[qeternity]

> Then I thought about it more and I think the reason why we have accredited investor laws is because we don't actually have that strong of a social safety net. For example, I've often wondered how much risk people would be free to take if we had a UBI or government dividend or whatever ya wanna call it. If people had a guaranteed income (or guaranteed home or guaranteed other basic service), how much more risk would people be able to take? I imagine a lot.

Yes, and then what do you do when they have taken all that risk with their UBI? UBI only works if you draw the line there - you have to tell people there is no other support. Otherwise they will just gamble their UBI away and fall back on the same safety nets that currently exist.