This is an important point to make; usually I am in favor of letting people do anything that they want to, however, the higher-risk it is, the more we should re

This is an important point to make; usually I am in favor of letting people do anything that they want to, however, the higher-risk it is, the more we should require them to demonstrate knowledge of that risk. But, critically, I'd prefer it to be about knowledge, rather than net worth or social connections. This is still much easier said than done (and as we saw from cryptocurrency IPOs, there are disastrous consequences from just letting people invest in anything they want to with zero laws or accountability, but that is obviously one extreme end), but I think there's still some room for easy improvement.