> we went through this whole ICO bubble to realize that things are the way they are for a reason
That may be overly reductive. My views on several rules changed as a result of observing the ICO phenomenon.
For example, I used to be skeptical about accredited investor requirments. Turns out, they're super necessary! On the other hand, I think Regulation D could be massively simplified--from a required paperwork perspective--to lower the cost of selling unregistered securities.
That may be overly reductive. My views on several rules changed as a result of observing the ICO phenomenon.
For example, I used to be skeptical about accredited investor requirments. Turns out, they're super necessary! On the other hand, I think Regulation D could be massively simplified--from a required paperwork perspective--to lower the cost of selling unregistered securities.