Dan Kent

Yeah.

The one rule that makes sense is, you know, that you're wealthy enough to absorb the losses, but like the sophistication around understanding the risks, like you could just make a lot of money.

Yeah, the rule doesn't make sense to me.

They're opening up regulations to the point where you can... The prediction markets is a prime example of that.

They'll let a retail investor blow $50,000 in a day if they wanted to on prediction markets, but you can't buy a private company without $5 million in assets.

It's like...

it doesn't make sense to have these rules in place.

I think if you want to do this, you should be able to do it regardless of what you're worth.

Now, that said, most people will not be able to do it because we went over those minimums.

Like most people don't have 60.

You know, you probably need to be an accredited investor by the thresholds to probably be able to actually buy these things.

But that doesn't mean you shouldn't be allowed to.

Like if somebody can take

their entire, you know, if they had $60,000, they should be able to buy a private company just the same as they should be able to log on to any sort of gambling site and, you know, spend the money that way.

It just doesn't make sense how they're so lenient in that regard.

But when you're actually investing in these companies, they say, no, you have to be not necessarily wealthy, but you need to have a lot of assets to do so.

It's, it's very weird.

Yeah, I agree.

I mean, if you want a good view of how you can do this on anything, just look up the Allied Properties Reddit, where whoever it was took a quarter million dollars when Allied Property was like... He pretty much... Or him or whatever put their... I remember.

Yeah.