Connect with us

Hi, what are you looking for?

Prime Webinar GroupPrime Webinar Group

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: Kristen Radtke / The Verge In fashion, it’s said that trends return every 20 years. But it seems technology has started to repeat...

Editor's Pick

Marc Joffe With tens of thousands of California residents living on the streets and widespread concerns over a housing affordability crisis, we might expect...

Editor's Pick

Clark Neily If you haven’t seen the Netflix blockbuster Rebel Ridge, you should. Billed as a Rambo-meets-Jack-Reacher police procedural whose protagonist is triggered by...

Editor's Pick

Jeffrey Miron Proposals to adopt a universal basic income (UBI) raise three questions. The first is whether a UBI should add to or replace...