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by TimJRobinson
1300 days ago
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Sounds like you live in the USA right? And probably have a good income? I tried for years but angel list never accepted me being an investor because of income or nationality restrictions. And other methods of gaining access to silicon valley startups didn't work out. Now imagine how hard it is for someone in India or Thailand to invest in USA startups. In crypto I can buy their token in seconds from anywhere in the world, no kyc required, and no middle men taking their cut to custody it for me. |
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This limitation was put in place for an extremely good reason: to protect people from getting scammed and also to prevent bailouts. A lot of people think they're savvy investors when they're not.