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There are plenty of old people buying lottery tickets. All of these justifications are just an excuse to erect artificial barriers around the early stage marke
by solosoyokaze 6y ago
There are plenty of old people buying lottery tickets.
All of these justifications are just an excuse to erect artificial barriers around the early stage market (aka where all the upside is). People should be free to spend their money as they see fit, even if that means shoveling it into a campfire.
- vinceguidry 6y agoThe lottery isn't a scam, it won't call you at bedtime threatening devastating legal action unless you take care of this very urgent business matter.
- solosoyokaze 6y agoIf that's the criteria for scam, investing in GameStop or early stage companies is also not a scam.
- vinceguidry 6y agoNo, but the Jordan Belforts of the world very much are.
- solosoyokaze 6y agoFraud and extortion are already illegal. It's totally possible to allow non-accredited investors access to early stage deals and continue to disallow fraud.