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Robinhood Play Store listing went from 329K reviews to 180K in few hours

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Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#601

Post by tesmar2 »

warent wrote: post #564
tesmar2 wrote: post #454

Earlier quoted context omitted.

If so, then prosecute. Which law specifically?

I'm assuming you're trying to corner a point of "You cannot cite a specific law because it doesn't exist" without outright saying it. It seems plain that, at best, Robinhood has violated its fiduciary, and at worst manipulated the market. This is one of those things I've come to understand as being illegal in the same way that I know insider trading is illegal. No, I cannot cite which law makes insider trading illega…

Insider trading is illegal. And I think what robinhood did should be /unless they explicitly stated they could do so in their terms and people went in with eyes wide open/.

I imagine it is, as it seems pretty close to market manipulation, I just want to be careful and understand what’s really going on.

Besides, along with individuals or corporations we should be going after the fed who really manipulates markets and steals from the poor. End the fed.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#602

Post by centimeter »

f430 wrote: post #595
centimeter wrote: post #567

Earlier quoted context omitted.

East Asians are well off economically. If you’re confused about any of this, your model is broken. All you need to know is that East Asians are high IQ (within 0.3stddev of anglo or Germanic whites). This predicts everything else, including economic outcomes. Asians don’t get “diversity” points because they can’t be bribed with status subsidies; they are already high status (doctors, engineers, etc.) because of their…

Again you are grossly generalizing. Wealth disparity gap is one of the widest compared to other demographics. Basing your model on stereotypes and statistics is exactly why we have the issues I spoke about earlier. > If you’re confused about any of this, your model is broken. All you need to know is that East Asians are high IQ (within 0.3stddev of anglo or Germanic whites). This predicts everything else, including e…

> So you think IQ and race are correlated.

Of course - we have several decades of twin and sibling studies confirming this effect.

> I can't believe I just read this on HN

Sorry, I dropped a word from my comment - I meant "the connotation of being Asian is not bad". That is, no one really has a problem with Asians or thinks it's bad to have them around.

> Who are you to gatekeep what is offensive and what isnt

I'm making an observation, not "gatekeeping". There are definitely slurs that are more offensive than others.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#603

Post by dang »

Darmody wrote: post #580
Darmody wrote: post #81

Earlier quoted context omitted.

[flagged]

[flagged]

The problem with "Stalin would've loved it" is that it's obviously an unsubstantive flamebait comment, and so was correctly downvoted. Would you mind reviewing https://news.ycombinator.com/newsguidelines.html? We're trying for a specific kind of conversation here: thoughtful, curious, respectful. That requires avoiding flamebait.

Re HN: I think you might be falling prey to the notice-dislike bias, which is a variation of sample bias where the comments we dislike or cause us pain start to feel like they're dominating the whole site. They don't dominate the site—HN is divided much as society (all over the world) is divided. But it feels like they do, because painful data points land harder and make deeper impressions than the things one likes or agrees with. The people who have opposite views to yours see HN as dominated by their opposite side (which is to say, your side), because of exactly the same mechanism.

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...

https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...

https://news.ycombinator.com/item?id=23308098

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#605

Post by f430 »

centimeter wrote: post #602
f430 wrote: post #595

Earlier quoted context omitted.

Again you are grossly generalizing. Wealth disparity gap is one of the widest compared to other demographics. Basing your model on stereotypes and statistics is exactly why we have the issues I spoke about earlier. > If you’re confused about any of this, your model is broken. All you need to know is that East Asians are high IQ (within 0.3stddev of anglo or Germanic whites). This predicts everything else, including e…

> So you think IQ and race are correlated. Of course - we have several decades of twin and sibling studies confirming this effect. > I can't believe I just read this on HN Sorry, I dropped a word from my comment - I meant "the connotation of being Asian is not bad". That is, no one really has a problem with Asians or thinks it's bad to have them around. > Who are you to gatekeep what is offensive and what isnt I'm ma…

go fuck yourself you fucking racist shit bag

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#606

Post by 93po »

tesmar2 wrote: post #601
warent wrote: post #564

Earlier quoted context omitted.

