3 ms·
> With extreme inequity, who's gonna make all the smaller bets? The more large, visible winners you have in a society the more us little people are incentivize
by nickpp 2y ago
> With extreme inequity, who's gonna make all the smaller bets?
The more large, visible winners you have in a society the more us little people are incentivized to buy those lottery tickets. Crowd funding, angel investing and small funds do exist. Or even Robinhood.
- specialist 2y agoSince you mentioned Robinhood: What impact have they had? Are their users better for using Robinhood?
- WalterBright 2y agoRobinhood enables anyone with a phone and a credit card to invest in stocks. Of course, you can make or lose money investing in stocks. But you cannot claim that investing in stocks is only available to connected wealthy people.