Which is good because accredited investor laws prevent poor people from obtaining wealth in the same way the wealthy do. It's an uneven playing field.

Let me give a concrete example: The first time I used Stripe and Uber, I immediately wanted to invest. But I couldn't because I wasn't wealthy nor well connected enough. If they had been a DAO, I could have invested $100 and paid off my student debt and theoretical mortgage AND probably covered losing investments. One winner covers many losers, which is how VCs play the game. That's the power of early investment.

Those kind of returns are only available to the already wealthy under our current laws. Why should that be? By the time a company IPOs most of the opportunity has already been extracted. How many of us have wanted to invest in Stripe for years now? We still can't. We can only sit and watch as its largest growth years go by and the rich get richer. In the eventual IPO they'll sell their shares to us now that they've appreciated by orders of magnitude. These laws should be abolished, but I wouldn't hold one's breath. So I'm in favor of the cryptoeconomy being an alternative that one can opt into.