Presuming drawing arbitrary lines must improve a situation is probably the worst argument I've heard on HN and that's saying something. Also astonishing to call

Presuming drawing arbitrary lines must improve a situation is probably the worst argument I've heard on HN and that's saying something. Also astonishing to call the difference between ~$1B in total wealth and ~$1M in wealth a "nit." I went out of my way to make sure the difference was far from a nit to show the absurdity so hey instead somebody just lied to make it sound practically the same, I love it. >You can do the same thing with literally any... I could marry any unwed woman or man who agrees, I could take any job who would have me. I could walk to any forest. I could.... Yes the fact that I could do it with any does not mean I shouldn't question the one I'm examining. > you have missed or are ignoring that one can now pass a test to become an accredited investor, no capital requirements at all If I want to be as cheeky as you I could characterize the cost of the licensure and/or exam as a capital requirement. Of course the $150 or whatever for the test, well in your mind the difference between ~$1B and ~$1M of wealth is jus a nit so hey they difference between $150 and $1M is just a nit and practically the same. I really dislike this kind of logic but hey it's the one you're playing so fair is fair. >your point is also out of date. .... we were talking about the accredited investors who were originally created in the Securities Act of you guessed it: 1933. Pardon me for doing exactly what they asked and looking at the "metaphorical blood" they insisted regulations were written in, you know the whole reason why "necessitated" was in the past tense because we were looking at history. You know this and this is a simple low effort tiresome deflection. >can now pass a test As an aside, not too keen in living in a society where if you have X amount of wealth defined in some way that you get to bypass following the law the same way as the poors who instead take a test to make sure they're worthy.