GameStop, the Platform-Democracy-Complex and the Promise of Crypto
The trading platform Robinhood tried to wiggle itself back into the heart of the masses with a prime-time ad during the Super Bowl break the first weekend of February. The headline was simple: we are all investors. Unsurprisingly, people got mad very quickly: what were the company executives thinking? They had in fact just done the exact opposite during the recent GameStop Saga, which saw the platform (temporarily) suspend stocks and prevented people from trading. (read more...)