You're not wealthy yet, so you're not allowed to be wealthy

[styca]

Rich get richer, yes. Most societies are run in this way. I'm from the UK, and the "Prime Minister" is essentially the CEO of UK PLC. The country is run like a business, even the national health service is being moved into private hands, so that the rich can asset strip and provide the bare minimum of service whilst paying huge dividends to their friends. Everything is geared towards making sure that the rich keep their wealth. Even taxes are optional if you are rich enough.

This is why bitcoin is so important.

[1715628863]

1715628863

[stompix]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

Then start an ICO of your own with a new mechanism.

The less money you put in the more stakes you get! Break those obsolete rules of society!

I feel like there is a slight problem with it but I'm pretty sure you are going to fix it if you put your mind to it. Doesn't matter that it hasn't work in all human history, you'll do it!

Rich get richer, yes. Most societies are run in this way. I'm from the UK, and the "Prime Minister" is essentially the CEO of UK PLC. The country is run like a business, even the national health service is being moved into private hands, so that the rich can asset strip and provide the bare minimum of service whilst paying huge dividends to their friends. Everything is geared towards making sure that the rich keep their wealth. Even taxes are optional if you are rich enough.
This is why bitcoin is so important.

And what is Bitcoin going to change ? What will be different if you switch from the sterling to BTC ?

But looking at the big picture, they have gained massive profit because they risked a lot of money and if the ICO they invested into fails, then they also have bigger loss. What I mean to say here is that it is only fair for it to be that way they didn't get their money out of thin air right?

You don't understand his frustration!
When rich people gain money from investing, they are damn bastards because they make money.
When rich people lose money in an investment, they are damn stupid bastards because they are losing money.

[ratnaantiqu3]

Is there an ICOS regulation that mentions rich people who can join ..?
I think no, I mean They work hard for it and it's up to them how they will accumulate more money they have.
After all, if the rich, do not want to work. because everything is there
Everyone who works is a sign of the poor, still want to enrich themselves.
If we dare to take a big risk in our lives not always poor will always be poor.
all about the fate of the bet.

[mickeybuddy27]

Is there an ICOS regulation that mentions rich people who can join ..?
I think no, I mean They work hard for it and it's up to them how they will accumulate more money they have.
After all, if the rich, do not want to work. because everything is there
Everyone who works is a sign of the poor, still want to enrich themselves.
If we dare to take a big risk in our lives not always poor will always be poor.
all about the fate of the bet.

I agree. There is no use to discriminate those who are poor. Poor people have the ability to be rich through their hardwork, patience, and sacrifices. Not all rich people are rich because they already born with gold spoon on their mouth. They also start with nothing to have anything. They work on it as we work for our own to have wealth.

[JMD07]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

That's the reality. Life is not equal. Being a poor you must need to do more than to prove that you are intelligent enough to be in the society of rich people.
In the ico, the rich people are always a priority to the organizers while the poor people can only join if the hard cap is not yet reach.

[Tharel]

It's not even a requirement in ico that you have to be wealthy first, i've known many who started in cryptos as poor and yet they become rich. Change your perspective so that you'll attract more positive vibes. Just have to be patient and do your job.

[TheGodFather]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

I know for a fact that this is not only limited to the wealthy people and there is nothing that prohibits people from joining this ICO even if they are not. I refuse to believe that only the wealthier can get rich and I think that its really up to us in how we manage pur resources and how we can be able to maximize all that we can earn can dictate whether we can join the upper echelons of society

[wuvdoll]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

I know for a fact that this is not only limited to the wealthy people and there is nothing that prohibits people from joining this ICO even if they are not. I refuse to believe that only the wealthier can get rich and I think that its really up to us in how we manage pur resources and how we can be able to maximize all that we can earn can dictate whether we can join the upper echelons of society

All the investments programs are not only meant for wealthy people as even the people will not risk all their money in one single time. So we cannot climb wealthy people are getting wealthier due to investment oppertunities.

We need to note here ICOs are also providing opportunity to earn their tokens/coins for free of cost by participating in their different campaigns. We do not need to spend any money to contribute in their ICO in this way. So, how we can call it only wealthy people are getting wealthier. In my opinion it is completely meaningless as I am in real life experiencing this because I'm hating investing into new projects but I love social media campaigns.

[haroldtee]

It happens with start-ups, only accredited investors can have access to it, because of it:

An investor is accredited if he or she has a net worth of at least $1 million. That doesn’t count the value of their primary residence. Another way to become accredited is to have income of at least $200,000 each year for the last two years (or $300,000 together with a spouse) and expect to make the same amount in the current year.

But I don't know if it has any relation with ICO investments. If so, it's a pitty, as Crypto Currency came to give everyone the opportunity to invest, doesn't matter if you have $100 or $1.000.000. Maybe OP should provide some link about it for us.

