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A comment on Initial Coin Offerings Horrify a Former S.E.C. Regulator. Parent comment

Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by banderman on Monday November 27, 2017 @04:42PM (#15791733)
The track record of humanity's decision making indicates that your statement is not accurate for a significant portion of the population.
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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by BearGoesChirp on Monday November 27, 2017 @05:17PM (#15792108)
Where do we draw the limit at limiting adults for their own good?
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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by mindcrime on Monday November 27, 2017 @05:49PM (#15792391)
Initiation of force or fraud.
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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by BearGoesChirp on Monday November 27, 2017 @06:00PM (#15792493)
How does the above scenario of limiting who can invest fall under these?
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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by mindcrime on Monday November 27, 2017 @07:32PM (#15793176)
It doesn't. :-)
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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by eternalban on Monday November 27, 2017 @05:12PM (#15792057)
Curious:

Does that also apply to "democratic" processes?

Should only "accredited citizens" have the right to vote?

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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by fooker on Tuesday November 28, 2017 @04:20AM (#15795631)
Is that truly a bad idea?

Having to pass a test to demonstrate you understand the policy choices and how they affect you could be a good idea if done impartially.

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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by eternalban on Wednesday November 29, 2017 @09:31AM (#15807011)
Well, yes, it does have some merit but "done impartially" is the hair in the ointment, isn't it.

But to the point, categorical denial of access to a participatory space -- here based on your bank balance -- is akin to denying voting rights based on gender or color.

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