We advertised our services as "registered" or "licensed," and we never thought about it beyond that point. After all, that was the way things were done, and we knew that it would help our customers trust us.
There is, however, another side to registration, one that's about to bite a lot of decent people… and hard.
What Is Registration, Really?
What did we do when we registered with a government agency? We gave them our name, address, birthdate, and so on. If we thought about it at all, we thought that they were acting as some kind of guarantor of our services. But what really happened was that we told them how to find us and hurt us. Registration involves making ourselves easy to find by enforcers, and placing ourselves at their mercy. Yes, I know that we did it ignorantly (I know I certainly did) and out of necessity, but we did hand our best "how to find me" information to enforcement agencies.
Now, what I've described above involves commercial and professional registrations. Unfortunately, the same thing applies to bank accounts and retirement accounts. When you register those with a government, you're telling them where your money is and making it very easy for them to seize it.