Hacker News Reader

I don't see the problem with this.

With a library card, a person can act irresponsibly with public property.

With a corporation, a person can act irresponsibly with private property.

If the scope of potential damage were limited to the assets owned by said corporation, perhaps.

In reality, a corporation so isolated would have no reason to exist.

In reality, a corporation with no documentation or operating history will have a hard time getting access to other people's assets. The requirements to actually operate a corporation are a lot more stringent than the requirements to create one on paper.

Reply on news.ycombinator.com