Please end this thread..
Are you guys thinking about the legal implications of this? I mean imagine, if dare god, a JV FAILED? Some dick might decide it was because of the JV section on WF being the reason of him losing Trillions of pennies, and sue.
The BST is a seller and buyer scenario. It has some enforcement outside of paypal enforcement. Who would someone go to to enforce a JV? A mod? A admin? Jon? That's a legal nightmare.
Also, correct me if I'm wrong, I maybe, but some JVs maybe considered an investment, which would need a securities licensee to even discuss. Imagine if someone pulls a Bernie Madoff here and now Jon has the SEC breathing down WF's neck, since WF is actually condoning JVs here. Also, since several people are international here, doing business in countries that may or may not be friendly, now you got Homeland Security involved, and maybe Interpol, if someone pulls a scam. Also, Immigration would be involved if an "investor" is foreign and someone tried to run an EB5 investor visa scenario...
I can go on and on about the legal implications about this, but someone more knowledgeable should take over. I know all this from past business dealings and clients, so yeah, when you do promote cross border commerce, like real commerce, not buying a digital product like links or seo, but actual investments, creating corporations, etc, things become a headache for whoever owns the land that is running that show.
It's not worth the headache.
Probably why you haven't seen anyone at the top comment on this... But again, that's just me rambling on... don't take anything I say seriously...
Carry on...
You are absolutely wrong...
1.If we think like as you say ,all the webmasters forum(excluding wickedfire) have a JV Section and only a few have moderating etc..but not even 1 forum is under legal problem due to any scam taking part there ...or not any head ache for having the section...You are talking some thing very new..
For example , bhw - a single JV Thread has scammed around 15k USD ,but Diamond Damien(owner of the forum) does not even bother about it or he is not under ANY Legal problems...or probably he does not even know such thing is happening there..Can you say 1 example for your claim to be afraid ?
So how will the forum be responsible if any users are scamming ?
it's the responsibility of users of what ever they fall in...
What you are saying is like if a buyer on BST is scammed , according to your thought , wickedfire is responsible for that..but actually it's the seller..wickedfire may or may not take action against it , but ofcourse they are not under any legal issue...
p0ck3taces Said it correctly :
A JV section doesn't need to mean an investment section. It can be clearly laid out in the rules asking for investment is not allowed...
An example for this - wafo..
My opinion on this thread now :
I myself is an investor and have invested in various web opportunities and i would definitely like to see a JV Section on wickedfire..to invest more..