summer_steven

It also reminds me of my time in Southern Italy government officials with mob connections tried to exploit me when i lost my passport

Your wrong about their being no traditional American. A traditional United States surname is generally English, Scottish, or Welsh as those were the primary people living in the United States from 1550-1850.

For instance, I remember from History class that there were atleast 3 famous guys from the 1700s named "John Smith"

Ripple, the currency that is being investigated by the SEC ?

>How on earth can you tell if someone is a native citizen from their name?

Why are you playing dumb? He's clearly talking about someone with clearly foreign name, not someone from Canada.

I'm sick of people acting willfully ignorant in their arguments

In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married

> If you buy a lottery ticket, you are getting exactly the odds that were promised to you.

Casinos and the state lotteries do everything they can to convince people they will make profit. Do you think a regular Joe can calculate the expected value of a scratch card? Sure, he knows he has a 1/1,000,000 chance of winning the jackpot and a 1/25 chance of winning $20. He is being misled.

Therefore, since gambling companies are legally allowed to mislead regular people, then there is no reason to protect them from investing and maybe actually making a profit.

>> Why dont we regulate everything like that. Why do we allow people to buy unlimited lottery tickets or gamble everything away in the casino?

> They also carry less risk. Few people who "lose their shirt" say "oh well, I didn't do my diligence."

No they don't. Plenty of people lose their entire life savings in casinos, and plenty of poor people spend money on lottery tickets when they should be spending money on food.

You have not sufficiently explained how gambling is less risky than investing.

So it used to be "only white, male landowners are responsible enough to invest" and now its "only the very richest Americans are responsible enough to invest".

The SEC is blatantly discriminating. Why can't I sign a piece of paper and accept responsibility for myself? I'm a grown man with 200k+ in assets, I don't need the government to protect me.

> Accredited investors requirement is what allows one not to be a subject to Blue Sky laws.

You think its a fair trade to lock 95% of Americans out of the investment market in order to protect the elderly?

New law: accredited investing means passing a 1 week course to obtain an investment license, which must be renewed bianually.

Now we can keep Grandma Suzy safe (because she hasn't passed the class) without locking 95% of Americans out of the investment market.

The point of accredited investing is to lock the middle class out of the market.

If the law was really about "protecting people", then gambling and the lottery would also be illegal.

Also, why can't I sign a paper saying I accept the risk of investing? Why can't I become an accredited investor by passing a class? I can pass a series of classes to become an EMT and be trusted with peoples lives, but no classes are sufficient to educate me about investing in startups.

When you look at how the accredited investor laws are structured, its clearly meant lock the middle class out of the market

Not going to prevent aging as well as people think.

As cells age, the risk for mutations occuring when they divide increases. The reason these cells stop dividing and become senescent is because dividing elderly cells poses a high cancer risk.

I think this may buy the trappings of youth (plump skin, clear eyes, etc) at the cost of a higher risk of cancer.

I thought Zcash was only for Israelis?