Connect with us

Hi, what are you looking for?

CrazyFlux.comCrazyFlux.com

Tech News

Robinhood admits it’s just a gambling app

“We take pride in the fact that we are expanding the market by welcoming new investors into the financial system.” – Robinhood’s S-1 | Illustration by Alex Castro / The Verge

US citizens can gamble on the upcoming election on Robinhood, the financial nihilism app announced. Robinhood has termed this “unlocking a new asset class that democratizes access to events as they unfold.”

Let’s pause — I would like to reflect on this incredible phrase, about an asset class that democratizes access to events as they unfold. See, I thought we all had access to the events of the election because we all exist in reality and can find out about them. But apparently, if we can’t gamble on an event, it isn’t happening. This is a fascinating vision of metaphysics, and I would like to hear more about it. No one bet on my birth, for instance, and thus there is no asset class relating to my existence. So am I real?

Continue reading…

You May Also Like

Tech News

Image: Scout Motors The VW-backed company is following in the footsteps of Tesla and Rivian by selling directly to customers without a dealership. Continue...

Tech News

Illustration by Alex Castro / The Verge Peacock’s multiview feature isn’t just for sports — it’s also good for tracking the action on election...

Tech News

Illustrations by Alex Castro / The Verge Governments face a deadline in early 2025 to update their national climate plans, 10 years after the...

Editor's Pick

The Halloween effect caught up with the stock market! October 31 ended up being a spooky day for investors. Tepid earnings from big tech...