The only reason they still have one start is because 1 is minimum.
Robinhood now has a 1-Star rating on the Google Play Store
351–360 of 547 posts
Re: Robinhood now has a 1-Star rating on the Google Play Store
#352Serious question: Since RobinHood is a private company, does the "if you don't like it, you can build your own platform" argument apply here? Or does that only apply selectively when it benefits partisan politics? This is the natural evolution when censorship as we've recently seen is given a pass.
Holy shit, I can't believe people are comparing RH to Twitter, retail investment and corrupt hedge funds to people inciting violence against election results.
FWIW, this is an app in a supposedly regulated sector, making the call to affect stock prices and cut retail investors out of the market and causing a stock to tank.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#353This is interesting in that it provokes the question of what an app's rating "means". Clearly, if you were getting the app because you expected to be able to trade GME and you can't, then this is a good signal not to get the app. But not all "protest votes" of this sort may be equally good signals.
I would argue most of the 1 star reviews are users like myself feeling betrayed who are speaking with their dollar, share, and review votes by leaving the app entirely.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#354Earlier quoted context omitted.
I've been reading WSB since yesterday and while I understand the outrage about blocking trading. They started blocking trading with $GME trading in the $400's, and a slew of redditors on WSB, Discord & Telegram pushing penny stocks. It started out a crusade against the hedge fund shorting $GME and quickly turned into rallying dumb money to pump and dump penny stocks. Looking at the direction things were going it seem…
> Robinhood acted responsibly No. This is against the Free Market hypothesis. We are supposed to let the Dumb Money get into the market, fail out and learn their lesson.
Wall Street is/will be having a ball with the new administration desperate to keep the market "stable". Stable == deliberately and slowly bled by hedge funds.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#355Earlier 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.
Except for the fact that eth transaction fees are insane and will only increase if popularity does. DeFi is DOA.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#356[deleted]
Re: Robinhood now has a 1-Star rating on the Google Play Store
#357One 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 actually think you are sadly wrong with that hope, as much as I also wish it were true.
Unfortunately, many people (sadly including the far left, who 10 years ago I would have called myself part of) & the media are actively celebrating these blocks and shutdowns because it serves their ideology. For now.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#358Earlier quoted context omitted.
(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.))
Where can I find HN backend architecture?
probably a reasonable starting point: http://arclanguage.org/
Re: Robinhood now has a 1-Star rating on the Google Play Store
#359Earlier 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 problem is in how people use it.
If I say it's a slippery slope from A to B, what that's supposed to mean is that A being true will increase the risk of B becoming true if other things happen as well.
How it's often used though is that if A is a slippery slope to B then A is equivalent to B, and thus any issue with B is an unavoidable issue for A. And of course it gets worse when people jump from A to Z.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#360I honestly feel bad for all the employees, especially the early ones with equity that were looking forward to cashing out after the IPO - now they have to deal with immensely negative PR and federal investigations.
For this reason I imagine that the first unconfirmed leak mentioned in another post will be far from the last. As if WSB vs. hedge funds wasn't a crazy enough story itself, the sequel to The Big Short is pretty much writing itself as the other players in the system expose exactly where they stand. Regulators and the Federal Government chapters incoming...