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
Yeah maybe you are right... We need to accept this hard facts that it is truly happening in our society... Even before cryptocurrency exist it already happened... People who belongs in a high class society can live much better here in this unfair world because they have are granted for lots of chance... Unlike those who is not so rich they will really need to strive harder first before they reach their success... It happened because rich people can spend to much than us without thinking a great lost for them...