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taericyesterday at 4:45 PM1 replyview on HN

I didn't give any money in that hypothetical. Rather, I convinced a lot of other people to give them the loan. That is, largely, exactly what fundraising is. You convince other people to give money to someone or something.

If people are regularly doing this at my request, and it is constantly going to someone that just burns the money, how are people still taking my requests?


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coderintheryeyesterday at 5:06 PM

That's soliciting, which is regulated at least for soliciting non-accredited investors.

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