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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

#331

Post by MockObject »

thisiscorrect wrote: post #252
daenz wrote: 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.

When you do it, it's the slippery slope logical fallacy. When I do it, it's logical induction, a necessary component of reasoning about the world.

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

#332

Post by dj_mc_merlin »

dang wrote: post #401
dang wrote: 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.))

Thank you!

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

#333

Post by QuesnayJr »

freeone3000 wrote: post #111
QuesnayJr wrote: post #89

Earlier quoted context omitted.

I think this is possible, but do we know for a fact this is the case? Melvin claims they already got out of the GME trade. They could be lying, but they would open themselves to a lawsuit from investors if they were. I'm not sure if Citadel can just refuse to purchase GME (RH could just go elsewhere), but maybe they said they wouldn't pay RH anymore for order flow unless they blocked it. But do we know that Citadel d…

RH could not just go elsewhere; moreover, they absolutely could not go elsewhere today . Handling order flow for automated transactions isn't something you can find on short notice.

I think they can go elsewhere. If Citadel can't beat national best offer, they are supposed to go with the national best offer.

https://en.wikipedia.org/wiki/National_best_bid_and_offer

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

#334

Post by amelius »

ttymck wrote: post #259
amelius wrote: post #210

Earlier quoted context omitted.

Yeah but if I see 0 stars the result is that I'm assuming that there were no votes.

Many platforms I have seen (Amazon Prime Video comes to mind) use: **** (XX,XXX votes) when displaying ratings (meaning average 4 star rating, for XX,XXX total votes) -- it is succinct and informative.

In that case, I might assume that the website uses white/gray stars instead of yellow ones to denote a higher score.

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

#335

Post by ziziyO »

worker767424 wrote: post #202
alangibson wrote: post #80

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…

Throwing this out there, too: assorted government restrictions and lockdowns imposed by regional public health officials. The early ones were more justified because we knew less, but as the pandemic drug on, the burden of proof justifying closures needed to increase, and legislators needed to step up and legitimize the policies. It's like how the president can wage war for 90 days, but then has to get approval from c…

We needed to put more people at risk because we couldn’t prove that they would get sick?

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

#336

Post by mikepurvis »

kemayo wrote: post #294
thisiscorrect wrote: post #252

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.

It's because it's not an argument about the thing itself, it's an argument about a speculative thing that might happen. You can rebut it by just saying "but that won't happen". So using it in an argument kinda inherently gets you into an unprovable realm.

In various avenues where it commonly appears (guns, gay marriage, speech, privacy, etc) it's particularly unhelpful because the US typically lags other western nations on this stuff.

So an opposition that relies on "what if" scenarios to oppose progressive change is often one which is either unaware-of or has explicitly looked at other nations that are 10-50 years ahead on whatever the policy is, and discovered that enacting step X did not, in fact, lead to a downward spiral into nightmare scenario Y.

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

#337

Post by KirillPanov »

alangibson wrote: post #80

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…

Never going to happen as long as people insist that stuff works on their walled-garden cellphone.

Cellphone lockdowns are the keystone here.

There are sensible arguments for cellphones being walled gardens (grandmas can't defend their phone against malware, etc), but this is the devil's bargain you have to accept.

As long as people (a) want everything on their cellphone and (b) want it to be locked-down enough that they can trust it to not listen in on them and stalk their location, everything downstream of the cellphone will be intermediated.

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

#338

Post by eternalban »

alangibson wrote: post #80

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…

At this rate, they will red pill everyone with a pulse. It's a good thing (/s alert) that we have legislative solution in the pipeline just in time to address the inevitable social consequences.

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

#339

Post by sushisource »

zionic wrote: post #205
sebmellen wrote: post #153

Earlier quoted context omitted.

There was a relevant document posted earlier today at this link: https://news.ycombinator.com/item?id=25942632 . "Protocols, Not Platforms: A Technological Approach to Free Speech (2019)" Article subtitle: > Altering the internet's economic and digital infrastructure to promote free speech I am somewhat skeptical of crypto, but I do hope that the DeFi ecosystem, 20 years in the future, will act as a democratizing for…

DeFi is a core component of my ETH bull hypothesis. All this decentralized activity requires the purchase of ETH to pay for/transact on.

It requires some way to fund it, but that needn't necessarily be ETH. It also well could be, and they have first mover advantage. But, and it's a big but, I think the most important thing people who know much about crypto forget is:

Other people are not like you. Most people have still never even heard of Etherium. Most people won't touch something like that without explicit approval from a government. Which, obviously, is somewhat contrary to the point.

I think the real long term (20+ years) winners in this space will gracefully marry the old world with the new, until society has gotten used to these concepts and we can slowly deprecate some of the centralization.

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

#340

Post by colejohnson66 »

dang wrote: post #401
dang wrote: 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.))

What exactly is the issue? (if you can share)
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