It's not about milking some Redditors on some stupid pump and dump scheme. It's about killing off retail for good. Robinhood is the one getting screwed, not smart money (cnbc.com). Robinhood was about to go public and start coming after institutions. They openly stated it. Smart money wants to squash retail and kick them out now that they've served their purpose.
Here's a hedge fund worker breaking down the laughable absurdity of the narrative https://www.reddit.com/r/Economics/comments/l7wbvd/billionaire_blasts_robinhood_market_as_jon/glbqlpo?utm_medium=android_app&utm_source=share&context=3
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Lol, I reiterate, reddit is cancer.
No arguments there. However I don't entirely blame Reddit on this one. The government is going to come after Reddit until they shut down WSB. I guarantee it.
A better outcome for humanity is Reddit shutting down entirely. Normies and their endless entertainment seeking behavior have ruined our progress as a Civilization.
Ah yes, the billionaire crybaby.
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