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Robinhood: Stealing from the poor and giving to the rich?

Robinhood: Stealing from the poor and giving to the rich?

Update: 2022-11-166
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Description

Robinhood aims to make investing friendly, approachable, and understandable for newcomers and experts alike. 


Although trading is free for the user, Robinhood makes a small amount of money for every single trade made on the app. The more you trade, the more money they make.


So is making investing free through an app the same as democratization?


Show Notes



This episode uses the following tracks from FMA under a Creative Commons Attribution License: “Assignment” by BoxCat Games, “Day Bird” and “Calm The Fuck Down” by Broke For Free, “Another beep beek beer please” by Rolemusic, “Feels Good 2 B” and “Fat Caps” by Jason Shaw.

See omnystudio.com/listener for privacy information.

Comments (1)

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Jan 16th
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Robinhood: Stealing from the poor and giving to the rich?

Robinhood: Stealing from the poor and giving to the rich?

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