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1996

Hopefully this crowd will realize regular finance is a rigged game rotten from the top down, and that crypto, for all of it problems and scams and whales manipulating the market is a paradise in comparison.

Good luck to them on their DOGE bet! If there's one crypto that deserve to be at the top, it's DOGE.

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That's ridiculous. Finance runs the world. If that were true what does that say about the world.

I'm not sure how having one's ability to buy a stock taken away says anything but bad things about the world.

Temporarily taken away for a few hours, on a small set of platforms. Wow, first world problems are the worst.

The bigger issue is how a problem caused by hedgefunds doing stupid things that verge on criminal (naked short selling) ends up getting weaved into a narrative about normal buying action in the market being market manipulation.

There is no convincing evidence of naked short selling in GME.

And it’s always been considered market manipulation to coordinate groups of investors to make the same trade, since the 1920s. I don’t think anything done on WSB crossed the line but it was in the vicinity.

The only clearly illegal acts were committed by DeepF**ingValue, since he had special obligations as a heavily licensed broker and brokerage firm employee while making his tout videos.

That’s because Robin Hood sucks. Much like so much else in SV they used the lure of free to surreptitiously convert customers into product.

Based on the world most people see, that's fairly accurate.

I definitely prefer working with random cryto people than with random finance people - at least, they are not trying to pretend to be what they aren't.

Well it is more complicated than that. The power structure is a complex web of entrepreneurs, government officials, land owners, military, finance, families who own businesses, CEOs of public companies etc.

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