Post
Topic
Board Service Discussion
Merits 5 from 2 users
Re: [2021-09-23] Robinhood will start testing crypto wallets next month
by
Bitcoin_Arena
on 01/10/2021, 22:45:39 UTC
⭐ Merited by o_e_l_e_o (4) ,ETFbitcoin (1)
The wallet will use a custodial system, which means Robinhood will manage the keys you need to unlock it.
This will be the same company which stopped its users from opening or closing stock positions to benefit themselves? The same company which colluded with Citadel to screw over its users and protect the hedge funds? The same company which has been lying to try to cover all this up? They've shown a complete and utter disregard for their users, and shown they will do anything (even if it is illegal) to protect their own profits and the profits of their hedge fund donors and friends. Why would you think their attitude would be any different when it comes to bitcoin?

Anyone who trusts Robinhood with your private keys and your crypto is just asking to lose everything.
Spot on!

I am really surprised at how forgetful people can be. Why is this even making news?  Undecided

OP should try reading about the GameStop saga and know how evil and fucked up Robinhood is.


When it's hedge funds and whales moving the market  it's legal and normal, but when it's retail traders doing so, it's illegal and manipulation  Angry
Fuckin double standards - https://www.theverge.com/2021/1/28/22254102/robinhood-gamestop-bloc-stock-purchase-amc-reddit-wsb

Why would someone be excited about such a shit platform?