ROBINHOOD BLOCKING USERS FROM LEAVING………????
From WSB –> Robinhood now blocks users from getting their statements. Statements are required if you want to transfer to another broker.
From WSB –> Robinhood now blocks users from getting their statements. Statements are required if you want to transfer to another broker.
These guys deserve to go under.
Did it occur to anyone that RH and all the other public trading companies who went to zero commission trading over the last few years (in the name of a ‘competitive’ market), facilitated the transition of hot shares from institutionals/hedgies/insiders to individuals so when the music stopped guess who won’t have a seat?
I wonder if the day will come when any digital asset we own will just become “unavailable”? Physical gold and silver; paper money, if it’s still legal; and Bitcoin and other crypto currencies since they are essentially “knowledge” the cryptographic key string; these things have the best chance of retaining value for those who possess them but I suspect the day will come when any bank account or other electronically managed asset will simply and suddenly become beyond our reach to access.
In Canada already, Chrystia Freeland, the Deputy Prime Minister has already hinted at seizing private citizens’ “excess” savings. They don’t seem to believe in private property anymore. In fact, they talk about the whole country as if they own it. And they only have a minority government.
And they want to bring in mail in ballots for the next election…