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Re:Robinhood S-1 IPO by yreg on Thursday July 01, 2021 @03:49PM (#27703741)
I'm not saying we should be stopping them. But I also don't consider democratising and enabling gambling or taking drugs heroic.

Similarly, I'm all for drinking alcohol yet wouldn't cheer for an innovation that would make people drink more.

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That being said, I think that RH (and many other platforms) do in fact democratise investing (and that's great).

Re:Robinhood S-1 IPO by wanderingmind on Thursday July 01, 2021 @05:59PM (#27705431)
Do you consider legalising drugs as good for the society? Do you think drugs won't be advertised like how cigarettes and alcohol is being advertised. This is the price to live in a free society. You allow people to make their mistakes and live by its consequences.
Re:Robinhood S-1 IPO by tonfa on Thursday July 01, 2021 @06:39PM (#27705758)
> Do you think drugs won't be advertised like how cigarettes and alcohol is being advertised

Many countries ban advertizing for cigarettes. So while it's not banned the cost on society and public health is large enough that it's worth restricting advertizing.

I realize that likely seems totally weird for US folks, but that's really not weird at all in Europe. Same as regulating advertizing targeting kids, etc.

Re:Robinhood S-1 IPO by valleyer on Friday July 02, 2021 @12:55AM (#27707928)
The US has banned tobacco ads on TV and radio for over half a century. It does not seem "totally weird" to us.
Re:Robinhood S-1 IPO by tonfa on Friday July 02, 2021 @03:24AM (#27708718)
Then I understand parents comment even less :)
Re:Robinhood S-1 IPO by yreg on Friday July 02, 2021 @03:02AM (#27708605)
I don't get how that's relevant? I can consider legalising X good and also consider it bad when more people in the society become addicted to X. That's not an inconsistent view.
Re:Robinhood S-1 IPO by wanderingmind on Tuesday July 06, 2021 @07:38PM (#27755725)
Yes ofcourse the view is not inconsistent. The trouble is most people immediately want the government to get involved to regulate it all the activities that they do not like or do not approve of.