Re:Robinhood has lured young traders, sometimes with devasta...
by beagle3 on Wednesday July 08, 2020 @05:19PM
(#23774364)
Modern trading of the kind RobinHood provides is gambling. So is buying insurance. There are sometimes good reason to trade or buy insurance.
And most people who buy insurance, have a good reason to make that gamble. But many people who trade, certainly through RobinHood, have no reason to trade beyond gambling.
Robinhood's crime is that they make it easier (and some claim addictive) to gamble.
And most people who buy insurance, have a good reason to make that gamble. But many people who trade, certainly through RobinHood, have no reason to trade beyond gambling.
Robinhood's crime is that they make it easier (and some claim addictive) to gamble.