I'm assuming you're trying to corner a point of "You cannot cite a specific law because it doesn't exist" without outright saying it. It seems plain that, at best, Robinhood has violated its fiduciary, and at worst manipulated the market. This is one of those things I've come to understand as being illegal in the same way that I know insider trading is illegal. No, I cannot cite which law makes insider trading illega…

Insider trading is illegal. And I think what robinhood did should be /unless they explicitly stated they could do so in their terms and people went in with eyes wide open/. I imagine it is, as it seems pretty close to market manipulation, I just want to be careful and understand what’s really going on. Besides, along with individuals or corporations we should be going after the fed who really manipulates markets and…

RH's terms don't overwrite laws and regulations. It is very tightly regulated what organizations like RH are allowed to do and they don't set their own rules.

The fed argument is really nuanced and difficult. They absolutely manipulate but not all manipulation has to be bad.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#607

Post by recursive »

Nbox9 wrote: post #457
recursive wrote: post #455

Earlier quoted context omitted.

People have taken them before. There were tests. A relative of mine was in one. Furthermore, the media doesn't certify which vaccines are safe. There are various governmental agencies in different countries for that.

> Furthermore, the media doesn't certify which vaccines are safe. The media plays a critical role in encouraging people to get a vaccine.

I would be very surprised if any reputable media was telling anyone a vaccine that wasn't certified.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#608

Post by paulddraper »

Theory5 wrote: post #559
paulddraper wrote: post #414

Earlier quoted context omitted.

> Which deplatformings do you specifically refer to? President (Twitter, Facebook, Instagram), White House, Parler (Google Play, Apple, AWS), MyPillow guy, anyone who utters the phrase "stop the steal" on Facebook, Kyle Rittenhouse (Facebook, GoFundMe, Discover)

Wow, it's almost like private companies don't want to be seen supporting terrible people who have done terrible things, such as damage a democracy by incompetence and malice. Or encouraged and emboldened extremists cumulating in an attempt to actually harm the leaders of a country, or illegally obtain a gun, shot several people, then was seen associating with extremists who regularly call for and perpetrate violence.

Yes, that's why deplatforming happens.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#609

Post by ncallaway »

SllX wrote: post #432
ncallaway wrote: post #286

Earlier quoted context omitted.

2% annual wealth tax on wealth over 200M. 70% top marginal tax rate on incoming over $10M in a year. Then it wouldn't be illegal to be a billionaire, but it would be much harder, and would mean you were constantly contributing a significant amount back to society if you're able to maintain that level of wealth.

You have thought this through more. 1. How would you conduct this assessment? 2. Now that you have figured out the legality of your position, why is this moral to do?

> How would you conduct this assessment?

The same way the IRS conducts income assessments. Some additional forms that you have to fill out declaring your wealth at tax-time.

For the vast majority of people you could add a form on the IRS-1040 that is a single check box.

"Check this box if you have less than $100,000,000 in total assets". If you have more than $100,000,000 in assets, then you have to fill out an additional schedule(s) detailing your assets.

If your assets are over $200,000,000 then you're taxed on your assets that exceed that amount.

> Now that you have figured out the legality of your position

I actually am not 100% convinced of the legality of the wealth tax. I think we've figured out the practicalities of it. I think it may be an open question as to whether a wealth tax is presently constitutional.

I don't think it's obviously unconstitutional, but I also don't think it's obviously constitutional.

> why is this moral to do?

I'll play if you will. First, you explain the moral position of allowing people to starve, and to die of the elements when others have more money than they could ever spend in their lifetime.

Once you explain the morality of a national with the resources such as ours allowing people to die in the elements, then I'll go ahead and take a pass at the morality of the wealth tax.

Which is to say: I think it is immoral not to have such a tax.

Re: Robinhood Play Store listing went from 329K reviews to 180K in few hours

#610

Post by ncallaway »

malwrar wrote: post #315
ncallaway wrote: post #286

Earlier quoted context omitted.

2% annual wealth tax on wealth over 200M. 70% top marginal tax rate on incoming over $10M in a year. Then it wouldn't be illegal to be a billionaire, but it would be much harder, and would mean you were constantly contributing a significant amount back to society if you're able to maintain that level of wealth.

How would this work for someone who is a billionaire by means of illiquid assets like stock in the company they founded?

They would have a couple of options:

They could sell stock—maintaining the total size of the company but losing some control over it, in order to pay taxes.

Alternatively, they could reduce the size of the company by having the company issue dividends on the stock to shareholders, in an amount enough to cover taxes.

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