The SEC has been working on accreditation laws for non-accredited investors to participate in equity crowd financing and crypto, following the footsteps of GameStop and Robinhood. However, despite the appetite for speculation and money stores, there's still no significant use case for Crypto.
The speaker remains skeptical of the use cases for decentralization aside from speculation and money stores, despite the potential value of ten trillion dollars.
This episode discusses the appetite for equity crowdfunding among the 96% of Americans who are not accredited investors, and the potential changes in accreditation laws by the SEC. The guest speaker also highlights the importance of small investments to fund startups compared to larger investments in crypto that can lead to bigger financial holes.