[sillysaurusx]

It also feels unreasonable to point to a generation long dead as proof of why we need financial protections today. I could see it if it was for criminal protections, but this particular protection has a risk/reward tradeoff way out of proportion.

If someone wants to risk $10k on a startup, they should be able to. It’s arguably a core American value that somehow got lost.

These are not folks who would be trying to get rich quick — crypto proved that they make for easy prey anyway. These are people who know that the way to get rich is to hold equity that rises in value dramatically over ten years, which the public markets rarely achieve. You’re competing against firms that do it full time, whereas those same firms would dismiss a promising startup whose founders you happen to know.

[throw0101b]

> It also feels unreasonable to point to a generation long dead as proof of why we need financial protections today.

/r/wallstreetbets enters the chat

:)