4 ms·
Dude it's my fuckin' money. I don't need or want protection. Maybe I want to buy a couple hundred dollars of meme stonks solely because it's funny. Is that not
by nickysielicki 6y ago
Dude it's my fuckin' money. I don't need or want protection. Maybe I want to buy a couple hundred dollars of meme stonks solely because it's funny. Is that not allowed?
- wocram 6y agoI imagine the paternalism argument would be something like "currently GME is part of a ponzi scheme, and you would be defrauded by making this purchase".
- imtringued 6y agoIt's a ponzi scheme where early stage investors are forced to buy the products of late stage investors.
- gmm1990 6y agoIt’s their fucking trading platform if they want to defend people from investing in a Ponzi scheme is that not allowed.
- nickysielicki 6y agoI just wish they'd say that they have a vested interest in the ponzi scheme failing rather than telling me I'm not smart enough to make the decision to throw my money away. And that's really what this is all about.
- gmm1990 6y agoIt's probably a liability concern on their part, but they also want people to have money to trade in the future too. If Robinhood users had any chance of actually making a bunch of money on this it would only be in Robhinhoods interest to allow people to continue buying. (if their users have more money in the future they will trade more)