I had no idea there has been any serious rule like that. I actually thought the OP was referring to a general life rule. However, our society and nature normally has always given the richer dudes the chance to get even richer, so there is no point dragging this anyway. The rich have the funds to invest more into any opportunity and they obviously will keep getting richer, while we the little guys down there just have to live with that or probably try hard and smart to get up there as well. The world generally is not fair, so you have to make it fair for yourself which is why you just have to GET RICH OR DIE TRYING. Keep working smart and may be you will get there.

With respect to ICOs, I have seen a lot of them having a limit to what you can invest so far, though not that bad for investment compared to the real world, but for a common man who may not have at least $200 to spare and risk, I guess I feel where the OP is coming from, so at the end, the poor ones are left out anyway and like I said, this should even stir the poor ones up the more, to keep persevering, being diligent in their doings, and smart as well, who knows? the opportunity to be wealthy may just surface one day.

[torch2121]

Yes I'm not, yet. Soon. Never say no to steps on getting wealthy. Sow now and sooner or later I'll harvest it.

[zander09]

It's not even a requirement in ico that you have to be wealthy first, i've known many who started in cryptos as poor and yet they become rich. Change your perspective so that you'll attract more positive vibes. Just have to be patient and do your job.

I agree, being wealthy is not required to be rich first, not all people start that have money actually many rich people i know start without nothing, like in bounty if you participate you can earn coin or token, in real life you need to work hard to become a successful  .

[supermam]

Anybody who have money can join ICOs there's no discrimination even thou your the richest or not there's nothing to do with the status in life even the poor one if they have money and want to invest why not.

[ricardobs]

It's not even a requirement in ico that you have to be wealthy first, i've known many who started in cryptos as poor and yet they become rich. Change your perspective so that you'll attract more positive vibes. Just have to be patient and do your job.

No, everyone can invest, no matter your financial level. The thing there is that it is difficult for someone who is poor to invest in ICOs when they don’t even have the money. So the rich ones are those who get the opportunity and use it to get more rich. The poor ones just study and learn everything, but they still get anything. It’s just like it is in the world, poor people go to school, but finds it hard to get their favorite job (sometimes they get none) but the rich can get most of the things they want, without even going to school to study for it, just because they have the one thing they call Connection.

[zhea]

No, all people wanted to engage bitcoin are welcome to join bitcoin wether you are wealthy or not as long as you have the knowledge and ideas that you can impart on all the topics given and a chance to join campaign and earn maybe its a good start for you to be able to invest from the salary you get. In reality there is unequal distribution of wealth, mostly the rich have the power on everything specially when it comes to money matter so they become richer and the poor people become poorer. But for me as long there is an opportunity to become wealthy why not work with it harder to reach what we wanted in life.

[BroganBloodstone]

It happens with start-ups, only accredited investors can have access to it, because of it:

An investor is accredited if he or she has a net worth of at least $1 million. That doesn’t count the value of their primary residence. Another way to become accredited is to have income of at least $200,000 each year for the last two years (or $300,000 together with a spouse) and expect to make the same amount in the current year.

But I don't know if it has any relation with ICO investments. If so, it's a pitty, as Crypto Currency came to give everyone the opportunity to invest, doesn't matter if you have $100 or $1.000.000. Maybe OP should provide some link about it for us.

Trouble is slow ICO's are starting to move in the direction of selling out in private sale as it is easier for them to do this than to sell to many individuals. Really hope the best ICO do not go down this route.

[yrrehc16]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

Crypto was build to make the people have the equality with the money, Bitcoin the father of all bitcoin was created to give the people a nice way to hold a currency. if that is your statement, they are disobeying what Satoshi Nakomoto wants to have for the people of the world.

[Harlot]

Actually the statement you have said is hard to believe as from what I know and what I have experienced ICOs and even IPOs in the stock market are great ways for a poor person to become a wealthy man. There are no laws or discrimination when it comes to investing as literally anyone even the minors can imvest in everything. Believe me a lot of people became rich because of investing there money on something that appreciates.

[Gabash]

All people have freedom to be wealthy, but it's impossible  because  not all  got lucky in this world. Speaking of reality and logically everything has an opposite. Whoever wishes to  become wealthy must learn on how some several people became successful in their  business or career.  Not all rich people have the same power and authority  just like a basketball team not all superstar.

[PalmerLaura]

Agree with TS. So much laws in different countries appear that only experiences investors can participate in ICOs. And I'm sure all the politicians, bureacrats are considered as "expereinced investors." It's 100% unfair.

[pusa aso]

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

i am joining bitcoin so that i could be wealthy someday so who told that if we are not wealthy we are not allowed to join that is very stupid suggestion,all of us have a chance to be wealthy if we will be a hardworking and have a patience in life so guys just be yourself and be practical for everything you do.