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I think it is ridiculous that Robinhood took the matters in their own hands to halt trading on GME. If anyone had to do this was the SEC. It is just outrageous.

brink 6y ago
The Parler incident sent a message across the tech industry that this kind of behavior is acceptable. Whether you liked Parler or not, the lynching of Parler was ultimately a loss for everyone for the precedent that it set.
- afavour 6y ago
  I’m honestly very confused why people keep trying to draw a parallel between Parler and Robinhood. Beyond “big companies can do whatever they want” there really isn’t much in the way of comparison. And big companies doing what they want is something we’ve known about since around the time big companies first started to exist.
  - zionic 6y ago
    The comparison is not between Parler and Robinbood, it's a comparison between companies that canceled Parler and Robinhood: Sweeping, unilateral, unaccountable power of institutions we had not appreciated the power of previously.
  - TeMPOraL 6y ago
    Parler (deplatforming, service) | | Discord (deplatforming, WSB) | | Robin Hood (functional ban, WSB) There similarities are not perfect, but enough to draw an analogy.
    - afavour 6y ago
      I’ll agree that there are similarities between Parler and WSB Discord issue (how much hate speech is tolerated on your platform is a decision made by your service provider, not you) but the WSB Robinhood issue is something else altogether.
      - totony 6y ago
        The Parler ban was a response from service providers so that they are not blamed for what their users (Parler) do (controversial opinion). The GME/etc ban is a response from Robinhood so that they are not blamed for what theirs users (retail inverstors) do (controversial trading activities/losing money).
- charonn0 6y ago
  I don't see a correlation between the two incidents.
vkou 6y ago
But they haven't blocked trading on GME. They still allow selling of GME. It's pretty blatant market manipulation.

brink 6y ago

The Parler incident sent a message across the tech industry that this kind of behavior is acceptable. Whether you liked Parler or not, the lynching of Parler was ultimately a loss for everyone for the precedent that it set.

afavour 6y ago
I’m honestly very confused why people keep trying to draw a parallel between Parler and Robinhood. Beyond “big companies can do whatever they want” there really isn’t much in the way of comparison. And big companies doing what they want is something we’ve known about since around the time big companies first started to exist.
- zionic 6y ago
  The comparison is not between Parler and Robinbood, it's a comparison between companies that canceled Parler and Robinhood: Sweeping, unilateral, unaccountable power of institutions we had not appreciated the power of previously.
- TeMPOraL 6y ago
  Parler (deplatforming, service) | | Discord (deplatforming, WSB) | | Robin Hood (functional ban, WSB) There similarities are not perfect, but enough to draw an analogy.
  - afavour 6y ago
    I’ll agree that there are similarities between Parler and WSB Discord issue (how much hate speech is tolerated on your platform is a decision made by your service provider, not you) but the WSB Robinhood issue is something else altogether.
    - totony 6y ago
      The Parler ban was a response from service providers so that they are not blamed for what their users (Parler) do (controversial opinion). The GME/etc ban is a response from Robinhood so that they are not blamed for what theirs users (retail inverstors) do (controversial trading activities/losing money).
charonn0 6y ago
I don't see a correlation between the two incidents.

vkou 6y ago

But they haven't blocked trading on GME. They still allow selling of GME. It's pretty blatant market manipulation.