4 ms·

I dunno, I feel it's just democratizing insider trading. And as everyone knows, if it has "democratizing" in it, that means it's automatically good.

• Terr_ 6mo ago
  In a way, it's even worse. (Yes, I know the post is sardonic, I mean it's even worse than that.) Many of these things are not really democratized either, they're centralized systems with a "we empower you" sales-pitch. The opaque and unaccountable central authority has an incentive to pick-and-choose what's possible, and to put their thumb on the metaphorical scales to get certain outcomes. Kind of like ride-share apps: Any pretense of "democratizing" jobs faded, instead they enabled new flavors of monopolistic exploitation.
  • ares623 6mo ago
    It's funny, after posting the above message I started thinking what else can be made to sound "good" just by prepending it with "democratizing". Surprisingly it works really well.
    • Terr_ 6mo ago
      Professor Farnsworth: "Good news, everyone! We're democratizing your health insurance!" Leela: "You mean we can all together vote on the best plan?" Farnsworth: "Hmm? Oh yes, as long as you do it all alone."
• seydor 6mo ago
  > democratizing insider trading Those are contradictory words