_Y on Wednesday January 17, 2018 @05:11AM (#16166809)
It's nonsense about letting people claim they thought you were their lawyer. Like the myth about cops not being allowed to lie about being cops.

I am a lawyer, this is legal advice and you are now my client

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by arethuza on Wednesday January 17, 2018 @08:03AM (#16167525)
I'm pretty sure a real lawyer would have ended that with "... and here is my bill" ;-)
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by skrebbel on Wednesday January 17, 2018 @07:29AM (#16167332)
Comments like these makes me sad I don't get a monthly supply of extra upvotes.
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by daemin on Wednesday January 17, 2018 @05:14AM (#16166817)
I got told this from a friend that studied law (but is not a lawyer). That to put a disclaimer of "I am not a lawyer" when giving opinion about legal matters is so that they will not be prohibited from practising law in the future, or prosecuted for misrepresenting or impersonating a lawyer.

I guess someone that has studied law more or is an actual lawyer can weigh in on this in an unofficial capacity (because we are not paying them for advice!).

Re:BitConnect Closes Exchange as States Warn of Unregulated ... by TeMPOraL on Wednesday January 17, 2018 @06:36AM (#16167102)
I always assumed that the "this is not legal advice" part (and similarly, "this is not medical advice") are meaningfully used by actual lawyers (or doctors), so that you can't sue them for malpractice over something they said that was tangentially related to what they do for a living.
Re:BitConnect Closes Exchange as States Warn of Unregulated ... by JumpCrisscross on Wednesday January 17, 2018 @07:10AM (#16167253)
It’s less CYA than a reminder that one should seek legal advice if the subject matter is personally relevant. I would hate for someone, who watched a YouTube video and then lost more than they could afford to BitConnect, to mis-step because they mistook my Internet comments for authoritative advice versus banter and commentary.