[cj]

> therefore I must be dumb or something.

Part of the goal of regulation is to force companies to publish information regarding the securities you’re investing in so that you can make smart decisions.

When something is unregulated with no requirement to publish the risks of investing, it actively prevents you from having all the information a seasoned investor would want before making an informed investment decision.

(In other words, smart people can easily be conned if they don’t have access to information — which is also the primary reason people were against SPACs… they allowed companies to IPO without publishing regulatory documents intended to help investors make informed decisions)

[hef19898]

Added benefit: if a company didn't disclose or lie in disclosures, one can sue to get the money back (if anything is still left that is).

[Kinrany]

How is this relevant to the topic of accreditation?

[cj]

How is accreditation relevant to crypto?

Edit: after some googling, is the GP talking about accreditation for buying Ripple IPO stock?

[hef19898]

You don't need to be accrdited to buy shares in public companies anyway...