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Robinhood. r/wallstreetbets and other mainstream amateur investors investing or betting on crazy risky assets from crypto to options. Indie hackers - the last

Robinhood. r/wallstreetbets and other mainstream amateur investors investing or betting on crazy risky assets from crypto to options. Indie hackers - the last 5 or so years is the first time I’ve seen a lot of info laid out for this group to thrive. The traditional business and startup advice doesn’t apply directly. Expect to see a lot more people doing this as they get dissatisfied from work or just need a bit of extra income. Netflix and other networks raising awareness of social issues and kind of being in charge of what social issues get to be covered and what don’t. Related is education from Netflix instead of other sources. Online universities becoming the de facto way to get a degree and people opting for those kind of degrees to cut costs and get a job. So study CS or Stats rather than Chemistry (which requires a lab). Non remote degrees seen as an upper middle class luxury and will get more expensive.

wreath 6y ago
> Netflix and other networks raising awareness of social issues and kind of being in charge of what social issues get to be covered and what don’t. Related is education from Netflix instead of other sources. I started noticing this recently where even in Netflix shows (not documentaries) there are subtle messages. Honestly, I find it annoying because I'm there to decompress for an hour or so and not have these issues following me in one of the means of entertainments (i have enough of it at work and online already).
- rmrfstar 6y ago
  You literally cannot consume media without this feature [1,2]. There is nothing new under the sun. [1] https://en.wikipedia.org/wiki/Manufacturing_Consent https://en.wikipedia.org/wiki/Manufacturing_Consent [2] https://en.wikipedia.org/wiki/Necessary_Illusions https://en.wikipedia.org/wiki/Necessary_Illusions
Qub3d 6y ago
I'd be wary of Robinhood. Not only has its primary attractor (zero-fee trading) been replicated by all the big brokerages, it has also shown itself time and again to be really fast and loose in areas of finance that both hurt people and attract strong government oversight: * https://news.ycombinator.com/item?id=23523246 * https://news.ycombinator.com/item?id=18699995 Between stepping on toes and having the market for investors eaten away by bigger players, I would guess at either a slow decline or an acquisition is in RH's future.
- quickthrower2 6y ago
  Absolutely I’m just using RH as the lead example like MySpace or FriendsReunited was for social networks. I can see a lot of sports punters moving to become financial market gamblers, using platforms like this.
moonchild 6y ago
> Robinhood Well, you know the saying about fools and their money...

wreath 6y ago

> Netflix and other networks raising awareness of social issues and kind of being in charge of what social issues get to be covered and what don’t. Related is education from Netflix instead of other sources. I started noticing this recently where even in Netflix shows (not documentaries) there are subtle messages. Honestly, I find it annoying because I'm there to decompress for an hour or so and not have these issues following me in one of the means of entertainments (i have enough of it at work and online already).

rmrfstar 6y ago
You literally cannot consume media without this feature [1,2]. There is nothing new under the sun. [1] https://en.wikipedia.org/wiki/Manufacturing_Consent https://en.wikipedia.org/wiki/Manufacturing_Consent [2] https://en.wikipedia.org/wiki/Necessary_Illusions https://en.wikipedia.org/wiki/Necessary_Illusions

Qub3d 6y ago

I'd be wary of Robinhood. Not only has its primary attractor (zero-fee trading) been replicated by all the big brokerages, it has also shown itself time and again to be really fast and loose in areas of finance that both hurt people and attract strong government oversight: * https://news.ycombinator.com/item?id=23523246 * https://news.ycombinator.com/item?id=18699995 Between stepping on toes and having the market for investors eaten away by bigger players, I would guess at either a slow decline or an acquisition is in RH's future.

quickthrower2 6y ago
Absolutely I’m just using RH as the lead example like MySpace or FriendsReunited was for social networks. I can see a lot of sports punters moving to become financial market gamblers, using platforms like this.

moonchild 6y ago

> Robinhood Well, you know the saying about fools and their money...