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Robinhood now has a 1-Star rating on the Google Play Store

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Re: Robinhood now has a 1-Star rating on the Google Play Store

#281
post #159

Earlier quoted context omitted.

At the risk of sounding like an "I told you so" type of person, it is frustrating to speak out and see others speak out about future consequences of these kinds of actions, only to be drowned out by people liberally applying the slippery slope fallacy argument.

I've never understood how a slippery slope argument is a fallacy, let alone a logical fallacy (like false syllogism or no true scotsman). The idea is essentially looking at current trends and extrapolating into the future. No prediction is necessarily correct, but it's not necessarily wrong either.

The other comment has it, but two ways to think about it. "If I have one glass of water I might have another. Then another. And so on until I drown myself."

The main one though is assuming the parties cant adjust course part way though. "If we turn this ship this way we will crash into that island in two days!"

Extropolation is different as it takes into a account changes in behaviour and real world constraints

Re: Robinhood now has a 1-Star rating on the Google Play Store

#282

Apple is blocking ratings of Robinhood on AppStore. Coincidence much ? "Its a big club and you ain't in it" - George Carlin

Don't think so. I just rated it now. It seems to work. https://apps.apple.com/us/app/robinhood-investing-for-all/id...

If you sort by most recent the last posting was yesterday (mobile)

Re: Robinhood now has a 1-Star rating on the Google Play Store

#283
post #271

Earlier quoted context omitted.

I've never understood how a slippery slope argument is a fallacy, let alone a logical fallacy (like false syllogism or no true scotsman). The idea is essentially looking at current trends and extrapolating into the future. No prediction is necessarily correct, but it's not necessarily wrong either.

A slippery slope argument assumes the maximum degenerate outcome of sliding down the slope as a certainty, that no one will be able to correct for, mitigate or reverse the slide when it starts. That's what makes it a fallacy - it's a thought terminating cliche meant to eliminate the possibility of nuance, as any middle ground is implicitly part of the slope. Otherwise, it's just an argument that risk exists, which is…

Slippery slope is a valid political tactic for those outside the Overton window.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#284

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

I think calling for violence then carrying out actual violence is a bit different than this. But yes, it's like these giants now have a taste for deplatforming and are liberally applying it now.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#285
post #271

Earlier quoted context omitted.

I've never understood how a slippery slope argument is a fallacy, let alone a logical fallacy (like false syllogism or no true scotsman). The idea is essentially looking at current trends and extrapolating into the future. No prediction is necessarily correct, but it's not necessarily wrong either.

A slippery slope argument assumes the maximum degenerate outcome of sliding down the slope as a certainty, that no one will be able to correct for, mitigate or reverse the slide when it starts. That's what makes it a fallacy - it's a thought terminating cliche meant to eliminate the possibility of nuance, as any middle ground is implicitly part of the slope. Otherwise, it's just an argument that risk exists, which is…

Or if it's really bad, they make up entirely fanciful slopes that you could fall down.

Does it count as a slippery slope fallacy if the government argues that not stopping encrypted communications will result in terrorists killing your grandma? Because I heard that one a lot when Bush was president and they haven't really ever stopped using it. Is there a better fallacy for that example?

Re: Robinhood now has a 1-Star rating on the Google Play Store

#286

One of the good things I see coming out of Robinhood blocking trading, Twitter and Reddit booting problematic users, Parler getting vaporized, etc. is a sudden realization amongst people of just how easily major parts of their lives can be instantly turned off by intermediaries. My hope is that this will drive a reformist movement around digital rights (speech, commerce, etc.) As well as a movement from platforms to…

I hope that these events make more people put their savings and time into their own projects instead of bitcoin and stocks.

...and stop the idea that you can make money by being a smart investor.

It is possible.

It is possible to make money buying lottery tickets too.

The best way to make money is to work for it. Yet because of a demand for profit and return on investment working people are getting squeezed with low wages and bad conditions.

Outrage at a invest platform doing some thing or another - I do not care about that. My outrage is at low wages and bad conditions for ordinary working people

Re: Robinhood now has a 1-Star rating on the Google Play Store

#287

Earlier quoted context omitted.

There’s no law whatsoever that says a brokerage has to trade all stocks.

In fact there are a number of stocks that robinhood doesn't list, namely CEFs and others

Sure, not listing a stock is entirely different than only allowing a user to sell a listed stock.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#288

Earlier quoted context omitted.

I definitely support the notion of moving from platforms to protocols, at least in theory. I do think you're going to run into the need to regulate wherever communication starts impinging on not-purely-informational constructs, like securities. I really hope that gambling on GME is not a "major part" of a significant number of people's lives.

I was thinking more about being able to trade online, not GME specifically. TBH 'protocols not platforms' has become kind of a slogan lately, but history doesn't make it look too promising. Email is a protocol, but it has largely been dominated by Google. A really compelling product can capture a protocol.

True but I just migrated my email away from gmail due to "general google worries" and most colleagues dont realise Ive changed and continue to email me

Re: Robinhood now has a 1-Star rating on the Google Play Store

#289
post #401
post #276

For pointers to other vertices of this story graph, see https://news.ycombinator.com/item?id=25933543 . The current thread is paginated like all the other big threads (to spare our poor server—yes, we're working on it). If you want to see all the comments you'll need to click through the More links at the bottom, or like this: https://news.ycombinator.com/item?id=25947697&p=2 https://news.ycombinator.com/item?id=2594…

(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand. (Sorry, non-JS users.))

The HN server has been so faithful to us. I hope it's feeling better soon.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#290
post #401
post #276

For pointers to other vertices of this story graph, see https://news.ycombinator.com/item?id=25933543 . The current thread is paginated like all the other big threads (to spare our poor server—yes, we're working on it). If you want to see all the comments you'll need to click through the More links at the bottom, or like this: https://news.ycombinator.com/item?id=25947697&p=2 https://news.ycombinator.com/item?id=2594…

(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand. (Sorry, non-JS users.))

You can also add YouTube-dl and GitHub.
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